by Alex Pappas | May 31, 2019 | Compliance, Freight Forwarder, Logistics, Supply Chain Dictionary
What is an HTS Code? Anatomy of an HTS Code HTS is the abbreviation for Harmonized Tariff Schedule. The HTS is a master list of 10-digit codes that classifies internationally traded goods. It was developed in 1988 by the World Customs Organization – not only to...
by Corina Meoño | Apr 26, 2019 | Compliance, Logistics, Supply Chain Dictionary
Demurrage: FAQ’s and How to Avoid it Imagine for a moment your freight has arrived at the port. Five days have passed, and your cargo still has not left the terminal. What could have happened? Poor communication and coordination, disputes, and lack of contingencies...
by Alex Pappas | Mar 25, 2019 | Air Freight Forwarding, Compliance, Supply Chain Dictionary
What is a Known Shipper (KSMS)? The Known Shipper Management System (KSMS) is a program the Transportation Security Administration (TSA) uses to qualify shippers to load cargo on passenger planes in the U.S. The purpose of the KSMS is to enhance international and...
by Corina Meoño | Oct 2, 2018 | Compliance, Logistics
Mastering Duty Payment Options: ACH and PMS Mastering Duty Payment Options: ACH & PMS Customs duties are a part of daily life as an importer, but their impact on company operations can be significant. This impact is becoming more severe with recent tariff...
by Alex Pappas | Aug 15, 2018 | China, Compliance, Freight Forwarder, Tariff Engineering
HTS Lists of Implemented and Proposed Tariff Increases As a follow up to Trade War with China: An Importer’s Survival Guide, we’ve included the three lists of recently implemented and proposed tariff increases from Mainland China. Download Lists Below List...
by Alex Pappas | Jul 25, 2018 | Compliance, Freight Forwarder
Trade War with China: An Importer’s Survival Guide Unfortunately for many businesses in the USA, America finds itself in the position of fighting a “four front” trade war against Canada, Mexico, the entire European Union and, most significantly of all, China. That...