Does your company export goods valued at more than $2,500 to anywhere other than Canada? If so, you’re probably no stranger to the U.S. Foreign Trade Regulations (FTR) that require your Electronic Export Information (EEI) be filed through AESDirect on the Automated Commercial Environment (ACE) server.
The AESDirect filing process can be intimidating. (Just look at all the acronyms in my very first paragraph.) And the penalties for misfiling—or failing to file—can be tens of thousands of dollars. That's why many exporters pay a third party, typically their freight forwarder, to file on their behalf.