Deringer Digest Blog

  • There are no suggestions because the search field is empty.

DAP: Freight Terms Importers Should Know

Posted by Chris Brennan on 9/2/20 7:12 AM

Importing and exporting carries risks, but who bears those risks depends on the chosen Incoterm.  

Read More

Topics: Supply Chain Management, Incoterms, trade compliance

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

Posted by Tammy Flanders Hetrick on 2/10/20 1:20 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.

Read More

Topics: compliance, trade compliance

Beyond the Dollar: How to Compare Customs Brokers

Posted by Tammy Flanders Hetrick on 12/17/19 3:12 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.

Read More

Topics: trade compliance, Customs Broker, Brokerage

Why Trade Compliance Should be a Priority for Your Company

Posted by Tammy Flanders Hetrick on 11/8/19 8:44 AM


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.

Read More

Topics: Supply Chain Management, Customs Consulting, trade compliance

3 Pillars of Import Compliance Risk Management

Posted by Tammy Flanders Hetrick on 11/8/19 8:39 AM


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

Read More

Topics: Customs Consulting, trade compliance

How to Implement an FSVP Plan in 7 Steps

Posted by Mike Lahar on 10/17/19 6:00 AM

 

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

Read More

Topics: trade compliance, FSVP

Incoterms 2020: Preparing for Proposed Changes

Posted by Teresa Chapman on 9/27/19 11:41 AM

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

Read More

Topics: Customs Consulting, Incoterms, freight, freight forwarding, trade compliance

Binding Ruling Requests & How They Benefit Importers

Posted by Tammy Flanders Hetrick on 9/9/19 2:30 PM


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.

Read More

Topics: Supply Chain Management, Customs Consulting, trade compliance

Transshipment Problems & Best Practices for Importers

Posted by Jerrod Nutt on 8/27/19 7:03 PM

Section 301 tariffs and, to a lesser extent, Section 232 duties make it more attractive for importers to gain the system. 

Read More

Topics: Supply Chain Management, Customs Consulting, freight forwarding, trade compliance

Top 5 Mistakes that Result in a CF28 or CF29

Posted by Jerrod Nutt on 8/21/19 6:23 PM

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.

Read More

Topics: Supply Chain Management, Customs Consulting, CF29, freight forwarding, trade compliance

Why Transshipment May Increase in 2020

Posted by Matt Parrott on 5/23/19 8:00 AM
Read More

Topics: Supply Chain Management, freight forwarding, trade compliance

IMO 2020: What Shippers Must Know

Posted by Teresa Chapman on 4/26/19 10:06 AM

A specialized agency of the United Nations, the International Maritime Organization (IMO)’s mission is to “promote safe, secure, environmentally sound shipping through cooperation.” 

Read More

Topics: freight forwarding, trade compliance

More to Read