New findings from a Trade Tech, Inc. survey highlight significant awareness and preparedness gaps for the upcoming ICS2-ENS regulations and EORI requirements due Dec. 4.
"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,” says Bryn Heimbeck, president and co-founder, Trade Tech. “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."
Key takeaways:
- Survey findings underscore the need for all stakeholders involved in cargo shipments to and throughout the EU to proactively address compliance with these evolving EU customs regulations by the Dec. 4 deadline.
- Approximately 47% of respondents were not aware of ICS2-ENS, indicating a critical knowledge gap within the industry.
- Half of the respondents are not prepared to meet the December compliance requirement, signaling an urgent need for action.
- Only 56.5% of respondents indicated they know the deadline for compliance, while a substantial portion remains uninformed.
- Industry participants expressed varied expectations, with 58.8% foreseeing an impact on their operations and 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.
- Only 47.1% of respondents recognized the need for an EORI Number registration by June 1.
