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Trade Compliance
On Demand
August 17, 2022
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How to Find Huge Refunds With Duty Drawback

Grant Sernick

Director of Sales, 3rdwave

Tim Vorderstrasse

Head of Drawback, Flexport

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August 17, 2022 2:00 PM
ET
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Duty Drawback is a complex and special world that sits at the junction of freight, trade law, and import/export regulations. Did you know that 70% of Drawback refunds remain unclaimed? That’s billions of dollars in excess duties each year in the U.S. alone. This is due to lack of knowledge of the program/process, inadequate records or the cumbersome paperwork. Fortunately, there are easier ways to claim a refund than you might realize.  

In this session, we are joined by Tim Vorderstrasse, Head of Drawback at Flexport. Prior to Flexport, Tim was a Drawback expert with Comstock and Theakston. Tim has seen nearly everything when it comes to Drawback—and he’s bringing his expertise to you.

Learn how to navigate the intricacies of the Drawback process with minimal effort, get tips for getting the largest refund possible, and more. Have your questions ready and join us for this interactive session.

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Grant Sernick
Director of Sales, 3rdwave
Grant is responsible for Sales and Business Development at 3rdwave. A thought leader and writer, Grant is an expert at helping BCOs organize their data and processes to automate and control operational tasks, while making the data available to the broader organization’s business processes, analysis, and reporting. Grant has a Mechanical Engineering degree from Queen’s University in Kingston, Ontario, and an MBA from the Ivey School of Business at Western University in London, Ontario.
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Tim Vorderstrasse
Head of Drawback, Flexport
Tim Vorderstrasse is Head of Drawback at Flexport. He leads the vision to simplify, automate, and modernize drawback. As a dedicated drawback subject matter expert, Tim has helped to shape the current drawback regulations, delivered tens of millions in drawback recoveries for his clients, and works to promote informed participation in drawback. As a member of the Drawback Trade Support Network, he works directly with Customs on identifying and discussing key drawback-related topics.
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