Get an overview of the 2021 General Average events to better understand the frequency of these occurances. A frequent question we receive when talking about General Average is "how common is it for...
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[Video] Filing A Claim with Your Carrier
In an educational video, Trade Risk Guaranty covers the process of filing a claim under your carrier's limit of liability. There is a widely misunderstood belief that a freight carrier is...
What is a Canadian D120 Customs Bond & How Does it Work?
With the recent updates implemented by CARM, many Canadian importers need to get more familiar with the Canadian D120 Customs Bond and how it works. The Canadian D120 Customs Bond has been part of...
The 5 Busiest Container Ports in the United States
If you’re a U.S. importer, there is a good chance that your goods are entered in one of the 5 busiest ports in the United States. What is a Port of Entry? A port of entry is a location where...
Calculating Bond Size for the Canadian D120 Customs Bond
There has been a lot of talk about the upcoming requirement for Canadian importers to secure their own bond, but how can bond size be calculated before the June 2022 date? As of June 2022, it will...
Introduction to CARM and the Canadian D120 Customs Bond
The upcoming CARM regulations will make it mandatory for Canadian importers to have their own D120 Customs Bond as opposed to relying on the bond of their broker. A change is on the horizon for...
What is HTS and HTSUS?
Harmonized Tariff Schedule (HTS) codes identify all internationally traded goods and are the same for all countries that use the HTS, while HTSUS codes are specific to the United States. Harmonized...
The History of Piracy in International Trade
To better understand and mitigate the threat of the pirates, it helps to better understand the history of piracy in international trade. The history of piracy has struck fear into the hearts of...
Customs Drawback Bond | Activity Code 1A
A Customs Drawback Bond guarantees full repayment to U.S. Customs and Border Protection of an overpaid drawback as determined by the liquidation of the drawback claim. What is a Drawback Bond? When...
Customs Bond Activity Code Guide
There’s an array of activity codes associated with US Customs bonds. The most common bonds are activity code one importer bonds; however, the other types of Customs bonds play a crucial role in...
[Video] 3 Reasons U.S. Customs Bonds Are Deemed Insufficient
In an educational video, Trade Risk Guaranty identifies the top three reasons U.S. Customs Bonds are deemed insufficient. U.S. Customs Bond Sufficiency is one of those hard-to-grasp topics that...
What Insurers Want to Know Before Insuring Your Warehouse Goods
Numerous factors go into the decision for an insurer to offer a quote for warehouse cargo insurance coverage. Let’s discuss what they want to know about your business. Warehouse Insurance protects...