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CBSA Annual Review: What Canadian Importers Need to Know About Financial Security Updates

The Canada Border Services Agency (CBSA) has completed its annual review of importer financial security requirements. This review—conducted each year on October 20—recalculates the financial security (customs bond) needed for each importer’s RM business account. If your required bond amount has increased, you’ll need to update your financial security by January 15, 2026 to remain compliant. Why CBSA Runs an Annual Review Each year, CBSA reassesses every importer’s bond requirement based on the most recent transaction history and import activity. This process ensures that the financial security in place accurately reflects current import volumes and liabilities. Only importers whose required […]

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How to Select a Reliable Trucking Partner: A Guide for 3PLs to Combat Industry Fraud

How to Select a Reliable Trucking Partner: A Guide for 3PLs to Combat Industry Fraud

By Trent Van Wormer, Strategic Relationship Manager The transportation industry operates on trust, efficiency, and strong partnerships. For third-party logistics providers (3PLs), choosing a reliable trucking partner is not only critical for operational success but also essential in combating fraud—a persistent threat in the logistics industry. According to the Transportation Intermediaries Association (TIA), fraud-related issues, including double brokering and carrier identity theft, cost the industry millions annually. By conducting thorough due diligence, 3PLs can mitigate risks and build long-term, trustworthy relationships with great trucking partners. Here are the key factors to consider. Operational Capabilities and Capacity Assessing a trucking company’s […]

June 02, 2025

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