Customs Regulations

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

From trade deals with Europe and Asia to the situation in Iran, there are any number of pressing international issues, but the one on every U.S. trader’s mind right now is ACE. Unless you’ve been living on a remote island with no connection to the outside world, you know Customs and Border Protection set Nov. 1 as the deadline by which all entries and cargo releases must be filed in its latest computer system, the Automated Commercial Environment.

News & Analysis

28 Aug 2015
ST. PETERSBURG — The Russian government said it’s cracking down on port and customs corruption by dismissing several St.
17 Aug 2015
U.S. Customs and Border Protection says its November deadline for the ACE "single window" program stands, even though smaller federal agencies have already said they won’t be ready in time and larger ones are lagging behind.
11 Aug 2015
Customs broker A.N. Deringer is billing its new less-than-containerload service from Hong Kong to Toronto as faster than via U.S. West Coast offerings, and free of U.S. harbor maintenance taxes and customs paperwork.
01 Jul 2015
Some U.S. shippers are urging U.S. Customs and Border Protection to push back its Nov. 1 deadline for its new "single window" program, saying they're running out of time and more internal agency checks are needed.
22 Jun 2015
Kenya is set to introduce a national single window system to streamline importing and exporting processes, ahead of trade powerhouses such as the U.S.
11 Jun 2015
U.S. shippers are set to regain access to duty-free imports from developing countries after Congress renewed the country’s Generalized System of Preferences program.
09 Jun 2015
It’s been more than a decade in the making, but the Mexican government has finally cleared a hurdle that prevents U.S. Customs and Border Protection agents from pre-clearing cargo south of the border.
09 Jun 2015
Alberta manufacturers and retailers can improve their cash flow by getting their factories and distribution centers designated within two newly-establish free trade zones.
20 Mar 2015
Near-unprecedented congestion in Virginia has prompted the state port authority there to reach out to U.S. Customs and Border Protection for permission to pay overtime for customs officers working extended operating hours.