There are many acronyms to know in the international trade world. Some of the most important acronyms to know in the international trade world are in the following list. For a complete list of...
International Trade Acronyms
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Cargo Theft – Keep a Watchful Eye this Thanksgiving
The holiday season can mark an increase in the risk of Cargo Theft during a company's supply chain. It is important to watch out and be prepared in order to protect your goods and your investment....
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...
Cargo Risks: From the High Seas to the Home Front
You may be surprised to learn that the home-field advantage doesn’t really apply to the U.S. Of course, risks also exist on the high seas. Containers and their goods are damaged every day while in...
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Trade Risk Guaranty has invested in software that connects with U.S. Customs’ database allowing us to download proprietary and highly secured information. Access to Entry information is available...
Resources for the International Trade Community on CBP’s Website
At TRG we are continually accessing Customs & Border Protection’s website to remain up-to-date on regulations and provide our customers with timely information on Customs compliance. CBP.gov is a vital resource to the International trade community. Anyone can access information straight from the source by using search capabilities or easily identifying a legitimate point of contact. The wealth of information available coincides with CBP’s mission to enable importers and exporters to comply with administration’s regulations.
How do I know when by Customs bond expires?
A continuous Customs bond remains on file until the surety or broker puts in a termination notice with U.S. Customs. Did you know you can access your bond information, liquidated damages, supplemental duties at any time using Eagle Eye?
What if I purchase the continuous bond with a multiple year option and your company goes out of business?
What happens if a surety goes out of business? Specifically for Customs bond holders?
Monitor Your Customs Entries for Free with TRG’s Eagle Eye
Have you ever wasted time and resources trying to answer one of these important questions?
Do I owe any duties to Customs?
Which entries have not liquidated?
How much duty did I pay last year?
Which of my entries are suspended?
TRG Provides Continuous Customs Bonds for Importer Security Filing
TRG’s Customs bond division has opted to continue to only provide the amended Continuous bonds for Importer Security Filing. Customs and Border Protection allows for ISFs to be secured by single entry or continuous bonds.
Is a Continuous Bond Needed to Cover My ISF?
Purchasing a continuous Customs bond that has been amended to cover ISF is going to be your most economical option. If you will be importing at least two times during the course of 12 months you should apply for this bond no later than 2 weeks prior to you first shipment leaving the foreign port.
How Does My Customs Broker Know I Placed My Own Bond?
How will my broker, or all my brokers, know that I have a new bond?
At your request, TRG will notify your broker(s) of your new continuous bond information including Bond Number, Effective Date, Surety Code, and Importer Number.