USMCA Archives | Borderless Coverage

Cross-border Trucking Interest Heats Up- Laredo Event Draws Record Crowd

ericcorl — Mon, 13 Jun 2022 20:27:02 +0000

If you are looking to start, grow, or optimize Mexican or cross border shipping and distribution operations with practical risk management, you can check out the highlights from our recent Laredo event here. While Los Angeles and Long Beach may have the splendor of larger-than-life container ships, the inland port of Laredo, Texas, has proven to ...

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Are Mexico Free Trade Zones Worth Exploring?

ericcorl — Fri, 04 Feb 2022 21:13:19 +0000

Borderless Coverage CEO, Mark Vickers, was recently interviewed for an article with FreightWaves on the topic of Mexico Free Trade Zones. In the article, Vickers discusses whether it is worth considering Mexico Free Trade Zones for your operation. You can read the full article here. Highlights: Does it make sense to move manufacturing and/or ...

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USMCA FAQs

ericcorl — Fri, 29 Oct 2021 17:10:06 +0000

When it comes to USMCA, it can be a lot to digest. We have compiled a list of the most common questions we receive regarding USMCA at Borderless Coverage. What are the Requirements of USMCA? The nine requirements are listed at the end of Chapter 5 of USMCA. The title of this section is ‘ANNEX ...

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USMCA – Cliff Notes

ericcorl — Fri, 29 Oct 2021 16:48:45 +0000

What Is USMCA? The United States-Mexico-Canada Agreement, or the USMCA, is a trade agreement between the three respective nations that replaced the North American Free Trade Agreement, also known as NAFTA. NAFTA had been in effect since 1994, serving as a segway towards reduced trade restrictions and facilitating market access among the big three North ...

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USMCA – Certification of Origin Form – Data Requirements

ericcorl — Fri, 29 Oct 2021 16:40:57 +0000

Chapter 5 of USMCA details nine specific requirements that must be provided by an importer or exporter seeking preferential tax treatment under the agreement. These nine data requirements are used by customs to validate that the goods claiming this treatment meet the entirety of the prerequisites in Chapter 5 of USMCA Origin Procedures. The first ...

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USMCA – NAFTA – Form Requirement Change

ericcorl — Fri, 29 Oct 2021 16:06:08 +0000

On January 1st, 1994, the United States, Canada, and Mexico signed the North American Free Trade Agreement (NAFTA). Tariffs were eliminated progressively and all duties and quantitative restrictions, with the exception of those on a limited number of agricultural products traded with Canada, were eliminated by 2008. To qualify for this preferential tax treatment, exporters ...

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Shippers, beware of cross-border insurance gaps

ericcorl — Fri, 29 Oct 2021 15:36:31 +0000

Borderless Coverage and it’s parent company, Reliance Partners, were recently featured in an article on FreightWaves discussing the cross border insurance gaps. “By the time you get coverage that complies with the shipper’s requirements, you often still end up with high deductibles, and it probably doesn’t provide the level of coverage that you need,” Vickers ...

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USMCA – de minimus increase

ericcorl — Fri, 29 Oct 2021 15:05:27 +0000

With the USMCA now in effect, many North American businesses are presented with a need to change the way they conduct international business. One of the changes introduced by the USMCA is an increase in de minimis, involving the origins of inputs for products within the North American market. NAFTA, the former North American agreement, ...

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