Customs formalities for Latvian racing team in USA

Did you know that we do not only love to compete and get the best results, but also to support the spirit of other racers! Recently, Greencarrier Freight Services in Latvia supported a great racing project by...

Did you know that we do not only love to compete and get the best results, but also to support the spirit of other racers! Recently, Greencarrier Freight Services in Latvia supported a great racing project by arranging customs formalities for the company Drive eO that will participate in the Pikes Peak International Hill Climb 2015.

 

 A high performance low carbon electric race car

Drive eO is a Latvian company that provides bespoke electric and hybrid solutions for high performance low carbon vehicles – just the kind of vehicles we like, looking at it from an environmental point of view!

Last month Drive eO officially presented their dream creation “PP03”, a 1,367 horsepower electric race car, which on 28 June 2015 will take part in the Pikes Peak International Hill Climb race (PPIHC). The new all-wheel drive car is equipped with a 50 kilowatt lithium-ion battery pack and powered by six electric motors with in-house designed controllers. The equipment provides an impressive 1,020 kilowatt with a maximum torque of 2,160 newton metres, and the car is capable of a speed up to 260 kilometres per hour. Incredibly light weight of only 1150 kilos, it is accompanied by a series of special features that in recent weeks have been tested and perfected through test drives. Also, the technical base has been polished to perfection.

The second oldest motor sports race in America

The PPIHC is the second oldest motor sports race in America and a long-standing tradition in Colorado Springs and the Pikes Peak Region. The first competition took place in 1916 and this year marks the 93rd running of the race. The race is run on a 12.42 mile course with 156 turns that begins at 9,390 feet and finishes at the 14,115 foot summit of America’s highest Mountain; Pikes Peak. As the drivers climb towards the summit, the thin air slows reflexes and saps muscle strength. The thin air also robs engines of 30 percent of their power at the summit. Competitors and vehicles must be in top shape simply to finish…let alone win!

International customs and temporary export-import document

Greencarrier Freight Service professionals in Latvia helped Drive eO with all the necessary customs formalities needed to transport the car from Latvia to USA. When shipping equipment for temporary fairs and exhibitions outside of the European Union, one of the best ways to handle customs clearance is to use an ATA carnet. The ATA Carnet is an international customs and temporary export-import document that facilitates temporary imports and exports into foreign countries.

The types of goods and equipment that can be transported under the ATA Carnet is goods for fairs and exhibitions, commercial samples and professional equipment. It can also be used by:

  • Exhibition participants – stands and hardware
  • Traders – samples of goods
  • Conference participants – documents and hardware
  • Film producers – films and hardware
  • TV producers – broadcasting equipment
  • Actors – costumes
  • Collectors – paintings
  • Assemblers and healthcare professionals – equipment
  • Athletes – sports equipment

The ATA carnet fits a number of countries. In Latvia, the carnet can be used for temporary export and re-export to the target country. The carnet handles temporary admissions and transit in regards to hub countries along the way. An ATA carnet receipt is required for certain application forms, and for the insurance to be carried over for the equipment when located outside of EU. Another option is to prepare the export customs formalities in the country of export. However, this procedure may not be beneficial unless you have the knowledge of import procedures for temporary import and hub countries.

Greencarrier handles all customs related administration

As a provider of global logistics and transport solutions, we are always ready to help and provide with smart customs solutions. We offer a full range of services related to the export and import of a broad range of commodities. If only prepared in time – everything is possible!

We are very proud of the Latvian Drive eO team and their devotion to high performance low carbon vehicles, as well as their environmental focus. Their way of thinking synchronises very well with our Greencarrier Spirit and how we take responsibility for the environment, and we are very happy to support them. We wish them the best of luck in the competition and hope that they will reach their goal to win!

If you have any questions related to customs, don’t hesitate to contact me or my colleagues. Did you enjoy reading my article? Share it on LinkedIn, Facebook or Twitter!

/ Maija Skrudere Greencarrier Freight Services

Department Manager

Share this article

Related articles

Explore more topics

Subscribe and receive the latest industry insights and news from us – every week!