How will freight rates increase in 2024?
North American shippers and importers should expect freight rates to rise in 2024. A range of factors, from energy prices to geopolitical problems, will create disruptions to the freight industry throughout the year. Shippers across Canada and the U.S. should prepare to reduce the impact of projected freight price.
When Customs seeks verification, do you know how to respond
Companies shipping items across the Canada-U.S. border will eventually face a Customs audit (Verification). If the Canada Border Services Agency (CBSA) discovers that you haven’t complied with import regulations, they can apply financial penalties and recommend actions that ensure compliance.
Participating Government Agencies (PGAs) and the Single Window Initiative (SWI)
Some Canadian importers are surprised to discover that their goods must comply with regulations from multiple government agencies - in addition to the Canada Border Services Agency (CBSA). Failure to do so can create significant delays and additional costs.
