Customs Services

Major trading partners, the U.S. and Canada share a border where billions of dollars in goods and services are traded annually. In 2019, U.S. goods and services trade with Canada reached about $718.4 billion—including $360.4 billion in exports (from Canada) and $358 billion in imports (to Canada). As the U.S.’...

Focused on modernizing, streamlining, and transforming the way shipments are imported into Canada, the Canada Border Services Agency (CBSA) is heading up a multi-year project that will change the way duties and taxes are collected on imported goods. Known as the CBSA Assessment and Revenue Management (CARM) project, its core...

When COVID-19 prompted cities and states to lockdown and shutter businesses in March, the long-term impacts on the warehousing industry were largely unknown at the time. Dealing with a downward trend in inventory-to-sales ratios that started in the early-1990s, the U.S. warehousing sector probably couldn’t predict what would happen next....

It doesn’t take a global pandemic to turn a supply chain on end, but as many companies learned in early-2020, such an event can have major impacts on a company’s ability to operate normally. Be it a trade war, a geopolitical event like Brexit, or a natural disaster, supply chains...

On July 1, 2020 the 26-year old North American Free Trade Agreement (NAFTA) was replaced by the Canada-United States-Mexico Agreement (CUSMA), the United States-Mexico-Canada Agreement (USMCA), and Tratado entre México, Estados Unidos y Canadá (T-MEC). Under discussion for several years, this new trade deal introduces new regulations and regulatory amendments...

As the world’s third-largest economy, Japan is the fourth-largest U.S. trade partner, fourth-largest U.S. investment partner, and largest foreign holder of U.S. government debt. An economic powerhouse, Japan has enjoyed a healthy, bilateral trade relationship with the U.S. Now, thanks to a new trade agreement, those bonds may strengthen even...

With Canada's new Single Window Initiative, clearing customs might get easier. But first, be prepared to provide import data a lot sooner … and a lot more of it! Single Window Initiative, or SWI, is a Canada Border Services Agency (CBSA) program designed to standardize, modernize and streamline importing goods...

Shippers using Foreign Trade Zones (FTZs) should be aware of one delay and the potential for additional GAO oversight  With 2,900 companies located in 186 different U.S. Foreign Trade Zones (FTZs), where 420,000 workers are employed and $85 billion in goods are exported annually from the U.S., use of these...

U.S. Customs and Border Protection (CBP) has extended the initial implementation of in-bond regulatory changes until July 2, 2018. Due to the six-month extension, CBP officers will continue to accept paper CBP Form 7512 and input the data on the trade’s behalf. On July 2, 2018, paper forms will no...