CBP Posts Document on Trade Benefits of ACE
U.S. Customs and Border Protection has posted a document on the trade benefits from the Automated Commercial Environment (ACE). ACE is the commercial trade processing system being developed to become the "single window" through which international traders will electronically provide all information needed by federal agencies for the import of cargo. CBP states that the benefits of ACE continue to grow as new capabilities are developed and deployed. The document lists the trade benefits based on functionality currently available in ACE and are organized by trade sector in addition to, in some cases, ACE Portal role.
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The document covers the benefits of (i) the ACE Secure Data Portal for Trade Account Owners (TAOs), brokers, carriers, importers, self-filers and sureties; (ii) Periodic Monthly Statement (PMS); (iii) ACE Reports for brokers, importers, rail and sea carriers, sureties, truck carriers, and all users with access to reports; (iv) Entry Summary Filing; (v) Post Summary Corrections (PSC); (vi) e-Manifest: Truck; and (vii) e-Manifest: Rail and Sea.
(See CSMS #12-000096 here, dated 03/20/12. for CBP announcing the availability of this document on its ACE website on CBP.gov)