Customs Regulations

In the years since the Sept. 11 terrorist attacks, perhaps no government agency has evolved as much as U.S. Customs and Border Protection. From port initiatives such as the Container Security Initiative to partnering with industry in the Customs-Trade Partnership Against Terrorism, CBP is now front-and-center on virtually every international company's radar screen. Failure to comply with CBT's myriad and seemingly ever-evolving regulations can cost a company millions of dollars in fines. Overseas, customs agencies can be even more of a bureaucratic minefield and corruption is rampant in many emerging markets. In an increasingly global marketplace, how companies cope with myriad customs regulations can spell the difference between success and failure in an international strategy.

Commentary

Consider the implications for a US-based business if legal documents, business communication, and advertising had to be translated into Swedish in Minnesota, Spanish in Arizona, and Dutch in Pennsylvania.

News & Analysis

15 Feb 2017
Strong trade compliance protocols and abilities are critical to success in e-commerce.
14 Feb 2017
Members of the Customs-Trade Partnership Against Terrorism account for over 54 percent, by value, of what is imported into the United States.
02 Feb 2017
A unified customs clearance system along the New Silk Road from China to Europe can address the major pain points on the route, a World Economic Forum director believes.
18 Jan 2017
The dispute – over pay, pensions, and working conditions – began in July 2016.
12 Jan 2017
US Customs and Border Protection has indefinitely postponed the rollout of several more functions of its troubled new electronic filing system.
09 Jan 2017
Drug smugglers are using new techniques to hide contraband among legal cargo at the port of Santos.
05 Jan 2017
More generous free time practices and easier customs processes in Baltic states is costing Russian ports cargo.
29 Dec 2016
Customs authorities at Jawaharlal Nehru Port Trust and shipping lines are in a dispute over the cause of delays in the port's direct port delivery services.
16 Dec 2016
Brazilian shippers stung by ongoing slowdowns by customs officers can take solace in the fact that when those officers decide to resume their duties as normal, shipments between Uruguay and Brazil will have less customs restrictions placed on them.
16 Dec 2016
Forwarders handling shipments bound for Canada must now submit electronic house bills of lading prior to arrival or face steep fines, which could translate to higher rates and delays for cross-border shippers.