Industry Insights
May 6th is #WorldPasswordDay, an entire 24 hours devoted to emphasizing the critical need of strong passwords, so your information isn’t exposed in the abyss known as the dark web. In recognition of this special day, we are sharing some tips with you on how to create a cybersmart password! For more tips on creating […]
How can ATA Carnets boost your revenue? As international travel opens back up across the world, it brings opportunities for business growth to the trade and logistics industry. When you add a complete ATA Carnet solution to your suite of services, you will help develop, grow, and retain clients. The ATA Carnet is a proven […]
What Is CARM? CARM is a multi-year initiative implemented by Canada Border Services Agency (CBSA). CARM stands for CBSA Assessment and Revenue Management and is intended to modernize and streamline the process of imports into Canada. Under CARM, importers will need to secure and post their own import bond in order to participate in the […]
When ransomware strikes, business stops. You may be in the middle of writing an email or arranging a shipment or paying a bill when your familiar screen disappears and is replaced by an ultimatum: pay up or lose your data forever. A typical ransomware screen might inform you that your system’s data has been encrypted […]
The Purpose of the Customs Bond Risk Assessment Why does a surety underwriter choose to to review the customs bond principal’s financial position? Because the bond represents a financial risk to the surety. The customs bond is a three-party contract between the surety company, US Customs and Border Protection (CBP), and the importer who […]
An important change written into CBSA Notice 20-28 went into effect as of January 4, 2021. Starting on this date only electronic house bills may be used for consolidated shipments, if not specifically exempted. This requirement directly impacts Freight Forwarders arranging shipments into Canadian ports. Freight forwarders are liable for the transmission of house bill data […]