Keep Your Money Longer with Periodic Monthly Statement
…the release of goods. Why is this so good? Normally all duties are paid just ten days after the release of the goods. Customs brokers usually request payment of invoices…
Learn the Ropes of Export Trade Financing
…Financing Government-Guaranteed Export Working Capital Programs Export Credit Insurance Export Factoring Forfaiting Government Assisted Foreign Buyer Financing Government-Backed Agricultural Export Financing Foreign Exchange Risk Management Get the guide [Online] [PDF]…
Interactive Port Maps Galore at Worldportsource.com
It’s ports-a-plenty at worldportsource.com, a free online directory of satellite maps and other information on over 4,500 world ports. The site lists ports by country and region. An interactive satellite…
Don’t Overlook Reasonable Care
…[1] import documentation country of origin verification, marking, and labeling tariff classification, valuation, and duty rates quantity free trade agreements other government agencies recordkeeping Although this is by no means…
If My Cargo Is Not Adequately Insured, What Is My Exposure?
…of these risks are not contemplated by riders attached to property covers that attempt to protect goods in transit. As such, these riders fall short of the mark. De Facto…
Good News: Customs Increases Informal Entry Value Limit
…entry, an informal entry is less costly and less of a hassle to the importer. By increasing the informal entry value limit to $2500, Customs is allowing more goods to…
Building Your Social Compliance System
…Forced Labor Toolkit was created specifically for companies wanting to put a social compliance system in place. Focused on practices for companies that produce goods, rather than services, this online…
LA’s Pier 400 Closed Today; Expect Delays.
Client Alert APM’s terminal (Pier 400) at the Port of Los Angeles is closed today, after striking clerical workers refused a local arbitrator’s ruling to return to work this morning….
Who Passed the Customs Broker Exam?
…duty to itself. D. The U.S. Air Force should not pay duty because the Stealth XP-070 is exempt from duty. E. The U.S. Air Force should pay duty, taxes and…
When Customs Visits a Textile Factory
…truly qualifies for duty free treatment. If nothing else, it should serve as a cautionary tale for textile/clothing importers to choose their foreign suppliers carefully. During one particular factory visit,…