Commerce Secretary Howard Lutnick has terminated the agency’s Advisory Committee on Supply Chain Competitiveness along with 13 other advisory committees, the Commerce Department said on its website. Lutnick “determined that the purposes for which fourteen of the discretionary advisory committees were established have been fulfilled, and the committees have been terminated” effective Feb. 28.
Exporters who send their goods in ocean freight testified to an interagency panel that the Office of the U.S. Trade Representative's proposal to require a segment of exports to travel on U.S.-flagged, and eventually, U.S.-built ships (see 2502240058) will harm their business, or even make transport so expensive that they will be priced out of sales altogether.
The State Department approved a possible $100 million military sale to Saudi Arabia, the Defense Security Cooperation Agency said last week. The sale includes "Advanced Precision Kill Weapon Systems" and related support. The principal contractor will be BAE Systems.
The Federal Maritime Commission is asking for public comments on an information collection related to ocean common carriers that are subject to the FMC’s regulations. The notice said these controlled carriers must ensure that they don’t maintain rates or charges in their tariffs and service contracts “that are below a level that is just and reasonable; nor establish, maintain, or enforce unjust or unreasonable classifications, rules, or regulations in those tariffs or service contracts that result or are likely to result in the carriage or handling of cargo at rates or charges that are below a just and reasonable level.” Public comments are due April 23.
The Federal Maritime Commission is warning government contractors about “fraudulent solicitations” sent via email from people pretending to be from the FMC. The commission urged companies to check emails for an address that ends in “@fmc.gov.” Emails that don’t end in “@fmc.gov” means “the address did not originate at the Federal Maritime Commission,” it said.
The State Department approved a possible $165 million military sale to Australia, the Defense Security Cooperation Agency said this week. The sale includes "Countermeasures, Chaff, and Impulse Cartridges" and related equipment; principal contractors will be Kilgore Flares, Armtec Countermeasures, Alloy Surface and CCI Capco.
The Bureau of Industry and Security plans later this month to add 30 companies and remove 17 others from its boycott requester list, a list of entities that have asked other companies to boycott goods from certain countries in violation of the Export Administration Regulations (see 2412300003). The change will bring the total number of companies on the list to 165, a Commerce Department official said at the BIS annual update conference this week. The official said the list has “driven foreign parties to change their behavior by” convincing them to eliminate boycott language from their business documents.
The Bureau of Industry and Security this week updated its website with a new page that lists all past BIS-related rules and notices published in the Federal Register; new tools to search the Commerce Control List; and more, a Commerce Department official said at the agency’s annual update conference. The official said the updates are the “first phase of our ongoing enhancement and migration efforts to transition information from the” old BIS website to the new one (see 2312040016).
The Federal Maritime Commission has asked a group of major ocean shipping carriers to provide it with more information about an amendment to an agreement that would allow them to participate in the New York Shipping Exchange index governing board, “which shall discuss and agree on all aspects of the development, implementation, modification and auditing of container freight indices, as produced by NYSHEX,” the FMC said in a notice released March 14. The commission said its notice prevented “the proposed amendment to this agreement from becoming effective as originally scheduled” on March 12. The parties to the agreement are carriers CMA CGM, Hapag-Lloyd, COSCO Shipping Lines, COSCO Shipping Co., HMM, Maersk, and Ocean Network Express.
When the Financial Crimes Enforcement Network revises a rule implementing the Corporate Transparency Act (CTA), it will aim to ensure the regulations are “appropriately tailored to advance the public interest,” a Treasury Department official told lawmakers last week.