Import Export Customs Compliance and Trade News

Trade and customs compliance and regulation news that affect import, export, transportation, logistics, and supply-chain industry and how you do business.
Charles Moser

Rise of Free Trade Agreements Poses Specific Challenges

Companies that export goods to multiple countries must deal with mounting number of pacts.  ARTICLE BY SUSAN KELLY   Global trade is expected to grow by leaps and bounds in coming years. What’s already growing rapidly is the number of free trade agreements that companies have to keep track of when they’re importing or exporting goods. There are more than 500 free trade agreements, and William Methenitis, global director of customs and international trade at...
Continue reading
  3082 Hits
  0 Comments
Denise Valles

Customs Broker License Examination Notice October 2013

This notice announces that U.S. Customs and Border Protection (CBP) will conduct the Customs Broker License Examination on Wednesday, October 7, 2013.  To better accommodate applicants desiring to take the October 2013 broker examination, CBP has automated the CBP Form 3124E, “Application for Customs Broker License Exam” and the payment and collection of $200 examination fee process. Applicants can apply and pay the applicable fee  ($200) any time on-line. Applications must be submitted by Monday,...
Continue reading
  6342 Hits
  3 Comments
Denise Valles

CBP opens registration for October 2013 Customs Brokers License Examination

U.S. Customs and Border Protection has announced 2013 Notice of Examination The exam will be held on Monday, October 7, 2013. Applications should be submitted online with required payment of $200.  To register visit the following link: http://1.usa.gov/164tYWh  For more details on the exam, download the following  Official Announcement Notice of Examination for October 2013  or visit  CBP.gov  for more information. Global Training Center offers a customized and interactive course to help you in preparing...
Continue reading
  5034 Hits
  0 Comments
LillyS

Why Consider Letters of Credit Seminar?

As we see our exports increasing, our international accounts receivable balances are increasing too. Many exporters fear the many mysteries and risks associated with selling their goods to foreign buyers, including those mysterious international banks. How do we insure that we will receive payment for all of those shipments? How can we get paid faster and with lower bank fees? Just what is the difference between a Documentary Collection and a Documentary Credit? Is a...
Continue reading
  9575 Hits
  0 Comments
John Goodrich

CBP Proposes Broker Continuing Education Requirement

CBP announced on May 2nd, that it is proposing a continuing education requirement for licensed customhouse brokers. Active brokers will be required to undertake 40 hours of continuing education during a 3-year period. CBP is committed to ensuring that educational options exist that are low-cost and do not require travel. While classroom training such as GTC's will apply, CBP is also proposing that webinars, prerecorded training and participation in CBP or industry symposia and conferences...
Continue reading
  4220 Hits
  0 Comments