Ready for Full Enforcement of Importer Security Filing?
Talking Logistics
JULY 2, 2013
Customs and Border Protection (CBP) will begin the liquidated damages phase of Importer Security Filing (ISF) enforcement. Liquidated damages in simplified terms refer to a penalty secured by a bond. CBP may withhold the release or transfer of the cargo. CBP may withhold the release or transfer of the cargo.
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