CBP TO INCREASE LIQUIDATED DAMAGES ASSESSMENTS

  In recent discussions with the International Trade Surety Association (ITSA) and Customs Surety Executive Committee (CSEC), CBP stated that they are mandating a significant change to the calculation of final mitigation on liquidated damage claims (LD) when petitions are untimely. Click here to view…

CBP SETTLES FINE WITH UNION PACIFIC RAILROAD

WASHINGTON, D.C. – U.S. Customs and Border Protection (CBP) today announced its decision to mitigate penalties against Union Pacific—requiring the company to spend $50 million on supply chain security to directly enhance the Mexico and United States rail supply chain.   “The facilitation of trade…