Trade Tech, Inc., a global logistics solutions provider, has released findings from a recent survey that reveal critical knowledge and preparedness gaps regarding the EU’s upcoming ICS2-ENS and EORI requirements. Despite widespread awareness of the regulations, fewer than half of survey respondents feel prepared to meet the December 4, 2024, deadline for ICS2-ENS compliance. This delay in readiness poses significant risks for companies handling shipments into and within the EU.

Read also: Embracing ICS2-ENS: Navigating the Future of Global Trade with Precision and Insight

Key insights from the survey include

ICS2-ENS Awareness: Nearly 47% of respondents lacked awareness of the ICS2-ENS requirements, highlighting a considerable knowledge gap.

Preparedness for Compliance: Only half of the respondents are on track to meet the December 2024 compliance deadline.

Regulation Timeline Awareness: Just over half (56.5%) know the compliance deadline, while many remain uninformed of the timeline.

Perceived Operational Impact: While 58.8% of industry participants anticipate an impact from ICS2-ENS, 32.9% are uncertain about the regulation’s effects.

EORI Number Awareness: Although 58.2% recognize the importance of an EORI number for EU-bound shipments, awareness remains insufficient.

EORI Registration by June 2024: Only 47.1% of respondents were aware of the EORI registration deadline, signaling a need for improved education.

Bryn Heimbeck, President and Co-Founder of Trade Tech, emphasized the urgency of addressing compliance. “Our goal is to ease the industry’s transition to ICS2-ENS with minimal disruption. The survey results highlight a need for stakeholders to act promptly to avoid last-minute complications and ensure seamless cargo flow.” Trade Tech is prepared to support clients as compliance deadlines approach, leveraging its expertise to guide companies through the complex regulatory landscape.

To aid in this transition, Trade Tech has launched cargofiling.com, a dedicated resource offering expert guidance on EU ICS2-ENS regulations and other customs requirements. This new site provides essential tools to help companies meet the December 2024 deadline, helping ensure smooth and compliant operations within the EU market.