If the new U.S. Treasury secretary isn’t aware of the industry’s efforts
to fund Custom’s future umbrella system, he will soon.
The Coalition for Customs Automation Funding, a group of about 200
companies and industry associations, is drafting a letter to newly
appointed Treasury Secretary Larry Summers outlining the critical need to fund Customs’
Automated Commercial Environment.
The group also wants to ensure that funding is available to keep
Customs’ 15-year-old Automated Commercial System alive while the new system is being
built.
"Your leadership on this issue, Mr. Secretary, can ensure that a
catastrophic failure of the current system — with it’s impact on both
Treasury and the U.S. economy — does not occur," the draft letter said.
So far, about 80 presidents and chief executive officers of mostly
retail and manufacturing firms have signed the letter, said the coalition’s
executive director Robin Lanier.
The letter is expected to be sent to Summers’ office next week.
Brokerage Compliance Symposium
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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.
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