Effective October 1, 2014, LA/LB Seaport to Modify Enforcement Posture on ISF No-File Shipments

As part of our ongoing efforts to provide the tools and resources you need to successfully manage a compliant Customs Bond Program, we offer the following answers to your most frequently asked questions. The following information reveals some of the most common reasons why eBonds are rejected by CBP and solutions on how these issues can be resolved. [table id=15 /] If you have a question you’d like answered and it’s not addressed above, please submit it to infospot@roanokegroup.com.

For non-vessel-operating common carriers (NVOCCs), compliance with the Federal Maritime Commission (FMC) isn’t optional—it’s the foundation of doing business legally and avoiding steep penalties. During our recent webinar, Avoid Costly FMC Penalties, industry expert Mauricio Larenas of AP Tariffs reminded participants that compliance begins with a simple but critical question: does your business qualify as an NVOCC? Who Qualifies as an NVOCC? According to the FMC, any company that offers ocean shipping services is considered an NVOCC. That definition is broad—so broad that even a small storefront advertising “Ship to Colombia for $50” or a Facebook post offering to move […]

Written by Colleen Clarke, SVP, Surety Trade Relations and Business Development Driven by the onset of the trade remedy tariffs in Spring 2018, duties owed on imported goods more than doubled and continue to grow, especially due to by additional duties on goods imported from China. A Surge in Duties, Taxes, and Fees According to Customs and Border Protection’s (CBP) Trade Statistics, the total amount of duties, taxes and fees collected in FY 2023 was $92.3 billion.  This was a 17.46% decrease from FY 2022, however the amount of duties, taxes and fees increased over 220% compared to FY 2018.  […]