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

The most challenging of regulations under the Food Safety Modernization Act — the Foreign Supplier Verification Program — takes effect on May 30. Are you ready?

News & Analysis

08 Jun 2017
While port operations are largely normal, cross-border trucking is still heavily impacted.
05 Jun 2017
Customs estimates that with quicker clearance, logistics costs per container have been reduced by more than half.
01 Jun 2017
The establishment of centers to process electronic customs declarations filed via Russia’s single window should speed up cargo clearance and reduce corruption.
23 May 2017
The existence of a border wall wouldn’t impede trade facilitation, except that it would cost a great deal of money that might not be available for hiring new Customs officers.
22 May 2017
The US agency charged with clearing goods at the border lacks sufficient staff to handle the growing flow, and the price of related delays are costing the United States as much as $5.8 billion a year, according to a report by the US Congress Joint Economic Committee.
10 May 2017
JNPT's program to ease congestion and lower logistics costs had its best month ever in April.
11 Apr 2017
The new center for e-customs clearance in the Russian northwest is located 37 from Russia’s busiest container port.
10 Apr 2017
The Tokyo-based company has lost 8.9 percent of its value.
05 Apr 2017
US Customs and Border Protection is chipping away at unfinished parts of its omnibus Automated Commercial Environment system for electronic document filing.
03 Apr 2017
The project is tied to CBP's still-incomplete Automated Commercial Environment.