The coalition, yet to be named, will focus on developing legislation next year which may replace the 1993 Customs Modernization Act.
“We need to change Customs laws to make them more efficient, modern and effective,” said James P. Finnegan, manager of international trade and compliance for Sony Corp. and president of BACM. “Customs can’t do it alone. Congress can’t do it alone. We need to do it together.”
The National Customs Brokers and Forwarders Association of America has said that it will join the coalition. The American Association of Exporters and Importers, Joint Industry Group and the Customs and International Trade Bar Association have until the end of the month to join. “You’re either in or on the sidelines,” Finnegan said.
BACM, which comprises 22 of the country’s largest importers, was formed last year with the eye to modernize Customs’ import processes and procedures.
Finnegan said the newly formed industry coalition will likely communicate its “unified” views on a designated Internet Web-site, but the coalition members still have to decide on that.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now