Is DDP the best solution for your shipping process? Regarding Incoterms®, US importers and exporters often choose DDP (Delivered Duty Paid) for their shipments. It is important the buyer and seller understand their obligations and liabilities under this term. Here are a few highlights for consideration when using this Incoterms®. Under this arrangement, the…
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Trans-Pacific carriers have announced a General Rate Increase (GRI) effective July 15, 2024. This GRI will affect all Canadian and USA destinations. The following amounts are in USD and apply to all freight originating in Asia and the Indian Sub-Continent. General Rate Increase Applies to all U.S. and Canadian ports Effective July 15, 2024 Equip.USD20…
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The US Food and Drug Administration (FDA) is set to start enforcing the registration requirements of the Modernization of Cosmetics Regulation Act of 2022 (MoCRA) on July 1, 2024. MoCRA was established to help ensure safety in the related product categories for daily-use cosmetics. As the Act is currently written, there is no change to…
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The Office of the US Trade Representatives (USTR) announced that new, and higher, tariff actions will be phased in over the next few years. As the industry comes to terms with this hike on an array of commodities, there’s never been a better time to revisit how the first tariffs were brought about—back in 2018—and…
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Trans-Pacific carriers have announced a General Rate Increase (GRI) effective July 1, 2024. This GRI will affect all Canadian and USA destinations. The following amounts are in USD and apply to all freight originating in Asia and the Indian Sub-Continent. General Rate Increase Applies to all U.S. and Canadian ports Effective July 1, 2024 Equip.USD20…
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UPDATE: 6/12/2024— PSAC members have decided not to strike after the union announced they reached a tentative contract agreement with CBSA. Details of the agreement are expected to be released on Thursday, June 13—members are being told. Union members will still need to vote to ratify and finalize the deal. Mohawk Global will continue to…
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