The primary fixes involve making the in-bond process electronic and tightening up procedures to better track merchandise and prevent diversion. In the past, CBP has had difficulty ensuring that in-bond merchandise is properly entered and duties are paid, or that it is exported.
Goods that travel through U.S. territory and are exported without entering domestic commerce do not require payment of duties.
The proposed rule would require carriers or their agents to file electronic, instead of paper, in-bond applications. The application would also require additional information, including the six-digit Harmonized Tariff Schedule number, if available, and information related to the safety and security of the goods. The rulemaking attempts to establish a 30-day maximum to transport merchandise under bond between U.S. ports for all modes.
Carriers would have to electronically request permission from CBP to divert from the intended destination port to another port. They would also have to report the arrival and location of the merchandise within 24 hours of arrival at the destination port of entry.
CBP has opened the docket for public comments, which must be filed by close of business on April 23. — Eric Kulisch
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