The Bureau of Economic Analysis (BEA) of the Commerce Department has issued a notice about the mandatory Quarterly Survey of Ocean Freight Revenues and Foreign Expenses of U.S. Carriers (BE-30). This survey helps measure trade in transport services and its impact on both the U.S. and foreign economies. U.S. ocean carriers with revenues or expenses of $500,000 or more must report their information each quarter. Survey forms can be submitted electronically, or by mail or fax, and are due 30 days after each quarter ends.
Simple Explanation
The Bureau of Economic Analysis in the U.S. wants to know how much money is made and spent by American ships when they carry stuff to other countries. If they make or spend a lot, they have to fill out and send a form every three months.