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Types of Customs Import Duties

Types of Customs Import Duties

When importing into the United States, shippers should have an understanding of the different types of duties they will be required to pay upon entry. Customs Duties are an indirect tax imposed on...

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What is an Endorsement Clause?

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...

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What is Marine Cargo Insurance?

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...

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What is an Importer of Record?

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...

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