The shape of the shipping industry is changing constantly as the future of the global economy is shifting. Different industry players and freight forwarders are accommodating these changes as they come. Technology, global trade, and a changing job market are some factors contributing to some of the challenges. What Are the Major Challenges Freight Forwarders Face Today? Whether your supply chain depends on ocean shipping or moving your cargo via air freight companies, you likely
Ocean freight shipping is used globally to move items across the world. Once your business calls for regular high volume shipping, ocean freight shipping can provide a number of benefits to your supply chain. The majority of cargo and product shipping happens via ocean freight, especially larger items. By partnering with a number of other ocean freight shipping services, global logistics companies can consolidate and move cargo from different shipments depending on size, location, and
When shipping across the world, your paperwork, money, and cargo may pass through different hands, intermodal points, and countries. Having the correct paperwork and delivery duty paid is extremely important as it will save you time and money. Logistics between the buyer and the seller can get complicated, so delivered duty paid (DDP) makes sure the seller is responsible for all payments through delivery. Incoterms DDP: Spotlight on Delivered Duty Paid Incoterms, or International Commercial
What Is A Customs Bond? A customs bond is a contract made between three parties, the U.S. Customs and Border Protection (CBP), the importer, and the surety company. An importer will take out a bond from a surety company, who guarantees the CBP will be paid imported duty, taxes, and fees. When Do I Need One? You will need a customs bond if you are importing goods valued at over $2,500. In addition, you will
When shipping your products or cargo around the world, you may opt to use air as a method of transport. Air freight is by far the quickest way to transport something from one place to another. While most freight and cargo shipping is done via sea or rail, air freight provides a time-sensitive shipping solution for door to door transport. Air freight shipping has a lot of advantages, mostly lower transit times for cargo. It
Moving goods around the world can be a task with a lot of steps and logistics. However, when importing and exporting goods in and out of the United States, you will need customs surety bonds. We’ll look into what is a US customs bond, when you need it and how to obtain one. Customs bonds are used anytime you want to import goods, or move imported goods through the United States. A surety licensed bondsman
