BE-30: Quarterly Survey of Ocean Freight Revenues and Foreign Expenses of U.S. Carriers, 3377 [2024-00867]

Agencies

• DEPARTMENT OF COMMERCE
• Bureau of Economic Analysis

[Federal Register Volume 89, Number 12 (Thursday, January 18, 2024)]
[Notices]
[Page 3377]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-00867]


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DEPARTMENT OF COMMERCE

Bureau of Economic Analysis

[Docket No. 240111-0008]
RIN 0691-XC146


BE-30: Quarterly Survey of Ocean Freight Revenues and Foreign 
Expenses of U.S. Carriers

AGENCY: Bureau of Economic Analysis, Commerce.

ACTION: Notice of reporting requirements.

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SUMMARY: By this Notice, the Bureau of Economic Analysis (BEA), 
Department of Commerce, is informing the public that it is conducting 
the mandatory survey titled Quarterly Survey of Ocean Freight Revenues 
and Foreign Expenses of U.S. Carriers (BE-30). The data collected on 
the BE-30 survey are needed to measure U.S. trade in transport services 
and to analyze the impact of U.S. trade on the U.S. and foreign 
economies. This survey is authorized by the International Investment 
and Trade in Services Survey Act.

FOR FURTHER INFORMATION CONTACT: Christopher Stein, Chief, Services 
Surveys Branch, Balance of Payments Division, via phone at (301) 278-
9189 or via email at [email protected].

SUPPLEMENTARY INFORMATION: Through this Notice, BEA publishes the 
reporting requirements for the BE-30 survey form. As noted below, all 
U.S. persons required to respond to this mandatory survey will be 
contacted by BEA. U.S. persons must submit the completed survey forms 
within 30 days after the end of each quarter. This Notice is being 
issued in conformance with the rule BEA issued on April 24, 2012 (77 FR 
24373), establishing guidelines for collecting data on international 
trade in services and direct investment through notices, rather than 
through rulemaking. Additional information about BEA's collection of 
data on international trade in services and direct investment can be 
found in the 2012 rule, the International Investment and Trade in 
Services Survey Act (22 U.S.C. 3101 et seq.), and 15 CFR part 801. 
Survey data on international trade in services and direct investment 
that are not collected pursuant to the 2012 rule are described 
separately in 15 CFR part 801. The BE-30 survey form and instructions 
are available at www.bea.gov/ssb.

Reporting

    Notice of specific reporting requirements, including who is to 
report, the information to be reported, the manner of reporting, and 
the time and place of filing reports, will be mailed to those required 
to complete this survey.
    Who Must Report: (a) Reports are required from U.S. ocean carriers 
that had total reportable revenues or total reportable expenses that 
were $500,000 or more during the previous year, or are expected to be 
$500,000 or more during the current year. See BE-30 survey form for 
more details.
    (b) U.S. persons required to report will be contacted individually 
by BEA. U.S. persons not contacted by BEA have no reporting 
responsibilities.
    What To Report: The survey collects information on U.S. ocean 
freight carriers' foreign revenues and expenses.
    How To Report: Reports can be filed using BEA's electronic 
reporting system at www.bea.gov/efile. Copies of the survey forms and 
instructions, which contain complete information on reporting 
procedures and definitions, can be downloaded from www.bea.gov/ssb and 
submitted through mail or fax. Form BE-30 inquiries can be made by 
phone to BEA at (301) 278-9303 or by sending an email to [email protected].
    When To Report: Reports are due to BEA 30 days after the end of 
each quarter.

Paperwork Reduction Act Notice

    This data collection has been approved by the Office of Management 
and Budget (OMB) in accordance with the Paperwork Reduction Act and 
assigned control number 0608-0011. An agency may not conduct or 
sponsor, and a person is not required to respond to, a collection of 
information unless it displays a valid control number assigned by OMB. 
Public reporting burden for this collection of information is estimated 
to average 4 hours per response. Additional information regarding this 
burden estimate may be viewed at www.reginfo.gov; under the Information 
Collection Review tab, click on ``Search'' and use the above OMB 
control number to search for the current survey instrument. Send 
comments regarding this burden estimate to Christopher Stein, Chief, 
Services Surveys Branch (BE-50), Balance of Payments Division, via 
email at [email protected]; and to the Office of Management and 
Budget, Paperwork Reduction Project 0608-0011, via email at 
[email protected].
    Authority: 22 U.S.C. 3101-3108.

Paul W. Farello,
Associate Director for International Economics, Bureau of Economic 
Analysis.
[FR Doc. 2024-00867 Filed 1-17-24; 8:45 am]
BILLING CODE 3510-06-P