How Do Import Bonds Work?

Managing Customs Bond Sufficiency in a Chaotic Trade Climate

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 […]

Situation In Q4, BSI recorded a significant uptick in rail thefts in North America, especially in the United States, in the Los Angeles area along trail lines, and near the port. In Q4, the rail modality accounted for 6.7 percent of recorded cargo theft incidents in the United States. While this is a significant jump […]

Roanoke is pleased to share that Matt Zehner, Vice President of Surety Information and Analysis, has been appointed to the 16th term of the Commercial Customs Operations Advisory Committee (COAC). Matt has been with Roanoke since 2002 and is involved with many facets of Roanoke’s surety product line, which involves monitoring current events for changes […]

A Review of Cargo Crime in 2021

In 2021, the evolving supply chain landscape, characterized by a pandemic, an opening up of the economy, and shifting cargo crime, cumulatively forced companies to solidify their ability to adapt to new challenges. As goods travel through global trade hubs, like Los Angeles and Yantian, they are susceptible to a variety of cargo crime risks, […]

As of May 1, 2022, Vietnam has become the seventy-ninth member country to accept ATA Carnets for the temporary, duty-and tax-free importation of various types of goods, per an announcement provided by the United States Council for International Business (USCIB). USCIB Senior Vice President and Chief Financial Officer Declan Daly, said, “ATA Carnets will allow American […]

Cargo thieves are poised to strike as you look forward to relaxing by the lake or beach during the upcoming Memorial Day weekend. Cargo theft increases during extended holiday weekends because cargo is typically left unattended for longer periods. However, you can stay ahead of these opportunistic thieves and reduce exposure by following these best […]

By Sergio Laos, ARM, CMIP Companies involved in the logistics and supply chain industries are all too familiar with the disruption and damage hurricanes cause, including damage to their facilities, equipment, and to a client’s cargo. You cannot control where a storm may land, but you can control the financial impact to your business. Hurricane […]

In the absence of shipper’s interest cargo insurance to protect the cargo owner against financial loss, carrier’s liability is all that remains, and cargo owners are often disappointed by the all-too-common misconception that the carrier will fully cover their loss. They might even ask the logistics service provider, “They’re going to pay for this, right?” […]

An import bond is more than a simple commodity. Choosing the right customs surety bond provider can add stability and certainty to your business as well as the flow of your import clients’ goods. Properly vetting your customs bond provider and the surety company they represent will help you deliver on your client’s service expectations. […]

In the world of customs brokerage, the only constant is change, and these fresh challenges always keep things interesting! Let’s get together and catch up on the issues that will help you successfully navigate the road ahead! Join our expert presenters Colleen Clarke, Jennifer Rome and Patrice Lafayette on March 29th at 1pm CDT for an […]