Feb 2005 | Issue 50


New Quest Archives:

>Visit the Quest Archives on our website to view prior versions

In This
Issue:

>Clarification to ACH:
Transmissions due by the 10th day

>C-TPAT Update:
No longer required for ACE/Green lane to appear

>CBP Issues Current Bond Formulas:
Only for Activity Code 1 continuous bonds

>CBP Issues Latest News:
Duplicate bond files, lack of compliance with 19CFR 113.23, and terminate and replace bond scenarios

>Truck News:
ACE Truck Manifest, TSA begins background checks on hazmat drivers, May 1st for FAST registration, proposed rulemaking for HOS

>Claims Corner:
Norfolk vs. Kirby - Important limited liability case

Events Calendar:

Feb 14-18, 2005
NBCBA - Riu Los Cabos, Mexico

Feb 16, 2005
NAFTZ - Washington, D.C.

Mar 6-8, 2005
AirCargo 2005 - San Diego, CA

Mar 13-17, 2005
NCBFAA Annual Conference - San Diego, CA

Mar 31-Apr 2, 2005
TIA Annual Convention - Miami, FL

Mar 31-Apr 2, 2005
Mid-America Trucking Show - Louisville, KY

Apr 6-8, 2005
CONECT - Providence, RI

Apr 28-30, 2005
North American Truck Show - Boston, MA

May 17-19, 2005
IACC - Houston, TX

May 22-23, 2005
NAFTZ Spring Conference - Chicago, IL

Clarification to ACH
Transmissions due by the 10th day

As issued by Sherri L. Hoffman, CBP, Chief, Entry and Drawback Management:

The transmission to CBP must be complete by the 10th day regardless of method of payment. All summaries and payments are still due on the 10th day. The additional 2 days, to the 12th day, is simply for CBP to pull the money for ACH payors. The legislation makes the process that we have always had with ACH legal. There truly is no difference to the trade and it doesn’t matter what method of payment you are utilizing. The data still must be transmitted to CBP by the 10th day or they are late.

For further information, please contact your local Avalon office or Wanda Sample, Marketing Manager at Avalon’s corporate headquarters. Wanda Sample can be reached at her direct line: 847-700-8151 or via email at wsample@avalonrisk.com.

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