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International Carrier Bonds Are on the Rise
This bond ensures operators properly manifest all goods and passengers they carry, pay for the overtime services of Customs officers and comply with all regulations related to the clearance of their vehicles.
All commercial carriers, including Part 135 charter for hire operators, arriving directly or indirectly in the United States from foreign countries or departing the United States for foreign destination by vessel, vehicle, or aircraft, are required to have an approved International Carrier Bond on file with Customs and Border Protection. Application should be made per the following instructions prior to submission of a Customs Form 301.
Managing the Risks of International Trade
Marine Cargo Insurance covers the loss, damage or theft of goods while in transit. Direct losses are only the tip of the iceberg as indirect losses are even more drastic to your company’s bottom line. Managing direct losses will help offset the effects of indirect losses.
Why get a Quote for your Import Bond?
Many people we speak with are unaware that the Customs import bond is the same no matter where it is purchased. Until now they have probably obtained their bond through their broker. They are then overcharged for this continuous bond year after year, not knowing there are ways to cut costs.
Importer Security Filing (ISF) Bond
Do hold one the continuous customs bonds required to file your ISF? Most likely you have in place the bond needed to cover the ISF, unless you are importing using single entry bonds.
Does a Customs Bond Renewal Occur Every Year?
You can purchase a customs bond through TRG and pay for a multi-year term. Many importer don’t know that a continuous import bond, is actually continuous with US Customs. The reason they believe this is because the Surety has an annual billing process. Contact TRG for more information 800-685-6082.
Anti-Dumping & Countervailing Duty: Research By Josh Froberg of TRG
Anti-Dumping and Countervailing Duties are duties that are levied by US Customs in ord
Anti-Dumping & Counterveiling Duty Research by Josh Froberger to level the playing field. This is considered a “Priority Trade Issue” and is meant to allow fair trade and deter unfair trade. Dumping is defined as selling at a price below fair value, and Countervailing is defined as a foreign government subsidizing its industry that exports to the United States. There is an extensive process in the investigation, reviewing and enforcement of Anti-Dumping and Countervailing Duties.
Continuous Customs Bond, Learn the Basics
If you currently import using single entry bonds, see what you are paying per single entry bond. It might be in your best interest to get a quote from TRG on a continuous customs surety bond.
What Type of Customs Bond Do I Need?
Most importers know they have a continuous customs bond on file in order to bring goods into the U.S. However, some are not quite sure why they need the customs bond, what type of customs bond they...
Get a Customs Bond Quote for Your Company Today
Did you know that you can get a Customs Bond quote for your business directly from Trade Risk Guaranty's website? Well, you can! All you need to know is the bond type and the size required for your...
Free Entry Monitoring with a Customs Bond
As a participant in today’s ever-changing international trade environment, it is in your best interests to have current, accurate, private and easily accessible information regarding your import...
Customs Bond Testimonials
We love empowering importers through our competitive pricing and matchless customer service. Check out these Customs Bonds testimonials from TRG clients below. Since 1991, Trade Risk Guaranty has...