The agency's in-bond program allows certain cargoes to be transported from the first port of arrival to another U.S. location for customs clearance or for exportation. The program is used by many importers.
The Government Accountability Office said CBP 'collects little information on in-bond shipments and performs limited analysis of data that it does collect.'
The GAO report noted that the in-bond program problems continue despite numerous program reviews and audits.
'The major weakness is that CBP does not adequately monitor and track in-bond goods,' the GAO report said. 'In particular, it does not consistently reconcile in-bond documents issued at the arrival port with documents at the destination port to ensure that the cargo is either officially entered with appropriate duties or quotas applied, or is in fact exported.'
The failure of CBP to reconcile leaves in-bond shipments in an 'open' status. One CBP port reported that 77 percent of its in-bond transactions were open, the GAO report said.
The GAO believes that CBP's failure to improve its oversight of in-bond shipment leaves the program vulnerable to security breeches.
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.
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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