Customs Regulations

Customs Regulations

In the years since the Sept. 11 terrorist attacks, perhaps no government agency has evolved as much as US Customs and Border Protection (CBP). 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 a risk standpoint, a faster liquidation timeline can be very important to both the importer and the surety.

News & Analysis

10 May 2019
US imports of goods that left China prior to Friday’s increase of tariffs from 10 percent to 25 percent may be able to enter the country at the lower duty rate under certain circumstances.
01 May 2019
US importers paying tariffs might have some remedies at their disposal to limit their financial obligation, but many don’t know their options and are leaving valuable savings on the table.
16 Apr 2019
Customs services at Mexico’s largest port will be available round the clock under a plan that federal customs authorities are putting together to help move cargo through the port more quickly.
26 Feb 2019
Enforcement of a revamped customs program requiring carriers to electronically submit manifest data prior to arrival or departure at Indian ports had already been pushed back twice.
14 Feb 2019
Consolidation in the GTM software space and Maersk's purchase of customs broker Vandergrift are signs shippers want to more closely link logistics and compliance activities.
12 Feb 2019
The deal gives the company more trade compliance firepower to accelerate its evolution to an integrator able to provide deeper supply chain management to shippers.
31 Jan 2019
The Bangladesh government is introducing pre-arrival processing of import documents at ports in July.
Containers stacked at a port.
23 Jan 2019
The new rule is similar to 24-hour advanced manifest rule for US cargo and recent regulatory changes in China.
Port of Vancouver, Canada.
18 Jan 2019
For the new fee, the port promises timelier inspections and fewer detention and demurrage charges.
US Customs and Border Protection headquarters, Washington, DC.
16 Jan 2019
Nuisances are popping up that irk port authorities and customs brokers.
Container shipping.
09 Jan 2019
The United Kingdom is scheduled to leave the European Union on March 29 but is struggling to reach a deal on trade that would limit disruption.
Shanghai port.
07 Jan 2019
The Shenzhen port of Shekou has opened a consolidation center that will ease customs restrictions on China's growing LCL cargo imports.
US CBP Washington.
04 Jan 2019
Delays may occur if paperwork is flagged by a federal agency in which staffers are furloughed.
US CBP agent inspecting peppers at Red Hook Terminal, New York.
05 Dec 2018
Following complaints from at least 10 port members, the American Association of Port Authorities (AAPA) urged Customs to provide its reasoning for focusing on often “expensive, overbuilt” facilities — the resources for which the AAPA says can be better-allocated.
A short-sea container ship.
21 Nov 2018
The trial program applies to Bangladeshi goods transiting through the border checkpoint at Petrapole — known as a “land customs station (LCS)” — for transshipment via the ports of Kolkata and Nhava Sheva-JNPT.
20 Nov 2018
Trying to prepare for something as significant and as unclear as Britain's exit from the European Union is not easy for supply chains that only work with a clear understanding of what is required for each step of the logistics process.
06 Nov 2018
Sponsored: MSC's Laurent Audaz on addressing the problem of counterfeiting and smuggling, as well as other cargo declaration concerns.
Krishnapatnam Port.
01 Nov 2018
That impressive ease-of-doing-business performance, following a 30-spot improvement in the previous survey, has positioned India as the “top-ranked economy” in the South Asian region, according to the World Bank.
Containers at a port.
25 Oct 2018
The Chittagong Customs House Wednesday issued the handling notification, which was requested by the Chittagong Chambers of Commerce and Industry.
Logistics technology and global trade/shipping.
24 Oct 2018
Integration Point is one of the largest providers of trade compliance software — tools that allow global shippers to manage customs regulations across the world, but also to strategize around the use of free trade zones and other ways to reduce duty exposure.
Wastepaper stacked.
15 Oct 2018
Containerized exports of recyclables, first hit by China's Jan. 1 tightening of environmental restrictions, were dealt another shot by the imposition of a 25 percent tariff in late August — something that will be felt in the months ahead.
US Customs House, New York, NY.
13 Aug 2018
Importers may be unaware that they need to increase the level of the bond they must maintain with US Customs and Border Protection for duties due to be paid over a 12-month period.
MSC at DP World Nava Sheva India Gateway
31 Jul 2018
The new regulations require carriers to complete their advanced manifest submissions considerably prior to the vessel’s arrival or departure.
Allcargo Group's container freight station at Chennai.
28 Jun 2018
Authorities have asked stakeholders to examine a proposed fast-track/streamlined last-mile/last touch logistics plan for inland container depots — dubbed “direct inland delivery” — which they believe will prove to be another major boon for hinterland shippers.
St. Petersburg.
21 Jun 2018
The new community, approved by the Russian Federal Anti-Monopoly Service and the Federal Customs Service, will work to speed port operations and and decrease shipper costs.
Container ship near the Port of Newcastle, Australia.
15 Jun 2018
China Merchants’ purchase of a stake in the Port of Newcastle, Australia’s largest east coast port, would be its first in Oceania. However, the dealoccurs at a time of increased political and trade tension between the strong-performing Asian economies.
US Customs House, New York, NY.
11 Jun 2018
Shippers are struggling with how to leverage e-commerce channels profitably, but the US Customs and Border Protection service is struggling similarly with regulating the sheer number of shipments crossing borders, especially since many of them now qualify under the $800 duty-free de minimis level.
Port of Shanghai Yangshan deepwater port.
31 May 2018
Starting Friday, China Customs will require manifest submissions 24 hours prior to loading, or risk missing the intended sailing. One supply chain director called the order nothing new, but another called it a non-tariff barrier deployed mainly against the United States, but also Europe.