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Imagine you're preparing to ship a high-tech product or valuable equipment internationally. Everything appears to be on track, but then an unforeseen issue arises: demurrage charges. Suddenly, your meticulously planned budget is impacted,...

What if we told you that the price tag on your favorite imported product is shaped by more than just supply and demand? Behind the scenes, two hidden forces—tariffs and duties—are quietly driving...

One of the most common challenges businesses face in international shipping is when shipments must go through customs to be customs cleared before they can reach their final destination. Customs clearance is a...

International shipping involves numerous complexities, particularly when it comes to understanding the key terms and processes that govern cross-border trade, such as the role of a customs broker. While many businesses may confuse...

The updates to Incoterms 2020 explain the roles in trade contracts. They help parties understand the costs and risks of orders and shipments. But what are these updates, and how will they affect...

So, how can we identify goods and products shipped internationally? The key to accurate identification lies in the Harmonized Tariff Schedule HTS code, a standardized numerical system used worldwide to classify products. It...

Did you hear about the universal language of trading? It's the HS code, a vital tool that bridges the gap between businesses, customs officials, and governments across the globe. This universal classification system...