Blog Posts

eManifest – How Recent Regulatory Changes Impact the Role of the Freight Forwarder

Posted by Freight Forwarding Dept. - Cole International on Dec 22, 2016 9:00:00 AM
The CBSA defines a freight forwarder as “An agent who arranges for the transportation of goods and who may provide other services such as grouping and consolidating shipments, de-stuffing containers, Customs brokerage, and warehousing.”
In June, 2013, the Canada Border Services Agency introduced new systems to allow freight forwarders to electronically transmit advance house bill data to the CBSA. This “eManifest” capability is part of an ongoing CBSA initiative to modernize and improve cross-border commercial processes, enabling CBSA to target high-risk imports before they reach Canada, while speeding up the clearance process for low-risk importers.
[Read More]

Canadian dollar: Devaluation = Increase in exports?

Posted by Customs Brokerage Department - Cole International on Dec 21, 2016 8:15:00 AM
Many exporters are asking: “Why – in spite of our dollar trending so much lower from the days of parity – have we not seen a significant increase in Canadian exports?”
There is a widely held perception that a weaker Canadian dollar should make the country’s exports cheaper to foreign buyers, leading to greater demand for our products, increased domestic production, and improved economic growth. However, despite a devalued Canadian dollar of late, neither growth in exports nor overall economic performance has increased significantly.
[Read More]

Exporting to the U.S.? What you need to know about antidumping and countervailing duties.

Posted by U.S. Customs Dept. - Cole International on Dec 14, 2016 8:35:00 AM
Antidumping and countervailing duties (AD/CVD) are customs charges aimed at counteracting artificially low prices on foreign goods by eliminating unfair price advantages.
Antidumping duties combat the practice of dumping – when imported goods are priced so low as to intentionally lose money and out-compete domestically produced goods.
[Read More]

Looking to reduce the costs of doing business? Who isn’t?

Posted by Freight Forwarding Dept. - Cole International on Dec 7, 2016 8:15:00 AM
Companies ship their products down the street and around the world every day. In fact, shipping can be one of the more substantial expenses for a business – small or large. And in today’s competitive global marketplace, you need to keep on top of your expenses and be on the lookout for creative ways to keep them to a minimum.
[Read More]