All Brokers Are Not Created Equal: The Advantages of an Experienced Commodity Based Customs Brokerage Firm

It should come as no surprise that information technology is changing the way commodity based customs brokers operate. As software improves brokers can now easily track data and make connections to optimize logistical pricing and services. However, this rise in digitization has promoted a ‘race to the bottom’ mentality, which lowers the quality standard for service providers. Without an in-depth understanding of tariffs and attentiveness to the ever-changing compliance and tax laws, most customs brokers are not properly equipped to meet the needs of a very diverse clientele.

Charter Brokerage legally challenges CBP’s recent restrictions in duty drawback

On February 24, 2016, U.S. Customs and Border Protection (CBP) passed into law the Trade Facilitation and Trade Enforcement Act of 2015 (TFTEA). The new law included a two-year waiting period in which TFTEA drawback claims could not be filed. Congress had directed the Secretary of the Treasury to publish a regulation for calculating TFTEA drawback claims by February 24, 2018.

Bill Methenitis joins the team

Charter Brokerage is pleased to announce that Bill Methenitis has joined the Charter team as International Trade Counsel. Bill has recently retired after 15 years as a principal at Ernst & Young, where for the past seven years he was the global leader of EY’s Global Trade practice. Bill will be working with Charter on a part time basis, and is continuing to work with EY part-time to serve existing clients.