Industry Insights

Originally published on August 6th on the TIA website by Grant E. Goldsmith. Earlier this year, General Motors introduced its latest self-driving car – a car with no steering wheel or foot pedals – that’s expected to hit the streets in 2019. GM’s car is meant to drive itself with no assistance (hence no steering wheel) from the driver. This is the future – driverless vehicles. We are now on the edge of a mobility revolution that will eventually impact many parts of the future supply chain. Let’s look at a few of the possibilities and future trends. Future unmanned vehicles, and […]

  Corporate crime and fraud may be the cause of both known and unknown monetary loss. Do you know where to look for evidence of crime & fraud and how to identify the most common sources of behavior? Join us on 8/21/18 at 1pm CT for our complimentary webinar – Corporate Crime and Fraud: The Risks, the Red Flags and Best Practices presented by Terry Cummings, Vice President, Sales at Roanoke Trade. The webinar will cover risks, statistics and real life examples as well as red flags displayed by perpetrators and best practices for reducing risks. This webinar has been approved […]

August 1st, is a big day in the ATA Carnet world! After much anticipation Qatar will officially be accepting ATA Carnets, and we know many of you are very happy with this latest ATA Carnet development. As of tomorrow U.S. exporters who ship to Qatar can begin sending their temporary import shipments to Qatar on the ATA Carnet, the “passport for cargo” and the gold standard for temporary entries. To best prepare your business for this change, here is a list of the special considerations that Qatar has for ATA Carnet entries: 1.) As Qatar is only initially accepting goods for exhibitions and […]

General Average: A Little-Known but Costly Risk General Average (GA) is an overlooked and poorly understood risk that has significant consequences for cargo owners with shipments that move via ocean vessel. A General Average loss includes possible damage to a shipper’s cargo, delay to the shipment, and additional costs associated specifically with a GA incident. Complicating the matter further, the shipping line that declares the GA has the right to hold the shipper’s goods until acceptable security is posted on their behalf. Shipper’s interest cargo insurance can mitigate all of these expenses and complications. So what exactly does the term […]

By: Matthew L. Zehner – Vice President, Surety Information & Analysis For some time ACE was not properly matching the entry filed by the customs broker to the eSTB. It was only matching on 4 of the 5 data elements (not matching entry type). The entry should match exactly to the information filed on the bond using these five data elements: Importer Number Entry Number Surety Code Bond Amount Entry Type   On June 27, CBP implemented the fix for this, which may lead to you experiencing a higher number of errors when you file your entries. The typical example […]

By: Matthew L. Zehner – Vice President, Surety Information & Analysis In the June 12, 2018 Federal Register, CBP’s ACAS Interim Final Rule sets forth CBP’s new regulations requiring certain information about air cargo shipments that arrive in or transit the United States. Air Cargo Advance Screening (ACAS) regulations formalize a pilot program initiated over 7 years ago in response to terrorist attempts targeting air traffic, including the use of air cargo. These new regulations round out and backfill some existing requirements from the advance manifest regulations implemented nearly 15 years ago (19 CFR §122.48a), define the subset of air cargo […]