Changing regulations and enhanced interagency enforcement techniques are delaying the clearance time of imports. This results in longer lead times and higher costs associated with customs exams and storage fees.
Amber Road's Global Trade Academy will tackle the changes and potential pitfalls for importers that are associated with the forced labor requirements, foreign suppliers' use of North Korean labor, delays associated with consolidations, and similar circumstances challenging importers to get their freight released timely. Key highlights include:
Changes to forced labor regulations
Presumption connected with products of North Korean labor
Risks associated with splitting shipments
How to handle a consolidation hold
Potential customs penalties for shipment packaging