Download: The Global Trade Playbook for Canadian Exporters

Download: The Global Trade Playbook for Canadian Exporters

WHITE PAPER PREVIEW Canadian exporters face a dynamic global trade environment, especially when trading with the United States and expanding to other international markets. The NOD framework – Navigating the Risks, Optimization, and Diversification – provides a strategic approach to strengthen global trade success. This guide lays out each NOD component with focused strategies, followed by the five foundational…

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First Sale Valuation: CBP Enforces Stricter Compliance Standards

First Sale Valuation: CBP Enforces Stricter Compliance Standards

US Customs and Border Protection (CBP) has intensified its enforcement of the “first sale” valuation method, emphasizing rigorous adherence to established criteria. The "first sale" principle allows importers involved in multi-tiered transactions to declare the transaction value between the manufacturer and the middleman, potentially reducing import duties compared to declaring the value between the middleman…

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LTL Classification System Overhaul Coming to NMFC

LTL Classification System Overhaul Coming to NMFC

Effective July 19, the changes outlined in Docket 2025-1 will significantly impact the structure of the National Motor Freight Classification (NMFC) system. As the industry pivots towards a more standardized and efficient classification structure, businesses must be proactive in understanding these updates and their potential impacts. Changes in Docket 2025-1 The NMFC Guide is transitioning…

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