Andy Martin - YRC Logistics EU

HM Revenue and Customs issued Authorised Economic Operator (AEO) certification to YRC Logistics UK with effect from July 1, 2009. The AEO certification status is “Full (F)”, which entitles YRCL to benefit under both the security and safety and the customs simplification regimes. This status allows YRCL clients with similar accreditation to enjoy the full range of AEO trade facilitation benefits, such as fewer physical customs inspections at EU borders and easier reporting.

The AEO objective is to enhance supply chain security through granting recognition to reliable traders and encouraging best practice at all levels in the supply chain.
AEOs are able to benefit from facilitation for customs controls or simplifications for customs rules or both, depending on the type of AEO certificate.

There are three certificate types:

· AEO Certificate—Customs Simplification
· AEO Certificate—Security and Safety
· AEO Certificate—Customs and Security (so-called "Full Certificate")

Obtaining Customs Simplification/Security and Safety Full Certification status required YRCL to meet the qualification requirements for both the AEO Customs Simplification Certificate and the AEO Security and Safety Certificate. The comprehensive criteria encompassed standards relating to the management of commercial and transport records; general good standing and stringent security measures concerning the management of the entire supply chain.

Most importantly to our clients, YRCL’s AEO certification status will now permit AEO certified importers and exporters to enjoy the full range of benefits, including fewer physical and document-based controls, priority treatment of consignments and choice of location for customs controls.

For more information please contact Vince Thomson, YRCL UK Global Services Manager,
TEL: +44 (0)1784 480104; EMAIL vince.thomson@yrclogistics.com

Labels: AEO, Authorised Economic Operator, HMRC, International Trade Compliance