Industry terms relating to Freight Forwarding: FMC – Federal Maritime Commission (FMC) is in charge of governing vessel operators and non-vessel operators such as NVOCC’s and Freight Forwarders. Freight Forwarder – freight forwarder, forwarder, or forwarding agent is a person or company that organizes shipments for individuals or corporations to get goods from the manufacturer… Read more : What makes a great Freight Forwarder?
OCEAN PORT CONGESTION UPDATE
On July 18th, an organized motorcade protest at the Port of New York and New Jersey led to road closures and a temporary slowdown for trucks entering and leaving the Port. The protest consisted of dozens of buses and cars, including official Newark vehicles, driving through the port at about 5 miles an hour between… Read more : Port Alert: July 20, 2016
When you import goods to the United States, it is important that you adhere to certain guidelines set by the U.S. Customs and Border Protection (CBP). The importers need to accurately assess and declare the value of goods to the customs authorities before the arrival of the consignment. To ensure compliance, the officials may confiscate,… Read more : Importer’s Valuation Guide: How to Determine Customs Value for Duty
Importing and exporting commercial goods across the Canada-U.S. border can be a complex endeavor. Doing it right requires a solid understanding of and strict adherence to a litany of government regulations overseen by government agencies on both sides of the border. On the American side, U.S. Customs and Border Protection (CBP) is the gate-keeper. It… Read more : U.S. Customs Compliance. It’s important. What’s involved?