By Jim Trubits Many international buyers and sellers fail to recognize the positive financial outcomes that can be gained from a well thought out Incoterms strategy. Your methodology need not be complicated. It can be as simple as having a solid understanding of the role that risk plays in each Incoterms rule. Before expanding of…
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If my product is made in U.S., doesn't it automatically qualify for NAFTA/other free trade agreements? It is not a given that your product will meet one of the rules of origin that would allow it to qualify under a free trade agreement (FTA). Each FTA is designed to offer importer benefits for products that…
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Customs and Border Protection (CBP) recently announced a mutual recognition agreement has been enacted between Israel and the United States as of June 27th, 2014. A mutual recognition agreement between the United States’ C-TPAT program and another country—in this case Israel’s Authorized Economic Operator (AEO) program—certifies that the foreign customs program’s requirements and regulations are…
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Since its implementation in 2001, C-TPAT has historically been open to U.S importers. Customs & Border Protection has now released exporter eligibility requirements, meaning that U.S. exporters will have the opportunity to become C-TPAT certified. In order to become C-TPAT certified and start receiving C-TPAT benefits, exporters must do the following: Actively export out of…
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Holidays present logistics companies, manufacturers, and facilities with a difficult challenge: the closing of facilities for holiday vacations leave them highly vulnerable to theft. When facilities are shut down during this time, the risk of thieves accessing and stealing cargo increases greatly since facilities are left unattended. In order to prevent cargo loss and theft,…
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In February 2014 C-TPAT announced its recognition of a best practice implemented at the Port of Antwerp in Belgium, the second largest port in Europe. In order to close security gaps and increase port security, the Port of Antwerp instituted the Neighborhood Information Network (BIN). This program allows the anonymous reporting of information regarding suspicious…
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Jim Trubits, Vice President, will be speaking about export controls at the 2014 Upstate NY Trade Conference & Expo in Rochester, NY on June 19. Trubits will present A Beginner’s Guide to Export Compliance, which will touch on basic compliance issues for all exporters, including how to determine which export regulations (ITAR or EAR) apply…
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Determining the price actually paid or payable for your Customs entry can be quite tricky. Transaction Value rules, pursuant to 19 USC 1401a(b), place responsibility on the importer to exercise reasonable care and accurately provide Customs and Border Protection (CBP) with the proper declared value. It’s important to assure that all lawfully mandated payments (additions)…
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In order to ensure that Partners are compliant with U.S immigration law, C-TPAT requires the use of E-Verify to certify all employees’ eligibility status to work in the United States. Read Customs & Border Protection’s bulletin regarding this requirement here: http://www.cbp.gov/sites/default/files/documents/bullentin_feb14.pdf This system compares completed Form I-9s with data from the U.S. Department of Homeland…
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Is your company still on the fence about participating in Customs-Trade Partnership Against Terrorism (C-TPAT)? Are the benefits of 3.5 to 5 times fewer inspections, access to FAST lanes, securing your supply chain (and hence, your reputation), plus the opportunity to participate in other U.S. Customs & Border Protection programs not enough of an enticement?…
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