The Quest

January 2011 - Issue 70

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CBP COAC Meeting
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Sept. 18-23
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Sept. 18-23
FIATA World Congress
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Sept. 20-21
Canada Maritime Conference
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Oct. 13-16
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Inside this issue:
CBP updates 301 bond form
In July 2011, CBP issued an update to its 301 form, the multipurpose document used to issue Customs Bonds... read more

New bill proposed to fight fraud in trucking
A new bipartisan bill was introduced in the House of Representatives to fight fraud in the trucking industry... read more

Ways to red-flag fraud, by Andrew Spector, Esq.
During the course of evaluating any cargo claim, itís important to understand the framework of the buyer/seller dispute... read more

Report identifies cargo theft trends
In a new report, the NICB identified 747 incidents of cargo theft in 2010, totaling more than $171 million... read more

China proposes increase in FMC optional bond rider
The Chinese MOT is proposing to increase the amount of the optional rider that licensed NVOCCs in the United States obtain when they wish to ship goods to or from China... read more

Updates on liquidated damages for Periodic Monthly Statement
In June 2011, CBP issued CSMS #11-000114 to advise of an increase in PM Statement late payment penalties... read more

CBP updates mitigation guidelines for advance cargo information violations
CBP has amended its 2005 mitigation guidelines regarding penalties involving advance electronic cargo information... read more

U.S. government urges companies to strengthen Internet security
Online transactions are estimated at $10 trillion annually and growing, but the risk of using the Internet to conduct business is rising too, according to the U.S. Department of Commerce... read more

Trucking associations ask NHTSA to examine truck crashworthiness standards
The ATA and the OOIDA have sent a joint letter to the NHTSA, asking the agency to research and analyze crashworthiness standards for commercial trucks... read more

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The Quest newsletter is published quarterly and is designed to provide critical information to the transportation and logistics industry. Subscribers to The Quest also benefit by receiving policy change notifications, special industry information bulletins, and notifications of upcoming conferences. Avalon Risk Management is not responsible for the accuracy or reliability of information contained herein. The reader/user assumes all risk in the use of such information. Privacy Policy

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