Deringer Digest Blog

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How Coronavirus Impacts Global Shipping and Trade

Posted by Chris Brennan on Mar 3, 2020 2:38:47 PM

Shippers canned dozens of Chinese exports since the coronavirus outbreak, preventing commodities like toys, textiles, electronics, and auto parts from reaching their European and North American destinations.

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“What’s My Compliance Score?” Why We Are Asking The Wrong Question

Posted by Tammy Flanders Hetrick on Feb 10, 2020 1:20:06 PM

When I’m preparing to deliver a Risk Assessment Report, the first question clients often ask is, “What’s our compliance score?” While the intention is good, we are asking the wrong question. Numbers may not lie, but they don’t tell the whole truth, particularly in compliance – and in the gap is where good companies get into trouble.

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Topics: compliance, trade compliance

How to Negotiate Ocean Freight Rates: 3 Considerations for 2020

Posted by Chris Brennan on Feb 3, 2020 11:22:37 AM

If there is one thing that can impact any import/export company’s bottom line, it’s the cost of getting their goods across the vast oceans of our big blue planet. So, how do you negotiate ocean freight rates with the best chance of success? 

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Topics: Freight Forwarding & Cargo Transportation, freight, freight forwarding

Supply Chain Management: Breaking Down the Process to Avoid the Pitfalls

Posted by Chris Brennan on Jan 7, 2020 4:07:49 PM

Supply Chain Management is a key piece to any business that produces and imports goods.

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Topics: Supply Chain Management, freight forwarding

Beyond the Dollar: How to Compare Customs Brokers

Posted by Tammy Flanders Hetrick on Dec 17, 2019 3:12:59 PM

Importers might aptly view a Customs broker as a trusted partner for Customs entry filing, but a broker’s job is also to help safeguard importers against delays, fines, and penalties due to errors or regulatory violations.

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Topics: trade compliance, import compliance, Customs Broker, Brokerage

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