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Best Practices Logistics: Bonding Issues for Exporters (Canada) Mobile App

The Best Practices Logistics Bonding Issues for Exporters (Canada) mobile app includes a helpful set of guidelines for Canadian shippers of exports to the US.

Easily accessible from any smartphone or tablet, the freight forwarding and logistics company bonding app helps ensure that companies in Canada can successfully participate in international trade of goods and services. The app covers cross-order trade requirements, customs agents requirements and more.

  • Lendlease
  • The Cooperative
  • PG&E
  • oxy
  • Red Bull
  • Mirvac

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Take a peek inside the Best Practices Logistics: Bonding Issues for Exporters (Canada) Mobile App

Included Features

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Included Fields

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    Customs Bonds and Legal Liability

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    Agents.

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    Essentially, the US Border Agent would maintain a bond with US Customs as a guarantee that all du...

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    As history, in 1993, the United States introduced the MOD Act to address the liability of importe...

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    As agents for the importer, US customs brokers are facing an ever-increasing risk of liability fo...

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    In addition, in response to the higher volumes of import traffic into the United States, new US l...

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    Insurance risk and premiums have also risen under the increased enforcement initiatives of the US...

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    The legal and financial liability for US customs brokers has never been greater.

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    Changes to Bond Usage Guidelines

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    In response to this increased liability exposure, US Border Agents no longer enter goods from Can...

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    Forwarder clients and to ask that the Canadian exporter take full responsibility for bonding.

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    Your Bonding Options for US-Bound Exports

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    Attorney agreement with a USA Border Agent.

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    Customs Service to appoint the agent to deal directly with US Customs authorities on your behalf.

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    In terms of the requirement for a customs bond, you have two basic options, which are detailed be...

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    Option #1 Purchase of a Single Entry Bond (also called a transaction bond)

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    Entry Bond in the Shipper's name.

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    Option #2 Purchase of a Term Bond (also called a Consumption or Continuous Bond)

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    Clients shipping large volumes at higher values have the option of purchasing a term bond, which ...

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    Alternatives As an alternative to having you, the exporter, assume all responsibility for clearin...

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