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
Showing posts with label TRG. Show all posts
Showing posts with label TRG. Show all posts
Thursday, June 16, 2011
Wednesday, February 16, 2011
Trade Risk Guaranty (TRG) Opens Second Location in Bozeman, Montana
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.
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.
Tuesday, February 15, 2011
5 Things to Know About Harmonized Tariff System (HTS) Classification
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.
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.
Tuesday, December 21, 2010
TRG Launches Low-Cost Web-Based HTS Classification Tool for U.S. Importers
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
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
Wednesday, November 17, 2010
TRG Is Hiring Lead Developer Positions
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
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
Monday, November 15, 2010
Import Bond Questions of the Day
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.
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.
Friday, November 12, 2010
Trade Risk Guaranty (TRG) Attends 2010 MSU Homecoming Events
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.
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.
Tuesday, October 19, 2010
Trade Risk Guaranty (TRG) Teams up with the Bozeman Chamber of Commerce to Find Talented Sales Reps
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.
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.
Tuesday, October 12, 2010
Cargo Theft Reports l What’s Your Risk?
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
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
Monday, September 20, 2010
TRG Hosts Bozeman Gold Toastmasters Club
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
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
Tuesday, January 19, 2010
Richard DiNucci Attends TRG Direct User Group
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.”
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.”
Tuesday, November 3, 2009
ISF Software User Group Meeting
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!
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!
Tuesday, October 27, 2009
CBP ISF Trade Outreach is Overseas
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.
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.
Monday, October 19, 2009
ISF Direct Filing Customer Service Blog with Jamie Dinan
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.
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.
Wednesday, October 14, 2009
CBP Trade Symposium with Host Session on ISF
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.
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.
Thursday, October 1, 2009
First Vendor Webinar a Success
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.
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.
Monday, December 22, 2008
Importer Security Filing and U.S. Customs Bonds
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.
Friday, August 1, 2008
10+2 ISF: Are you ready?
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
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
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