Ocean freight carrier contracts are typically renegotiated annually, often aligning with shipping cycles and peak seasons. April is a common month for these renegotiations, as it marks the start of the spring shipping season ahead of the busy summer months. The...
In freight forwarding, FCL, LCL, and BCN refer to different containerized shipping methods and terms related to the transportation of goods. The terms primarily revolve around how much space is used in a shipping container, whether you have enough volume to fill a...
Does your company regularly move products across borders for events or demonstrations? Shipping goods internationally typically follows a standard set of procedures for goods entering a country with applicable duties and tariffs required. But what if you do not plan...
As globalization continues, companies and countries rely on each other for goods and resources that are not locally available. Through the global trade network, businesses can expand and access larger markets beyond their domestic borders to gain customers, increase...
The global shipping market is a complex, dynamic industry that plays a crucial role in international trade and the movement of goods across the world. There are more than 7,000 active ships in the world and over 30 million containers. The market of shipping carriers,...
The Mexico Tax Administration Service recently announced that it has scheduled a maintenance outage to the Ventanilla Única de Comercio Exterior Mexicana (VUCEM) system, beginning on February 8th at 12:00 (Mexico-CST) that could last up to 7 days through February 15th...
Following President Trump’s announcement of tariffs on Canada, Mexico, and China, customs brokers and importers should be prepared to mitigate potential disruptions and financial impacts that increased duties could bring. Even if negotiations between the trade...
On Saturday, February 1st, the Trump administration imposed tariffs targeting Canada, Mexico, and China under the International Emergency Economic Powers Act (IEEPA). As a means to address the threat of illegal aliens and drugs, the tariffs include a 25% tariff on...
Logistics refers to the process of planning, implementing, and managing the efficient movement and storage of goods. It encompasses a range of activities from supply chain management, transportation, and warehousing to order processing, inventory management, and...
Global freight forwarding has significantly changed in recent years due to various economic, political, and environmental factors. Most significantly, we see shifts in consumer behavior, technological advancements, sustainability efforts, and global events impacting...
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