ATA Carnet Streamlines $12B in Global Trade Annually

ATA Carnet Streamlines $12B in Global Trade Annually

The ATA Carnet is an internationally recognized customs document designed to simplify the clearance procedure for temporarily imported goods. Its legal foundation stems from conventions established in 1961 and 1990, and it is implemented by 62 countries and recognized by 75. This system allows temporarily imported goods to benefit from duty exemptions and simplified customs processes without changing ownership across borders. National guarantee chambers are responsible for issuing and managing the carnets, facilitating international economic exchange and cooperation.

07/29/2025 Customs Knowledge
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Global Trade Tightens Rules for Dangerous Goods Shipments

Global Trade Tightens Rules for Dangerous Goods Shipments

This article outlines the complete process of hazardous cargo transportation, including order booking, preparation of declaration data, packaging and loading of goods, customs clearance, bill of lading confirmation, fee confirmation, and settlement archiving. Hazardous cargo transport must comply with strict regulations, and the coordination and accuracy of each step ensure the safe and smooth transportation of goods.

07/29/2025 Logistics Encyclopedia
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Customs Clearance: Key to Smooth International Trade Operations

Customs Clearance: Key to Smooth International Trade Operations

This article delves into the significance of customs clearance in international trade, analyzing the clearance process and key considerations, emphasizing the necessity of preparing documents and adhering to legal regulations. By providing examples, it illustrates the advantages of engaging professional customs brokers as well as the special requirements and handling methods for specific goods. Understanding this knowledge will assist businesses in smoothly completing import and export transactions, avoiding delays and risks, thereby facilitating the smooth progression of international business activities.

07/29/2025 Customs Knowledge
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Importer Security Filing Key to Global Trade Compliance

Importer Security Filing Key to Global Trade Compliance

The Importer Security Filing (ISF) is a crucial requirement by U.S. Customs for importers, which must be submitted 24 hours before cargo is loaded. The ISF includes key information from both the importer and carrier, ensuring smooth customs clearance and avoiding hefty fines. Accurate and timely ISF submissions are vital for importers.

08/05/2025 Customs Knowledge
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Trump Tariffs Strain Global Trade Especially With Canada

Trump Tariffs Strain Global Trade Especially With Canada

The Trump administration recently adjusted tariff policies regarding Canada and other trade partners, significantly increasing import tariff rates for most countries and imposing new regulations on low-value goods. This series of policies aims to protect the U.S. market and reassess the global trade landscape through taxation measures.

08/01/2025 Logistics
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Customs Brokers Key to Trade Compliance Study Finds

Customs Brokers Key to Trade Compliance Study Finds

The article explores how U.S. customs brokers ensure compliance in import operations through responsible supervision and control. It emphasizes the importance of collaboration, reveals specific elements of compliance requirements, and reminds brokers to adhere to regulations in their daily operations to avoid hefty fines.

08/05/2025 Customs Knowledge
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