On that date, U.S. Customs and Border Protection is expected to hold firm to its requirement for classification of all goods entering the United States valued under $2,000.
Current regulations allow the classification details for merchandise valued at less than $2,000 to be sent to Customs up to 10 days after shipments are released.
“Under the new requirement, the tariff classification of all items in a shipment, even those valued as low as 50 cents, must be determined and submitted to Customs before they will be released,” said FedEx Trade Networks Transport & Brokerage in a notice to its customers Friday.
“When goods cannot be classified quickly due to a lack of information, not only will the shipment at hand be delayed, but others queued up behind it might be also,” FedEx Trade Networks said. “Delays can mean late deliveries, lost sales, and higher transportation and handling goods for importers.”
The Northern Border Customs Brokers Association has asked Customs to reconsider how the regulation is implemented. Customs insists that the information is needed for security purposes.
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