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Speedway Express Delivery is fully compliant with the Governments requirements for the Automated Export System (AES). Our export system performs the necessary edits to ensure compliance to the Export Regulations imposed by various government agencies prior to submission of each AES record. Such edits include automatic screening of entities and denied parties; this protects our clients from unknowingly involving themselves with individuals or companies that may be directly or indirectly involved in unlawful activities that have been identified by one or more government agencies.
The Automated Export System (AES) streamlines the process of exporting goods from around the world and improves the quality of the export statistics available to each countries government. AES was developed by the U.S. Customs Service, Bureau of the Census, and other U.S. Federal Government Agencies. Through AES, exporters and carriers electronically submit export information required by the more than 40 agencies involved in regulating and monitoring exports from the United States and around the world.
AES is a joint program of the U.S. Customs Service and the Bureau of the Census; it is also the only United States automated system for reporting export data, both commodity (Shipper’s Export Declaration (SED)), and transportation (booking and manifest). This information is used by Customs to focus on high-risk export shipments and to detect possible fraud in reporting values and commodity information. AES is also used by Census to compile trade statistics that are used to compute such figures as the balance of trade.
AES drastically reduces the amount of inaccurate or incomplete information received by passing all data through an electronic edit process. The trade statistics produced by Census are used by many different federal and local agencies for trade policy decision-making, export control, and port development planning, and by the exporting community and the financial community for foreign market analysis, penetration studies, and investment decisions.
The importance of protecting your cargo:
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