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Home » Supply Chain Dictionary » Page 2
Breaking the Status Quo in Shipping

Breaking the Status Quo in Shipping

by Alex Pappas | Dec 2, 2019 | Freight Forwarder, Logistics, Popular Freight Forwarding Blogs, Supply Chain Dictionary

Breaking the Status Quo in Shipping Updated: 1/27/2021 Importers and exporters alike deserve the best in customer service, tracking, and technology. The best freight forwarder for your needs is one that utilizes the latest technology and skillful negotiation to help...
How the Chinese New Year Affects Shipping

How the Chinese New Year Affects Shipping

by Alex Pappas | Nov 20, 2019 | Freight Forwarder, Logistics, Supply Chain Dictionary

How the Chinese New Year Affects Shipping The Chinese New Year and its Global Impacts Most major holidays have unique impacts on varying industries. The Chinese New Year is arguably the most important holiday in how it impacts the logistics of businesses on a global...
How the First Sale Rule will save you

How the First Sale Rule will save you

by Alex Pappas | Sep 24, 2019 | Compliance, Supply Chain Dictionary

How the First Sale Rule will save you Ever-increasing tariff or duty rates are having a dramatic impact on US importers’ landed cost. These additional expenses negatively impact sales and restrict business growth. Perhaps it would be wise to consider potential...
Foreign Trade Zones: What you Should Know

Foreign Trade Zones: What you Should Know

by Alex Pappas | Jul 1, 2019 | Compliance, Freight Forwarder, Logistics, Supply Chain Dictionary

Foreign Trade Zones: What you Should Know What is an FTZ? Foreign Trade Zones (FTZ’s) are designated geographical areas (typically warehouses) governed by U.S. Customs. Generally located around major ports throughout the country, FTZ’s were created by the...
What is an HTS Code?

What is an HTS Code?

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...
Demurrage: FAQ’s and How to Avoid it

Demurrage: FAQ’s and How to Avoid it

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...
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