Asset Based Lending Blog/News

March 16, 2020 | Uncategorized

CBP has initiated a series of calls informing industry groups and leadership on the impact to trade caused by the spreading COVID-19 disease. During the call, CBP confirmed that recently enacted traveler restrictions for select individuals traveling into the United States do not extend to cargo.  At this time, CBP is guided by the medical […]

March 13, 2020 | Uncategorized

Dear Valued Client: The well being of our clients, employees and partners are paramount to Express Trade Capital, Inc. We wanted to share with you that we are open for business and have remote back-up plans in place should the situation require. These are very fluid and challenging times and Express Trade Capital prides itself […]

March 3, 2020 | Uncategorized

GSP up for Review The Office of the United States Trade Representative announced on March 2, 2020, regarding products and countries eligible for preference treatment under the Generalized System of Preferences (GSP) annual review. The attached notice includes articles and countries that are under review. https://www.govinfo.gov/content/pkg/FR-2020-03-02/pdf/2020-04220.pdf List I identifies articles which will be removed from […]

February 18, 2020 | Announcement, Cargo, Manufacturing, Shipping, Uncategorized

Overall Market Conditions: China officials have extended the Spring Festival Holiday until after February 2. The length of the extensions may vary depending on the location. Shanghai has extended until February 10, while others until February 14 or longer. As factories re-open, labor continues to be minimal as public transportation in certain cities or provinces […]

February 13, 2020 | Uncategorized

Important Upcoming Information Due to the upcoming Federal Holiday, our office will be closing Monday, February 17th. We will re-open Tuesday, February 21st. Please contact your account officer accordingly during this time frame. We greatly appreciate your understanding and apologize for any inconvenience.

January 15, 2020 | Uncategorized

Important Upcoming Information. Due to the upcoming Federal Holiday, our office will be closing Monday, January 20th. We will re-open Tuesday, January 21st. Please contact your account officer accordingly during this time frame. We greatly appreciate your understanding and apologize for any inconvenience.

December 20, 2019 | Uncategorized

Important Upcoming Information Due to the upcoming holidays, our office will be closing Tuesday, December 24th from 3:00 through end of the day Wednesday. We will also be closing Tuesday, December 31st from 3pm through January 1st. Please contact your account officer accordingly during this time frame. We greatly appreciate your understanding and apologize for […]

December 18, 2019 | Events, Announcement, Cargo, Government, Retail, Shipping, Uncategorized

Carli Valinoti, Express Trade Capital After months of negotiation, the US and China have announced that they have come to an agreement on trade. The US will cut the current taxes on $120 billion of Chinese goods from 15% down to 7.5% and has decided to not move forward with adding tariffs to the rest […]

December 16, 2019 | Uncategorized

Reports from the White House and the Office of the United States Trade Representative (USTF) announce that a Phase 1 agreement with China has been reached with a significant impact on the current and pending changes. The trade-remedy tariffs under List 4B will not go into effect on December 15, 2019, as previously announced.  This […]

November 25, 2019 | Uncategorized

Important Upcoming Information Due to the upcoming holiday, our office will be closing Wednesday, November 27 from 3:00 through end of the day Friday. We will reopen Monday, December 2. Please contact your account officer accordingly during this time frame. We greatly appreciate your understanding and apologize for any inconvenience.