March 04, 2022 | Transportation

Managing Customs Bond Sufficiency in a Chaotic Trade Climate

Share This:

As Featured in American Journal of Transportation

Trade remedy tariffs are no longer headline news, but they are still relevant and pose a unique set of delay and disruption concerns for importers. High among these concerns are insufficient Customs Bonds. With no end in sight for any relief from these tariffs, importers and their customs brokers should continue to monitor their import bonds for sufficiency closely.

In an article recently featured in American Journal of Transportation, Roanoke’s Assistant Vice President, Maya Mackey, discusses the chaotic trade climate and its impact on managing customs bond sufficiency. According to Mackey, one of the best ways to avoid extra costs, burdens, and unnecessary liability is to obtain a bond in the proper amount, especially since maintaining a sufficient Customs Bond is within the importer’s control.

Read the full article here to learn how to avoid delay and disruption in your business by vigilantly monitoring your import bond sufficiency and visit our bond sufficiency FAQ page for additional information and resources.

Click to Read Article

Share This:

Rail, Intermodal Transport Set to Grow in the Next Four Years

Increasingly more businesses are turning to intermodal transport – using multiple modes of transportation (rail, ship, truck) – as a result in large part to current market conditions in the trucking sector. Unstable fuel prices, driver shortages, infrastructure challenges, truck capacity, and federal regulations limiting the number of hours drivers can be on the road […]

Industry Insights, Shipping, Trade, Transportation

Transportation Management Key in Enhancing Supply Chain Visibility, Reducing Costs

Freight transportation costs in the United States amount to about 6% of the GDP, according to the Department of Transportation, contributing significantly to the cost of the supply chain for companies. When companies look to manage and reduce their overall supply chain costs, the appropriate use of transportation is key in doing so. Transportation management […]

Industry Insights, Insights, Transportation

Emergency Management Plans Critical in Keeping the Supply Chain Moving

In 2016 we saw several events hit the logistics services industry causing delays and upheaval in the supply chain. What these events have taught us once again is the necessity to have a robust emergency management plan in place to help assist companies in delivering client goods on schedule. While some events are sudden others […]

Industry Insights, Transportation

Roanoke is the leading provider of insurance and surety solutions for transportation and logistics providers. In fact, we are recognized as the most reliable source for U.S. customs bonds.

Who We Serve

Resource Center

Contact

If you have any questions or need help, feel free to contact with our team.

800-762-6653

US CORPORATE HEADQUARTERS

1501 E. Woodfield Road

Suite 400W

Schaumburg, IL 60173

CANADA CORPORATE HEADQUARTERS

390 Bay Street

Munich Re Centre, 22nd Floor

Toronto, ON M5H 2Y2

Managing Customs Bond Sufficiency in a Chaotic Trade Climate

Related

Solutions that Go the Distance.