If you’re involved in international trade and shipping, you need to become familiar with the HS (Harmonized System) Code for your products. Let’s unpack shipping HS Codes (also known as HS codes or commodity codes) – what they are, how they work, and why they are important. We’ll also demystify HS Codes by addressing common questions that arise, and explain how an experienced customs broker can help you navigate the complexities.
If your business involves exporting goods to Poland from the US, you need to weigh all the variables to make the best transportation decision. So what is the cost of shipping to Poland from the US? It depends on your priorities, budget, and the kinds of goods being shipped.
When you bring goods into the U.S., of course you expect to pay for transportation. But as you plan an import, remember that it also costs money to clear the cargo through U.S. Customs, even when the product isn’t subject to any duties. So you need to understand the elements that make up U.S. Customs import fees, and when they’re required.
Europe is a varied, vibrant region with high demand for all kinds of goods produced in the U.S., making it a natural choice for companies looking to expand and become an exporter. According to the U.S. Trade Representative, U.S. goods exported to European Union (EU) countries alone totaled $368.6 billion in 2023, up 5% from $350.8 billion in 2022.
Unexpected expenses can cripple a business’s profitability, and those associated with international shipping are a prime example. Learning how to avoid detention and demurrage charges is a baseline capability for any business involved in global trade. As ocean freight rates naturally rise over time, especially when disruptions occur, you cannot afford any extra fees on top of them.
If you’re importing goods into the USA, it’s important to know the answer to the question: When is a customs bond required? The majority of goods being imported into the USA require a customs bond as part of the entry process.
Are you moving overseas, or planning an extended visit? Would you like to bring your car? International car shipping (or pickup truck, motorcycle, powerboat or any other motorized vehicle) isn’t complicated, and it doesn’t have to be expensive, as long as you know what you’re doing.
Here are some important things to keep in mind about how to ship a car abroad.
There is a very costly misconception regarding ocean shipping that may lead global shippers of heavy freight to pay far more than needed. Specifically, steamship lines promote the idea that container weights must be limited to 44,000 lbs or less to stay within “legal” limits. Knowing the actual DOT truck weight limits by state can easily lead to six-figure savings for large-volume shippers of heavy freight.
If you are a small or medium-sized business (SMB) who is buying from an overseas supplier, there's a good chance you're buying under either Free On Board (FOB) or Ex Works (EXW) terms of sale – the two most commonly used purchase terms in global trade. In this article, we'll explore the distinctions between EXW vs FOB and how they can positively or negatively impact how you manage logistics.
Container shipping costs can be highly volatile, based on geopolitical and economic conditions globally. Costs can easily and unexpectedly creep upwards, eroding your profit. Shippers, especially small to mid-sized businesses (SMBs), need to use every tool at their disposal to cut ocean shipping expenses. These sea freight costs are a logical place to start when you consider that 90% of the world’s goods move via container shipping. This article reviews some practical ways to cut costs and avoid overpaying for ocean freight.
