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.

Topics: compliance, trade compliance

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? 

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

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

Topics: Supply Chain Management, freight forwarding

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.

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

US businesses that actively source raw materials, components, or finished goods from other countries must understand—and adhere to—the trade regulations for every country involved in their supply chain. Failure to do so can lead to fines and severe penalties.

Topics: Supply Chain Management, Customs Consulting, International Trade Compliance & Enforcement, trade compliance, import compliance, shipping compliance

When companies don’t comply with trade regulations, they face fines, penalties, and potentially late delivery of their goods.

Topics: Customs Consulting, International Trade Compliance & Enforcement, trade compliance, import compliance, shipping compliance

 

An FDA ruling put in place in 2017 seeks to ensure that all countries meet minimum food safety requirements to prevent foodborne illness.

Topics: trade compliance, shipping compliance, FSVP Plan, food safety, FSVP

No importer wants to leave their product sitting in a port longer than they have to, especially when doing so can rack up thousands of dollars in demurrage and detention fees.

Topics: Customs Consulting, Freight Forwarding & Cargo Transportation, detention, demurrage, demurrage and detention

Any information that affects your freight is information that you should know. Are you aware of the proposed changes to Incoterms 2020?

Topics: Customs Consulting, Incoterms, freight, incoterms 2020, shipping comliance, freight forwarding

Have you been shipping products blindly? Shipping without knowing how Incoterms affect your freight creates a risk that could cost you anywhere from a few thousand dollars to completely bankrupting your business.

Topics: Customs Consulting, Freight Forwarding & Cargo Transportation, Freight Agents, compliance, Incoterms