Consolidating your US bound cargo – Advantages and Disadvantages There comes a point in every business cycle when you review your shipping procedures to identify potential cost savings. If you frequently import smaller shipments (say 1-10 pallets), you may be able to see a benefit to arranging your freight in a direct consolidation. With a direct consolidation you would … [Read more...]
About Ryan Anctil
Peak Season Surcharges / General Rate Increases – What are they and when do they apply?
Peak Season Surcharges / General Rate Increases - What are they and when do they apply? Peak Season Surcharges (PSS) and General Rate Increases (GRI) are charges imposed by steamship lines during times of high demand or rising costs. The amounts of these fees can vary greatly by carrier as they are dependent on each carrier’s own projected supply and demand. PSS are … [Read more...]
Happy Independence Day!
Happy Independence Day! In true American spirit, we’ve compiled a list of some interesting statistics related to our Nation’s favorite holiday and where the things we love about this holiday actually come from: * There were an estimated 2.5 million people living in our newly formed Union in 1776. Today, the USA has a population of nearly 318.4 million!! * The US … [Read more...]
Importer of Record
Importer of Record You may have heard the term “Importer of Record (IOR)” before, but what does that really mean? Per the Business Dictionary, the definition is below: Customs term for the entity responsible for (1) ensuring the imported goods comply with local laws and regulations, (2) filing a completed duty entry and associated documents and (3) paying the assessed … [Read more...]
Update on West Coast Port/Strike
Update on West Coast Port/Strike As of today, the ILWU and PMA are still in negotiations for their new labor agreement to replace the existing agreement expiring on June 30. The negotiations cover all US West Coast ports (including Los Angeles, Long Beach, Oakland, Portland, Seattle, Tacoma) but not those in Canada or along the US East/Gulf Coasts. Although some form of … [Read more...]