Customs and Border Protection Bonds FAQ – How Do I Resolve an eBond Rejection?

By Matt Zehner, VP, Surety Information & Analysis, Roanoke Insurance Group Inc. Recently, my colleague Colleen introduced Tariffs and Bond Stacking Liability and the need for importers to monitor bond sufficiency on a regular basis, with the goal to avoid a short-notice demand from CBP to terminate and file a larger bond.  One significant reason to planning the timing of when to make use of a larger continuous bond is that by reducing the number of times the bond amount changes over time, the bond principal is able to minimize the accumulation of bond liability.  There are ancillary benefits to importers when […]

For non-vessel-operating common carriers (NVOCCs), compliance with the Federal Maritime Commission (FMC) isn’t optional—it’s the foundation of doing business legally and avoiding steep penalties. During our recent webinar, Avoid Costly FMC Penalties, industry expert Mauricio Larenas of AP Tariffs reminded participants that compliance begins with a simple but critical question: does your business qualify as an NVOCC? Who Qualifies as an NVOCC? According to the FMC, any company that offers ocean shipping services is considered an NVOCC. That definition is broad—so broad that even a small storefront advertising “Ship to Colombia for $50” or a Facebook post offering to move […]

February 10, 2025 – Chicago, IL Roanoke Insurance Group proudly celebrates its 90th anniversary as a pioneer and trusted partner in the logistics and trade insurance industry. Since its founding in 1935 in Chicago, Illinois, Roanoke has been at the forefront of industry innovation, delivering specialized insurance solutions that have shaped and supported the global trade and logistics sector. Milestones in Roanoke’s Legacy From its early days as the first provider of customs import bonds in the United States to its recognition as the first official ATA Carnet provider for the U.S. Council for International Business (USCIB) in 1978, Roanoke […]