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Season’s Greetings!

Our offices will close at 1pm on Friday, December 21st and remain closed for the Christmas Holiday on December 24th and 25th. We will resume normal business hours on Wednesday, December 26th. Happy Holidays! 

2019 NCBFAA Scholarship Program Is Now Open and Accepting Applications

Last updated on December 13th, 2018The National Customs Broker and Forwarder Association of America (NCBFAA) offers a $5,000 scholarship award to students intending to join the trade industry. The award is presented to the winner at the NCBFAA annual conference. Roanoke is delighted to once again sponsor this meaningful competition and each year we look forward to sharing in the excitement of the winner. Here’s what our 2018 winner, Ashley Mosier, had to say about the program: “I would love to thank Roanoke Insurance Group! This money will do wonders for me! I was so happy to win. I’d worked really hard, but I’ve never won anything so I wasn’t expecting the call. I was really speechless when I’d heard I won. The money will definitely help me with the costs of school, as well as helping me prepare for taking the brokerage exam in the fall. Again, I was so thankful for the opportunity and for everything I’ve won. Thanks to everyone at Roanoke!” – Ashley Mosier, 2018 Scholarship Winner Roanoke Proudly Sponsors the NCBFAA Annual Scholarship Award This $5,000 Scholarship Award is available to any employee (or an employee’s child) of an NCBFAA Regular member firm. High school seniors or undergraduate students at an accredited college or university, who intend to pursue a career in customs brokerage, freight forwarding or a related field, are eligible to enter. To apply, simply request an application by e-mailing amiller@ncbfaa.org or call (202) 466-0222 to have a hardcopy forwarded by regular mail. The completed application is due by January 16, 2019. Here’s what some previous winners have said about the program: “I really appreciate this award because it helps enormously with my tuition and it will go a long way in supporting my efforts at completing my studies.” – 2015 Scholarship Winner “This award proves to me that there are opportunities waiting for anyone who is willing to think critically about the emerging issues facing both our world and the field of International Trade.” – 2016 Scholarship Winner “I am honored to have been chosen to receive this scholarship that I can assure you will help with my studies; I am also grateful to Roanoke for sponsoring this competition and providing this opportunity to students like myself.” – 2017 Scholarship Winner

Introducing the Bond Sufficiency Calculator!

Last updated on November 28th, 2018Roanoke Trade is pleased to introduce our Bond Sufficiency Calculator, a new tool to help you determine the appropriate continuous customs import bond amount. Due to the ongoing “trade wars”, tariffs have recently been increased on many imported goods and materials. These increased tariffs have precipitated a spike in mandated increases to customs bond amounts. Prior to the trade wars tariff implementation, it was rare for Customs and Border Protection (CBP) to issue more than 100 to 200 mandated bond increase notices in a month. In September, CBP issued 2,300 notices! A bond’s sufficiency status is continually measured by CBP on a rolling basis of the prior 12 months of activity. The bond amounts required by CBP are necessarily calculated on past activity, but these amounts could still be deficient for the future 12 months. This means that if you rely on CBP to determine the correct bond amount, you may receive multiple increase demands in a 12 month period, causing you the frustration of time wasted on bond replacement, additional premium charged, and multiple saturated bond terms complicating your underwriting process. Furthermore, bonds with high amounts often require special underwriting approval, so quick action is important, and being proactive is essential. To help offset these pitfalls of depending on CBP to determine your bond amount, Roanoke Trade has created the Bond Sufficiency Calculator. Stay ahead of the curve to avoid unpleasant surprises and frequent insufficiency actions imposed by CBP. Calculate your own bond sufficiency. If you determine that bond increase is necessary, then increase your bond to the correct amount the first time instead of dealing with new CBP increase demands month after month. Should you need assistance, please contact your Roanoke Trade Bond Service Team.

ATA Carnet Alert: New Carnet Requirements to Enter Turkey

Last updated on November 6th, 2018 To all ATA Carnet users traveling to Turkey, please be advised that Turkish Customs has implemented a new national rule that requires ATA Carnet holders and/or their authorized representatives to provide an Excel file stored on a memory key to Turkish Customs at the time of entry. This file is then uploaded into Turkey’s national Customs system. The new requirement is coming directly form Turkish Customs, and the Turkish National Guarantee Association (TOBB) was not consulted before its implementation. For ATA Carnet holders and their representatives, this requirement must be taken seriously, as the consequences for failing to present the key with the Excel file has already caused delays and unexpected penalties. As reported by the Secretariat, when the ATA Carnet holder does not have a USB memory stick containing the list at the time of entry, the responses by Turkish customs officers has been inconsistent. In some instance the officer simply enters the data manually, but there have been complaints that some holders had to wait hours or even pay fines. The ATA Carnet community is working diligently to have this requirement reversed. In the meantime to avoid any potential customs delays, we recommend you prepare accordingly.  If you have any questions or concerns please contact your ATA Carnet Help Desk at 1.800.CARNETS (1.800.227.6387) or by email Carnets@RoanokeGroup.com.

WESCCON 2018 – Friday Night Event

Last updated on October 9th, 2018 Click here for an interactive list of costume ideas!

Roundtable Discussion – Tariffs and Their Impact on Bonds

Roanoke Trade announces a new series of informal roundtable discussions that offer our clients an opportunity to ask questions pertinent to their business; operational procedures and client communication with a single topic focus. The first in this new series will feature our Bond Managers from around the country who will share the most frequent Q&As posed by you, our customers as they relate to tariffs and their impact on bonds. We invite you to grab a drink of your choice, take a seat and join us at our first roundtable discussion on September 12th from 1-2PM CT.  

Breakbulk 2018

Last updated on August 27th, 2018Breakbulk is back! Join us at this year’s Breakbulk America Conference in Houston, Texas on October 2nd through the 4th. Breakbulk is the place to connect with executives from leading EPCs, oil & gas and petrochemicals project owners, top industrial manufacturers, mining companies and metals producers who are moving cargoes throughout the Americas and around the world.

2018 Southern Border Conference

We are very pleased to be MLB World Series Champion sponsors for the 2018 Southern Border Conference! Roanoke’s Amanda Barlow, Jeri Gentry and Corinna Valdez will be attending this second annual event, so be sure to join us on Wednesday night for an evening of networking and make your way to our booth during the week’s events. Mark your calendar as we invite you to attend Amanda Barlow’s session “ATA Carnets on the Southern Border” which will take place on Thursday, August 23rd from 11:00AM-12:00PM. During this session, Amanda will give an overview of ATA Carnets. Do you have a question that you’d like answered during this presentation? Email us at infospot@roanokegroup.com and come hear the answer on August 23rd!

Drones, Autonomous Vehicles on Course to Disrupt the Supply Chain

Originally published on August 6th on the TIA website by Grant E. Goldsmith. Earlier this year, General Motors introduced its latest self-driving car – a car with no steering wheel or foot pedals – that’s expected to hit the streets in 2019. GM’s car is meant to drive itself with no assistance (hence no steering wheel) from the driver. This is the future – driverless vehicles. We are now on the edge of a mobility revolution that will eventually impact many parts of the future supply chain. Let’s look at a few of the possibilities and future trends. Future unmanned vehicles, and particularly trucks, will not require drivers to operate them. We will move from Optionally Manned to Partially Manned to Totally Unmanned in the next 10 years. Some questions arise: How will the ever-present concern of driver hours change? If the truck is driving itself, does the driver still have to account for these hours as “driver hours” in order to consider driver fatigue? One theory is that driver hours will be modified and then eliminated entirely in the next 5 to 10 years as trucks become more and more autonomous. This will reduce the consideration for the human limitation of driver hours and push the concerns more toward fuel efficiency and range capability, since trucks will be able to embark on longer journeys. Will future unmanned vehicles be safer than human-operated vehicles? The answer is almost certainly yes. The Centers for Disease Control and Prevention (CDC) asserts that nine people are killed and more than 1,000 are injured each day in the U.S. due to distracted driving. Distracted driving is defined as “driving while doing another activity that takes your attention away from driving.” It is easy to understand how a driver could be distracted. I’m sure all of us have experienced distraction while driving at one time or another; some may have even had a near miss or an accident as a result of being distracted while driving. But what if a vehicle driver never got distracted? What if a driver could be relied upon to always pay attention and always see everything on the roadway? Most people don’t realize the safest form of transportation – air travel – is almost entirely computer operated from takeoff to landing. Modern aircraft have long been able to use autopilot. Over the…
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Corporate Crime and Fraud: The Risks, the Red Flags and Best Practices – A Complimentary Webinar

Corporate crime and fraud may be the cause of both known and unknown monetary loss. Do you know where to look for evidence of crime & fraud and how to identify the most common sources of behavior? Join us on 8/21/18 at 1pm CT for our complimentary webinar – Corporate Crime and Fraud: The Risks, the Red Flags and Best Practices presented by Terry Cummings, Vice President, Sales at Roanoke Trade. The webinar will cover risks, statistics and real life examples as well as red flags displayed by perpetrators and best practices for reducing risks. This webinar has been approved for 1 NEI CCS or CES credit.