How general average insurance impacts customs and freight forwarding
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Events like equipment failure and dangerous weather can force ocean shippers to lose cargo. This triggers the principle of General Average (GA), which shares the financial burden of loss.
7 key factors to consider for cargo insurance
Protecting your business’s investment in goods during transit is essential for maintaining financial stability. Cargo insurance ensures that unexpected losses—whether due to accidents, theft, or natural disasters—do not disrupt operations.
9 reasons why tariff classification is complicated
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Providing the right HS codes for Canadian imports prevents delays and extra costs, but determining accurate tariff classification codes can be complicated.
How IMO 2024 impacts freight forwarding and customs compliance
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The International Maritime Organization (IMO) has set the stage for a transformative shift in global shipping with its 2024 framework, which is set to be ratified in 2025.
Top 10 logistics innovations and trends to follow
Logistics continue to evolve at an unprecedented pace, with many trends driven by tech advances and innovation that benefit individual importers and large businesses alike.
Import tax basics in Canada – don’t pay more than you need
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Importing goods into Canada can be a profitable endeavor, but you need to get your import taxes right to ensure compliance with Canadian laws and avoid unexpected costs.
Importer self-assessment (ISA) with the U.S. CBP
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Preparation is key to success in trade. The Importer Self-Assessment (ISA) program, administered by U.S. Customs and Border Protection (CBP), is an initiative designed to prepare importers for seamless, enhanced trade compliance.
Labeling requirements U.S. imports: Essential guide for importers
Compliance with U.S. labeling regulations is not just an important part of importing goods - it’s mandatory. Failure to meet U.S. labeling requirements can lead to consequences such as fines, shipment delays, or the rejection and destruction of your products. This guide shows you the essentials of labeling standards.
How to hire a freight forwarder for your business
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In today’s globalized marketplace, moving goods efficiently across borders is more critical than ever. That’s where a great freight forwarder comes in.
How the World Customs Organization (WCO) benefits importers and exporters
The World Customs Organization (WCO) plays a critical role in simplifying and streamlining trade processes that promote smooth international trade. Canadian importers and exporters can benefit from accessing resources and learning about standards provided by the WCO.
