Wednesday , August 23 2017
Breaking News


Customs and Border Protection seizes over $400K of crystal meth


LAREDO: Customs and Border Protection officers seized over $400,000 worth of crystal meth at a Laredo port of entry. The seizure happened on Sunday, August 20th over at the Colombia-Solidarity Bridge when a CBP officer referred a 2011 Chevrolet Silverado for secondary inspection. A canine and officer inspected the vehicle and discovered ten cans allegedly containing 10 pounds of crystal ... Read More »

US to tax Argentine, Indonesian biodiesel imports


WASHINGTON:  The United States on Tuesday announced new import duties on biodiesel imports from Argentina and Indonesia, which officials said received improper government subsidies. The action was spurred by complaints from a coalition of US producers who said the imports constituted unfair competition. “The US values its relationships with Argentina and Indonesia but even friendly nations must play by the ... Read More »

U.S., Mexican Customs improve rail processing at Laredo


WASHINGTON: U.S. Customs and Border Protection (CBP) and Mexican Customs (Servicio de Administracion Tributaria/Aduana Mexico or SAT) on Friday formally dedicated a new center at the Laredo, Texas, to allow both agencies to more efficiently work together to process freight trains crossing the border. The agencies were joined by officials from the Kansas City Southern, which invested in the construction ... Read More »

Rising US crude exports promise more earnings for VLCCs from longer voyages


WASHINGTON: The US gradually turning into a key exporter of crude will support freight rates because of the prospect of more longer voyages, according to market participants. Shipowners are now planning their voyages in such a way that they can pick up cargoes of US crude for delivery to Asia. US crude imports were estimated by EIA at 7.87 million ... Read More »

CBP formally installs new director for Mid -Atlantic operations


WASHINGTON: In a time-honored tradition, Arlington, Va., native and Annapolis, Md., resident Casey Durst formally assumed command Thursday of U.S. Customs and Border Protection’s (CBP) Baltimore Field Office.  She oversees CBP border security and trade and travel facilitation operations throughout the mid-Atlantic states. Durst previously served as the Area Port Director of St. Albans, Vt,, in command of 18 ports ... Read More »

US polished diamond trade slows in June


WASHINGTON: US polished-diamond imports fell by both value and volume in June, according to data the government released recently. Polished imports declined 2.7% year on year to $1.67 billion, while by volume they slid 8% to 728,000 carats, the figures showed. The average price rose 6% to $2,294 per carat. Polished exports increased 4.5% to $2.71 billion, leaving net polished ... Read More »

Customs and Border Protection hosts recruitment events throughout Mid-Atlantic


BALTIMORE: U.S. Customs and Border Protection (CBP) is hosting several recruitment events throughout the Mid-Atlantic and is looking for hard-working, dedicated men and women to join us in protecting our homeland. CBP is the nation’s border security agency charged with facilitating the free flow of legitimate international trade and travel, enforcing customs and immigration laws at our nation’s ports of ... Read More »

U.S. oil rig count decreases by 3 this week to 946


HOUSTON: The number of rigs exploring for oil and natural gas in the U.S. decreased by three this week to 946. A year ago, just 491 rigs were active. Houston oilfield services company Baker Hughes said Friday that 763 rigs sought oil and 182 explored for natural gas this week. One was listed as miscellaneous. Among major oil- and gas-producing ... Read More »

Douglas CBP officers seize cash, cashier checks headed for Mexico


WASHINGTON: U.S. Customs and Border Protection officers conducting outbound inspections at Arizona’s Port of Douglas detained a local woman for failing to report a large sum of U.S. currency she was taking into Mexico. Officers selected the woman, identified as a 36-year-old U.S. citizen, for a secondary inspection as she attempted to depart the U.S. in her 2016 Ford Explorer. ... Read More »

US expands market access for rice exports to Columbia


WASHINGTON: The new agreement lifts strict requirements related to phytosanitary concerns, the release added. Columbia is the United States’ 12th biggest export market for food and agricultural items, the release stated. The US exports were valued at more than $2.4 billion in 2016, according to the release. Read More »

U.S. Border Patrol agents arrest Sureños gang member near Buffalo, N.Y.


WASHINGTON: U.S. Border Patrol agents assigned to the Buffalo Border Patrol Station arrested an illegal alien who is a member of the Sureños gang. On August 9, 2017, Buffalo Station Border Patrol agents were investigating information received about illegal aliens present at a residence near Buffalo, NY. While transiting through the area, agents observed a male subject standing outside the ... Read More »

U.S. natural gas market sees big benefits from NAFTA

natural gas

WASHINGTON: As Congress begins to examine the North American Free Trade Agreement at the behest of President Donald Trump, lawmakers need to ensure that nothing they decide disrupts one of the more relevant industries in the pact: energy — in particular, natural gas. U.S. producers need Mexico, their largest customer. The glut of production in the U.S. far exceeds domestic ... Read More »

U.S. oil to bounce to $48.45


WASHINGTON: U.S. oil is expected to bounce to a resistance at $48.45 per barrel, as it has found a support at $47.23. For a chart: http://tmsnrt.rs/2i4zk3w The resistance and the support are identified respectively as the 23.6 percent and the 38.2 percent Fibonacci retracements of a three-wave cycle from the June 21 low of $42.05 to the Aug. 1 high ... Read More »

US economy gains momentum with July retail sales at 7-month high


WASHINGTON: US retail sales recorded their biggest increase in seven months in July as consumers boosted purchases of motor vehicles and lifted discretionary spending, suggesting the economy continued to gain momentum early in the third quarter. Retail sales for June and May also were revised higher, which should help to assuage concerns about consumer spending, But persistently sluggish wage growth ... Read More »

Customs and Border Protection seizes toy airplanes worth $575,000


WASHINGTON: US Customs and Border protection recently announced the seizure of a shipment of 36,000 toy airplanes. According to a news release, the shipment of airplanes was in a rail container crossing the border from Canada. Examination of the merchandise led officers to further investigate licenses and trademarks required. Upon discussion with the trademark holders, it was determined that neither ... Read More »

CBP arrests man who falsely claimed to be a U.S. citizen


WASHINGTON:  U.S. Customs and Border Protection (CBP) Office Field Operations officers arrested a man at the Lewiston Bridge after he falsely claimed to be a U.S. citizen. On Sunday, Juan Jimenez Cortez, a 45-year old male, citizen of Mexico, presented an Illinois driver’s license bearing a different name and told the primary officers that he was a U.S. citizen. Cortez ... Read More »

Laredo Sector Border Patrol seizes over 1,500 lbs of marijuana


LAREDO: Border Patrol agents seized 1,582.9 pounds of marijuana in Laredo, Texas.  Agents at the Border Patrol Checkpoint on Interstate Highway 35 encountered a white tractor pulling a white trailer at the primary lane.  The driver was questioned regarding his immigration status and consented to further inspection.  A non-intrusive inspection of the trailer revealed anomalies.  A further search of the ... Read More »

Oil-state Senators advise against US ban on Venezuela oil


WASHINGTON:  Four U.S. Senate Republicans from oil-refining states Thursday urged the Trump administration not to block oil shipments from Venezuela as part of U.S. sanctions against the country, saying it could raise costs for U.S. fuel consumers. The United States sanctioned President Nicolas Maduro and other Venezuelan officials after Maduro established a constituent assembly run by his Socialist Party loyalists ... Read More »

U.S. wholesale inflation drops in July for first time in 11 months


WASHINGTON: U.S. wholesale prices declined in July for the first time in almost a year, further evidence of soft inflation that is bedeviling the Federal Reserve. The producer-price index fell 0.1% in July, the Labor Department said Thursday, the first drop since last August. The core rate, which excludes volatile categories of food, energy and trade, was flat in the ... Read More »

Border Patrol discovers meth in spare tire, arrest woman


WASHINGTON: El Centro Sector Border Patrol agents working at the Highway 111 immigration checkpoint arrested a man suspected of smuggling methamphetamine Tuesday afternoon. The incident occurred at approximately 2:45 p.m. when a 31-year-old woman driving a 1999 GMC Yukon approached the checkpoint. A Border Patrol canine detection team alerted to the vehicle. Agents sent the vehicle to secondary inspection for ... Read More »