In years gone by, conversations on global supply chains used to mainly come up among companies specializing in international logistics. These days however, they’re a hot topic among everyone from manufacturers to retailers, politicians, economists, and last but not least, consumers wanting to know the status of their deliveries.
As we enter 2022, a record number of companies are reporting their supply chains are being stretched. From a shortage of materials to reduced air freight bellyhold capacity and ongoing congestion issues throughout the container shipping industry, the shocks are compounding and unpredictable.
With over 5.3 million development hours invested in building our CargoWise platform, we are at the technological forefront in managing international and cross-border logistics, changes in trade patterns and evolving logistics regulations.
Our technology is purpose built to help you optimize export and import processes and get increased control over international compliance. Here’s a selection of the latest Global Trade Management and Compliance features added to CargoWise.
Streamlined UK Goods Vehicle Movement System processing
The goods vehicle movement service (GVMS) is a UK Government IT platform for moving goods into or out of Northern Ireland and Great Britain.
From 1 January 2022, the service became operational for EU-to-GB goods movements. This means hauliers must provide a Goods Movement Reference (GMR) to be able to board their ferry heading to Britain, if they are entering the country at a port which is adopting the ‘pre-lodgment model’.
CargoWise now supports the haulier side of the GVMS customs manifesting system and can create GMRs for your customs records, along with a barcoded document. This functionality is integrated into the Consol, and includes the reference numbers of all UK customs records that are linked directly to the Consol or Shipments.
Low Value U.S. Exports functionality for China, Hong Kong, Russia, and Venezuela enabled
In April 2020, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) published two new regulations, extending their oversight of the export, re-export and transfer (in-country) of certain commodities, software and technology that are subject to the U.S. Export Administration Regulations (EAR).
In alignment with U.S. Census Bureau advice on low value exports to China, Hong Kong, Russia, and Venezuela, EAR99 items are not subject to the BIS’s filing requirements. To ensure compliance, CargoWise now allows the use of Export Statement ‘LOW’ when the specified goods value is under US$2,500.
New EU Community Status for internationally shared airports
The freight operations at Geneva’s international airport in Switzerland, are shared between EU and non-EU countries.
EU originating movements from this airport now permit the use of CT Status of ‘C’, for intra-EU movements. To enable EU member states that use CHGVA for intra-EU shipments, the Shipment > Details > CT Status field in CargoWise now displays the message ‘C-status is only for intra-EU movements’, as a warning.
SAD Document and Entry Message for South Africa updates
In order to comply with South Africa's Customs Advance Payment Notifications (APN), the transaction value and transaction value currency is now included in the SAD Document and Entry Message sent to Customs for import declaration jobs.
If the declaration job is for an import shipment, in the entry instruction tab, the transaction value and transaction value currency code will need to be completed as this is now mandatory for import entries. If the transaction value and currency is not captured, a warning message will be displayed.
New South Africa Customs Automotive Production and Development Permits amendment
South African Customs has amended the values that can be used for Volume Assembly Localization Allowance permits applied to Specified Motor Vehicles. This means that from 1 January 2022, the VALA Permit Value no longer needs to be reduced by 20 percent when applying the Automotive Production and Development Programme (APDP).
To ensure compliance, CargoWise has been updated to reflect these changes. Once in a declaration job, navigate to the entry instructions tab where the VALA Permits can be linked to the entry instruction. If a ‘Specified Motor Vehicle’ tariff is used on the on the entry line, the Value (PRV) of the VALA Permit will no longer be reduced by 20 percent, meaning the customs value and VALA permit value will now be the same.
Want to centralize your global trade operations and strengthen your supply chain? Take a look at our Global Trade Management and Compliance functionality in CargoWise. Learn more
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