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The eCTB & eSTB Process & How it will work While the large majority of brokers are not utilizing ACE today or they are only using it for a small percentage of their entries, eBond will affect all brokers when it comes to Continuous Bonds on January 3, 2015. The process will be simpler; new Continuous bonds can be filed electronically by the surety and will be on file almost immediately. This will eliminate the waiting period for CBP’s processing time. Since importer names and addresses will not be transmitted on the new eCTB, address and name change riders will […]
Per the December 11 CSMS message, effective January 10, 2015 CBP will no longer accept ISF Submission Types 5 (Late ISF-10 – No Bond) and 6 (Late ISF-5 – No Bond). It is no secret that CBP had always intended these provisions for acceptance of late ISFs without bonds to be temporary and available to importers on a one-time-only basis. Some may be inclined to wonder if this announcement could also signal CBP intentions to step up ISF Liquidated Damage enforcement in general. In this regard, also note previous statements by CBP that the current “three strikes limited LD enforcement […]
This ‘Learn then Lunch’ seminar will discuss the upcoming January 3, 2015 eBond deployment. The panel discussion, moderated by Matthew Brauner, President, Brauner International will contain the following topics: The History Behind eBond: An Overview and Underwriting presented by Jason Weiselman, National Account Manager, International Bond and Marine The Workflow Process: How the information flow works between the surety, CBP and the filer presented by Colleen Clarke, Vice President, Roanoke Trade The Benefits of eBond: What is means to the Customs Broker presented by Wanda Sample, Regional Vice President, Avalon Risk Management Also present to answer your questions are: Scott Rockower, GMS International, […]
IMO Mandates Weighing Loaded Containers Before Boarding The International Maritime Organization says loaded containers will have to be weighed before being boarded onto ships for sea transport. The determination was made by the IMO Maritime Safety Committee at its November 17-21, 2014, meeting in London and becomes effective June 1, 2016. The verified weight of containers can be determined either by weighing the loaded container at an approved weigh station or by compiling the weights of individual items and adding their total combined weight to the net weight of the empty container. Dunnage would also have to be weighed. Incorrect […]
Turn Vague Risk Concepts into Actionable Plans Often we hear of risk management plans, but that broad concept can produce vague, theoretical documents that are filed away and overtaken by operational events. Instead of wasting time and money on an unused document, why not create a clear, actionable plan? The U.S. Customs and Border Protection Agency’s recent Five-Step Risk Assessment highlights the three main components that of a quality loss-reduction effort. Risk Assessment Threat Assessment Vulnerabilities Assessment By strengthening these three legs of your loss-control program, all companies in the shipping business can design and implement measures to reduce losses […]
To assist the trade in following the new eBond rules to take effect on January 3, 2015, Roanoke has compiled a flyer to clear up the confusion. As an advocate for the international trade community, Roanoke strives to keep eBond simplified!
Solutions that Go the Distance.
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