Why FBA Sellers ShouldPurchase a Customs Bond

Why FBA Sellers Should Purchase a Customs Bond

When importing for Amazon, it is essential that you take the initiative to purchase your own Customs bond to avoid liability and likely save money. What is a Customs Bond, and Why do I Need it? A Customs import bond is a financial guarantee between the surety issuing the bond, the importer of record, and…

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Suez Canal Blockage Results in General Average

Suez Canal Blockage Results in General Average

The Suez Canal was blocked for six days between March 23rd and 29th, 2021, after the accidental grounding of a cargo ship known as the Ever Given. General average has officially been declared as a result of this event. What Happened on the Suez Canal? On the morning of March 23rd, 2021, strong winds and…

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8 Things to Know When Importing Wine Into the U.S.

8 Things to Know When Importing Wine Into the U.S.

Those shipping wine to the United States will need to work with Customs to get it imported, and there are a few things to know about navigating this. The key to efficiently importing wine into the U.S. is knowing all the restrictions and regulations that apply, along with a few other specific steps. 1. Ensure…

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How to File an Importer Security Filing (ISF)

How to File an Importer Security Filing (ISF)

Also known as an Importer Security Filing, submitting an ISF is mandatory for those importing containerized cargo into the United States. What is an ISF? An ISF is required for containerized shipments entering the United States through ports. This national security measure requires importers to transmit specific information to U.S. Customs and Border Protection (CBP),…

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How to Package Wine Imports

How to Package Wine Imports

If you’re importing wine into the United States, it’s essential to know how to carefully pack wine with protective packaging to avoid damage during transit. Importing into the U.S. can be confusing for those that are new to it. Before selling their wine, importers need to understand their obligations in the import process and pack their…

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What is a BOR Letter?

What is a BOR Letter?

BOR letters legally determine the insurance agent allowed to send quote applications to insurance companies on your behalf. A Broker of Record (BOR) letter is a contract where someone designates an insurance agent (or broker) as their representative to an insurance company. Their new insurance agent drafts the BOR letter and presents it to the…

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