News & Resources

Importer Security Filing – 1 Year Plus Review

For those of you who have forgotten, or maybe never knew – Importer Security Filing (ISF) was a critical regulation passed by US Customs effectively beginning in January 2010. ISF requires that all ocean cargo inbound to the US must have certain data elements included in the filing process, prior to allowing entry into the US. This information also must be submitted no later than 24 hours prior to cargo being laden aboard the ocean vessel. Briefly, the data elements included in ISF are:

  • Seller
  • Buyer
  • Importer of record number
  • Consignee number
  • Manufacturer/supplier
  • Ship-to party
  • Country of origin
  • Commodity HTSUS code
  • Cargo stuffing location
  • Cargo consolidator

The ultimate responsibility to file this information lies with the importer, although upwards of 90% of the filings to date are actually done by customs brokers.

Of note, and something that we are very proud of is the fact that LEGACY Supply Chain Services is trending well above the national average in terms of ISF compliance. This directly results in a smoother customs entry process for our clients, and also minimization of financial penalties to the importer. The current national average shows that 92% of all inbound shipments are within compliance according to the NCBFAA (National Customs Brokers & Forwarders Association of America). That 92% is based on over 3 million filings done in 2011 alone. LEGACY currently stands at a 98.6% compliance rate, with over 98% of our individual clients running at 100%.

We can directly attribute this success to our CHB team in our San Francisco office, our leading edge customs brokerage/ISF information system, and the strong relationships and communication channels we build with our clients. For more information or to learn more about ISF, please visit the Customs & Compliance section of our website.

Some key tips importers of goods into the US can follow to help ensure ISF compliance:

  • Ensure relevant ISF data collection is built into your purchase order process with all suppliers.
  • Always provide ISF data to the ISF submitting party (usually Customs broker) at least 72 hours in advance of goods lading. This gives a window to make any error corrections, and also allows time to get the filing processed. We expect Customs will begin cracking down further on late filings- so timeliness is crucial.
  • Visit the official US Customs & Border Protection website for any information or updates. Or, speak with your customs broker directly- or call us.

These simple steps will help all importers stay in compliance with ISF, and minimize the chance for incurring hefty fines and clearance delays. The fines by the way start at around $5000 per instance- so you want to make sure you are compliant…

Scared to outsource?
Outsourcing your supply chain to a 3PL is an important strategic decision that is not made lightly. In this whitepaper, Outsourcing Without Fear, learn the facts about outsourcing and how to build a strong 3PL relationship.
Company Culture

Popular Posts

Search Posts

Related News
  • Issue 25: April 2022 LMI, The Hidden Cost of Rising Fuel Prices & More

    A WORD FROM LEGACY They say “when it rains, it pours,” and that’s certainly true when it comes to logistics news. From ILWU contract...

    + Read more
  • LEGACY-scs-Ocean-Carrier
    Issue 24: COVID Lockdowns in China, The State of West Coast Ports & More

    A WORD FROM LEGACY Whether you’ve been closely following the news or choose to take a more hands-off approach to media consumption,...

    + Read more
  • a truck driver sitting in driver seat smiling
    The View from Behind the Wheel: Effects of the Pandemic and Supply Chain Crisis on Drivers

    “My truck is my office and I have the best view every day.” That is the response recently provided by Tyrone J., a Legacy Supply Chain...

    + Read more