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The Growth of FTZ Operators In a recent report by the U.S. Foreign Trade Zones Board, the value of exports from America’s Foreign Trade Zones (FTZs) increased by 13.7% in 2013, to a record-high of $79.5 billion* in merchandise shipped to overseas markets. In addition, the 2013 value of received merchandise into FTZs also topped the previous year’s record of $732.2 billion, reaching $835.8 billion – a 14.1% increase. Furthermore, according to the group’s Annual Report to Congress, nearly two-thirds of the merchandise received by FTZs in 2013 was domestically sourced, with the value of domestic status inputs growing to […]
Nearly 30 years ago, Roanoke was one of the first in the industry to suggest an electronic customs bond (eBond). Over the last several years, we have worked long and hard alongside with Customs and Border Protection (CPB), customs brokers, software vendors and other sureties to develop the concept of eBond. The first day of eBond data transmission testing opened on September 3rd with CBP, and we sent the very first successful data transmission! We know that there will still be many hurdles to cross with the implementation of eBond, but it feels good to be first, and to be a leader in […]
FastBond™ is a highly advanced and flexible tool providing customs brokers unprecedented control over your work flow and timing of critical information. Using FastBond™ increases efficiencies, reduces potential data errors during the issuing process and ultimately supports client retention. FastBond™ features now include enhanced management reporting options: Comprehensive filer code reports for entries and claims Management level access designed for managers who oversee the bond issuance process On demand standard system reports for entries, liquidated damages and increased duty bills Scheduled reports to your specifications
CBP is hosting another technical session for ACE software developers on Thursday, October 9th in Washington, DC. These sessions are provided for software developers, CBP, Partnering Government Agencies (PGAs) and the trade. Topics for this session will include operational and technical changes related to Entry Summary Accounts and Revenue (ESAR), Cargo Release (including the PGA Message Set), Export Manifest Processing and eBond. Additional information about the event can be found under CSMS# 14-000450. Roanoke will be represented by Pat Olsen, Jennifer Rome and Matt Zehner. We hope to see you there!
Nearly 30 years ago, Roanoke was one of the first in the industry to suggest an electronic customs bond (eBond). Over the last several years, we have worked long and hard alongside with Customs and Border Protection (CPB), customs brokers, software vendors and other sureties to develop the concept of eBond. The first day of eBond data transmission testing opened on September 3rd with CBP, and we sent the very first successful data transmission! We know that there will still be many hurdles to cross with the implementation of eBond, but it feels good to be first, and to be a leader in […]
The annual NCBFAA Government Affairs Conference (GAC), taking place September 14th through the 16th in Washington, DC, provides those attending with the opportunity to learn about timely and critically important industry changes directly from the influential players involved as well as making their voices heard while explaining the industry’s pressing challenges to their Senators and Congressional Representatives. Roanoke will be represented at this important event by Dick Councill, Dave Jordan and Colleen Clarke. We hope to see you there!
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