FedEx Trade Networks, the freight forwarding and customs brokerage arm
of global shipping giant FedEx
Corp. (NYSE: FDX), announced today it has completed its mission to
enable ACE (Automated Commercial Environment) entry summary filing at
all U.S. ports of entry.
The year-long migration effort began at U.S. border crossings and then
expanded to commercial air and sea ports before concluding with ACE
implementation at all FedEx Express international hubs.
ACE is U.S. Customs and Border Protection's (CBP) new automation system
which replaces the aging Automated Commercial System (ACS). By getting
on board early, FedEx Trade Networks has developed its expertise and
improved its system capabilities for the new regulatory environment.
"Technology plays a huge role in our business and any opportunity to
work with CBP to pioneer innovation in our industry is always a win,"
said Andy Henry, vice president of U.S. Operations for FedEx Trade
Networks.
In accomplishing its mission, FedEx Trade Networks is filing ACE entries
well ahead of any CBP mandated cutover date. For this reason, the
company expects no service disruptions when the cutover becomes
mandatory.
As an early ACE adopter, FedEx Trade Networks and its participating
customers are taking advantage of the new features of ACE, including the
use of electronic Post Summary Corrections (PSCs) to replace paper Post
Entry Amendments (PEAs). In addition, FedEx Trade Networks and its
eligible customers are participating in the ACE Simplified Entry and the
Document Image System (DIS) pilot programs.
The new features make the clearance process faster with their reliance
on electronic provision and expanded analysis of shipment information.
"Customers benefit from the improved visibility and expanded
functionality of the new ACE systems which allows them to make better,
real-time decisions regarding their shipments," Henry added. "As the
largest-volume customs entry filer in the U.S., FedEx Trade Networks is
pleased to lead the way in this new regulatory environment and make
processes simpler for our customers."
