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We received notification from USCIB that there are new procedures for hand-carried diamonds entering Israel on an ATA Carnet, effective January 15, 2015. However, the instructions provided in handling the ATA Carnet validation and the merchandise are unclear. In the meantime, the Israeli guaranteeing association is checking with their authorities and we hope to receive clarification as soon as possible. Until further notification please be advised that the following is what USCIB understands to be the new procedures: 1. Prior to the departure from the U.S., the ATA Carnet Holder must first appoint and schedule a meeting with an authorized Secured […]
Freight Contracts Modified to Meet Ebola Exposure Trade associations within the shipping industry are changing their freight contracts to lower loss exposure for companies transporting cargo or traveling to countries affected by Ebola. The new contracts are designed to protect crews from contracting the virus and can lead to rerouting, delays and quarantines in port. Intertanko, an association whose members own most of the global tanker fleet, has implemented an Ebola clause in its contracts stipulating its members’ ships will seek alterative ports of call should a risk to the health of the crew be identified. Charterers would be liable […]
CBP has confirmed that emailing of bond images will not be necessary for any ISF single transaction bond (“Appendix D Bond”) filed as an eBond. That means that for any ISF STB that you create in FastBond™, the process has just become easier for you. Because the ISF number must still be included on an ISF STB, there remain two steps to create the bond. As before, you first enter the basic bond information in FastBond™ to obtain a surety reference number to transmit to CBP with the ISF. You then go back into FastBond™ to insert the ISF number […]
On Sunday, Roanoke was one of the first sureties to submit an eBond through FastBond™! We now welcome you to use FastBond™ to process your first-ever eBond! Key points for getting started: Read the latest CBP Policies and Procedures for eBond. These are the procedures of record until further notice by CBP. Continue to use FastBond™ to issue your bonds and contact Roanoke to process riders and terminations. NEW: Look for the “My Issuing Authority” link on the left bar of the FastBond™ Issue Bond screen; notice that expanded authority on STBs for foreign principals has been provided. We will also be conducting an eBond webinar tomorrow at 1:00 PM CST. […]
Self-Driving Trucks Shift Cargo Strategy If you plan to be in business in 15 years, you need to start planning for the impact of self-driving trucks. The goal of this high-tech industry is to reduce fuel consumption and emissions while increasing highway safety. As the technology evolves, more driverless functions, or driver-assist add-ons, will be installed in commercial vehicles until finally—estimates are 2025 or so—truly driverless trucks will be road ready. “Wireless platooning” is one advancement that could roll out soon in a pilot phase. Platooned trucks drive in tandem, one following at a pre-set, but very close, distance using […]
Limiting cross-border friction is increasingly vital to smooth the flow of trade and boost competitiveness for all business, especially for small and medium sized businesses and emerging industry sectors. This conference brings business, government, international organizations and operational customs and trade experts together from the world over for an important dialogue on the most effective means to ease the movement of goods and services between countries along supply chains. Executive Vice President Karen Groff and Vice President, ATA Carnet will represent Roanoke Insurance Group at the upcoming event.
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