News & Insights

The U.S. Council for International Business (USCIB), the U.S. appointed national guaranteeing association for ATA Carnets, announced that the ATA Carnet processing fees will increase on February 1, 2016. The new pricing structure increases the basic fee tiers from four to six, allowing for more fee options based on a wider variety of general list values. All other ATA Carnet related fees will not increase; this includes the cost to obtain additional sets of counterfoils and vouchers, as well as the continuation sheet pricing. Please click here for a full list of ATA Carnet fees. Please do not hesitate to […]

As many of you are aware, CBP has published amendments to Part 113 (bond provisions) of the Customs Regulations. The changes take effect on December 14, 2015. While the bulk of the revisions are of a minor/technical nature, the modified provision for time allowed to file a new continuous bond in response to an “insufficiency letter” issued by the Revenue Division is of immediate concern to importers, brokers, and sureties. The provision in question, 19 C.F.R. § 113.13(c), has been modified to read: “CBP will periodically review each bond on file to determine whether the bond is adequate to protect […]

The human tragedy unfolding in the Middle East has seen hundreds of thousands of Syrian refugees fleeing their country between January and September, making their way through Turkey onto Greece in the hopes of settling in Germany and other countries as Europe opened their borders and streamlined the process earlier this year. In addition, even more refugees have made their way into Europe from Iraq fleeing ISIS as well as from war-torn countries such as Afghanistan, Eritrea and Sudan. This crisis has now escalated to the point that many European governments are reinstating tighter border controls, which has not only […]

ATA Carnets are international customs documents that provide duty-free customs clearance for temporary imports/exports into over 100 countries. ATA Carnet simplifies temporary entry by eliminating the need to post a financial guarantee. Virtually all goods, whether hand-carried or cargo-shipped, may be covered by ATA Carnets. This ATA Carnet Fundamentals webinar will help you understand all the ins and outs of U.S. issued ATA Carnets, from best customs clearance practices to mitigating claims and avoiding compliance red flags! This complimentary webinar will take place on Thursday, December 10th 12:00PM – 1:00PM CT. Amanda Barlow, Vice President, ATA Carnet will present on […]

The Panama Canal’s $5.25 billion expansion, scheduled to open in April 2016, is expected to have a major impact on the global trade and shipping industry, specifically in the way in which cargo is handled and transported throughout North America. The expansion is set to accommodate a new generation of larger cargo ships, with America’s ports pouring billions into upgrades in anticipation of their arrival. The larger canal will accommodate a new line of Post-Panamax vessels — supertankers, container and passenger ships. According to the Washington Post, this new generation of vessels — which can hold upwards of 18,000 20-foot-equivalent […]