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Since the start of the COVID-19 pandemic crisis, there have been shifting reports that the White House would impose temporary changes to duties, taxes and fees payment schedules in order to grant relief to importers. This past weekend, an Executive Order was issued that provides up to a 90-day duty postponement to qualified importers whose entries meet select conditions. The details of the CSMS message include: 1. The relief requires that importers seeking duty deferral be suffering “significant financial hardship.” This term is vague, but CBP provides guidance stating: “An importer will be considered to have a significant financial hardship if the […]
The fallout from the COVID-19 pandemic in lost lives and economic disruption is tremendous. The pandemic has also caused unprecedented changes in the way we work. Many individuals throughout every sector of business are now working remotely. This includes the transportation sector, particularly as more state governments across the country impose stricter guidelines to stem the spread of the coronavirus. According to the National Customs Brokers and Forwarders Association of America (NCBFAA), customs broker and freight forwarder offices – large and small – throughout the United States are increasingly having employees work from home. The trade has shown confidence is […]
**Last Updated 04/16/2020** COVID-19 continues to impact international travel, cargo shipments, and public and private events of all kinds. As such, ATA Carnet shipments are more susceptible to disruptions as country’s take action to stop the spread of COVID-19. Even in relatively good conditions right now, you may encounter unexpected difficulties booking timely re-exportations to meet ATA Carnet expiration deadlines. We understand the concerns of our clients and partners and will continue to work to keep you informed as this situation progresses. We have received new information relating to how specific ATA Carnet countries are handling the continued impact of COVID-19 […]
Wishing everyone a Happy Holiday this Easter and Passover. Our thoughts and prayers are with those suffering loss, struggling financially, or otherwise as a result of COVID-19. And we are so very grateful to our employees and clients who have been terrific during this time. To that end, it is with great humility that we ‘pay it forward’ with a donation to Americares and ALAN: Americares is a health focused relief organization responding to people affected by poverty or disaster with medicine, medical supplies and health programs during this pandemic. Their Emergency Programs help communities prepare for, respond to and […]
Understanding the Changes that Impact Insurance Recently, Roanoke President, Karen Groff, was featured in the NCBFAA monthly newsletter to talk about the release of Incoterms 2020. The NCBFAA, or National Customs Brokers and Forwarders Association of America, has been a prominent and effective voice for the industry since 1897, and they closely watch over legislative and regulatory issues that affect their members. With the recent release of Incoterms 2020, some additional clarity has been provided to address some points of the confusion in the 2010 version. Karen Groff wrote a piece designed to help the industry absorb this information […]
The effects of the COVID-19 pandemic are being felt on both a personal and professional level, with some industries being more impacted than others. Those involved in the transportation of cargo, facilitation of customs clearance, or importation/exportation of goods are some of the hardest hit. Our thoughts are with you, your colleagues, your families and your businesses at this time. As your insurance advocate, we at Roanoke Trade want to help in any way we can and are fully prepared to advise and assist you during this difficult time. We are reaching out to all of our clients to […]
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