Month: July 2013

CBP to Begin Issuing Liquidated Damage Claims for ISF Non-Compliance Commencing July 9, 2013

Please take note CBP has issued the following administrative message on June 7, 2013 with respect to ISF enforcement: In order to achieve the most compliance with the least disruption to the trade and to domestic port operations, CBP has been applying a measured and commonsense approach to Importer Security Filing (ISF or 10+2) enforcement. … Read more

What is a Foreign Trade Zone and What Does the Bond Cover?

A foreign-trade zone is a secured area under U.S. Customs’ supervision that is generally considered outside United States territory (for commerce purposes) upon activation. A foreign-trade zone is typically located in or near a U.S. Customs port of entry and falls under the authority of that port. Foreign and domestic merchandise may be moved into … Read more

Our Disaster Recovery Plan

We at C.A. Shea & Company take our motto of “Courtesy and Service” very seriously.  Unfortunately, Mother Nature can sometimes step in and make it difficult for us to be available for our clients.  When the 2011 Halloween nor’easter knocked the office’s power out for 3 days and Superstorm Sandy interrupted our power and internet … Read more