DB Schenker Trade Solutions is here to help you set-up an import compliance program that will protect you from costly penalties. We make it easy to obtain and keep track of the licenses, bonds and insurance you need to run your import business effectively. We can also help you fully utilize programs like Duty Drawbacks and FTZs, in order to avoid, reduce or recover customs duties. Our experienced consultants reduce your paperwork and increase your bottom line.
Building a compliance program starts with an evaluation of the current compliance structuring, and of past transactions. Conducting an audit not only serves the purpose of identifying weaknesses in import compliance, but also identifies future strategic opportunities, that will result in a strengthened compliance program. The benefits of an effective compliance program include:
At DB Schenker, we’re focused on building your regulatory compliance program while also evaluating the opportunity for duty reductions. We have created a full menu of compliance capabilities that includes:
License Management System
Our easy to use License Management System (LMS) saves you valuable time and resources, by helping you manage your licensing information. LMS streamlines and simplifies the otherwise labor-intensive task of maintaining active records of expiration date licenses, license exhaustion, license terms, and more. And with reminder capabilities, reducing the risk of export violations and remaining compliant is now easier than ever.
Learn more about our License Management System.
Dangerous Goods Declaration App
The DB Schenker Hazardous Materials online app simplifies the creation of Dangerous Goods Declarations (DGD). We provide the tools you need to generate the required documentation and package diagrams for properly marking and labeling hazardous materials. The App can also be used for commodities that do not require a DGD.
Learn more about our DGD App.
Denied Party Screening
DB Schenker has an easy-to-use, effective tool that utilizes our extensive record keeping capabilities to help you properly vet partners. This tool allows you to perform required due diligence screenings of all parties and individuals along your transportation supply chain.
Learn more about our Denied Party Screening program.
Importing goods into the US is becoming increasingly complicated, with constantly changing rules & regulations. Our import training courses will get you up-to-date, keep you in compliance, and teach you best practices that can save you time and expense. Whether you’re new to importing, or seeking specialized training and refresher courses, we’ve got you covered.
Learn the skills, regulations, and best practices for importing goods into the US as an import professional. Find out more about out Import Training classes.
Incoterms® 2020 Training
New training for Incoterms® 2020 is available! Incoterms® are the internationally recognized standard in business setting trade terms. They help traders avoid costly misunderstandings and identify which fees and potential liabilities that can impact the price of their goods.
As with all trade compliance, it is important that all involved in international trade garner a thorough understanding of the amended Incoterms® 2020 Rules. Take any of our new Incoterms®2020 Training courses and you’ll learn which changes have been made and how to apply the rules. We’re the experts!
Supply Chain Security Training
New supply chain security threats are continually being assessed, as the speed and volume of shipments increase. Therefore, C-TPAT regulations in the US are constantly being revised, for the safety of everyone in the community. Since C-TPAT requirements continue to evolve, the need for up-to-date supply chain security training is ongoing.
Find out which Supply Chain Security Training you need.
The CBP’s Duty Drawback Program provides an opportunity to recover duties that were previously paid on goods that are exported. For a business, the decision to collect duty drawbacks can mean the difference between being profitable – or not. However, the duty drawback process can be confusing, prompting some businesses to avoid the process altogether. Don’t leave money on the table; we can help you identify drawback opportunities and collect drawback duties from US Customs.
Whether you export merchandise that was not used after importation, or are engaged in an assembly or manufacturing process that includes imported components, you may be eligible to claim a refund on the duty that was originally paid. This process requires a Duty Drawback Bond.
Learn more about Duty Drawback Bonds
Request a Duty Drawback Consultation
Foreign Trade Zones (FTZs) allow manufacturers, distributors, importers, and other entities, to defer, reduce, or even completely eliminate duties and fees on imported goods. If your company is facing high effective duty rates, experiencing slow inventory turns, re-exporting assembled and/or finished goods or service parts, or importing goods for distribution in the US, then FTZs may help you streamline your business and run more profitably.
Organizations across all industries are using FTZs to expand their operations outside of their home countries. However, using FTZs presents new challenges that companies aren’t always prepared to manage. DB Schenker’s services assist you through operational capabilities in our facilities, or administrative services for operations in your facilities. We take the time and hassle out of the FTZ process.
Our FTZ services will help you:
Additional FTZ Services:
For more information about how DB Schenker can help you establish your own FTZ program, contact us for a free consultation.
DB Schenker’s import training classes benefit new hires, as well as established import professionals. Our online courses cover a wide range of import topics, including Incoterms and security. Increase your skills and knowledge with DB Schenker’s compliance training.
With DB Schenker’s software solutions, compliance is easy. Our import software programs reduce human error, avoid costly fees and increase your bottom line. We provide precise solutions for documentation, required party screenings, classifications, license requirements and more.