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Freight Forwarder [Freight Broker] Vs Customs Broker [Customs Agent]
There are two crucial entities you have to deal with in international trade– freight forwarder and customs broker. A freight forwarder handles the logistics and shipment aspects, while a customs broker deals with customs-related matters like customs regulations.
Difference Between Anti-Dumping & Countervailing Duties
Anti-dumping and countervailing duties are import duties applicable to specific goods. The government imposes these additional import duties on goods sold in any market like the US.
Shipper's Declaration for Dangerous Goods - Form, Example & Rules
The shipper’s declaration for dangerous goods is a vital document that a shipper has to attach while handling hazardous goods. It ensures the safe loading and unloading of sensitive packages, thus preventing mishaps.
Anti-Dumping Duties - Measures, Laws, & Examples in the US
Anti-dumping duty is a duty levied on goods manufactured in foreign countries and imported in US. These imports have a lower price than the fair market value of the same or similar goods in the domestic market.
What is Blind Shipment & its Process in Logistics & Trucking
Blind shipping is a method in which the seller doesn’t disclose any details of the producer/manufacturer to the customer. This process allows the direct transportation of goods from the producer to the consumer, removing third-party vendor intervention.
What Is A Customs Invoice & When Do You Need One?
A customs invoice or a pro forma invoice is a vital document used by the importers and exporters for declaring the value of goods for customs clearance. It summarizes the contents of freight shipment.
Free Trade Zones (FTZs) | Definition, Example & Benefits
An FTZ or Free Trade Zone is an area of land designated as a Special Economic Zone (SEZ) wherein, through specified customs regulations, the storage, shipment, manufacturing, and handling of goods can occur.
CBP Form 3311 - Customs Form 3311 for Entry of Returned US Goods
The CBP form 3311 is used to obtain a duty-free status for those US-manufactured goods that are returned to the country. Learn all about the customs requirements, get a sample form & more.