Essential Steps to Navigate the ILA and USMX Strike

As the September 30 deadline for the master contract between the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) approaches, concerns are mounting over a potential strike commencing on October 1. This agreement impacts 45,000 dockworkers across 36 key ports from Maine to Texas, making the stakes incredibly high. Immediate Actions Recommended … Read more

Unlocking the Secrets of Customs Clearance: The Vital Role of Liquidation and How to Keep Track!

  The liquidation process by U.S. Customs and Border Protection (CBP) is a crucial step in finalizing the duties and taxes on imported goods. Here’s an illustration of the process: 1. Entry Filing: Importer Declaration: The importer or their customs broker files an entry summary (CBP Form 7501) with CBP, declaring the imported goods and providing … Read more

Navigating the High Seas: Your Ultimate Guide to International Shipping Options and Best Practices

    When it comes to international shipping, choosing the right method can significantly impact cost, efficiency, and the condition of your goods upon arrival. Here’s a comprehensive breakdown of the various options available: 1. Sea Freight Dry Containers Description: Standard containers used for most types of cargo. Best For: Non-perishable goods like electronics, textiles, … Read more

Mastering Compliance: 5 Essential Strategies to Screen Supply Chains According to CBP Requirements!

In recent years, the role of customs brokers has evolved significantly, driven by increased scrutiny from U.S. Customs and Border Protection (CBP). This heightened focus is compelling brokers to invest in advanced technology to better understand and manage the regulatory risks their shipper clients face. While the mandate for technological investment has always been implicit, … Read more

5 Essential Roles of a Customs Broker in USA

Customs brokers play a pivotal role in the international trade process by ensuring that all shipments adhere to the myriads of international trade regulations and laws. They act as intermediaries between importers and government authorities, handling the complex process of customs clearance. This compliance is not just about ticking boxes; it involves a deep understanding … Read more

Tips on the Importance of Staying Informed and Compliant in the Dynamic Field of International Trade

gte conference

Global Trade Pros Converge in Chicago for Cutting-Edge Industry Insights Global Trade Educational Conference (GTE), hosted by NCBFAA, celebrated its 10th year by bringing together over 300 importers, exporters, customs brokers, freight forwarders, service providers, and global logistics professionals from across the United States. For two days in Chicago, international trade professionals had the chance to … Read more

How to Setup Foreign Trade Zones

ftz

 About Foreign Trade Zone Foreign Trade Zones (FTZ) are secure areas within the United States that are considered to be outside of U.S. Customs territory for tariff purposes. FTZ benefits are available to any U.S.-based company, and these zones are not restricted to specific geographic locations within the United States, providing flexibility for companies in … Read more

How to Successfully Claim Duty Drawback

duty drawback

Duty Drawback is a program that helps exporters offset some of the costs accrued during the export process. It permits the American manufacturer to compete in foreign markets without the handicap of including in the costs, the duty paid on imported merchandise. The program gives rebates on Customs and Central Excise chargeable on any imported … Read more

Global Shipping Challenges

container port

The global shipping industry is facing a cascade of challenges, with the Red Sea cargo shipping disruptions being a significant contributor. The ongoing conflict in Yemen has necessitated rerouting around the Cape of Good Hope, leading to longer transit times and increased operational costs. This shift has strained shipping capacity, as vessels are tied up … Read more

Understanding Chemical Logistics

Logistics has been around for centuries. Initially associated with the Greek and Roman military for the movement and support of their armies, it eventually represented the organized movement of goods and materials in business. Logistics involves the movement of goods from A to B using an array of services and service providers, using multiple modes … Read more