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U.S. Customs and Border Protection (CBP) has a new internal document that depicts and sets forth their graduated enforcement strategy for the Importer Security Filing (ISF). While the document will not be published CBP has offered a verbal overview of the content. For further information please read my most recent article on ISF by following this link: www.tradeinnovations.com
Thursday, January 28, 2010
Tuesday, January 26, 2010
Importer Security Filing (ISF) Talking Points
U.S. Customs & Border Protection's (CBP's) Dallas Field Office issued a document called Importer Security Filing Talking Points. This document is as close as we have seen CBP come to putting their escalated enforcement plan in writing. To download a full Adobe copy of this document please visit the Trade Innovations, Inc. web site at http://www.tradeinnovations.com.
Thursday, January 21, 2010
Importer Security Filing (ISF) No Enforcement Delay
The rumors of a delay in the enforcement of U.S. Customs and Border Protection’s (CBP’s) new Importer Security Filing (ISF 10+2) CBP are running rampant in the industry. Contrary to this belief, CBP will move forward as announced at the Trade Symposium in December with the first phase of ISF enforcement on January 26, 2010.
CBP plans to deploy a graduated or escalated enforcement strategy first dealing with consignments arriving on U.S. shores without having had an ISF filed. According to well-placed sources at CBP, there will be no monetary penalties issued during this first phase which is anticipated to last for three (3) months.
So, beginning on Tuesday of next week CBP will detain or otherwise delay the release of imported maritime cargo arriving in the U.S. without having had an ISF filed against it. This strategy is consistent with their reasonable informed compliance approach.
Importers who are currently filing or just beginning to file their ISF’s have, at a minimum, a three-month reprieve before they can expect the penalty notices for untimely or inaccurate ISF’s to start arriving. Instead of penalty notices however, CBP indicated that importers with these issues may start receiving Warning Letters from CBP.
For more information on ISF please visit TRG Direct at www.trgdirect.com or Trade Innovations at www.tradeinnovations.com.
CBP plans to deploy a graduated or escalated enforcement strategy first dealing with consignments arriving on U.S. shores without having had an ISF filed. According to well-placed sources at CBP, there will be no monetary penalties issued during this first phase which is anticipated to last for three (3) months.
So, beginning on Tuesday of next week CBP will detain or otherwise delay the release of imported maritime cargo arriving in the U.S. without having had an ISF filed against it. This strategy is consistent with their reasonable informed compliance approach.
Importers who are currently filing or just beginning to file their ISF’s have, at a minimum, a three-month reprieve before they can expect the penalty notices for untimely or inaccurate ISF’s to start arriving. Instead of penalty notices however, CBP indicated that importers with these issues may start receiving Warning Letters from CBP.
For more information on ISF please visit TRG Direct at www.trgdirect.com or Trade Innovations at www.tradeinnovations.com.
Tuesday, January 19, 2010
Importer Security Filing (ISF) One Week to Enforcement
If you or your company has ocean borne (maritime) cargo bound for the United States, you have exactly one (1) week from today to begin filing and complying with U.S. Customs & Border Protection’s (CBP’s) new Importer Security Filing (ISF) requirement.
The new rule and regulation has been in place since January 26, 2009, in an “unenforced” phase-in mode. On January 26, 2010, one week from today, CBP will begin aggressively enforcing the new rule and all cargo in the maritime domain will require that an ISF be filed no later than 24 hours before the vessel departure at origin. CBP has been adamant that ocean consignments arriving after January 26, 2010, without an ISF having been filed will be detained or otherwise delayed and could also be subject to a penalty of $5,000 per shipment.
If you are just getting around to establishing your ISF program, I highly recommend you consider TRG Direct (www.trgdirect.com). They are the preeminent ISF experts and can not only help you innovatively design your program, but can have your company direct-filing their ISF’s in 24 hours or less. Leveraging all of the functionality in TRG Direct’s highly intuitive completely web based system it will literally take seconds for you to file an ISF. TRG Direct’s best-in-class ISF solution is flexible and allows you or other designees to sign-on anywhere there’s an Internet connection 24 hours a day, 7 days a week. By direct-filing your ISF’s your company will benefit from added control, increased supply chain visibility and you’ll save up to 90% off of standard market rates.
The new rule and regulation has been in place since January 26, 2009, in an “unenforced” phase-in mode. On January 26, 2010, one week from today, CBP will begin aggressively enforcing the new rule and all cargo in the maritime domain will require that an ISF be filed no later than 24 hours before the vessel departure at origin. CBP has been adamant that ocean consignments arriving after January 26, 2010, without an ISF having been filed will be detained or otherwise delayed and could also be subject to a penalty of $5,000 per shipment.
If you are just getting around to establishing your ISF program, I highly recommend you consider TRG Direct (www.trgdirect.com). They are the preeminent ISF experts and can not only help you innovatively design your program, but can have your company direct-filing their ISF’s in 24 hours or less. Leveraging all of the functionality in TRG Direct’s highly intuitive completely web based system it will literally take seconds for you to file an ISF. TRG Direct’s best-in-class ISF solution is flexible and allows you or other designees to sign-on anywhere there’s an Internet connection 24 hours a day, 7 days a week. By direct-filing your ISF’s your company will benefit from added control, increased supply chain visibility and you’ll save up to 90% off of standard market rates.
Saturday, January 16, 2010
Importer Security Filing (ISF) Day of Reckoning Nears
With a matter of days to go before US Customs & Border Protection (CBP) begins full enforcement of the Importer Security Filing (ISF) I am busy crafting an article for the International Business Training (http://www.i-b-t.net/) before the clock strikes twelve on January 26th. It is currently being edited into final form and will be published shortly on IBT's site, the Trade Innovations web site (http://www.tradeinnovations.com) and on this Blog.
I am an ardent and passionate supporter of the concept of importers direct-filing their ISF's. As such we suggest that you check out TRG Direct (http:www.trgdirect.com). By preparing and filing the ISF yourself, your company can gain greater control, enhance visibility and most importantly save up to 90% off the rates charged by customs brokers and forwarders. Using all system functionality you can literally get the process of filing an ISF down to seconds.
Check them out, the system is fully web based, easy to use and highly cost effective for filing ISF's. TRG Direct is your one-stop shop for ISF, they're experts and can have your company up and running in 24 hours. Their clients have been filing ISF's since day one and their system is widely hailed as best-in-class. Visit TRG Direct at www.trgdirect.com or Trade Innovations at www.tradeinnovations.com for further information.
I am an ardent and passionate supporter of the concept of importers direct-filing their ISF's. As such we suggest that you check out TRG Direct (http:www.trgdirect.com). By preparing and filing the ISF yourself, your company can gain greater control, enhance visibility and most importantly save up to 90% off the rates charged by customs brokers and forwarders. Using all system functionality you can literally get the process of filing an ISF down to seconds.
Check them out, the system is fully web based, easy to use and highly cost effective for filing ISF's. TRG Direct is your one-stop shop for ISF, they're experts and can have your company up and running in 24 hours. Their clients have been filing ISF's since day one and their system is widely hailed as best-in-class. Visit TRG Direct at www.trgdirect.com or Trade Innovations at www.tradeinnovations.com for further information.
Welcome...
Hello, thanks for stopping by to the Trade Innovations Speaks Blog where my business partner Kelby Woodard and I will espouse and otherwise share our opinions on the many facets of our industry. We hope that you find this Blog and the postings contained herein useful, informative and entertaining.
Best Regards,
Mike Laden and Kelby Woodard
Trade Innovations, Inc.
Visit our web site at www.tradeinnovations.com
Best Regards,
Mike Laden and Kelby Woodard
Trade Innovations, Inc.
Visit our web site at www.tradeinnovations.com
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