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The National Customs Brokers and Forwarders Association of America (NCBFAA) is stepping up its lobbying effort on Capitol Hill this month to change the way U.S. bankruptcy law is applied to customs brokers when importers become insolvent. Under the current law, a customs broker may be ordered by the bankruptcy trustee to give back any duty the importer paid to the broker to in turn pay CBP in a 90- day claw back period. The broker is not able to recover the funds from CBP. With importers filing bankruptcy, this has a huge impact on customs brokers who are left holding the bag.
“Some brokers are attuned to this because they have been affected by importer bankruptcy,” says Laurie Arnold, Regulatory Compliance Officer at JAS USA adding that it will require many industry voices to give the legislation traction.
For December, we are highlighting Jeffrey Bispham on the West Coast! Jeff has been in the industry for 26 years and remembers using a typewriter to prepare 7512's. He has always worked in the import/customs brokerage side of logistics. Jeff was adopted as part of the JAS Family when JAS acquired Tigers back in 2021 where Jeff had long tenure.
In October 2023, the JAS Forwarding (USA) Tacoma Foreign Trade Zone became an active FTZ in the JAS USA Network. Jeff became the FTZ administrator of that site and has been instrumental in building the compliance for our FTZ site on the West Coast.
Jeff enjoys all sports, although he would tell all that he has become more of a spectator than a player as the years have passed. Jeff enjoys being outdoors. But most of all, he enjoys spending time with his family. That time can often occur at the beach, or a Seattle sporting event (Mariners, Seahawks and Kraken).
Jeff is yet another great example that People Make the Difference!
In November, JAS USA Corporate Compliance team members teamed up with JAS Atlanta Branch team members to facilitate client compliance training. From left to right, Calvin Oh (Corporate Compliance), Scott Cassell (Corporate Compliance), Carlo Rebuffi (Manager of Live Animals Division-ATL), Laurie Arnold (VP Corporate Compliance), and Rishma Patel (CHB Manager-ATL). The team was able to facilitate learning on the topic of import compliance.
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