Positive Performances

Positive Performances: Trade Tech's 10+2 Program Making Inroads

Trade Tech, a major supplier of Web-based supply chain and transportation applications and service solutions, has announced that its Trade Manager product with Importer Security Filing (ISF) capability has been adopted by over 125 companies internationally who are, in turn, providing Trade Tech’s state-of-the-art technology to their own customers. The early adoption of ISF technology has been especially apparent in Asia, home to many of the world’s top freight forwarders, shippers and non-vessel-operating common carriers (NVOCCs).

The Importer Security Filing is also referred to as “10+2” for the ten data elements that must be filed by importers, and the two required from ocean carriers, before goods being shipped to the United States can be cleared by U.S. Customs and Border Protection. The interim final rule is being phased in through a one-year voluntary compliance period, which began on January 26, 2009. All importers will be required to file Importer Security Filings for their goods starting on January 26, 2010 or risk heavy fines.

“Our 10+2 success in Asia is a testament to their belief that the ISF challenge is best met at origin,” said Trade Tech’s CEO Bryn Heimbeck. “While many customs brokers are attempting to file their 10+2 documents from the United States, many of the data elements are available only at origin, such as the container stuffing location. Customs brokers in the United States have also adopted Trade Tech’s 10+2 technology in order to simplify the process of capturing origin-based data for importers who work directly with shippers overseas.”
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