On Friday, June 15th, the United States Trade Representative announced that the U.S. was moving ahead with imposing a 25% duty on list of a little over 800 different harmonized tariff items from China. Customs and Border Protection will begin collecting these duties for goods entered or withdrawn beginning July 6, 2018. Following a comment… Read more »
The commercial invoice (CI) is the record of a sales transaction and a crucial part of any import/export shipment. In a transaction, these documents record the buyer and seller’s information, detailed descriptions and quantities, trade terms, price, reference marks regarding the packaging and contents, payment arrangements, and the signature of the exporter that are agreed… Read more »
One of the side effects of being in the logistics industry is that you look at certain things through a different set of eyes. When I go shopping, I look at country of origin markings. When I see foreign aircraft I usually know the flight number and where it’s coming from. Ocean containers are a whole different discussion… Read more »
(Photo Credit Flickr User Frans Berkelaar, CC BY 2.0) 2015 is coming to a close with two notable consolidations in the ocean carrier business; COSCO is purchasing China Shipping and CMA-CGM is purchasing NOL and their liner subsidiary, APL, for $2.2 billion. COSCO has announced that China Shipping will exit the liner shipping business (read:… Read more »