ATA Carnet Processing Fees Set to Increase in 2016

In an era where digital transformation is not just a buzzword but a necessity, Roanoke, in collaboration with Rock-it Global, has taken a monumental step forward. We are thrilled to announce our participation in the issuance of the first electronic ATA Carnet, also known as the e-ATA Carnet. This groundbreaking achievement, conducted in partnership with the United States Council for International Business (USCIB) and Rock-it Global, marks a significant milestone in the evolution of international trade and logistics. The e-ATA Carnet represents the digital future of international trade facilitation. As a digital alternative to the traditional paper carnet, it simplifies […]

By: Kelli Milianti, ATA Carnet Manager, Roanoke Insurance Group Inc. When shipping goods for temporary importation and re-exportation, businesses must select a form of security to meet customs requirements. Most often the cargo owner faces the choice between using an ATA Carnet with a carnet bond or a Temporary Import Bond (TIB). Each option has its advantages, but the ATA Carnet generally offers more streamlined benefits for international trade. Benefits of an ATA Carnet 1. Cost Savings: ATA Carnets eliminate duties and value-added taxes (VAT) when goods are re-exported within the validity period, reducing financial burdens[1][2][3]. 2. Simplified Customs Procedures: […]

By: Andrew Johnson, Account Executive, Roanoke Insurance Group Inc. The freight brokerage industry as we know it today began in the late 1970s and early 1980s, around the time of the Motor Carrier Act of 1980. Before the passage of this landmark legislation, regulations were too restrictive to make freight brokerage a viable business segment. Fast-forward to today, and most motor carriers, by authority definition, also have a freight brokerage operation. Freight brokerages fulfill a vital service in modern logistics, connecting independent carriers with loads and drastically reducing empty repositioning moves. Brokering also allows carriers to complement their assets by […]