Duty drawback can benefit companies when a drawback claimant adheres to all requirements. This means the claimant pays careful attention to detail, keeps accurate records, and follows procedural standards set by U.S. Customs and Border Protection (CBP).
Topics: Customs Consulting, Brokerage
As an importer, the onus is on you to be aware of the regulations that apply to your products. This includes those set by Partner Government Agencies (PGAs).
Topics: Customs Consulting, International Trade Compliance & Enforcement, compliance, Customs Broker, Brokerage
Why Trade Compliance Should be a Priority for Your Company
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
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
Understanding Incoterms and How to Alleviate Shipping Risks
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
Binding Ruling Requests & How They Benefit Importers
Correctly classifying merchandise or products for import involves a sea of rules that govern import classifications.
These rules are often confusing and unclear, and doing this incorrectly can come at a hefty price. Binding rulings help clear up any confusion by providing classification and duty rates in advance.
Topics: Supply Chain Management, Customs Consulting, International Trade Compliance & Enforcement, binding rulings
Section 301 tariffs and, to a lesser extent, Section 232 duties make it more attractive for importers to gain the system.
Topics: Supply Chain Management, Customs Consulting, International Trade Compliance & Enforcement, Freight Forwarding & Cargo Transportation
Most importers have had at least one CF-28 or CF-29 scare. Companies that haven’t most likely will at some point, as U.S. Customs and Border Protection (CBP) cracks down on import compliance.
Topics: Supply Chain Management, Customs Consulting, International Trade Compliance & Enforcement, Freight Forwarding & Cargo Transportation, CF29
The Benefits of Importing Goods to the U.S. Through Canada
In today’s digital age, importers are learning how to save thousands of dollars in shipping costs and transit times by transporting their goods through the Canadian Gateway.
Topics: Customs Consulting, Freight Forwarding & Cargo Transportation, Freight Agents