Thursday, June 16, 2011

Trade Risk Guaranty (TRG) Loyalty Program Offers Customs Bond Holders New Courtesy Services & Discounts

With the purchase of a US Customs Import Bond, Trade Risk Guaranty automatically enrolls the customer in TRG’s Loyalty Rewards program. Customers can take advantage of TRG staff’s bond assistance and the special rewards included in the Loyalty Rewards program

Bozeman, MT, March 25, 2011 — TRG recently implemented a Loyalty Rewards program within the company. The new program provides customers with additional resources that they can take advantage of such as in-house claims assistance and online reporting. In addition, the Loyalty Rewards program offers customers specialty rewards such as co-principle filing and net worth discounts.

Last week, Trade Risk Guaranty released the company’s monthly article called the TRG Trade Spotlight that featured one of the benefits of the Loyalty Rewards program. The topic of the article was Manifest Confidentiality, and it informed customers on how to keep their company’s import data from going public. Manifest data security assistance is one of the benefits a customer receives when enrolled in the Loyalty Rewards program. If you would like to receive the TRG Trade Spotlight, visit http://traderiskguaranty.com/NewsLetterSignUp.aspx to sign up today.

Kathryn Shaw, TRG’s Marketing Analyst, says that the new Loyalty Rewards program will be incredibly beneficial to TRG clients. “We have seen some great feedback from customers who have recently received our monthly article informing them how to keep their company’s import data from going public,” Shaw said, “and that is just one of the benefits customers receive with the Loyalty Rewards program.”

The Loyalty Rewards Program was designed to help customers see the benefits of choosing TRG for the placement of their US Customs import bond. If you would like to learn more about Trade Risk Guaranty’s Loyalty Rewards program, visit http://traderiskguaranty.com/loyalty.aspx

About TRG:
TRG is an import solutions provider marketing its products directly to the importer. These products include U.S. Customs import bonds, shipping insurance (freight insurance) and direct filing of U.S. Customs entries and Importer Security Filing. Trade Risk Guaranty (TRG) Brokerage Services LLC is a licensed insurance agency, having agency agreements with Hanover Insurance Company of Worcester, Massachusetts, and Great American Insurance Company of Cincinnati, Ohio, both of which are insurance companies approved by the Department of the U.S. Treasury to issue U.S. Customs bonds.

Contact:
Kathryn Shaw
Trade Risk Guaranty (TRGO
406-922-6525
406-922-6501
kshaw@traderiskguaranty.com
www.traderiskguaranty.com

Thursday, March 3, 2011

We are running a survey to see how we are doing, and we have received some amazing customer feedback!

We are running a survey to see how we are doing, and we have received some amazing customer feedback!

Here are some of the great customer comments we received, thanks to everyone who participated! We are lucky to have such terrific customers.

“Professional, good to deal with. I get the impression that I would be less likely to experience customs issues working with TRG than with other brokers. Good company and I think it is very cool that you relocated to Bozeman - good for you guys!”

“I was contacted by one of your people who explained the bond process to me and told me how I could save money with you and made the whole process easy. Very professional!”

“I had a lot of help with understanding what my company needs as a customs bond. The bond prices were excellent and will use TRG hopefully for years to come. Thanks.”

“Very happy with rate and coverage of our current bond. We have been with you several years and there has never been any problems.”

“I have found TRG to be helpful with any questions I ask. I also appreciate their website being user friendly.”

“What I love about renewing our custom’s bond with TRG is the friendly service, quick turn around and the wealth of knowledge the service team has. All questions are answered promptly. I was not sure how to change our physical address on the bond but all I had to do was to call TRG and they new the answers and guided me through it. Thanks”

“TRG’s staff is extremely knowledgeable and helpful. They always keep their customers well informed of new products and any issues with the current ones. They are a pleasure to work with. Our bond renewal is always flawless and they have made our transition to an ISF self-filer seamless! Thanks to them all!”

“TRG has provided me with one of the best customer experience. Fast and reliable service.”

“I’ve always had great experience in dealing with the TRG folks. They seem to be extremely customer-focused.”

“My experience with TRG has been most helpful to our company in that TRG was very knowledgeable and informative about bonds and how buying direct could and did save us money. Personable staff that knows how to market without being an annoying sales person just trying to make commission. Overall I am pleased with our relationship with TRG and look forward to making our business together better, stronger, safer and insured!”

Monday, February 28, 2011

Trade Risk Guaranty (TRG) Celebrates Blue Ribbon Cutting Event

Trade Risk Guaranty (TRG) joined the Bozeman Chamber of Commerce in August, 2010 and celebrated their first Blue Ribbon Cutting event last week, February 10, 2011 at their Main Street office.

Bozeman, MT, February 28, 2011 — Trade Risk Guaranty (TRG) joined the Bozeman Chamber of Commerce and recently officialized their membership by hosting the company’s Blue Ribbon Cutting ceremony at TRG’s Main Street office in Bozeman, Montana. TRG is becoming very involved with the Chamber and all the services they offer. Members of the TRG staff regularly attend Chamber events such as business after hours where they have the opportunity to network with other Bozeman Chamber members and local business owners.

The Blue Ribbon Cutting ceremony consisted of the cutting of the ribbon along with a speech given by TRG founder John Michel followed by a letter from Senator Baucus presented by Brianne Dugan. TRG offered hors d’oeuvres and beverages to their guests during the social networking hour that concluded the event. In attendance for the Ribbon Cutting ceremony was the TRG staff, members of the Bozeman Chamber of Commerce, and local business owners from the Bozeman area.

This is just the beginning of TRG’s involvement with the Chamber of Commerce. The Chamber offers many great ways to become involved with the Bozeman community along with connecting with other local members of the Chamber and other Bozeman business owners. In addition, the Chamber offers some great resources in regards to marketing TRG to the community and aiding in the assistance of finding new members to join TRG’s ever-growing staff.

http://traderiskguaranty.com/Employment.aspx

Wednesday, February 16, 2011

Trade Risk Guaranty (TRG) Opens Second Location in Bozeman, Montana

Trade Risk Guaranty (TRG) now has a second office located at 1822 W Lincoln in Bozeman, Montana. Due to the increased number of positions being offered within TRG, a second location was necessary in order to accommodate the company’s continued growth.

At the beginning of 2011, Trade Risk Guaranty (TRG) opened a new office. TRG’s second location was officially up and running on the 3rd of January and now offices the company’s marketing and administrative staff. TRG recently filled three new positions in their marketing department and needed more space for the increasing number of employees joining the TRG staff.

TRG has created a new position within the company for lead development growth. TRG is continuously searching for part-time employees to fill these positions. The company is putting a great deal of time and effort into targeting Montana State University (MSU) students to recruit for the Lead Developer positions. One of the ways that TRG is reaching out to MSU students and alumni is by attending the February 2011 MSU Career fair at the University.
http://traderiskguaranty.com/Employment.aspx

TRG’s original location on Main Street in Bozeman has now become primarily a sales office for the company. Along with all the new positions being filled at TRG’s second office, the Main Street office continues to look for full-time sales executives to join the sales team at their downtown office.

To ensure that the company continues to stay up-to-date on the activities and accomplishments happening in each department after the opening of the second office, the company has implemented a bi-monthly meeting that all TRG employees are encouraged to attend. The meeting focuses on bringing the staff together as a team and sharing their monthly goals along with participating in role playing exercises and welcoming new members to the TRG staff.

Kathryn Shaw, TRG’s Marketing Analyst, feels that the bi-monthly meetings help employees at TRG feel connected after the move to the new office. “TRG’s bi-monthly meetings are a great way for the entire staff to stay in touch and up-to-date with what is happening in the different departments of the company. It also allows us to have a chance to follow up with other TRG members and discuss each other’s monthly accomplishments and goals.”

About TRG:
TRG is an import solutions provider marketing its products directly to the importer. These products include U.S. Customs import bonds, shipping insurance (freight insurance) and direct filing of U.S. Customs entries and Importer Security Filing. Trade Risk Guaranty (TRG) Brokerage Services LLC is a licensed insurance agency, having agency agreements with Hanover Insurance Company of Worcester, Massachusetts, and Great American Insurance Company of Cincinnati, Ohio, both of which are insurance companies approved by the Department of the U.S. Treasury to issue U.S. Customs bonds.

Tuesday, February 15, 2011

5 Things to Know About Harmonized Tariff System (HTS) Classification

1. HTS codes are a global tool. The World Customs Organization (WCO) maintains the Harmonized Tariff Description and Coding System (HTS). Over 170 countries participate in WCO’s HTS system. The first six digits of the HTS code identify all items in international trade and are the same for all countries that use the HTS. The last two or four digits are country specific; in the U.S. these last four digits provide the duty rate and balance of trade statistical reporting suffix for the imported goods.

2. As an importer, you are responsible for establishing the correct HTS classifications used on your import entries and/or ISF security filings. This is why it is important to establish that accurate information about your products is reported to CBP and to not completely rely on third parties to guess about your products to provide HTS classifications on your behalf. It is the importer’s responsibility to supply sufficient information about the imported goods so that a customs expert may determine the proper classifications of those goods.

3. You could be paying too much by using the wrong HTS code. The HTS is primarily a classification system to uniformly identify products and secondarily a tariff system on imported goods. Using the wrong HTS will result in an incorrect payment of duties whether too little or too much, this creates an issue for CBP in their revenue collection mission and may result in them issuing penalties for failure to provide correct and accurate information to CBP.

4. If you have been using the wrong HTS codes, it is not too late to fix your mistake and avoid costly fines. If you find out you have been using the wrong HTS code and have been paying too much or too little, you can file a Post-Entry Amendment (PEA) to pay any additional owed duties or to request a refund for overpayment. If the entry has already been liquidated (usually 315 days after entry), an administrative protest can be filed up to 180 days after liquidation of the entry.

5. HTS codes are not static. Worldwide the HTS is being updated and changed to allow for new product innovations and technology. In addition, governments are evaluating new revenue sources and seeking to balance their trade with other countries. In the U.S. when an HTS code is created, it has an expiration date to allow for updates. Because of this, it is important to constantly ensure that the codes you are using are valid. The correct classification of imported goods is an ongoing project, and the HTS codes used should be reviewed at minimum, on an annual basis.