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Clock running down on ICS2, says Trade Tech

[ November 12, 2024   //   ]

There is a widespread lack of awareness of the upcoming ICS2-ENS regulations and EORI requirements, according to logistics platform Trade Tech.

The company carried out a survey on its website over the last few months of stakeholders involved in cargo shipments to and throughout the EU.

It found that 47% of respondents were not aware of ICS2-ENS at all, indicating a critical knowledge gap within the industry.

Half of the respondents are not prepared to meet the December 2024 compliance requirement, signaling an urgent need for action and only 56.5% even know the .

However 58.8% of participants expressed foresee an impact on their operations, with 32.9% unaware of the regulation’s effects.

Although 58.2% know what an EORI Number is, a significant percentage remains unaware of its necessity for EU-bound shipments, with only 47.1% of respondents recognising the need for an EORI Number registration.

“It’s our objective to help the industry transition to the new ICS2-ENS requirements with the least amount of impact on the flow of cargo. We conducted the survey to gauge readiness, and our findings show a clear need for those involved in EU trade to take immediate steps toward ICS2-ENS compliance and for us to be more vocal about the urgency,” said

President and co-Founder, Bryn Heimbeck, said: “We know the industry tends to wait until the last minute to prepare for Customs requirements and this creates stress for our customers, but we are poised and ready to handle this last-minute surge, helping our clients every step of the way.

“We are dedicated to equipping our clients with the necessary tools and resources to navigate these regulatory challenges confidently and efficiently, reinforcing our role as a critical partner in global logistics. We have extensive experience with comparable regulatory initiatives in the past. Companies that fail to prepare may face significant disruptions, including the possibility of their shipments being halted and the imposition of fines.”

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