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2020 United States Trade Wrap-Up
As we enter into 2021, it is essential to look back and reflect upon the events that occurred in the international trade industry through the year 2020. 2020 was a year for the books. Along with the...
Why is it Difficult to Get Warehouse Coverage?
Warehouse cargo insurance coverage has become more challenging to secure as more businesses seek this type of cargo insurance in the hardening market. The Hardening Insurance Market Warehouse...
What is an Import Penalty?
Inaccurate classification of goods, valuation of goods, country of origin, or goods not invoiced or declared can lead to CBP applying an import penalty on an importer. Import penalties are fines and...
What is Warehouse Insurance Coverage?
Warehouse Insurance protects cargo during storage. A cargo insurance policy can be extended to cover additional warehouse coverage, including floods, windstorms, and earthquakes. Policies are...
TRG Celebrates the Holidays 2020 Style
TRG celebrated the holidays this year 2020 style with Microsoft Teams and Doordash. Working from home due to COVID-19 called for a unique and much needed end-of-year get together. This holiday...
[Video] What is Defined as a Package? | Carrier Limit of Liability
Federal courts have struggled to provide a clear and specific definition of a package for the purpose of carrier limit of liability. Carriers and their insurers have attempted to limit liability by...
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...
Importing for Amazon: How to Create a Shipping Plan in Seller Central
Shippers that are learning to sell imported goods using Fulfillment By Amazon will need to learn how to create a shipping plan using Seller Central. Those new to shipping for Amazon will need to...
How are Import Duties and Taxes Calculated?
Those curious about how import duties, tariffs, and taxes are calculated can find out more in this condensed guide. Duties, tariffs, and taxes are something that all importers are familiar with....
Cargo Insurance Premium Adjustment Options
It’s beneficial for shippers to know what cargo insurance premium adjustment options are available to find the best fit for their business. Marine cargo insurance premiums are generally implemented...
What is the Difference Between Taxes, Duties, and Tariffs?
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....
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...