What is the Correct Consignee Type for AES? Recent changes to the way US Customs require AES filings to be completed have resulted in requiring further information about your consignee. Specifically the type of company they are and how they are using your goods. Knowing your customer and their business is important not only for AES but also for export compliance in regards to … [Read more...]
UPDATE: West Coast Ports
UPDATE: West Coast Ports Contract negotiations are continuing... and have been 'uncharacteristically tame'. The impact of the ongoing US West Coast labor talks could be considered widespread [JOC]: Diversions of US bound cargo to Vancouver DP World's Vancouver advised last week that it would stop accepting US bound rail cargo CN is sold out of intermodal … [Read more...]
US Export Restrictions Expand – Russia Responds with Import Bans
US Export Restrictions Expand - Russia Responds with Import Bans On July 29, 2014, The U.S. Commerce Department advised that it is further restricting trade with Russia in response to Russia's continued actions supporting separatists in Ukraine. BIS will institute a policy denying export, reexport or foreign transfer of certain items for use in Russia's energy sector that … [Read more...]
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...]
What is LCL cargo?
What is LCL cargo? LCL stands for Less [Than] Container Load. When you are moving a shipment LCL, this means you are sharing space in a full container with other shippers and therefore sharing the costs as well. Many freight forwarders/NVOCC’s offer these services as a lower cost freight option when you have smaller shipments or not enough cargo to fill an entire … [Read more...]