National Customs Brokers and Forwarders Association of America plans a webinar at 1 p.m. ET Dec. 13 on changes affecting the regulation of property brokers & surface freight forwarders as a result of the Transportation Bill signed this summer. It said the bill includes language affecting the regulation of property brokers, domestic freight forwarders and trucking firms. They include new registration and licensing requirements, and a 750 percent increase in the minimum amount of the property broker's bond. Additionally, surface freight forwarders will need to post a similar $75,000 bond. Learn how and why these changes came about, and gain a perspective on the statutory changes and the general underwriting environment for these bonds.
Dec. 10-11 Practising Law Institute seminar on Coping with Export Controls 2012, Ritz Carlton, Washington, D.C. -- http://www.pli.edu/Content/Seminar/Coping_with_U_S_Export_Controls_2012/_/N-4kZ1z132fy?ID=144274
CBP issued a notice announcing that hundreds of Customs broker licenses are revoked by operation of law, without prejudice, for failure to file the 2012 triennial status report and applicable fee.
International Trade Today is providing readers with some of the top stories for Nov. 19-23 in case they were missed.
Dec. 3 Judicial Conference of the Court of International Trade, Millennium Broadway Hotel, New York, N.Y. -- http://www.cit.uscourts.gov/Judicial_Conferences/17th_Judicial_Conference/17th_Jud_Conf_Index.htm
The government of Canada issued the following trade-related notices for Nov. 30 (Note that some may also be given separate headlines.)
A Mexican drug trafficking organization has been declared a drug kingpin, and a San Diego customs broker will spend eight years in prison, in connection with a scheme to illegally import and distribute ephedrine for use in making methamphetamine, said Immigrations and Customs Enforcement. The customs broker, Antonio Gonzalez of San Diego and Tijuana, Mexico, also forfeited most of the $4 million seized in the investigation. Gonzalez was sentenced in 2011.
Statutory Changes for Part 111 Rewrite Hoped to be Avoided, but 'Yet to be Decided,' Says CBP's Gina
The need for Congressional action as part of CBP's rewrite of regulations for customs brokers hasn't been decided, said Al Gina, CBP Assistant Commissioner in the Office of International Trade. Gina discussed the CFR 19 Part 111 rewrite with reporters following the CBP East Coast Trade Symposium Nov. 28. The agency is in the early stages of revising its regulations to reflect changes to customs filing and business practices. Statutory changes through legislation would likely slow some of the changes to the regulations.
House Ways and Means Trade Subcommittee Chairman Kevin Brady (R-Texas) hopes to see movement on two major pieces of customs-related legislation by the end of the year, he said at the CBP East Coast Trade Symposium Nov. 27. Brady hopes to introduce a customs reauthorization bill this year and expects a miscellaneous tariff bill (MTB) “shortly,” he said.
CBP posted details on how to apply to participate in its reconciliation prototype. It said applicants should include the following information in their written application: