Taxes, duties, and tariffs are often and easily confused with one another when it comes to international shipping. Importers need to understand what they mean and what the key differences are....
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Cargo Insurance Risk Management Options
When insuring their cargo, importers will need to decide what risk management option is ideal for their business. When purchasing Marine Cargo Insurance, Importers must choose if they want to insure...
What is an Endorsement Clause?
An insurance endorsement clause, also called a rider, is an amendment attached to an insurance contract that adds, removes, or changes the policy's coverage. An endorsement clause can be added when...
What is Marine Cargo Insurance?
Marine Cargo Insurance covers the loss, damage, or theft of commodities while in transit between the point of origin and final destination. This is also known as shipping insurance or freight...
Importing For Amazon: 8 Steps to Begin Selling on Amazon
Those who want to sell products manufactured outside the United States using Fulfillment by Amazon (FBA) will need to learn the basics of importing and the steps for becoming an Amazon seller. FBA...
What is an Importer of Record?
An Importer of Record is responsible for entry documents required by U.S. Customs and Border Protection, product classification, payment of duties, and other import obligations needed to import...
Types of Marine Cargo Insurance Coverage
There is a wide variety of marine cargo insurance coverage options available. Shippers should be familiar with the two primary types that exist to decide what kind of coverage is right for them. The...
Importing for Amazon: Labeling Requirements
Shippers using the services of Fulfillment By Amazon must follow specific labeling requirements set by Amazon to ensure an efficient and hassle-free shipping process. FBA Product Labeling...
Challenge Filed On Section 301 List 3 Tariffs
On 9/10/20, a group of vinyl tiling companies: (HMTX Industries LLC, Halstead New England Corporation, and Metroflor Corporation) filed a lawsuit against the Office of The United States Trade...
Carrier Limit of Liability: Filing a Lost Freight Claim
Filing a lost freight claim with a carrier while only being covered by carrier limit of liability is consistently a losing battle for shippers. Shippers expecting to be fully reimbursed by their...
The 6 Methods of Customs Valuation
Customs valuation is generally determined using transaction value. However, when using transaction value is insufficient, valuation can be determined using 5 other methods. The 6 Methods of Customs...
Importing For Amazon: Best Shipping Practices
To successfully and efficiently ship products to Amazon, FBA sellers should follow proper shipping practices. This can help FBA sellers avoid a lot of hassle, including delays, shipment rejections,...