CBP Posts Presentation Slides on Its Trade Transformation Efforts

U.S. Customs and Border Protection has posted presentation slides on its "Trade Transformation" initiatives for 21st century trade. Within the slides, CBP states that it seeks to improve cargo security while increasing trade competitiveness by fully aggregating risk management. This will be accomplished by leveraging end-to-end visibility of accounts that captures a holistic view of the global supply chain. CBP also outlines how it will accomplish this through its BEST goals: (1) Better Targeting; (2) Expedite Trade; (4) Segment Risk; (5) and Transaction Savings and through its various trade initiatives. These initiatives include Air Cargo Advance Screening (ACAS), Importer Security Filing (ISF), Simplified Entry/summary, ACE, Centers of Excellence and Expertise (CEE), and the role of the broker. CBP also maps out the supply chain for each mode of transportation and ACE.