News

What Is A Customs Bond And When Do I Post It?

What Is A Customs Bond And When Do I Post It?

If you’ve got your feet wet importing goods from overseas then your company will no doubt have become familiar with the concept of posting a customs or import bond. For those that are new to import/export, here’s is the basic information on what a customs bond is and...

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Garment Production in China in the Age of Tariffs

When U.S. tariffs were levied in September on $200 billion worth of Chinese imports, some apparel companies saw the writing on the wall even if they wanted to erase it. The 10 percent tariffs did not cover apparel or footwear, but it did include fabric and handbags...

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The Threat Of European Auto Tariffs

With the trade news justifiably focused on the ongoing trade war between China and the United States, less attention has been focused on the growing threat that the Trump Administration might impose high duties of up to 25% on European automobiles being imported into...

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Reducing Land Based Freight Costs

Lately it seems like the cost of everything is going up – and freight costs are no different. But that’s no reason to fall into the trap of doing what you’ve always done, just because you’ve always done it. With a refreshed approach to your logistics challenges,...

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Reducing Domestic Freight Costs

Freight costs account for a large portion of your company’s expenses. So, if your business deals in large quantities of inventory, transportation costs can have a significant impact on profits. By reducing the domestic freight costs on a day-to-day basis, you can...

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Data Security in Import and Export

Cyber attacks and breach of security can cost companies millions of dollars especially when those breaches affect import/export data and record keeping. In 2017, the NotPetya attack on Maersk’s computer network cost the company over $300 million. In 2018, COSCO had a...

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