Commissioner of U.S. Customs and Border Protection Alan Bersin for the past year has touted a “grand bargain” with the shipping trade in which Customs promises expedited treatment of cargo in exchange for more information from the shipper. In a speech Thursday at the agency’s 11th trade symposium and a meeting with reporters, Bersin filled in some of the outlines of what the grand bargain would be.

Read about the “grand bargain” at the Journal of Commerce