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Compliance Industry News

President Trump to Impose Tariffs on Countries Providing Oil to Cuba

The below was taken in part from the NCBFAA: Yesterday evening, January 29th, President Trump issued an Executive Order stating an additional ad valorem duty may be imposed on goods imported into the US which are products of a country that directly or indirectly sells or otherwise provides any oil to Cuba , effective at 12:01 AM EST … Continued
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Compliance Industry News

UPDATE: Electronic ACH Refunds Final Rule Effective February 6th, 2026 – New FAQs Now Available

The below was taken in part from CSMS# 67513690 and is an update to our January 26th Customer Advisory: Beginning February 6th, 2026, US Customs and Border Protection (CBP) will issue all refunds electronically via Automated Clearing House (ACH) (subject to limited exceptions), as announced in the Electronic Refunds Interim Final Rule published January 2nd, 2026 in the … Continued
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Compliance Industry News

President Trump to Reset South Korean Tariffs to 25%

The below was taken in part from the NCBFAA: On January 26th, President Trump announced in a Truth Social post that he will reset the tariffs on imports of automobiles, lumber, pharmaceuticals, and “other” reciprocal tariffs from South Korea to 25% from 15% due to the country not yet enacting a trade deal reached with … Continued
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Domestic

RIM US Inland Digest | January 26th, 2026

Fuel Updates As of Monday, January 26th, 2026, the national average price of diesel fuel—the benchmark for domestic trucking—is $3.53 per gallon. In late January 2026, the US domestic truckload market remains in an extended correction phase, transitioning from a period of severe contraction toward rebalancing. Capacity continues to tighten due to ongoing small-carrier attrition. … Continued
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Compliance Industry News

REMINDER: Electronic ACH Refunds Final Rule Effective February 6, 2026

Reminder: As outlined in the advisory below, U.S. Customs and Border Protection (CBP) will begin issuing all refunds electronically via ACH effective February 6, 2026. After this date, CBP will no longer issue refund checks unless a waiver has been approved. Importers and other parties who may receive CBP-issued refunds should review the information below and ensure all … Continued
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