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.
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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?
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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.
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Topics: Customs Consulting, Freight Forwarding & Cargo Transportation, Freight Agents, compliance, Incoterms
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.
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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.
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Topics: Supply Chain Management, Customs Consulting, International Trade Compliance & Enforcement, Freight Forwarding & Cargo Transportation
