Through the first quarter of 2021, U.S. trade has been making a recovery after collapsing in 2020 due to the COVID-19 pandemic. The WTO estimates that the volume of world merchandise trade is...
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[Video] A Breakdown of a Customs Bond Insufficiency Letter
In an educational video, Trade Risk Guaranty explains what is included in a U.S. Customs Bond Insufficiency Letter and what each section means. U.S. Customs Bond Sufficiency continues to be a...
The Impact of COVID-19 on the Top 20 U.S. Ports
Due to limitations on manufacturing and transport, COVID-19 has had a significant impact on U.S. imports. The top 20 U.S. ports have seen a drastic change in import volume, according to a report...
[Infographic] Personal Protective Equipment: U.S. Stats and Trends
The Personal Protective Equipment Manufacturing industry has become one of the most vital industries in the United States as a result of COVID-19. Statistics show that worldwide, the PPE industry is...
[Webinar] Why Are You Paying More For Cargo Insurance?
In a new installment of our educational webinar series, Trade Risk Guaranty explains why importers and currently paying more for cargo insurance and what caused the hard insurance market. Over the...
[Infographic] How New Consumer Shopping Patterns are Affecting the Supply Chain
Consumer trends and preferences evolve based on the environments they exist in. COVID-19’s impact on everyday routines has created a cause for examination across all aspects of the supply chain. As...
The History of the Plimsoll Line
The Plimsoll Line is an internationally agreed-upon reference mark located on a ship’s hull that indicates the maximum depth a vessel may safely immerse when loaded with cargo. Globally, the...
[Webinar] The Impact of COVID 19 on International Trade
In an educational webinar, Trade Risk Guaranty discussed the impact of COVID-19 on international processes around the world. As we all personally adjust to the new reality the coronavirus pandemic...
Number of Insufficient Customs Bonds in 2018 and 2019
TRG receives notices for insufficient Customs Bonds on the first week of every month for every bond we provide. So what did 2019 look like? Since Trade Risk Guaranty specializes in providing U.S....
[Webinar] Incoterms® 2020: What’s Changed?
Trade Risk Guaranty held an educational webinar covering the changes released in Incoterms® 2020 and why these changes were made. As of September 2019, the International Chamber of Commerce released...
[Video] What is Bond Sufficiency?
In an educational video, Trade Risk Guaranty explains the basics of bond sufficiency and how an importer must forecast their importing when an increase is necessary. Although U.S. Customs Bond...
[Video] What is a U.S. Customs Import Bond?
Trade Risk Guaranty walks through the basics of a U.S. Customs Import Bond; what they are, who they cover, and how they work. There are many parts of the importing process that can confuse and...