10+2 Importer Security Filing

Trade Risk Guaranty (TRG) Loyalty Program Offers Customs Bond Holders New Courtesy Services & Discounts

2011-06-16T13:40:00.000-07:00

With the purchase of a US Customs Import Bond, Trade Risk Guaranty automatically enrolls the customer in TRG’s Loyalty Rewards program. Customers can take advantage of TRG staff’s bond assistance and the special rewards included in the Loyalty Rewards program

Bozeman, MT, March 25, 2011 — TRG recently implemented a Loyalty Rewards program within the company. The new program provides customers with additional resources that they can take advantage of such as in-house claims assistance and online reporting. In addition, the Loyalty Rewards program offers customers specialty rewards such as co-principle filing and net worth discounts.

Last week, Trade Risk Guaranty released the company’s monthly article called the TRG Trade Spotlight that featured one of the benefits of the Loyalty Rewards program. The topic of the article was Manifest Confidentiality, and it informed customers on how to keep their company’s import data from going public. Manifest data security assistance is one of the benefits a customer receives when enrolled in the Loyalty Rewards program. If you would like to receive the TRG Trade Spotlight, visit http://traderiskguaranty.com/NewsLetterSignUp.aspx to sign up today.

Kathryn Shaw, TRG’s Marketing Analyst, says that the new Loyalty Rewards program will be incredibly beneficial to TRG clients. “We have seen some great feedback from customers who have recently received our monthly article informing them how to keep their company’s import data from going public,” Shaw said, “and that is just one of the benefits customers receive with the Loyalty Rewards program.”

The Loyalty Rewards Program was designed to help customers see the benefits of choosing TRG for the placement of their US Customs import bond. If you would like to learn more about Trade Risk Guaranty’s Loyalty Rewards program, visit http://traderiskguaranty.com/loyalty.aspx

About TRG:
TRG is an import solutions provider marketing its products directly to the importer. These products include U.S. Customs import bonds, shipping insurance (freight insurance) and direct filing of U.S. Customs entries and Importer Security Filing. Trade Risk Guaranty (TRG) Brokerage Services LLC is a licensed insurance agency, having agency agreements with Hanover Insurance Company of Worcester, Massachusetts, and Great American Insurance Company of Cincinnati, Ohio, both of which are insurance companies approved by the Department of the U.S. Treasury to issue U.S. Customs bonds.

Contact:
Kathryn Shaw
Trade Risk Guaranty (TRGO
406-922-6525
406-922-6501
kshaw@traderiskguaranty.com
www.traderiskguaranty.com

We are running a survey to see how we are doing, and we have received some amazing customer feedback!

2011-03-03T11:45:00.001-08:00

Here are some of the great customer comments we received, thanks to everyone who participated! We are lucky to have such terrific customers.

“Professional, good to deal with. I get the impression that I would be less likely to experience customs issues working with TRG than with other brokers. Good company and I think it is very cool that you relocated to Bozeman - good for you guys!”

“I was contacted by one of your people who explained the bond process to me and told me how I could save money with you and made the whole process easy. Very professional!”

“I had a lot of help with understanding what my company needs as a customs bond. The bond prices were excellent and will use TRG hopefully for years to come. Thanks.”

“Very happy with rate and coverage of our current bond. We have been with you several years and there has never been any problems.”

“I have found TRG to be helpful with any questions I ask. I also appreciate their website being user friendly.”

“What I love about renewing our custom’s bond with TRG is the friendly service, quick turn around and the wealth of knowledge the service team has. All questions are answered promptly. I was not sure how to change our physical address on the bond but all I had to do was to call TRG and they new the answers and guided me through it. Thanks”

“TRG’s staff is extremely knowledgeable and helpful. They always keep their customers well informed of new products and any issues with the current ones. They are a pleasure to work with. Our bond renewal is always flawless and they have made our transition to an ISF self-filer seamless! Thanks to them all!”

“TRG has provided me with one of the best customer experience. Fast and reliable service.”

“I’ve always had great experience in dealing with the TRG folks. They seem to be extremely customer-focused.”

“My experience with TRG has been most helpful to our company in that TRG was very knowledgeable and informative about bonds and how buying direct could and did save us money. Personable staff that knows how to market without being an annoying sales person just trying to make commission. Overall I am pleased with our relationship with TRG and look forward to making our business together better, stronger, safer and insured!”

Trade Risk Guaranty (TRG) Celebrates Blue Ribbon Cutting Event

2011-02-28T14:27:00.000-08:00

Trade Risk Guaranty (TRG) joined the Bozeman Chamber of Commerce in August, 2010 and celebrated their first Blue Ribbon Cutting event last week, February 10, 2011 at their Main Street office.

Bozeman, MT, February 28, 2011 — Trade Risk Guaranty (TRG) joined the Bozeman Chamber of Commerce and recently officialized their membership by hosting the company’s Blue Ribbon Cutting ceremony at TRG’s Main Street office in Bozeman, Montana. TRG is becoming very involved with the Chamber and all the services they offer. Members of the TRG staff regularly attend Chamber events such as business after hours where they have the opportunity to network with other Bozeman Chamber members and local business owners.

The Blue Ribbon Cutting ceremony consisted of the cutting of the ribbon along with a speech given by TRG founder John Michel followed by a letter from Senator Baucus presented by Brianne Dugan. TRG offered hors d’oeuvres and beverages to their guests during the social networking hour that concluded the event. In attendance for the Ribbon Cutting ceremony was the TRG staff, members of the Bozeman Chamber of Commerce, and local business owners from the Bozeman area.

This is just the beginning of TRG’s involvement with the Chamber of Commerce. The Chamber offers many great ways to become involved with the Bozeman community along with connecting with other local members of the Chamber and other Bozeman business owners. In addition, the Chamber offers some great resources in regards to marketing TRG to the community and aiding in the assistance of finding new members to join TRG’s ever-growing staff.

http://traderiskguaranty.com/Employment.aspx

Trade Risk Guaranty (TRG) Opens Second Location in Bozeman, Montana

2011-02-16T15:07:00.000-08:00

Trade Risk Guaranty (TRG) now has a second office located at 1822 W Lincoln in Bozeman, Montana. Due to the increased number of positions being offered within TRG, a second location was necessary in order to accommodate the company’s continued growth.

At the beginning of 2011, Trade Risk Guaranty (TRG) opened a new office. TRG’s second location was officially up and running on the 3rd of January and now offices the company’s marketing and administrative staff. TRG recently filled three new positions in their marketing department and needed more space for the increasing number of employees joining the TRG staff.

TRG has created a new position within the company for lead development growth. TRG is continuously searching for part-time employees to fill these positions. The company is putting a great deal of time and effort into targeting Montana State University (MSU) students to recruit for the Lead Developer positions. One of the ways that TRG is reaching out to MSU students and alumni is by attending the February 2011 MSU Career fair at the University.
http://traderiskguaranty.com/Employment.aspx

TRG’s original location on Main Street in Bozeman has now become primarily a sales office for the company. Along with all the new positions being filled at TRG’s second office, the Main Street office continues to look for full-time sales executives to join the sales team at their downtown office.

To ensure that the company continues to stay up-to-date on the activities and accomplishments happening in each department after the opening of the second office, the company has implemented a bi-monthly meeting that all TRG employees are encouraged to attend. The meeting focuses on bringing the staff together as a team and sharing their monthly goals along with participating in role playing exercises and welcoming new members to the TRG staff.

Kathryn Shaw, TRG’s Marketing Analyst, feels that the bi-monthly meetings help employees at TRG feel connected after the move to the new office. “TRG’s bi-monthly meetings are a great way for the entire staff to stay in touch and up-to-date with what is happening in the different departments of the company. It also allows us to have a chance to follow up with other TRG members and discuss each other’s monthly accomplishments and goals.”

About TRG:
TRG is an import solutions provider marketing its products directly to the importer. These products include U.S. Customs import bonds, shipping insurance (freight insurance) and direct filing of U.S. Customs entries and Importer Security Filing. Trade Risk Guaranty (TRG) Brokerage Services LLC is a licensed insurance agency, having agency agreements with Hanover Insurance Company of Worcester, Massachusetts, and Great American Insurance Company of Cincinnati, Ohio, both of which are insurance companies approved by the Department of the U.S. Treasury to issue U.S. Customs bonds.

5 Things to Know About Harmonized Tariff System (HTS) Classification

2011-02-15T13:08:00.000-08:00

1. HTS codes are a global tool. The World Customs Organization (WCO) maintains the Harmonized Tariff Description and Coding System (HTS). Over 170 countries participate in WCO’s HTS system. The first six digits of the HTS code identify all items in international trade and are the same for all countries that use the HTS. The last two or four digits are country specific; in the U.S. these last four digits provide the duty rate and balance of trade statistical reporting suffix for the imported goods.

2. As an importer, you are responsible for establishing the correct HTS classifications used on your import entries and/or ISF security filings. This is why it is important to establish that accurate information about your products is reported to CBP and to not completely rely on third parties to guess about your products to provide HTS classifications on your behalf. It is the importer’s responsibility to supply sufficient information about the imported goods so that a customs expert may determine the proper classifications of those goods.

3. You could be paying too much by using the wrong HTS code. The HTS is primarily a classification system to uniformly identify products and secondarily a tariff system on imported goods. Using the wrong HTS will result in an incorrect payment of duties whether too little or too much, this creates an issue for CBP in their revenue collection mission and may result in them issuing penalties for failure to provide correct and accurate information to CBP.

4. If you have been using the wrong HTS codes, it is not too late to fix your mistake and avoid costly fines. If you find out you have been using the wrong HTS code and have been paying too much or too little, you can file a Post-Entry Amendment (PEA) to pay any additional owed duties or to request a refund for overpayment. If the entry has already been liquidated (usually 315 days after entry), an administrative protest can be filed up to 180 days after liquidation of the entry.

HTS codes are not static. Worldwide the HTS is being updated and changed to allow for new product innovations and technology. In addition, governments are evaluating new revenue sources and seeking to balance their trade with other countries. In the U.S. when an HTS code is created, it has an expiration date to allow for updates. Because of this, it is important to constantly ensure that the codes you are using are valid. The correct classification of imported goods is an ongoing project, and the HTS codes used should be reviewed at minimum, on an annual basis.

TRG Launches Low-Cost Web-Based HTS Classification Tool for U.S. Importers

2010-12-21T13:30:00.000-08:00

TRG Classify™ is an online classification tool that allows you, the importer of record, to classify your good and attain the 6 and 10 digit tariff codes in a few quick and easy steps. To do this, TRG Classify consolidates your general product description by applying the tariff schedule’s “General Rules of Interpretation” to intuitively provide the user with the exact tariff number needed to calculate correct duties.

Bozeman, MT December 21, 2010

Law requires US importers to declare all products they import by means of the Harmonized Tariff Schedule (HTS) code. The process of identifying the HTS code assigned to a good is referred to as HTS classification. U.S. importers face many key challenges regarding the classification of their imported commodities. TRG Classify™ offers U.S. importers a web based in house solution that is both accurate, affordable, and time efficient. http://www.trgclassify.com

TRG Classify presents a resolution to the following classification problems importers deal with on a day-to-day basis:

□ Overpayment of Customs duty due to inaccurate classification
□ The importer of record’s legal liabilities associated with any misclassification of products even if the HTS Classification is done by a third party
□ Inability to identify business opportunities with countries offering preferential tariff arrangements
□ Shipments delayed at Customs because of improper or untimely product information
□ A need to meet government requirements to participate actively and use diligence in preparing Customs declarations

Designed specifically for the end user, TRG Classify™ takes any product description no matter how it is expressed and delivers the corresponding HTS code and duty rate. TRG is offering this service for a $2 per classification fee and no start up cost! It is available as a stand alone application or as an addition to the company’s Customs entry and ISF self-filing tool, TRG Direct™. http://www.trgclassify.com

About Trade Risk Guaranty (TRG)
Trade Risk Guaranty (TRG) is an import solutions provider. The company provides innovative products and services to companies involved in international trade. Since 1991, TRG has been the leader in providing U.S. Customs bonds direct to importers. The company has also developed a direct filing system, TRG Direct™, for importers to bring entry and Importer Security Filing clearance in-house. TRG also operates a cargo insurance division, TRG Marine™. TRG Marine™ constructs specialty all-risk insurance policies designed specifically for companies operating in a global environment.

Contact:

Jena Leary
TRG
Marketing Director
jleary@trgdirect.com
406-922-6553

TRG Is Hiring Lead Developer Positions

2010-11-17T13:33:00.000-08:00

Lead Developer: We will be hiring for this position in phases. The first two openings must be filled by January 10th. The next hiring phase will not be until May. Don’t miss this opportunity!

Position Description: A lead developer works to generate new leads for the sales team. Making 11 – 12 B2B calls per hour, a great lead developer is comfortable on the phone, highly organized and results driven. TRG’s Marketing Department is looking for two part-time lead developers to build the company database and ensure growth within the sales department for the coming years. Your day-to-day responsibilities will be to contact companies from a list of U.S. Importers, find the person in charge of the company’s U.S. Customs bond, and introduce TRG.

Requirements: TRG is accepting applications from competitive, motivated, self-starters who are able to communicate effectively over the phone. This is not a sales position but requires a high level of understanding of our products, which will be covered in training. The faster you learn the position, the faster your paycheck grows.

Compensation: The best part about this job is that it is offered with a base pay plus incentives. The harder and faster you work, the more money you will make. We want motivated people to join our team. Work for a company that rewards you for being forward thinking and incorporating your great ideas into your daily processes.

The base pay is $8/hour. Additional compensation is paid out monthly and dependent on your individual results.

Please send resumes and cover letters electronically to jleary@traderiskguaranty.com, or via mail to:

Jena Leary
TRG
140 East Main Street, Suite G
Bozeman, MT 59718

Import Bond Questions of the Day

2010-11-15T14:05:00.000-08:00

The following are questions that we received from a company interested in purchasing a $50,000US Import Bond with TRG. These are commonly asked questions we receive from companies that would like to learn more about TRG and the products we have to offer. Please feel free to add your own questions, we would love to hear from you.

Q: Do I understand correctly that if we decide to go with TRG Bond that we would pay only $750.00US for a 3 Year Import Bond and this would cover us for the next 3 years?

A: You are correct, if you do choose to go with TRG for the placement of your US Customs import bond the pricing will be $750 for 3 years which averages out to be $250 a year. There are no hidden fees. $750 would be all you would need to pay in order to renew your import bond for the next 3 years (2011-2013) with TRG.

Q: After the 3 year period, we would pay $395.00US per year to have our bond renewed yearly, correct? Or we could pay $895.00US for another 3 year period for our bond which would cover the years of 2014,2015, & 2016. Am I correct here, as well? I am being told by other companies to make sure that you really do mean that the price is a total of $750 for 3 years, which equals $250US per year, because they have heard from other clients that with Trade Risk Guaranty you pay $250 the first year, then $350 the second year, and then $750 for every year thereafter. I do not get this at all from what you have written to me and I hope this isn't true because it doesn't seem equitable and true at all by what is written.

A: If you were to choose to renew your bond with us for an additional 3 years the price would be $895, which equals $298.33 per year, and that would cover you for the next 3 years (2014-2016). The only difference between our promotional pricing for new customers and our standard pricing is the underwriting fee. We waive the underwriting fee for our new customers.

I am unsure as to where the companies you have spoken with have come to the conclusion that you pay $250 for the 1st year than $350 for the following year and so on. Let me assure you that our pricing does not work that way. If you choose to go with a 3 year bond you will ONLY pay the $750 and you will be covered for 3 years. Same goes for the 1 and 2 year bond. If you choose to go with only a one year bond the price would be $300, and if you chose to go with a 2 year bond the price would be $525 (or $262.50 per year).

Q: My company has a Co-Principal, is there an additional cost for that, if so, how much?

A: We do charge a one time fee for adding a Co-Principal to a bond. For example, if you were to choose the 3 year bond we would add $50 to the $750 which would equal $800; or if you were to choose to go with the 2 year bond we would add $50 to the $525 and the total for the 2 year bond with a co-principal would be $575.

Q: If everything worked out and we were able to get our bond through TRG, I need to be able to assure that this is going to work out well for us. What we don't want to happen is for TRG to say something along the lines of "Oh, that is something your broker takes care of." and then we proceed to speak with our broker and they say "Well, because you have your bond with another company we don't deal with that situation." This would have to work very smoothly. We would need to be able to get whatever they might need at anytime and right away. Do you think your company would be able to care for us taking all the above into consideration? Are you willing to address the above concerns?

A: The process of purchasing your bond directly through the surety is the same process your FF goes through to secure a bond for you. They contact a company just like us, purchase the bond for you and sell it back to you. Your FF does nothing different in securing the bond for you other than being the 3rd party involved. When you purchase the bond directly you can use any broker/FF to clear your entries for you. The process of entry clearance will remain the same and handled through your current FF. TRG is not a Customs broker, we simply become your direct contact to the surety. Once you have the new bond information from us, you simply supply that information to your broker/FF. We do ask, that if you should choose TRG, to not notify your broker until we have processed the bond. This will make sure that your FF does not place a termination notice prior to us placing the new bond, causing a lapse in coverage. We take care of terminating your current bond and at the same time we replace it with the new bond.

You can contact our bond department at anytime with any questions regarding your bond. We’re here to help. With TRG, you also have free access to our system called Eagle Eye. With Eagle Eye you can look up your bond information, query all entry information for those that were entered on your bond as well as supplemental duty bills and liquidated damages reports. We pride ourselves on our customer service and ability to provide you with the information you need.

Trade Risk Guaranty (TRG) Attends 2010 MSU Homecoming Events

2010-11-12T12:52:00.000-08:00

On the evening of Friday, October 8, and the early morning of Saturday, October 9, Trade Risk Guaranty (TRG) showed up to support the Montana State University Bobcats during their Homecoming festivities. TRG participated in the Homecoming events by distributing Bobcat-themed koozies, blue and gold balloons, and TRG mugs.

Bozeman, MT (PRWEB) 1 November 2010 - Many of TRG’s current employees proudly graduated from Montana State University, located in Bozeman. When given the opportunity, the TRG staff enjoys getting out and supporting their local team. At this year’s MSU Homecoming Parade and Pep-Rally, TRG supported the Bobcats while promoting TRG by handing out Bobcat-themed TRG materials.”

TRG focused on searching for talented individuals to join their sales team at the Homecoming events. TRG is a growing company and is in need of motivated sales members that are interested in becoming part of the TRG team. TRG likes to recruit new employees from MSU because TRG is aware of the outstanding education MSU graduates have received while attending Montana State University.

Kathryn Shaw, TRG’s Marketing Analyst, eagerly joined the TRG team after graduating from MSU last spring. “I was incredibly fortunate to find such a great career with TRG after graduation,” Shaw states. “It not only allows me to use my degree in marketing but also allows me to continue to live and work in Bozeman.”

TRG is currently in search of individuals to fill the positions of full time sales support representatives along with full time sales executives. As the leader in direct marketing of do-it-yourself trade facilitation products, TRG is thriving and continues to look for competitive, motivated employees to participate in the success of this niche market. If you are looking for a career in a vigorous and fast-paced industry, employment with TRG is what you are looking for.

To learn more about employment with TRG please visit: http://traderiskguaranty.com/Employment.aspx

About TRG:
Now located at 140 East Main Street, Suite G, Bozeman, MT, TRG is an international surety agency providing Customs bonds, marine cargo insurance, and other trade-related products direct to companies that import into the United States.

Trade Risk Guaranty (TRG) Brokerage Services LLC is a licensed insurance agency, having agency agreements with Hanover Insurance Company of Worcester, Massachusetts, and Great American Insurance Company of Cincinnati, Ohio, both of which are insurance companies approved by the Department of the U.S. Treasury to issue U.S. Customs bonds.

TRG Marine insurance policies are written by our sister agency, Corporation for International Business – dba Boomerang Freight Solutions Insurance Agency in the state of CA, dba Corporation for International Business, Inc. in the states of CT/MA/MO/NM, and dba CIB Insurance Agency, Inc. in the states of FL/MD/NH.

Trade Risk Guaranty (TRG) Teams up with the Bozeman Chamber of Commerce to Find Talented Sales Reps

2010-10-19T14:20:00.000-07:00

April 2009, Bozeman, Montana, became home to Trade Risk Guaranty (TRG), the leading direct supplier of International Trade products. Over one year later, the company is pushing forward with a local marketing campaign to increase the community’s awareness of TRG and to attract qualified sales representatives. The company expects their new membership with the Bozeman Chamber of Commerce to aid in greater community wide exposure.

Bozeman, MT 11 October 2010 – The Bozeman Chamber of Commerce offers local business owners networking opportunities and a place to become active participants in the Montana community. TRG, a local business new to Bozeman, has officially become a silver member of the chamber. http://www.bozemanchamber.com/membership/join.asp

Unique to Bozeman, TRG’s products do not cater to the needs of most local businesses and consumers. TRG offers trade facilitation products to U.S. importers via electronic communication. With the vast majority of the company’s market residing on the east and west coasts, the name TRG is rarely seen or heard in Bozeman. Functioning primarily as a sales and marketing office, the company is located in downtown Bozeman and is continually offering employment opportunities to the community. http://traderiskguaranty.com/Employment.aspx

Aside from the Chamber of Commerce, TRG is actively involved with student functions at Montana State University – Bozeman. TRG attends 1 – 2 career fairs at MSU each year and over 60% of TRG’s employees are graduates of MSU Bozeman. TRG recently sent Gregg Cummings, National Sales Manager, to campus, who spoke with students in a Professional Selling Business course about the skills needed to build a successful career in sales. TRG’s marketing department participated in a semester long business course allowing students to receive hands-on consulting experience.

Community members engaged with TRG employees as they distributed information about job opportunities at the MSU Pep Rally and Homecoming Parade this October. “We have spent a lot of time and money trying to find the best way to inform people about our excellent employment opportunities, but we continue to struggle to find candidates exhibiting the caliber of talent we expect from Bozeman,” Jena Leary, Marketing Director stated.

About TRG:
Now located at 140 East Main Street, Suite G, Bozeman, MT, TRG is an international surety agency providing Customs bonds, marine cargo insurance, and other trade-related products direct to companies that import into the United States.

Trade Risk Guaranty (TRG) Brokerage Services LLC is a licensed insurance agency, having agency agreements with Hanover Insurance Company of Worcester, Massachusetts, and Great American Insurance Company of Cincinnati, Ohio, both of which are insurance companies approved by the Department of the U.S. Treasury to issue U.S. Customs bonds.

TRG Marine insurance policies are written by our sister agency, Corporation for International Business – dba Boomerang Freight Solutions Insurance Agency in the state of CA, dba Corporation for International Business, Inc. in the states of CT/MA/MO/NM, and dba CIB Insurance Agency, Inc. in the states of FL/MD/NH.

Cargo Theft Reports l What’s Your Risk?

2010-10-12T13:26:00.000-07:00

All supply chains are unique. In many cases, the complexity of a supply chain and its security parameters permit gaps and, in turn, increase the theft risk of your freight. Certain cargo, such as electronics, is more susceptible to loss by theft than others. These risk factors include theft by commodity, the path of the import or location and the type of theft. Cargo theft statistics are available for importers and exporters to analyze their risks and make adjustments to their supply chains. Modifications may include increased security to your distribution channels to aid in cargo loss prevention and/or building a shipping insurance policy designed to your specific risks to offset the cost of a loss.

Must Read Cargo Theft Statistics
Every month FreightWatch International releases a Cargo Theft Report to subscribers. The report includes diagrams breaking down reported theft incidents for that month.

In August 2010 FreightWatch reported, “FreightWatch recorded 58 cargo theft incidents in August; an 18% increase from the thefts recorded in July. The states with the highest number of thefts were California and Florida, while Georgia experienced a higher number of incidents compared to last month displacing Texas to fourth place on the list of cargo theft.”

Subscribe to FreightWatch International’s Theft Report by contacting
Dan Burges
dan.burges@freightwatchintl.com
512-532-0159

Dan Burges states that the FreightWatch data, "Comes from out own proprietary database. We gather cargo theft data through clients, industry organizations, law enforcement agencies, insurance companies and open source media. We believe our database to be one of the most comprehensive cargo theft databases covering cargo theft in the United States."

Unique supply chains deserve unique coverage! If you lack the broad insurance coverage you need, contact TRG Marine™ today to see how we can customize a cargo insurance policy specific to your commodities and distribution channel. Every supply chain is unique; your insurance policy should be so too. Our years of experience and market connections will find you the best coverage at the best price! www.TRGMarine.com

Jena Leary | TRG
Marketing Director
140 East Main Street, Suite G
Bozeman, MT 59715
jleary@trgdirect.com

The TRG Trade Spotlight Expands Features and Brings Recognition to Customs Bond Holders

2010-10-07T12:35:00.000-07:00

Trade Risk Guaranty (TRG) has improved the company’s International Trade Ezine known as the TRG Trade Spotlight. TRG added many new features to the layout in order to provide a more interactive experience for the readers.

Bozeman, MT, September 22, 2010 — The TRG Trade Spotlight is an electronic newsletter or Enzine, released by Trade Risk Guaranty (TRG). The publication provides content relative to the International Trade industry. The primary purpose for the TRG Trade Spotlight is to keep TRG’s customers up-to-date on old and new Customs regulations that may have an impact on their business practices.

The Customer Spotlight section is new to the monthly article. Highlighted here, is one of TRG’s unique customers. In order for TRG to feature the business, the customer must submit their interest to TRG and provide a short background on what makes their company stand out. The TRG Trade Spotlight will then provide a description of the business and a link to the company’s website. “We have over 6,500 customers, that’s a reader base. We want to help some of the SMEs in that mix to tell their story and with hope gain a few more customers from the recognition,” Jena Leary, TRG’s Marketing Director, states.

Of course, no Ezine would be complete without a one-of-a-kind crossword puzzle. The company is offering subscribers a fun and challenging crossword puzzle that features questions based on the import and export industry. Answers to the monthly puzzles are found on the company’s website. http://traderiskguaranty.com/crossword.aspx

Kathryn Shaw, Marketing Analyst for TRG acknowledged, “By adding the new features to the TRG Trade Spotlight, we anticipate our customers will become more engaged in each release and begin to relate more to TRG as a vendor. In addition, we hope our customers will find the new features entertaining. Let’s face it, finding the fun factor within the rules and regulations of International Trade can be tricky. Hopefully the crossword puzzle and Customer Spotlight will be enjoyed by our readers.” To view past TRG Trade Spotlight articles please visit http://traderiskguaranty.com/TRGSpotlightArchives.aspx.

About TRG:
TRG is an import solutions provider marketing its products directly to the importer. These products include U.S. Customs import bonds, shipping insurance (freight insurance) and direct filing of U.S. Customs entries and Importer Security Filing. Trade Risk Guaranty (TRG) Brokerage Services LLC is a licensed insurance agency, having agency agreements with Hanover Insurance Company of Worcester, Massachusetts, and Great American Insurance Company of Cincinnati, Ohio, both of which are insurance companies approved by the Department of the U.S. Treasury to issue U.S. Customs bonds.

Contact:
Kathryn Shaw
Trade Risk Guaranty (TRG)
406-922-6525

Bozeman MT Company (TRG) Has Job Offerings l Learn about Employment with TRG

2010-09-21T11:53:00.000-07:00

Sales Support: Trade Risk Guaranty (TRG) - Bozeman is currently seeking PT and FT Sales Support Representatives. In this position you will become a member of a sales team and assist 1-2 Senior Sales Executives in lead generation, sales cycle organization/prioritization and maintaining prospect relationships. The team based sales approach throws you into the fast-paced, dynamic environment while providing you with the hands-on training needed for advancement within the company. TRG is accepting applications from competitive, motivated, self-starters to assist in meeting and exceeding sales executive’s revenue goals.

PT: $10/hour

FT: $23,000 salary

Please send resumes to Jena Leary, jleary@traderiskguaranty.com

About TRG:

Offering insight into the world of International Trade, believe it or not, Trade Risk Guaranty (TRG) is located in the Gallatin Valley of Bozeman, Montana. The downtown location is a hop, skip and a jump away from Bridger Bowl, Moonlight Basin and Big Sky Ski Facilities. Fishing, hiking, camping and many other outdoor activities are available to you out your backdoor. Filled with an office of outdoor enthusiasts, a few perks to employment at TRG include; powder days on the slopes and summer fishing and hiking team trips.

As the leader in direct marketing of do-it-yourself trade facilitation products, TRG is thriving and continues to look for competitive, motivated employees to participate in the success of this niche market. If you are looking for a career in a vigorous and fast-paced industry, employment with TRG is what you are looking for. Go Global in Montana!

TRG Hosts Bozeman Gold Toastmasters Club

2010-09-20T15:15:00.000-07:00

Trade Risk Guaranty (TRG) has been hosting the Bozeman area Toastmasters at TRG’s downtown office for the past eight months. The Bozeman Gold Toastmasters Club meets every Friday at 12:00pm (MST).

Bozeman, MT, August 12, 2010 — TRG proudly hosts the Bozeman Gold Toastmasters Club every Friday at noon in their Bozeman office. Bozeman Gold Toastmasters Club helps give men and women the skills and confidence they need to speak effectively in front of large audiences. The Toastmasters Club has been operating internationally since 1924, and they currently have more than 200,000 members in 80 countries.
Each Friday at noon the Toastmasters club meets for an hour and gives everyone in the club a chance to stand up and speak. At every meeting, a few club members typically have the opportunity to stand up and present a topic of interest, and then the other members of the club provide them with constructive feedback. The club offers a calm, relaxed, and supportive environment for individuals to improve their public speaking skills. http://bozemangold.freetoasthost.ws/index.html

TRG’s Bozeman office houses the majority of the company’s sales and marketing members. TRG also operates out of Indiana, Chicago, Illinois, and Big Sky, MT. TRG’s president, John Michel, decided to offer TRG’s office to the Bozeman Toastmasters Club for their weekly meetings. Mr. Michel trusts that Toastmasters is a great learning tool for the company’s sales producers. By hosting Bozeman’s Toastmasters Club at the TRG office, many of TRG’s employees have since joined the club and are benefiting from their membership and participation.

“I would recommend Toastmasters to anyone that likes meeting new people, networking, and has a genuine interest in learning to speak more professionally,” TRG Senior Account Executive Darren Pettyjohn states. “My speaking skills have improved. I think about what I say before it comes out. It helps me slow down and speak more professionally, as nerves typically make you speak fast.” For additional information about employment with TRG please visit their website at: https://traderiskguaranty.com/Employment.aspx

About TRG:
TRG is an import solutions provider marketing its products directly to the importer. These products include U.S. Customs import bonds, shipping insurance (freight insurance) and direct filing of U.S. Customs entries and Importer Security Filing. Trade Risk Guaranty (TRG) Brokerage Services LLC is a licensed insurance agency, having agency agreements with Hanover Insurance Company of Worcester, Massachusetts, and Great American Insurance Company of Cincinnati, Ohio, both of which are insurance companies approved by the Department of the U.S. Treasury to issue U.S. Customs bonds.

Contact:
Kathryn Shaw
Trade Risk Guaranty (TRG)
406-922-6525

Looking for a great paying sales career in Bozeman Montana?

2010-08-30T14:51:00.000-07:00

Live the Montana Dream with the TRG Team!

Offering insight into the world of International Trade, believe it or not, Trade Risk Guaranty (TRG) is located in the Gallatin Valley of Bozeman, Montana. The downtown location is a hop, skip and a jump away from Bridger Bowl, Moonlight Basin and Big Sky Ski Facilities. Fishing, hiking, camping and many other outdoor activities are available to you out your backdoor. Filled with an office of outdoor enthusiasts, a few perks to employment at TRG include; powder days on the slopes and summer fishing and hiking team trips.

As the leader in direct marketing of do-it-yourself trade facilitation products, TRG is thriving and continues to look for competitive, motivated employees to participate in the success of this niche market. If you are looking for a career in a vigorous and fast-paced industry, employment with TRG is what you are looking for. Go Global in Montana!

We are currently accepting applications for the following Ongoing Openings:

Full-Time Sales Executives: Are you looking for a job in Montana that pays based on performance and provides you with few added perks along the way?

Position Description: TRG is looking to employ full-time sales executives with the highest caliber of talent. A TRG sales executive is hired to market, via all approved and encouraged marketing strategies, to the best of their ability, the products available through TRG, and to continuously learn and become more knowledgeable about the products of TRG, and to provide our prospects and customers the highest level of service by being courteous, respectful, efficient and helpful.

Requirements: 2+ years of sales experience

Expected compensation: This is a full commission telemarketing position. A successful employee in this position should expect to earn $30,-40,000 in compensation in the first year and those with superior performance should expect to earn in the $45-60,000+ range. With any commission based sales position, the reward is based on the commitment. Quarterly sales incentives are designed to reward the top performing sales producers.

Benefits:

Paid Vacation
Personal Leave Time
Casual Dress
401K Retirement Plan
Quarterly Sales Incentives
Paid Company Holidays
Medical Insurance
Dental Insurance
A Big City Career without the Big City

Please send resumes and cover letters electronically to jleary@traderiskguaranty.com, or via mail to:

Jena Leary
TRG
140 East Main Street, Suite G
Bozeman, MT 59715

Visit http://www.bozemanchamber.com for information on Bozeman Montana.

2010-07-19T10:11:00.000-07:00

Thank you for registering to access Eagle Eye Reporting!

Trade Risk Guaranty has invested in software that connects with U.S. Customs’ database allowing us to download proprietal and highly secured information. Access to Entry information is available only to TRG bond holders. Importers may access information only for their company’s bond with prior registration authorization. Eagle Eye Reporting provides information about:

 Importer Bond Status (which will be covered at the end of this presentation)
 Entry Status Report
 Supplemental Duty Bills
 Liquidated Damages Penalties

Let’s get started!

Log-in to Eagle Eye. (on Home Page, look at the top right corner for LogIn)

ENTRY STATUS REPORT:
Reflects the status of entries under each import bond. Allows you to see each entry number, entry date & status, import value, estimated duty, liquidation date & amount per bond per importer.

Entry Number – any entry filed under your TRG bond

Importer Number – Importer of Record number (IOR), tax ID or employer identification number (EIN). If an importer has affiliated companies, such as a DBA business with a different IOR, each number must be entered to Eagle Eye reporting separately.

Date Range – this is optional. If no dates are inserted, the report will give results for the life of the TRG bond.

Report Options:
* Liquidated * Unliquidated * Suspended * All Entries

TRG Entry Status report will include entry information such as:
Entry Date
Import Value
Estimated and Liquidated Duty
Liquidation Date

Entry Detail Summary is accessed by clicking on the red Entry Number.

Export TRG reports. Eagle Eye reports can be downloaded into Excel or Adobe pdf formats.

Eagle Eye VALUE: Importers can obtain a list of entries to review duty, taxes and fees. Unliquidated entries are an outstanding financial obligation to be anticipated. Suspended entries, those put ‘on hold’ until rulings are determined for final duty amounts, should be scrutinized. Suspended entries may require future additional collection of duty upon liquidation and can take years to liquidate.

Helpful links:
http://www.cbp.gov/xp/cgov/toolbox/ports/
Each port has a link to view the list of broker contacts in that area.
http://www.cbp.gov/xp/cgov/trade/priority_trade/add_cvd/adcvd_pti.xml

SUPPLEMENTAL DUTY BILLS
Includes information on additional duty bills issued for anti-dumping or countervailing duty, change in classification (HTS), or miscellaneous fees or debit vouchers. Timely response is required to avoid national sanction.

Bills may be issued for:
 Anti-dumping or countervailing duty owed upon liquidated of entry
 Classification or Harmonized Tariff Schedule (HTS) calculation differences
 Miscellaneous – various fees, debit vouchers, etc.

Eagle Eye VALUE: It is recommended that each bill is reviewed for accuracy. If an Importer or their broker feels there is reasonable argument against the additional duties demanded, a formal Protest (CF-19) must be filed within 180 days. Customs’ decision on protests may take months or years to be processed.

Pink invoices are sent via mail by Customs to importers every 30 days until the bill has been paid. It is recommended that bills are paid in full within the first month of receipt to avoid interest accrual. If protested and approved, the payment is refunded including interest to the Importer.

Helpful link:
http://www.cbp.gov/xp/cgov/trade/priority_trade/revenue/bill_payments_sanctions/

LIQUIDATED DAMAGES PENALTIES

Liquidated Damages Penalty Notices are issued by Customs’ port office of Fines, Penalties and Forfeitures. They can carry extremely high fines! These are time-sensitive and require resolution of noncompliance along with petition or payment, or both. Failure to comply will result in bond termination and may affect an Importer’s compliance rating. Moreover, violations can alert Customs to initiate heavy scrutiny of all entries.

A penalty notice may be issued for any Code of Federal Regulation or United States code violation.
Common violations include:
 Failure or untimely payment of duty or entry paperwork
 Failure or untimely electronic filing of ISF
 Non-compliance with FDA refusal of goods or redelivery requirements
 Non-compliance with carrier bonded merchandise in transit requirements

Eagle Eye VALUE: Timely and complete resolution of entry violations is more than handling an incident; it is a reflection of your overall business practices. Investigation of the source of a violation results in an opportunity to make improvements in supply chain management and increased efficiency. Successfully petitioned penalties have resulted in either complete cancellation of the penalties or by reducing fines up to 97%.

Helpful links:
http://www.cbp.gov/xp/cgov/trade/priority_trade/penalties/
http://www.cbp.gov/xp/cgov/trade/cargo_security/carriers/security_filing/

EAGLE EYE CLAIMS

As surety agent for our clients’ import bonds, Trade Risk Guaranty is routinely notified via Eagle Eye downloads about Supplemental Duty Bills and Liquidated Damages Penalty Notices issued by Customs against our clients’ bonds.

As part of our service to you, our Claims Department emails notification and an Eagle Eye Report of Supplemental Duty Bills or Liquidated Damages to importers so the obligation may be addressed in a timely manner. Our courtesy reports are a back-up to Customs’ notices and reassurance that TRG is ready to help with resources and information to resolve matters.

Our Claims Analyst reviews each report and is available to assist importers and their agents, broker, freight forwarder or attorney, by facilitating prompt and thorough resolution with U.S. Customs.

Our goal is to provide each of our customers with a resource dedicated to helping to ensure smooth sailing in the world of importation!

Please visit the link below to view a recording of our Eagle Eye Webinar
http://www.4shared.com/video/zp5JXcVN/2010-06-29_1202_Eagle_Eye_Impo.html

Monitor Your 10+2 ISF Penalties for Free with Eagle Eye - Free Webinar

2010-06-15T09:53:00.001-07:00

TRG Bond™ is hosting a free webinar on “Eagle EyeSM: Resolve import related problems faster and easier”.

Register today: Tuesday, June 29th 1pm CT https://www2.gotomeeting.com/register/827215339

Eagle EyeSM is a free service made available by TRG Bond™ to all Customs bond clients. As a TRG Bond™ customer you now have access to fast, accurate, private and easily accessible information regarding your import entries; whenever and wherever you have an Internet connection. Eagle EyeSM allows you access to timely information about your entry without you having to track it down.

Not only does this tool, take information directly from U.S. Customs and streamline the data for your review, TRG Bond™ is here to help you understand the data. As our client we want you to maintain the highest level of Customs compliance you can. Many of our users indicate they have access to this vital information on Eagle EyeSM well before they are notified by their customs broker.

Kathryn Cody, TRG Bond’s™ in-house claims specialist will discuss:

- Eagle Eye Reporting Capabilities

o Supplemental duty bills

o Entry status reports

o Customs bond data

o 10+2 ISF & Import Entry penalties

- Using your data to answer these common questions

o Do I have any duties owed to Customs?

o Which broker filed this entry?

o How much customs bond coverage to I have?

o What entries are not yet liquidated?

o What port did my entry come into?

o What is the estimated duty I paid last year?

o What did I pay to clear Customs last year?

- How to activate your Eagle EyeSM account

- Non – Customers: How to apply for a Customs bond with TRG Bond™

About TRG Bond™

Since 1991 TRG Bond™ has been specializing in providing Customs bonds, direct filing, and cargo insurance direct to importers. Our bonds are underwritten by Hanover Insurance (A.M. Best Rated A). This is the identical bond you now carry and your customs broker/FF may continue to clear your entries. More than 6,000 companies, including K-Mart, Sears, Kawasaki and Bosch, save every year by using TRG Bond™.

Register today: Tuesday, June 29th 1pm CT https://www2.gotomeeting.com/register/827215339

A Joke for Today

2010-04-20T10:25:00.000-07:00

Tips for Importer Security Filing Success

2010-04-19T13:56:00.000-07:00

As you know, Importer Security Filing (10+2 ISF) is a government mandate requiring importers to file additional data elements for all shipments entering the U.S. via ocean cargo.

Tips for your Importer Security Filing success!

As you continue to improve your ISF program to avoid the $5,000 penalties, please review these helpful tips. If you are using a broker/freight forwarder or you are filing direct, keep these in mind.

• Evaluate your ISF record: Have you requested your ISF progress report? Whoever is filing your ISF should provide you with a copy of this report that comes directly from U.S. Customs (CBP). If your ISF filer has not done so already, request this from him/her or contact me to see how you can request this directly from CBP. See an example ISF report here.

• Always File: You are better off filing late than not filing at all. Your policies and procedures should make sure that each ocean shipment has an ISF filed 24 hours prior to the departure of the vessel OR sooner. However, should an ISF be missed, your policies should ensure that an ISF is filed as soon as possible before the ship reaches the port of arrival.

• Keep Notes: Make sure that you and/or your filer maintain detailed records of everything done in order to file an accurate and timely ISF. Should mitigation need to take place for an ISF, CBP will want to see that you performed due diligence to file correctly and on-time.

• Ask Questions: The more you understand the process, the smoother the filing will go. In most cases, you are doing the majority of the ISF filing and your filer is simply hitting the transmit button. It is up to you to be aware of problems that may occur. Review our FAQs here.

• Evaluate resources: Should you find that your ISF compliance is below par and your costs to import are increasing due to ISF penalties, look into the other options available. I’d be happy to discuss in detail with you the pros of direct filing and see where you will be able to decrease your costs while increasing your compliance.

Purchase a Continuous Bond for Importer Security Filing

2010-04-15T09:28:00.000-07:00

January 26th 2010 marked the official implementation of Importer Security Filing. Beginning this day all importers filing an ISF on their ocean cargo must have appropriate new bonding in place.

If…
1) You have a shipment entering the U.S. via ocean goods in the next year, and
2) You import using single transaction Customs bonds

…now is the time for you to take a look into purchasing a continuous import bond.

Multiple Single Entry Bonds or 1 Continuous Bond?

In the past, it was more economical for low volume importers to purchase single entry bonds. However, U.S. Customs is now requiring that if a single transaction bond is used to clear the entry an additional single entry ISF bond to be place. This increases the costs of single entry transactions; however, TRG has the solution.

Since 1991, TRG has provided continuous Customs bonds direct to importers. The continuous import bond will cover every shipment over a one year period (both entry and ISF). Call us today to see how you can save.

Applying for Continuous bond is easy.

 Send TRG a completed 1 page application and Power of Attorney form,
 TRG will contact you with any changes needed on the application,
 TRG will place the bond with U.S. Customs,
 You will provide your broker (or whomever clears your entries) with the new bond number.

It’s really that simple to decrease your import costs! Don’t pay the high costs of single entry bonds. If you are interested in obtain a continuous bond, please contact TRG or apply online today!

Meet Trade Innovations l Supply Chain Security Consultants

2010-04-14T09:05:00.000-07:00

Trade Innovations, a partner of TRG Direct, was launched as a practical alternative to traditional consulting and law firms. Since the company's founding in 2005, they have steadily built a portfolio of satisfied clients. Through carefully crafted strategic alliances they have the ability to provide world class service in the areas of customs and import compliance consulting, export compliance, training, C-TPAT programs, surety bonds, direct-filing of customs entries and Importer Security Filings (ISFs), marine insurance, and carnets.

To commemorate the company's 5 year anniversary Trade Innovations recently refreshed and updated their web site (www.tradeinnovations.com). In addition to their Blog, they added all of today's social media links so now you can follow Trade Innovations on Facebook, Twitter and LinkedIn. Make sure to visit them online and sign up for their monthly newsletter. It is full of insightful information.

Do you have multiple manufactures or suppliers on an Importer Security Filing?

2010-04-08T07:38:00.000-07:00

A common questions among, new ISF direct filers is, "what do I do if I have multiple manufacturers, ship to parties, etc on one ocean shipment?"

The initial thought from most importers is that they will need to file multiple ISFs. However, this is not the case. The direct filer will actually be able to file just one ISF and enter the multiple parties. TRG Direct makes this very simple.

If you are using the ISF Excel template and uploading the document to TRG Direct, you will simply insert as many extra rows in the template as needed. If you are entering the information manually into the system you will simply choose add another party and a new field will appear.

Fill out the ISF and file as you normally do and you are all taken care of!

Import & Export Recordkeeping Best Practices

2010-04-07T08:12:00.000-07:00

Import/Export Recordkeeping Best Practices by Mike Laden

TRG attended another successful event hosted by the International Compliance Professionals Association (ICPA) this past March. With educational sessions ranging from the Pros and Cons of Direct-filing to Understanding Incoterms, attendees were buzzing about the depth of knowledge presented at this conference. Mike Laden of TRG Direct presented Import/Export Recordkeeping Best Practices.

Recordkeeping Best Practices

Electronic – Keeping your records in an electronic format will allow you to expedite the document retrieval process as well as implement the following best practices. This will also allow your information to be stored in a “on-demand” centralized location. Electronic storage will need to be approved by Customs & Border Protection (CBP). *Your policies and procedures should require you to keep the originals for 120 days and all electronic records a minimum of 5 years!*

Policies & Procedures Comprehensively Documented – CBP expects to see that you have policies in place prior to an audit. The policy must ensure the preservation of integrity, readability, and security of the information contained in the original records. Include in your procedures a standardized retrieval process for your records.

Completely Crossed Referenced – If the document relates to information elsewhere, be sure to make that connection.

Exception Files – Your import/export records should be able to “tell a story”. Policies should require that any and everything be stored. If there was an email about it, store it. When in doubt, store it!

Audited Before Storage – Set up a procedure for internal auditing of your documents as they move to storage. Penalties may result for negligence and failure to maintain records. This could be $10,000 per violation and each missing document could be considered a violation!

Award Winning TRG

2009 Pros to Know
Mike Laden and Kelby Woodard of TRG Direct have been acknowledged as Supply & Demand Chain’s 2009 Pros to Know. Recipients of this award have personally helped clients address the challenges of the recession and prepare for the recovery ahead. Congratulations and well deserved!

ICPA Founders Awards
We can’t say we were surprised this March when Greg Hodge of TRG was awarded the 2009 ICPA Founders Award at the annual conference. A true advocate of the ICPA, Greg referred the most new members to the ICPA in 2009.

TRG Direct Introduces MyFileIdea a Social Networking Site for Direct-Filers

2010-03-04T12:35:00.000-08:00

TRG Direct invites you to engage with one another in our new direct filing forum, MyFileIdea. Modeled after popular social networking sites such as LinkedIn, Twitter and Facebook, MyFileIdea offers you the ability to communicate with other users of the system in real time. Register Now!

MyFileIdea is a place to:
1) Interact with TRG Direct Users
2) Post Comments/Feedback/Ideas
3) Monitor System Updates
The greatest feature of MyFileIdea is that you can post your ideas on how to make the system work better for you.
This hub allows you to monitor the status of all the MyFileIdeas daily. Use this key to follow the progress.
Implemented: The idea was accepted and the programming changes have been completed.
Pending: The idea has been approved by TRG Direct and is awaiting implementation by the programmers.
Review: The idea is under review by TRG Direct.
Clarification: The idea needs further explanation by the user.
Alterations: The idea has been reviewed by TRG Direct and the company has some suggestions to make the idea more effective for all users.
MyFileIdea is also a place for prospective self-filers. This is not required, but we do ask that you take some time every now and then to engage with these users and help them determine if direct filing is right for them. Be honest with the experiences you have had with TRG Direct, both good and not so good.
Let’s Get Started! Register Now!

ISF Day of Reckoning Arrives

2010-02-22T08:09:00.000-08:00

ISF Day of Reckoning Arrives

It's safe to say that if your company is not filing the mandatory Importer Security Filing (ISF) for all maritime cargo bound for the US by today, that you can expect difficulty getting your shipment(s) released upon arrival in the U.S.

For more information on ISF filing and the most comprehensive easy-to-use system for filing ISF's and customs entries at a savings of up to 90% off ordinary costs please contact TRG Direct.

TRG Direct President Michael Laden has been very active attending CBP ISF Public Outreach Sessions at various venues around the country and in Europe. TRG Direct has been instrumental in working closely with CBP to ensure that all problematic system issues are addressed and remedied during this critical non-enforcement phase.

What do I do if I get a No Bill on File Message with my ISF?

2010-02-05T07:23:00.000-08:00

There are many reasons for No Bill on File messages when filing your importer security filing. Here are some causes and what you can do to rectify them:

1. The bill of lading will not match if you file the ISF before the BoL is entered into AMS. You do not need to retransmit; Customs will continue to try to match the BoL.
2. The bill of lading may not match right away if the goods hit several ports before coming to the US. The BoL may not match until it leaves the last port bound for the US. There is no need to retransmit; Customs will continue to try to match the BoL.
3. The BoL will not match if the wrong Bill Type is indicated. If the BoL is marked as a Straight bill in AMS but a House bill on the ISF, the bills will not match. If this is the problem, select the correct Bill Type in the Header Screen, Save changes, and retransmit the ISF.
4. If none of these solutions work and/or if the goods are about to leave the last port bound for the US and you still don't have a bill match, it is good practice to call to verify that you have the correct Bill Type, SCAC code, and Bill Number. If your BoL is wrong, update the ISF and retransmit. If all the information is correct, there is nothing you can do but wait for Customs to match it on their end. For some reason, some BoLs never match; this is why Customs will not be issuing fines or penalties for bill matches until their system is more refined.

At this time, Customs is not fining, and the way they are matching bills is still imperfect. The important thing to do at this time is to file an Importer Security Filing for every ocean entry.

ISF Bonding Requirements by TRG l Register Now!

2010-02-03T13:38:00.000-08:00

New bonding requirements for low volume importers
Save the date! TRG is hosting a free webinar to discuss the new bonding requirements for Importer Security Filing.
February 4th 11am CT Register Now

January 26th 2010 marked the official implementation of Importer Security Filing. Beginning this day all importers filing an ISF on their ocean cargo must have appropriate new bonding in place.
If…
1) You have a shipment entering the U.S. via ocean goods in the next year, and
2) You import using single transaction Customs bonds
…now is the time for you to take a look into purchasing a continuous import bond.

Multiple Single Entry Bonds or 1 Continuous Bond?
In the past, it was more economical for low volume importers to purchase single entry bonds. However, U.S. Customs now requires that if a single transaction bond is used to clear an entry, an additional single entry ISF bond to be in place. This increases the costs of single entry transactions; however, TRG has the solution.

Since 1991, TRG has provided continuous Customs bonds direct to importers. The continuous import bond will cover every shipment over a one year period (both entry and ISF).

Our ISF Countdown Comes to an End

2010-01-29T13:42:00.001-08:00

Wow! It has really happended! The long awaited (highly dreaded (not by TRG)) ISF regulation has come into effect. This past Tuesday Customs announced the passing of Importer Security Filing.

However, we still have time get you up and filing! GOOD NEWS!
As Rich DiNucci, Director of the Secure Freight Initiative at CBP has repeatedly stated during the Importer Security Filing (ISF) Public Outreach Sessions, "It's not about the penalties, it's about the data...we simply want compliance". In keeping with this level-headed approach to implementation, CBP has announced that the unenforced period will technically end today. However, importers with accuracy or timeliness issues can expect a Warning Letter or "light touch" from CBP for at least the next ninety (90) days. In other words, if your company is currently making a best faith effort to get the ISF filed accurately and timely, you need not worry about receiving a $5,000 penalty...for now.

Richard DiNucci Attends TRG Direct User Group

2010-01-19T10:48:00.000-08:00

Richard DiNucci, Secure Trade Initiative Director, attended TRG Direct’s self filing user group webinar presenting timely information on Importer Security Filing (10+2 ISF). The presentation by Mr. DiNucci provided importers with information about the current status of ISF filing and what importers can expect when ISF compliance begins on January 26, 2010. Importer Security Filing requires both importers and carriers to submit additional information pertaining to cargo for import into the United States, to Customers and Border Protection (CBP) 24 hours prior to the goods being laded for the U.S.

Mr. DiNucci has been traveling throughout the U.S. and various overseas locations as part of CBP’s Importer Security Filing Trade Outreach Program. Mike Laden, President of TRG Direct, took part in many of these sessions as a guest speaker. Between Rich and Mike, as well as other ISF trade data collected by CBP over the past year, TRG Direct’s user group was presented with an optimistic overview of the self filer’s progress to date. www.trgdirect.com

Currently, 4 million ISFs have been filed by 80-90% of U.S. importers. Around 10-20% of importers have not started filing. Between 35,000-40,000 ISFs are filed daily with timeliness averaging at 60%.

Although filing numbers are high, challenges still exist. The Duplicate ISF Transaction rejected message recently went up 3%, meaning more than one ISF is filed with the same bill of lading. This may be due to new filers or because of the many updates in the CBP system. CBP updated their system to only accept data in a particular format.

Mr. DiNucci said that in order to see how CBP will treat enforcement, importers can refer to the mitigation guidelines. “CBP is not in it to generate revenue,” Mr. DiNucci said, “but to get the data.” Mr. DiNucci said that importers who are already filing can expect a light touch from CBP due to the “relaxed enforcement” approach CBP will take. CBP will be harder on those importers who haven’t been filing.

“This meeting with Rich could not have come at a better time for our self filers. Luckily for those filers still completing their sign up with TRG Direct, we were able to record the presentation and have posted it online for download,” stated Gregg Cummings, National Sales Manager. www.trgdirect.com/isf_usergroup.aspx

Mr. DiNucci touched on the latest progress reports issued in early January. Timeliness was a large issue for many importers, and this may be because CBP measured timeliness differently in these reports. This time, CBP measured timeliness based on departure date; they expected that timeliness rates would improve, but unfortunately, progress reports worsened for many importers. Mr. DiNucci believes most importers are filing on time, and he said CBP will not see timeliness generating enforcement concerns until their measurement is refined. “The key point,” Mr. DiNucci said, “is to refine your system and take a deep breath; CBP will not say importers are not compliant based on timeliness.”

According to Mr. DiNucci, CBP appreciates the fact that importers are preparing for enforcement. They understand that importers are doing all the work, and CBP appreciates it. Mr. DiNucci assures importers that CBP knows importers will have issues in the beginning, but as long as they strive to provide the data to Customs, they don’t have to worry about enforcement.

“We’ll come down when we need to come down hard on those who don’t want to comply,” Mr. DiNucci said. “We don’t expect perfection at first. Just keep filing, take a deep breath, and you’ll be fine.”

Get your C-TPAT certification for ISF purposes!

2010-01-12T10:22:00.000-08:00

C-TPAT Certified? Save the date for this CBP Training Seminar.

Customs Trade Partnership Against Terrorism (C-TPAT) is a Customs & Border Protection (CBP) Security initiative designed to engage importers in the validation of their supply chain integrity. Learn more about C-TPAT and the benefits associated with the program in the TRG Trade Spotlight September 2008 issue.

For importers already participating in this initiative, CBP is hosting a training seminar geared toward the challenges in upholding supply chain security during today’s economic environment. The event will include education on:
Balancing Supply Chain Security & Economic Efficiency
Conducting a Supply Chain Security Risk Assessment
Revalidations
Suspensions and Removals
C-TPAT Best Practices
Developing a Security Training & Awareness Program
Proactive Approaches to Security Breach Prevention
Mutual Recognition
Interagency cooperation
Only 1,200 Slots Available – First Come First Served!

Location:
Anaheim Marriott Hotel700 West Convention WayAnaheim, California, 92802

Dates:
Session 1 – Wednesday & Thursday, March 17-18, 2010Session 2 – Thursday & Friday, March 18-19, 2010

Cost:
No cost to attend the conference. Expenses for lodging and travel are the responsibility of the C-TPAT member.

Registration: Online CBP Website

In order to avoid paying these stiff fines, many importers have brought their policies and procedures in house to ensure they know that they are filing timely and accurately. The ISF consists of 10 very easily attainable data elements. Once the importer begins receiving the information, the filing part is easy.

TRG Direct, an ISF and customs entry software provider, allows importers to file online in seconds using templates and excel uploads. Also, since the ISF is not considered customs business, many importers allow their vendors to access the ISFs under their own user names and input information, which means the information never has to go through a third party.

If you haven’t started filing, don’t stress: you still have a month to practice filing penalty-free. However, you need to start filing now. CBP has stated that the most important thing importers can do before compliance begins is to create a history with CBP by filing their ISFs. By doing so, importers may be able to mitigate any fines and penalties assessed at the beginning of compliance. Importers who have not been filing will be the first ones paying these fines.

If you have been filing, you need to make sure your policies and procedures are in place and that all filings are timely and accurate. Check your progress report to see how well you’re doing. And remember, by filing yourself, you have complete control over filing timely and accurately.

File Your ISF Using TRG Direct's Template

2010-01-11T15:21:00.000-08:00

New addition to TRG Direct....TRG Direct recently reduced the filing time for Importer Security Filing self filers. The introduction of their excel ISF upload template allows importers to upload information directly into an ISF. Self filers simply input data in the appropriate part of the template and upload it directly into TRG Direct. After a quick review, the ISF can be transmitted directly to U.S. Customs via a direct Automated Broker Interface (ABI) connection.Another nice quality about the excel spreadsheet is the usefulness in coordination with an importer's overseas vendors. Most vendors are already filling out ISF information templates or word documents for their U.S. importers; now, they can simply fill out TRG Direct's ISF upload spreadsheet. This saves the importer time because they don't need to re-key the information for their ISF; they just upload the spreadsheet which auto-populates their information directly into TRG Direct. www.trgdirect.com

The ISF Honeymoon Comes to an End Jan 26th

2010-01-08T10:02:00.000-08:00

The ISF Honeymoon Comes to an End January 26th
The honeymoon phase of Importer Security Filing (ISF) will be over in less than one month. On January 26th, 2010, U.S. importers of ocean cargo will be faced with a harsh reality. Customs and Border Protection (CBP) will begin issuing fines and penalties for importers who fail to file their ISFs, file late, fail to update, or fail to delete their ISFs. Penalty amounts will be $5,000 per Importer Security Filing transmission and can be as much as $10,000 per ISF.

Was your honeymoon successful? Are you ISF ready?
At this time, importers need to be very familiar with their progress reports. Customs issues these monthly progress reports to whoever is filing the ISFs in order to let them know how they are doing. The reports inform the filer about how often their ISFs are accepted or rejected as well as how timely they are filing. If you haven’t seen your progress report, you need to ask whoever is filing immediately. Remember: it is not the filer that has to pay the fine; the importer is liable for their ISFs.In order to avoid paying these stiff fines, many importers have brought their policies and procedures in house to ensure they know that they are filing timely and accurately.

The ISF consists of 10 very easily attainable data elements. Once the importer begins receiving the information, the filing is easy.It's time to create a successful ISF program.TRG Direct, an ISF and customs entry self filing provider, allows importers to file online in seconds using templates and excel uploads. Also, since the ISF is not considered customs business, many importers allow their vendors to access the ISFs under their own user names and input information, which means the information never has to go through a third party.If you haven’t started filing, don’t stress: you still have a month to practice filing penalty-free. However, you need to start filing now. CBP has stated that the most important thing importers can do before compliance begins is to create a history with CBP by filing their ISFs. By doing so, importers may be able to mitigate any fines and penalties assessed at the beginning of compliance. Importers who have not been filing will be the first ones paying these fines.If you have been filing, you need to make sure your policies and procedures are in place and that all filings are timely and accurate. Check your progress report to see how well you’re doing. And remember, by filing yourself, you have complete control over filing timely and accurately.

FAQs by Importer Security Filing Self Filers

2009-12-29T12:50:00.000-08:00

□ Why am I getting a “Duplicate” file message?

Someone has already used this bill of lading number to transmit an ISF --- maybe not your shipment. That is why you are getting the “duplicate” file message --- CBP will accept the ISF for the first importer that uses the bill number and will reject any subsequent filings with the same bill number. So, in order to be compliant with the requirements of ISF and if the carrier cannot discover the error on their part, you could request that they issue you a new bill number so that you can correct your ISF filing and retransmit with another bill number. When you receive a reject for your ISF --- it is as if you have not filed the information with CBP.

Unfortunately CBP has not provided the filers with any advice on what to do to try and solve this problem (and for right now, until Jan. 26 --- there will be no penalty for failing to file an ISF). The only advice we can give is for you to work with the Bill issuer to resolve whatever problem is resulting in your filing being rejected by CBP, with the last resort, your insisting that you need a new bill number so that you can file your ISF.

All of your attempts to resolve this duplicate file reject should be maintained in the system “notes” file to assist with any response to an enforcement action that CBP might take for ISF’s filed after January 26th.

□ Do rollover shipments need new ISFs?

If you have some cargo that made the shipment but others that are rolled over, you should update the ISF with the information about the cargo that made the shipment. If the ISF has already been transmitted with a bill of lading (BOL) that is being rolled over, you will need to take that BOL off of that ISF as well and request that a new BOL be issued for the rolled over cargo. You will then create a new ISF for the rolled over cargo with the new bill of lading.
If an entire shipment is rolled over, you will need to update the ISF if any of the information has changed, including the new bill of lading. If the information is exactly the same, then you don’t need to do anything.
It may seem difficult to receive a new BOL for a rolled over shipment, but if you have already transmitted an ISF with that BOL, then you will receive a rejected ISF with a Duplicate ISF Transaction error message because Customs will not accept more than one ISF with the same BOL. This can seem problematic, but this is a situation that every vendor will eventually have to deal with and accommodate.

□ What is an AMS Bill of Lading?

ISF has brought the term “AMS bill of lading” into the importer’s vocabulary, causing even more confusion as to what BOL Customs wants when the importer submits an ISF. The AMS bill of lading is whatever bill of lading is entered into AMS. This is the BOL that you want on your ISF because it is what Customs matches the ISF BOL with the BOL entered into AMS. Even if you believe you import under a house bill or straight bill of lading, it is helpful for you to ask your carrier or freight forwarder for the AMS bill of lading so that you know that your ISF will be matched properly.

□ Why haven’t I received a response from Customs after filing an ISF?
If you have filed an ISF and have not received a timely response from Customs, don’t worry. This occurs when the CBP’s system gets overloaded and overwhelmed. If this happens, don’t fret; your ISFs have been transmitted and Customs will be aware of the hold up. All you can do is sit and wait for the system to clear up.

□ Can I file my ISF early?

TRG Direct recommends filing as soon as you get all of the accurate data elements. However, if you file your Importer Security Filing before the bill of lading is entered into AMS, you will get a No Bill on File message since there is no bill of lading to match it to in AMS. When this happens, the system will cycle the entry through until the bill matches. Filing an ISF as soon as you have the information is a good way to ensure you file timely. The No Bill on File message will not result in a negative result on your progress report. The sooner CBP receives the information the better because this gives them more time to look through the information and screen it.

□ What is an invalid transaction error?

This occurs if somebody attempts to submit an ISF that has already been submitted by a different entity or the information was the same as a deleted ISF. This happens often if you go back and attempt to resubmit an old ISF or if you change your filer code and attempt to resubmit an ISF.

□ Definitions of the Entities (Data Elements).

Importer – The entity that is liable for duties and taxes and that is liable for federal regulations when importing into the United States.
Consignee – The entity on whose account the items are shipped. This is usually the same as the Importer.
Ship To – The name and address that will receive the goods as soon as they clear Customs. This is often the Importer.
Manufacturer – The name and address of the company producing the goods.
Seller – The name and address of the person selling the goods. If they are household goods, this is generally the name and address of the owner. This is often the same as the Manufacturer.
Buyer – The name and address of the entity purchasing the goods. If they are household goods, this is generally the name and address of the owner. This is often the Importer and/or Ship To.
Container Stuffing Location – The name and location of the place where the goods will be stuffed into the container.
Consolidator – The person who arranges for the stuffing of the goods.
HTS – Customs accepts both the 6 and 10 digit Harmonized Tariff Schedule number. It is unnecessary to indicate how many of each item.
Country of Origin – Customs requires the country of where each HTS originated.
Bill of Lading – This is known the hidden 11th element. The lowest bill of lading is required for all ISFs.

□ What are the different ISF transaction types?

A “Compliant Transaction” is used when you are sending 10 accurate ISF data elements. This means you are telling Customs that everything within the ISF is correct (to the best of your knowledge).
“Flexible Range” is used when you are not sure what items will be included in the shipment. If this is the case, you would enter every possible HTS code and file using “Flexible Range.” However, once you receive accurate information, you need to update the ISF before the ship arrives in port. Once you update and retransmit, Customs will consider the ISF a “Compliant Transaction.”
“Flexible Timing” is used when you are unaware of the Consolidator or Stuffing Location. Since these items were not necessary previously, Customs allows you to file your Importer Security Filing under this transaction type without those entities. However, like “Flexible Range,” the ISF must be updated and retransmitted before the ship enters port.
When you file using the Flexible options, you will receive an Accepted with Warnings message and the error message “Complete Transaction Required.” This is to remind you that you need to update the ISF and retransmit it using the Compliant Transaction type 24 hours prior to arrival. The Accepted with Warnings message will appear yellow in the ISF dashboard so it’s easy for you to see that it needs to be updated.

□ How can I possibly get the Bill of Lading Number on time?

CBP has tried hard to let the shipping community know that the bill of lading has to be issued earlier. Some vendors are using the booking number as the bill of lading to rectify this situation. Most importers require the bill of lading at least 48 hours prior to lading. If you don’t receive the BOL before the ship is laden, you will be late. If you are a TRG Direct ISF customer, we have letters that you can send to vendors letting them know that you need the essential data elements early. If they don’t comply, we can go to CBP and have them deal with noncompliant vendors.

□ I have done everything I could to transmit a compliant ISF, but was still unable to do so. How do I let Customs know I tried?

The notes field is a way for customers to make any notes of any peculiarities on a particular ISF. If anything worth noting happens while filing an ISF, it is important that you make a note of it in this field. The notes will not be submitted to Customs, but it is a safety net for you in case you incur any ISF penalties. That way, if CBP attempts to penalize you on an ISF, you can go into your notes field, remind yourself on the circumstances of that particular ISF, and then use it to show Customs that you performed due diligence to file timely and accurately. This can help greatly when trying to mitigate penalties. The notes field can be edited and updated as often as you like.

Should I enter container information on my ISF?

2009-11-13T10:49:00.000-08:00

It is possible to entry container information into an ISF, but should this be done?

We suggest that it is truly best if container and equipment information is not entered. The container information is not pulled into the customs entry, is not required in either the entry or ISF, and can be more problematic than helpful with the Importer Security Filing. If incorrect information is entered, the ISF can be rejected, which is a problem because a rejected ISF is like not filing an ISF at all.

To have more of your ISF questions answered please send an email to jdinan@trgdirect.com.

ISF Software User Group Meeting

2009-11-03T10:21:00.000-08:00

TRG Direct's next ISF software and direct filing system User Group webinar will be on November 11th at 11am CT.

To register for the webinar please visit: https://www2.gotomeeting.com/register/300758194

Our webinar is open to our self filing importers as well as prospects looking further into our system. Please mark this on your calendar and plan to attend. Great information comes out of these events!

CBP ISF Trade Outreach is Overseas

2009-10-27T08:50:00.000-07:00

In an interview on Friday, Mike Laden announced that the Importer Security Filing CBP Trade Outreach Program will be overseas this week presenting in Germany. This is very exciting for TRG Direct as we have also launched our own series of webinars for overseas vendors.

This is just another wake up call for US Importers that have not yet begun to file their ISF. This is happening. CBP is spending a lot of time and resources to make sure this will go into effect in January so if you have not started to file or are unaware of your compliance thus far, give us a call and we will point you in the right direction, 800-685-6082.

TRG Direct President to Present at CBP Trade Symposium

2009-10-26T08:05:00.000-07:00

Mike Laden of TRG Direct will presenting at this year's US Customs's Trade Symposium in Importer Security Filing. Mike has been spending a lot of time over the past few months providing his knowledge to the Trade on ISF during CBP's trade outreach program.

Mike's involvement speaks volumes on TRG Direct's knowledge of ISF and CBP's respect for the President of the company. Mike presents as a ISF software solution provider. Other speakers include a self-filing importer and a Customs broker or Carrier.

For more information on CBP's Trade Symposium visit www.cbp.gov.

ISF Customs Bond FAQs from CBP

2009-10-23T09:59:00.001-07:00

U.S. Customs and Border Protection recently released an updated list of FAQs on their website. You can download a copy of the FAQs here.

Within the FAQs is information on the Customs bond that will need to guarantee the importer security filing. In most cases the importer will have a continuous customs bond already on file and not need to engage in the more complicated ISF bond.

ISF Direct Filing Customer Service Blog with Jamie Dinan

2009-10-19T10:13:00.001-07:00

Jamie Dinan has been running a fabulous blog for our direct filing customers. The blog is dedicated to ISF FAQs and updates. Jamie is a very talented writter and extremely knowledgeable on Importer Security Filing and self-filing.

Here is the link to the blog: http://isfsoftware.wordpress.com/

This is a great resource for customers as well as those importers who are looking into direct filing as a solution for ISF. TRG Direct is completely web-based and requires no start-up fee for filing your ISF. Check out Jamie's blog and let us know if you are interested in a demonstration.

10+2 Will be a Topic of Discussion at COAC Meeting

2009-10-16T12:30:00.000-07:00

The Advisory Committee on Commercial Operations of U.S. Customsand Border Protection (COAC) will meet on November 4, 2009 in Washington, DC. Themeeting will be open to the public.DATES: COAC will meet Wednesday, November 4, 2009 from 9 a.m. to 1 p.m. Pleasenote that the meeting may close early if the committee completes its business. If youplan on attending, please register either online athttp://www.cbp.gov/xp/cgov/trade/trade_outreach/coac/, or by e-mail totradeevents@dhs.gov by close-of-business on Friday, October 30, 2009.

CBP Trade Symposium with Host Session on ISF

2009-10-14T07:17:00.000-07:00

This years CBP Trade Symposium will include Importer Security Filing. The sessions are available both online and onsite. TRG will have representatives at the Symposium as well as broadcasting certain sessions at our Bozeman office.
Other topics include:
Modernization
Trade Policy
Intellectual Property Rights
Importer Security Filing
North American Border Issues
Port Operations
Automated Commercial Environment
Importer Self Assessment
Business Resumption Planning
C-TPAT
Interagency Collaboration
The Rulings Process

The onsite registration is available, online registration will be available soon. To keep an eye on registration visit CBP's website.

Begin Filing Your ISF Today

2009-10-05T14:57:00.000-07:00

We are getting so close to the Jan 26th deadline. As D-Day approaches importers are scrambling to find their compliance solutions. Many importers began filing by using their broker. They said, "I don't have time to deal with this, you deal with it". Now as they begin to review their report card and find that even though their broker is filing, they still are not compliant.

HELP! Frantically importers are looking to other options, some think it is too late to learn how to file in-house, but they are wrong. We have about 3 months to get you up and running and compliant. Let's start today. Atalanta, a direct filer of ISF and customs entries through TRG Direct is 99% compliant after filing ISF in-house after 3 months. It is doable. The most important thing is that CBP sees that you are taking the right steps toward compliance.

Call us today, we can help. 800-685-6082

First Vendor Webinar a Success

2009-10-01T08:50:00.000-07:00

Last night at 8pm CT we hosted our first ISF vendor compliance webinar. Only about 20% of those who registered for the webinar actually attended, but those who attended participated greatly. We have many great questions and these vendors are taking charge to make filing the ISF on time a reality for their customers.

The webinar was hosted in English, with a Mandarin translation. This same webinar will be posted on our website and sent to those individuals who were unable to attend. This same webinar will be hosted again in 2 weeks.

Next week, we will host our second ISF vendor compliance webinar only the time zone will be changed to include vendors in Europe. Along with the ppts translated into various languages we are also providing templates for the vendors to use which highlights what information needs to be given to the US importer and at which date.

We are very pleased with this first webinar. Thanks to those who attended.

Help! ISF Vendor Compliance Program

2009-09-18T12:19:00.000-07:00

Calling all TRG Direct ISF self-filers! We are hosting a series of vendor compliance webinars to engage them in ISF.The webinar will include

A background on ISF

An in depth look at the 10 elements,

US Importers &contractual relationships

A vendor’s role in the Importer Security Filing

Processes as a supplier

Questions & Answers

Calling all TRG Direct ISF self-filers! We are hosting a series of vendor compliance webinars to engage them in ISF.The webinar will include A background on ISF, An in depth look at the 10 elements, US Importers &contractual relationships A vendor’s role in the Importer Security Filing Processes as a supplier, Questions & Answers.

Trade Webinar Series; Session Three: Trade Security - Event Registration by Acteva

2009-09-16T15:16:00.001-07:00

Trade Webinar Series; Session Three: Trade Security - Event Registration by Acteva

Shared via AddThis

ISF Outreach Program l TRG Direct President Participates

2009-09-11T08:51:00.000-07:00

TRG Direct President Mike Laden has been taking part in the US Customs' ISF Trade Outreach programs. As an expert in international trade security and supply chain management, Mike has been asked to be involved as a presenter. The following dates are still available for those involved in importer security filing to attend:

Chicago, IL – Wednesday, September 23, 2009 (On-line Registration opens September 4, 2009)( Chicago Registration ) ( Chicago Cancellation )

Oakland/San Francisco, CA – Wednesday, September 23, 2009 (On-line Registration opens September 4, 2009)( Oakland/San Francisco Registration ) ( Oakland/San Francisco Cancellation )

Washington, DC - Friday, September 25, 2009 (On-line Registration opens September 4, 2009)( Washington Registration ) ( Washington Cancellation )

Norfolk, VA – Wednesday, September 30, 2009 (On-line Registration opens September 14, 2009)( Norfolk Registration ) ( Norfolk Cancellation )

Newark, NJ – Wednesday, September 30, 2009 (On-line Registration opens September 14, 2009)( Newark Registration ) ( Newark Cancellation )

ISF User Group Meeting 9-9-09

2009-09-09T09:50:00.000-07:00

TRG Direct just wrapped up another ISF user group meeting. With an outstanding attendence, our customers came prepared with great questions.

Download the audio from TRG Direct's user group meeting. As a teaser... here are a few questions that were asked today. Get the answers online!

"When I get a an acceptance for my Importer Security Filing and also the Bill of lading is on file, then the shipping line informs me that they left out the containers out of the vessel so the ETA and ETD will be different while the Bill of lading number will be the same, do I have to re-submit my ISF form because of the information that has been changed?"
"Can you please confirm that the carrier used in ISF is the vessel owner and not the owner of MBL."
"When creating an ISF and using an ISF template, can the template be updated from the ISF screen?"

Importer Security Filing

2009-09-08T09:37:00.001-07:00

Check out this SlideShare Presentation:

Importer Security Filing

View more presentations from Jena Leary.

ISF Trade Outreach Program Says FILE FILE FILE

2009-09-02T10:42:00.001-07:00

Mike Laden, President TRG Direct attended an East Coast CBP trade outreach program last week and reports that Customs says you must be filing. There are still so many skeptics out there saying that January 2010 will not be the deadline for ISF. However, Rich Dinucci has reported that over 2million ISFs have been filed and the trade is making progress.

One startling thing that has come up in a few conversations with importers is that the Customs Reauthorization Bill has language that hints that the ISF may be used for compartive purposes, such as the data being available to other Government Agencies for pre-screening purposes. At this point this is speculation so don't quote us on that. Just be aware.

Stayed tuned to keep updated on importer security filing or contact us with your ISF questions.

Easy Application Process for Direct Filing ISF

2009-09-01T08:37:00.000-07:00

TRG Direct will make the transition into self-filing ISF as easy as possible. As a direct filing importer you will simply need to provide us with a Power of Attorney (POA) and payment information. The POA is needed because you will actually borrow our filer code. Since ISF is not considered "Custom's Business" this is exceptable. Next, you can pay via credit card or ACH and you are ready to file.

The sign up process can be done online and we can get you set up in our system in less than 1 day.

Our ISF customer service line is available to our clients at no extra charge along with our monthly user group meetings. ***Another new addition to our customer service is our ISF customer service blog, Jamie Dinan our TRG Direct sales administrator updates this blog with new trends following importer security filing. Access this blog here (whether or not you are a TRG Direct filing customer).

World Customs Organization Conference 2009

2009-08-31T09:15:00.000-07:00

TRADE FACILITATIONIN A TIME OF ECONOMIC CRISIS

Preserving the Engine of Global Economic Growth

A two-day conference focusing on the future of facilitation for low-risk operators and the use of multilateral standards within the international supply chain.

This conference and exhibition will provide an ideal business opportunity to learn about the latest trade-related regulatory initiatives of the world’s major trading nations, whether under the banner of the WCO SAFE Framework, E-Customs, export control regimes, or Integrated Border Management.

Senior government officials, leaders of trade-focused advocacy groups from many countries, and corporate executives from six continents will exchange views on global trade initiatives, identify opportunities for innovation and positive change, and meet a global mix of potential partners and associates with a shared interest in trade facilitation, and improving effective cross-border regulation and supply chain management.

Learn from globally recognized experts, Share your views and experiences with key decision makers: let your opinion be heard!

We Look Forward to Seeing You in Seattle!For further details visit the conference

website:www.trusted-trade.net/en/world-customs-forum

ISF Vendor & Supplier Compliance

2009-08-25T07:59:00.000-07:00

Are you still contemplating how to establish and enforce the advanced data reporting requirements under Importer Security Filing? Like preparing for a 400-meter relay, good communication and training is imperative, especially with something like this that carries stiff monetary penalties or that could result in a “Do Not Load” message next January and requires significant change to the current methods in place for centuries. Is your supply chain ready to hand off your ISF baton?

Importer Security Filing Preparation

To reinforce the necessity for the ten (10) ISF data (excluding the bill of lading number, called the “phantom eleventh”) elements, we strongly suggests that you consider amending your purchase order or other contractual agreements used in the transaction to require the vendor or supplier’s compliance with ISF requirements. Some importers are also adding conditions to financial instruments like letters of credit. Placing such language in your contractual documents could prove to be a mitigating factor if CBP issues you a penalty for untimely or inaccurate data after January 2010.

We also suggest that you contact and closely coordinate activities with the ocean carriers, NVOCC’s and freight forwarders that participate in your import program. Meetings between your supplier base and the carrier(s) at origin should be implemented for purposes of ironing out new protocols and procedures for issuing the bill of lading number in advance. Most major ocean carriers (Maersk, APL/NOL, Evergreen, Hanjin, NYK, K-Line, OOCL and others) are well informed on ISF; therefore, if leveraged properly, their overseas offices can assist you with educating your vendor and supplier base. We recommend that you contact your US-based carrier representative and request their overseas offices engage problematic vendors or otherwise help you communicate this new requirement.

If your ISF baton is dropped between transfers, immediate disqualification may occur. Some importers are instituting vendor penalties through their vendor compliance programs to incentivize compliance and to help offset the potential cost of CBP penalties levied against the importer.

Suggested Notifications For Your Suppliers & Vendors

It seems that the two most troubling situations for importers right now are the inability to get the bill of lading number in advance and/or lack of suppliers and vendors.

If you are currently direct filing with TRG Direct, you can access these letters within your account under Resources. Suggested reading or attachments to your correspondence might include an Adobe copy of CBP Interim Final Rule (Federal Register Notice), copies of your new company polices or procedures, copies of other publications concerning ISF, and/or letters underscoring the importance and their support for the initiative from Senior Management.Our ISF direct filing customers are free to use our suggested language or some variation thereof for their company or particular situation in an effort to get compliance with their ISF program; of course, the tone can also be adjusted according to personal preferences and corporate culture.

Importer Security Filing Webinar

2009-08-24T13:00:00.000-07:00

TRG Direct offers a self-filing application for importer security filing. Join us in a discussion on the new requirements and learn how you can decrease your costs and increase your control by brining this in-house. We will demonstrate our ISF software and show you how easily you can file an ISF.

Register for TRG Direct's upcoming ISF webinar series. Advanced registration is required and can be done by following the links below.

August 26th 11AM CT https://www2.gotomeeting.com/register/160213243

Sept 2nd 11AM CT https://www2.gotomeeting.com/register/553106835

Sept 16th 11AM CT https://www2.gotomeeting.com/register/723325202

If you are unable to attend one of the times above, please contact Jena Leary, 847-756-7553 or jleary@trgdirect.com to schedule a personlized consult.

Importer Security Filing Background

2009-08-21T09:03:00.000-07:00

10+2 Importer Security Filing

For the 40% of importers subject to ISF, that have not been filing here is a background on the regulation.

The Importer Security Filing (ISF), also known 10+2, is a new US Customs and Border Protection (CBP) regulation requiring importers and vessel carriers to provide advance data elements electronically to CBP for non-bulk cargo shipments in-bound into the United States by vessel. The focus of this initiative is to improve CBP's ability to recognize high-risk shipments in advance to ensure the safety of America's borders. ISF went into effect January 26th 2009. As a resident or non-resident US importer, or as one of their suppliers, are you prepared to provide the required Importer Security Filing elements 24 hours prior to vessel lading? If you are not doing this today, you may be in non-compliance with the new requirements.

Importer (10)

Ship to Name & Address
Importer of Record #
Consignee #
6 Digit Commodity #
Manufacturer Name & Address
Seller Name & Address
Container Stuffing Location
Consolidator Name & Address
Buyer Name & Address
Country of Origin of the Goods

Carrier (2)

Vessel Stow Plan
Container Status Message Data

ISF Progress Reports l Second Round Released

2009-08-20T08:51:00.000-07:00

Barrington, IL, Aug. 24 /PRWeb/ -- The Importer Security Filing (ISF), also known 10+2, is a new U.S. Customs and Border Protection (CBP) regulation requiring importers and vessel carriers to provide advance data elements electronically to CBP for non-bulk cargo shipments in-bound into the United States by vessel. The focus of this initiative is to improve CBP's ability to recognize high-risk shipments in advance to ensure the safety of America's borders. The penalty phase of ISF begins January 2010. CBP is issuing progress reports periodically up until the final implementation date of ISF. These report cards are a way for importers to gauge the timeliness and accuracy of their ISF to date.

CBP has released the second set of Importer Security Filing (ISF) progress reports. These reports contain data ranging from 5/19/09 through 8/06/09 and was generated by CBP according to their criteria. TRG Direct, a leading provider of web-based software for ISF and consumption entry filing, noted that an importer’s progress with their importer security filing program prior to a violation will be a major mitigating factor come the penalty phase. Importers are able to request their ISF progress report direct from U.S. Customs or they will receive a copy from the party filing on their behalf. This report is helping many companies adjust their business processes as problems arise during this phase of ISF.

For those companies who have been hesitant to react to importer security filing, stiff monetary penalties will be the result. The mitigation guidelines were posted in Customs’ Bulletin & Decisions in mid-July. After the announcement of a $5,000 penalty for non-compliance, TRG Direct experienced a jump in new filers. Many importers that have relied on their broker or a different, less user friendly system have come to the company in hopes of increasing accuracy and timeliness of their ISF. Cost effective solutions that will help the importer to comply are available and importers can start filing right away. http://www.trgdirect.com/

Direct filing importers are working closely with their software providers, such as TRG Direct, to fully understand their progress report and determine what changes, if any need to be made. One such result from review of an Importer Security Filing report card is the implementation of vendor and supplier compliance programs. "It seems that the two most troubling situations for importers right now are the inability to get the bill of lading number in advance and/or lack of suppliers and vendors compliance," noted Mike Laden, President, TRG Direct, "In response we have created suggested notifications for our customers to use in correspondence with their overseas partners. We have seen quite an improvement by our filers".

About TRG Direct

Founded in 1991, TRG was ultimately committed to providing international traders the best possible option for U.S. Customs Bonds and Marine Cargo Insurance. After substantial growth, TRG recognized the need for a more economical option for importers to process their entry clearance. With that TRG Direct was born as a way for international traders to file their consumption entry with U.S. Customs in-house. Committed to addressing other needs of the industry, TRG Direct expanded its services to offer direct filing of ISF in addition to the entry.

TRG Direct consists of industry experts committed to developing related products that enhance the simplicity, safety and economics of international trading. The extensive background of the team consists of 25 years of Customs ABI development, 25 years underwriting Customs bonds and 30 years in supply chain security management. For more information, please visit http://www.trgdirect.com/.

Importer Security Filing: Direct Filing Program Proves Success with TRG Direct

2009-08-19T07:30:00.001-07:00

Importer Security Filing: Direct Filing Program Proves Success with TRG Direct

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Understanding Your ISF Report Card

2009-08-18T15:02:00.000-07:00

Importer Security Filing Progress Reports

U.S. Customs has released the second set of importer security filing report cards. This batch contains data from 5/19/09 through 8/06/09 and was generated by CBP according to their criteria. Please review your report carefully.

You will notice on this report that CBP has added a “Message Action” column that either shows “Add” or “Replace”. Add is the first ISF transmission which is measured as “accepted” or “rejected” –
Replace is any subsequent transmission again which is “accepted” or “rejected”. When reviewing your report you should also pay special attention to the Timeliness Performance. It is our opinion that if your company has a less than 50% timeliness rating, that some investigation is necessary and you should be working closely with supply chain stakeholders to improve processes and timely reporting of information.

The next TRG Direct User’s Group will continue to explore and discuss best practices among TRG Direct clients and the most recent series of reports. We encourage you to join us for these lively and informative sessions. The next User’s Group meeting will be held on Wednesday, September 9th at 11:00 am central time. Advanced registration is required and can be accomplished by visiting the following link:
https://www2.gotomeeting.com/register/288970082

If you have general questions concerning your report or the data contained in it please contact us at customerservice@trgdirect.com. If you have specific questions related to the report please contact CBP directly at progress_report@cbp.dhs.gov.

2009-08-11T07:49:00.000-07:00

CBP Trade Outreach - Register Today

CBP is hosting trade outreach events in various locations around the country to provide the trade community with an opportunity to learn more about the new Importer Security Filing and Additional Carrier Requirements (a.k.a. ISF/”10+2”) interim final rule. These events are intended to give the importing and filing community a basic understanding of how to fulfill the new requirements. Space is limited so please pre-register using the CBP on-line registration process.

http://www.cbp.gov/xp/cgov/trade/trade_outreach/09_outreach_schl.xml

August:Philadelphia, PA - Wednesday August 19, 2009 (On-Line Registration opens August 3, 2009)( Philadelphia Registration ) ( Philadelphia Cancellation )

Seattle/Tacoma, WA - Wednesday August 19, 2009 (On-line Registration opens August 3, 2009)( Seattle Registration ) ( Seattle Cancellation )

Boston, MA - Wednesday August 26, 2009 (On-line Registration opens August 10, 2009)( Boston Registration ) ( Boston Cancellation )

Houston, TX - Wednesday August 26, 2009 (On-line Registration opens August 10, 2009)( Houston Registation ) ( Houston Cancellation )

September:Baltimore, MD – Wednesday, September 02, 2009 (On-line Registration opens August 17,2009)( Baltimore Registration ) ( Baltimore Cancellation )

Long Beach, CA – Wednesday, September 02, 2009 (On-line Registration opens August 17,2009)( Long Beach Registration ) ( Long Beach Cancellation )

Miami, FL – Wednesday, September 09, 2009 (On-line Registration opens August 24, 2009)( Miami Registration ) ( Miami Cancellation )

Charleston, SC – Wednesday, September 09, 2009 (On-line Registration opens August 24, 2009)( Charleston Registration ) ( Charleston Cancellation )

Chicago, IL – Wednesday, September 23, 2009 (On-line Registration opens September 4, 2009)( Chicago Registration ) ( Chicago Cancellation )

Oakland/San Francisco, CA – Wednesday, September 23, 2009 (On-line Registration opens September 4, 2009)( Oakland/San Francisco Registration ) ( Oakland/San Francisco Cancellation )

Washington, DC - Friday, September 25, 2009 (On-line Registration opens September 4, 2009)( Washington Registration ) ( Washington Cancellation )

Norfolk, VA – Wednesday, September 30, 2009 (On-line Registration opens September 14, 2009)( Norfolk Registration ) ( Norfolk Cancellation )

Newark, NJ – Wednesday, September 30, 2009 (On-line Registration opens September 14, 2009)( Newark Registration ) ( Newark Cancellation )

Importer Security Filing Software Demo

2009-08-10T13:01:00.000-07:00

TRG Direct is a web-based importer security filing software. View this demonstration of our system or contact us today for a private demonstration of our system.

Or sign up for our FREE WEBINAR:

August 12th 11AM CT https://www2.gotomeeting.com/register/847719883

August 26th 11AM CT https://www2.gotomeeting.com/register/160213243

Sept 2nd 11AM CT https://www2.gotomeeting.com/register/553106835

Sept 16th 11AM CT https://www2.gotomeeting.com/register/723325202

10+2 ISF Webinar - Register Now

2009-07-28T07:26:00.000-07:00

Sign up for TRG Direct's Importer Security Filing Webinar

Next Available Dates:

July 29th 11 AM CT https://www2.gotomeeting.com/register/959358442

August 12th 11AM CT https://www2.gotomeeting.com/register/847719883

Space is filling up fast so register now!!

If you are unable to make these times, please call us (847-756-7553) to scheduled a personalized demonstration or view our online demo.

2009-07-23T12:50:00.000-07:00

Importer Security Filing Compliance

Are you still contemplating how to establish and enforce advanced data reporting requirements under Importer Security Filing? Like preparing for a 400 Meter Relay, good communication and training is imperative; especially with something like this that carries stiff monetary penalties or could result in a "Do Not Load" message next January and requires significant change to the current methods in place for centries. Is your supply chain ready to hand off your ISF Baton?

Importer Security Filing Preparation

To reinforce the necessity for the ten (10) ISF data (excluding the bill of lading, number called the "phantom eleventh") elements, we strongly suggest that you consider amending your purchase order or other contractual agreements used in the transaction to require the vendor of supplier's compliance with ISF requirements. Some importers are also adding conditions to financial instruments like letter of credit. Placing such language in your contractual documents could prove to be a mitigation factor if CBP issues you a penalty for untimely or inaccurate data after January 2010.

We also suggest that you contact and closely coordinate activities with your ocean carriers, NVOCC's and freight forwarders participating in your import program. Meetings should be initiated between your supplier base and the carrier(s) at origin for purposes of ironing out new protocols and procedures for issuing the bill of lading number in advance. Since most major ocean carriers (Maersk, APL/NOL, Evergreen, Hanjim, NYK, K-Line, OOCL and others) are well informed on ISF; therefore if leveraged properly, their overseas offices can assist you with educating your vendor and supplier base. We recommend that you contact your US based carrier representative and request their overseas ofices engage problematic vendors or otherwise help you communicate this new requirement.

If your ISF Baton is dropped between transers, immediate disqualification may occur. Some imprters are instituting vendor penalties through their vendor compliance programs to incentivize compliance and to help offset the potential cost of CBP penalties levied against the importer.

Suggested Notifications for Your Suppliers & Vendors

It seems that the two most troubling situations for importer right now are the inability to get the bill of lading number in advance and/or lack of cooperation by suppliers and vendors. To that end, TRG Direct has developed recommended notifications for TRG Direct filers to send to suppliers and vendors. If you are currently direct filing with TRG Direct you can access these letters within your account under Resources. Suggested reading or attachments to your correspondence might include an Adobe copy of CBP Interim Final Rule (Federal Register Notice), copies of your new company policies or procedures, copies of other publications concerning ISF, and/or letters underscoring the importance and the support for the initiative from Senior Management.

Our ISF direct filing customers are free to use our suggested language or some variation thereor adapted for their company or particualr situatio in an effort to get compliance with their ISF program; of course the tone can also be adjusted according to personal preferences and corporate culture.

Sign Up Today!

2009-07-21T09:02:00.000-07:00

We are nearing the 11th hour of Importer Security Filing. The mitigation guidelines were published in Cusoms BUlletin & Decisions on July 17th. At this time reality is setting in for many importers who have not prepared for this very serious regulation with stiff monetary penalties.

6 Months Down 6 More To Go

Rich DiNucci, Director, Secure Freight Initiative, recentrly presented statistics on the industry's compliance over the first six months of the ISF implementation phase. Customs and Border Protection has received 1.4 million ISFs from 57,000 importers. Of these fiings 46% have been timely. Is your company on of the 57,000? If so, keep it up, CBP will recognize your effort and you will be rewarded. If not, call TRG Direct today and we can get you set up with an ISF direct filing program within days. Face the facts, your progress during this probationary period will be a factor next January when fines/penalties come into play.

ISF Liquidated Damages

Four factors that may cause a loss of integrity in the ISF may result in liquedated damages. These include; failure to submit, late submission, failure to update or failure to withdraw. Penaltry amounts will be assessed as $5,000 per ISF transmission up to $10,000. The first and second vioations made by the company may be forgiven for less than the $5,000 penalty.

6 Mitigation Factos

There will be six mitigation factors used to determine the strength of the liquidated damages and whether or not the penalties are dismissed.

1. Progress of the importer's ISF program,
2. Percentage of ISFs containing violations,
3. Tier 2 & 3 C-TPAT members will receive consideration up to 50%,
4. Action taken by the importer after a violation has occurred,
5. Circumstances beyond the importer's control,
6. Inaccurate information received by another party within the supply chain.

It's Not Too Late. Your ISF Solution is Here.

Become a direct filing partner with TRG Direct to take control of your ISF. We can get you up and filing within days and help guide you through this new regulation. Let us help you develop a successful direct filing program and prove to CBP you are committed to compliance. Not only is TRG Direct the most user friendly system available, you can filed your ISF for onloy $3 - $5.

Importer Security Filing for Carnets

2009-06-11T14:35:00.000-07:00

A quick blurb on Importer Security Filing for Carnets

As of January 26th, 2009, if you have goods moving by ocean transport on a future carnet, or goods returning to the US on an already-issued carnet, you are required to make an Importer Security Filing prior to re-import into the U.S. The Importer Security Filing (ISF aka 10+2) requires certain shipment data to be provided to CBP 24 hours prior to the goods being loaded on the ship departing the overseas port and bound for the U.S.*

ISF Solution for Carnet Users:

Corporation for International Business offers an ISF Direct-Filing Module. Using the ISF Direct-Filing module will allow carnet holders to provide the required information directly to CBP for a modest fee, without using the services of an agent, Freight Forwarder or, Customs House Broker. Contact the ISF Carnet HelpLine at 877-227-6387 for additional information.

For more information contact the Corporation for International Business, a partner in TRG Direct.

Importer Security Filing Report Cards

2009-06-04T13:02:00.000-07:00

It´s graduation day January 2010 where do you find yourself? Has U.S. Customs voted you valedictorian, a roll model to all ISF filers, or will you be sitting in the stands watching your colleagues receive their diplomas? If you haven´t been putting forth your good faith effort to file your ISF you will be starting back at square one fighting to catch up.

ISF Report Cards - Click here to see an example.

U.S. Customs is providing ISF report cards to importers who request them. This is to be used as an educational tool for reflection on the ISFs filed by the importer. Since we are still in a non penalty phase ISF filers should be using this report to understand the timeliness and accuracy of their filings. I suggest importers take of this offer to help yourself prepare for graduation. To register for your ISF report please send an email to U.S. Customs at progress_report@cbp.dhs.gov.

The email should include:
Filer´s corporate name
Filer code used for filing ISF
Point of Contact
Point of Contact´s telephone number

If you are a self filer, filing under another company's filer code, the ISF system administrators should have requested this on your behalf. There´s Still Time to Flip Your Tassel & Self FileI mporter Security Filing has been in effect for 4 months now. Many ISF self-filers have been filing ISF since day 1. There is still plenty of time to start filing before the penalty phase begins. Most systems can get you up and filing in less than 2 days. Whether you decide to direct file or not, you should weigh all your options. Just like choosing which college university to attend after graduation you want to pick the right option for you.

Pushing It - Advanced Placement Classes for ImportersNow that your filing your ISF you can save even more time and more money on your consumption entry. Using the same system to file both entries you can "push" the repetitive information from your ISF to your consumption entry. Systems like TRG Direct have added this ability to filter information for thier customers. Once you file your ISF in-house, why not file the shipment´s consumption entry as well?

TRG Direct Website Got a Makeover

2009-05-21T09:11:00.000-07:00

TRG has been growing fast especially with the new Importer Security Filing regulations only 8 months away from implementation. With this quick growth TRG Direct decided to get a new look. The website design was done by 123 Triad, a company based in North Carolina. The look is modern and fun. But, don't let that fool you. The website is content rich with tons of useful information on importer security filing and direct filing.

Go check it out and let us know what you think. Maybe you'll like it so much you'll just have to start direct filing with us. Suggestions are always welcome. Soon enough the TRG website will be revamped too!

Importer Security Filing & Your Good Faith Effort

2009-04-10T09:23:00.000-07:00

10+2 Importer Security Filing has been under way since January 26th and U.S. Customs expects as an importer (of ocean cargo) that you are putting forward a "good faith effort" to file. A good faith effort can be defined in many ways. In this case you should be filing. Even though we are in a non penalty phase, filing now will help your company avoid the $5,000 non compliance penalty come Jan 26th 2010. The costs of filing this year will not compare to the costs of penalties next year.

So what has the industry been seeing?

The actual implementation of Importer Security Filing didn´t cause a much of a disturbance to those who put their best foot forward and filed away. What some importers did notice was that there were a few errors with matching the bill of lading. Yes, the bill of lading is required in order to match the importer´s ISF with the carrier´s ISF.A semi-tricky part to the entry is data collection. Making sure you have the information you need 24 prior to vessel lading.

How are importers filing?

Web-based ISF systems allow you to set up your vendors with certain rights in your account where they can actually enter their portion of the data. This makes it easier to collect everything you need and stores the information in the ISF until it ready to be sent to Customs for review. How do importers file?There are many programs available for importers to file their ISF. Not all but many are extremely economically priced. Systems such as TRG Direct offer a Web-based solution that doesn´t but an economic strain on companies who are learning how to file.

Search google.com and you will see just about every 10+2 ISF solution competitor. Simple research and a demonstration of the system will show you exactly which application is best for you. Maybe you don´t expect to file many ISF, let´s say less than 50 a year. In this case it probably is better to leave this to your U.S. Customs broker. Wait, as long as they aren´t charging you a heinous amount for each ISF or applying large set up fees. Because the truth is an ISF filing is not that difficult. Now that the industry has a taste of ISF, we see it´s really not so bad. That is as long as you aren´t over paying for this transaction.

Importer Security Filing: Two Birds One Bond

2009-01-07T09:16:00.000-08:00

Importer Security Filing is fast approaching. By now you should be familiar with 10+2 filing requirements and have a plan in place to comply with U.S. Customs this coming January. Beyond the filing requirements what does this mean for U.S. Customs bonds?

After the one year informed compliance period of importer security filing ends, Customs and Border Protection will begin enforcing compliance in the form of liquidated damages. These damages will be $5,000 for each ISF violation.

Kill Two Birds With One Bond

Importer Security Filings will be secured with a continuous bond. The following bonds have been amended to cover these requirements. For the first year of implementation fines and penalties will not be assessed to the bond. An increase in the Customs bond is not required at this time. After CBP’s structured review of importer security filing bonding requirements may be amended.

◦ Import bonds
◦ Custodial bonds
◦ International Carrier bonds
◦ FTZ Operator bonds

CBP has also issued a new bond referred to as the Importer Security Filing bond. This continuous bond will also cover ISF entries.

Do You Still Import Using Single Entry Bonds?

Those importers who continue to import using single entry bonds will need to purchase the new continuous ISF Bond. TRG offers the most economical solution for Importer Security Filing to those companies importing under single entry bonds. Purchase one continuous bond to cover BOTH the ISF filings and the consumption entries.

TRG has created a presentation outlining 10+2 Importer Security Filing. Download your complimentary copy and stay informed.

TRG provides wholesale pricing on U.S. Customs bonds. By obtaining your import bond from TRG, you will benefit from a staff of experienced and knowledgeable administrators, underwriters, and customer service specialists to keep your bond accurate and in good standing with U.S Customs.

How do I Apply for a continuous U.S. Customs bond?
Contact Sarah Braun, at (847) 756-7531 or apply online at http://www.traderiskguaranty.com/

Importer Security Filing and U.S. Customs Bonds

2008-12-22T11:51:00.000-08:00

Importer Security Filing is fast approaching. By now you should be familiar with 10+2 filing requirements and have a plan in place to comply with U.S. Customs this coming January. Beyond the filing requirements what does this mean for U.S. Customs bonds?After the one year informed compliance period of importer security filing ends, Customs and Border Protection will begin enforcing compliance in the form of liquidated damages. These damages will be $5,000 for each ISF violation. Importer Security Filings will be secured with a continuous bond. The following bonds have been amended to cover these requirements. For the first year of implementation fines and penalties will not be assessed to the bond. An increase in the Customs bond is not required at this time. After CBP´s structured review of importer security filing bonding requirements may be amended.Import bondsCustodial bonds International Carrier bondsFTZ Operator bonds CBP has also issued a new bond referred to as the Importer Security Filing bond. This continuous bond will cover all ISF entries. You can purchase any of the above U.S. Customs bonds directly from a Surety agent. Many companies purchase their bonds through a Customs broker. This is not the most cost effective way. A U.S. Customs bond is a universal product. Single entry bonds are only good for one transaction with U.S. Customs and are good at one port. Continuous bonds are good at any port. As an importer you own your bond and may purchase it any way you choose.TRG has created a presentation outlining 10+2 Importer Security Filing. This presentation takes a more in depth look at the ruling.

Get Your C-TPAT on the Back From US Customs with help from TRG

2008-08-29T13:41:00.000-07:00

Founding members of TRG Direct and experts in supply chain security, Mike Laden and Kelby Woodard, joined Custom’s team to develop C-TPAT.

Uphold the integrity of global supply chain security. In a post 9/11 world the trade community has been witness to numerous hurdles affecting the import processes made known by Customs and Border Protection. Constant implementation and modification of import compliance laws such as the Mod Act and the possible implementation of 10+2 has left importers searching for ways to offset the costs associated with these hurdles. C-TPAT is a voluntary initiative creating cooperative relationships between all links of the international supply chain and improving the security of our U.S. Borders. Through this initiative importers are asked to communicate and verify their supply chain practices with Customs (as well as their business partners) in exchange for benefits.

Are you recveiving these benefits?

A reduced number of CBP inspections resulting in less border delay times
Front of the line priority processing when possible on CBP inspections
Assignment of a C-TPAT Supply Chain Security Specialist who will work with the company to validateand enhance security throughout the company’s international supply chain
Potential eligibility for ISA-Importer Self Assessment
Eligibility to attend C-TPAT supply chain security training seminars
A better understanding of and a more secure supply chain

CBP plans to validate all C-TPAT members. This is not an audit, it is merely a formal review of the importer’s supply chain security. The validation process should be complete by the third year of participation in the program if not sooner. It may take up to 2 weeks to complete the review so validations are initiated based on the importer’s level of risk. In order to retain your membership you must demonstrate a commitment to enhancing supply chain security through both procedural and physical security requirements. Once the validation process is complete, CBP will provide a report with their findings. If weaknesses are found the company’s benefits may be suspended or removed. Importers with the highest commitment to the integrity of their supply chains may receive an increase in benefits.

For more information visit: www.traderiskguaranty.com

10+2 ISF: Are you ready?

2008-08-01T14:14:00.000-07:00

10+2 Importer Security Filing is a proposed rule by Customs and Border Protection which requires that importers or their agents and carriers transmit additional data elements to CBP for non-bulk cargo 24 hours prior to vessel lading; 10 from the importers and 2 from the carriers. 10+2 Importer Security Filing is proposed to have its final ruling in the coming months. Below is a best guess estimated timeline based on information provided by CBP as well as a list of the additional data elements Customs will require the importer to file. Until the final ruling is passed, there are many unknowns and speculations as to how the ISF will catapult changes to many of the other areas in the trade community.
The approval and implementation of 10+2 is just around the corner, but we are going to make this easy for you! TRG Direct is YOUR solution. Brokers will be increasing their fees with the new data element requirements even though you will still be the one providing them with the information. Since you (the importer of record) are ultimately responsible, NOW is the time to take control of your import compliance.
YOU are ultimately liable for the accuracy of the data transmitted to customs
YOU provide your broker with the information to file the entry
YOU have the legal right to file your entries without the added cost of a customs broker
YOU need to take control of your import integrity
Contact us for more information!

www.TradeRiskGuaranty.com