Blog Posts

Honest Import Transaction Mistakes

 
“I think I've found an error in my Canadian import transactions, and it's my fault.  What can I do?”
 
Human error is a fact of life and honest mistakes can happen. No matter the nature of your business or the size of your company – no one is immune to the possibility of a slip-up.
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Consolidation and Cross-docking: Two methods for improving shipping efficiency

 
Consolidation and cross-docking are smart practices that all shippers should consider making use of to maximize efficiencies. When incorporated into your everyday shipping routines, they can both help lower costs and improve product flow.
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Chapter 5: Importing into the U.S. – Maximize your likelihood of success with U.S. Customs

 
The most effective approach to ensuring a smooth U.S. Customs experience is to take proactive measures and remain fully informed. With proper planning and by tapping into expert advice as needed, your company will be less likely to face customs inquiries and scrutiny – and penalties.
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Shipping giant Hanjin files for bankruptcy – How does this affect me?

The global economic downturn of recent years has severely affected profits across the cargo shipping industry, with Hanjin Shipping Co. the most recent casualty.
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Give me a break! Expanded tax and duty breaks for U.S. importers

 
The Trade Facilitation and Trade Enforcement Act (TFTEA) was signed into law in February of this year and brought in regulatory changes in several areas, including tax and duty exemptions at the U.S. border.
 
Included in the TFTEA is an amendment to Section 321 of the Tariff Act which provides that eligible entries – those valued below a certain dollar amount – can be imported free of taxes and duties. Up until March of this year, the threshold for such an exemption – the de minimis value – was $200USD. Under the recent amendment, this value has been increased to $800USD.
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Chapter 4: Importing into the U.S. – Know Your Responsibilities

Customs brokers work with companies that import and export goods across international borders to help ease the process and reduce the possible risks associated with cross-border trade.
 
Under the Mod Act, importers are responsible for demonstrating compliance with U.S. Customs and Border Protection (CBP) requirements – even those who engage the services of a customs broker or other consultant. The Mod Act puts the burden squarely on the importer to prove they have complied with CBP requirements.
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Chapter 3: Importing into the U.S. – Tools are available to save you time and money

 
There are several programs available to importers that can facilitate the importation process and save money. Although it may seem daunting if you haven’t tapped into these programs before, it is well worth making use of them as the cost savings can be substantial.
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How to be a *Gold-Star Importer*

 
Mitigate border delays, penalties, and sleepless nights by being a fully informed, law-abiding citizen.
 
Cross-border shipping is an important part of your business and it takes time and attention to ensure you get it right. Fulfilling your customs responsibilities will save you time and money in the long term.
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Duty Drawbacks: Don’t miss out on a chance to save money!

 
Do you frequently import goods, pay the duties and then re-export those goods, either as-is or incorporated into a finished product?
 
Even if you’ve done this hundreds of times, you may not know that duties can usually be recovered on those items. Filing a duty drawback can have significant benefits – reducing your costs and enabling you to price your goods more competitively.
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Is it my imagination… or is Customs getting smarter?

 
Have you ever experienced inconsistency at the hands of U.S. Customs? Ever had shipments of similar or even identical goods classified differently at different ports of entry?
 
Chances are, you have. This isn't really that surprising, given that import assessment and decision-making has historically been done by whichever Customs official is on duty at whichever port of entry your shipment happens to come through. The result of this system, as you may well know, is inefficiency and unpredictability. And that’s not good for business.
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