As the largest third-party quality control organization globally, SGS plays a crucial role in export regulation in developing countries across Africa and Asia through its Comprehensive Inspection Before Shipment (CISS) program. By implementing thorough inspections, SGS aids companies in streamlining customs processes and promotes compliance with international trade standards.
In the first quarter of 2025, the freight market shows initial signs of stability, but the underlying signals of economic recession and market pressures cannot be ignored. In the face of new challenges, freight companies must keenly capture market signals and proactively adjust their strategies to cope with future uncertainties.
This article explores effective methods for companies to enhance financial resilience in response to tariff changes by redefining warehousing and inventory management strategies. Key areas include transit strategies, selection of push-pull models, multi-channel inventory management, the significance of bonded warehousing, and the importance of selecting strategic warehousing locations.
This article discusses how companies can enhance financial resilience and operational efficiency through effective warehousing strategies in the face of tariff and trade policy changes. By employing flexible transshipment strategies, multi-channel inventory management, bonded warehouse solutions, and strategic site selection, businesses can adapt to the evolving landscape of international trade.
This article explores the customs supervision requirements during the re-export of materials processed under the processing trade. Imported materials must be exported after processing, and the export volume must reasonably correspond to the quantity of materials used. Companies selling to other international clients must ensure complete customs declaration procedures.
The container capacity on the Far East to East Coast route is continuously expanding, with 9 regular lines now and a 36% increase in annual trade capability compared to last year. Major shipping companies are reshaping the market landscape through new routes and smaller vessel operations, reflecting the growing market demand.
This article explores the in-house vs outsourcing decisions companies face in transport management, emphasizing the importance of key aspects such as carrier management, order management, transport execution, event management, and performance reporting. It provides a comprehensive perspective and analysis to assist businesses in choosing the most suitable transport management model.
BTI (Binding Tariff Information) is the legal basis for product classification provided by EU customs to enterprises. Valid for three years, it helps businesses ensure accurate classification of goods and reduce tariff risks. With BTI, companies can not only comply with regulations but also enhance their competitiveness in the international market.
The Emergency Bunker Surcharge (EBS) is a fee established by shipping companies to address the surge in fuel prices, aiming to protect their profits. This fee varies based on each carrier and route. Flexport clearly outlines this fee in its freight charges to assist customers in managing their transportation costs.
The ATA Carnet serves as a duty-free passport for international trade, allowing businesses to temporarily import goods into over 80 countries and regions without customs duties. By simplifying customs procedures, it helps companies reduce costs and enhance cross-border business efficiency, making it a vital tool for promoting international trade.
