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Transmodal’s October Logistics Update 612 408 Transmodal

Transmodal’s October Logistics Update

Here are some of the top supply chain news stories happening right now. As of April 2024, the Consortia Block Exemption Regulation (CBER) will be discontinued. Earlier this month, the European Commission announced that it would not be renewing the exemption, which was introduced in 2009. The CBER allowed shipping companies to coordinate vessel-sharing agreements…

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The Pitfalls of International Trade: Why Compliance with CBP is Non-Negotiable 850 566 Transmodal

The Pitfalls of International Trade: Why Compliance with CBP is Non-Negotiable

Introduction  Navigating the complex landscape of international trade requires a keen understanding of compliance, particularly with regulations set forth by the U.S. Customs and Border Protection (CBP). While there are no specific federal case law citations directly addressing CBP compliance pitfalls, the legal landscape is fraught with examples of companies facing severe penalties for non-compliance.…

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Navigating U.S. Customs: The Financial and Legal Benefits of Binding Rulings and Tariff Engineering 787 250 Transmodal

Navigating U.S. Customs: The Financial and Legal Benefits of Binding Rulings and Tariff Engineering

The Strategic Advantage of Binding Rulings  In the intricate world of international trade, obtaining a binding ruling from the U.S. Customs and Border Protection (CBP) can be a game-changer. A binding ruling provides legal certainty on how a product will be classified, valued, or originated, thereby eliminating the risk of unexpected duties or compliance issues.…

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What is ACE 1260 880 Transmodal

What is ACE

The Automated Commercial Environment (ACE) is a cornerstone of modern trade facilitation in the United States, serving as the primary system through which the trade community reports imports and exports. Developed by the U.S. Customs and Border Protection (CBP), ACE streamlines the process of submitting trade-related documentation and ensures compliance with various federal regulations. Its…

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Navigating the Complexity of Multi-Seller Consolidated Shipments: A compliance perspective. 1000 698 Transmodal

Navigating the Complexity of Multi-Seller Consolidated Shipments: A compliance perspective.

Introduction  In the intricate landscape of international trade, one area that often poses challenges for businesses is the management of multi-seller consolidated shipments. The U.S. Customs and Border Protection (CBP) has stringent requirements for the documentation and reporting of such shipments, particularly concerning commercial invoices and bills of lading. This article aims to elucidate the…

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Two men wearing hard hats reviewing documentation with containers in the background
What is the CFR 690 518 Transmodal

What is the CFR

The Code of Federal Regulations (CFR) serves as the legal backbone for the operations of various federal agencies in the United States, including the Customs and Border Protection (CBP). It is a codification of the general and permanent rules and regulations published in the Federal Register by the executive departments and agencies. The CFR is…

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Logistics Market Update – September 2023 690 518 Transmodal

Logistics Market Update – September 2023

Here are some of the top global logistics news stories happening right now: Back in the spring, it seemed the Panama Canal might catch a break. Forecasters were calling for rain, and there were hopes that earlier restrictions might be lifted. Unfortunately, things are much worse now. Despite being the world’s fifth wettest country, Panama…

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Dock cranes and docked cargo ship
Understanding Valuation in the Context of CBP Rules: A Guide to Ensuring Accurate Assessments 1260 880 Transmodal

Understanding Valuation in the Context of CBP Rules: A Guide to Ensuring Accurate Assessments

Introduction  Valuation is a cornerstone of international trade, serving as the basis for determining duty rates and ensuring compliance with U.S. Customs and Border Protection (CBP) regulations. Accurate valuation is not just a legal requirement but a critical component of a successful trade operation. This article aims to demystify the concept of valuation as it…

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Workers on a crane trolley preparing to unload containers
Navigating Ocean Trade: An Insight into US-India Trade Relations 1000 666 Transmodal

Navigating Ocean Trade: An Insight into US-India Trade Relations

As the world continues to become more interconnected, international trade has risen exponentially, solidifying relationships between countries and shaping global economies. Among these partnerships, the US-India trade connection stands out as a vital and growing link. An essential aspect of this burgeoning trade relationship involves ocean freight container shipments, facilitating a smooth flow of goods…

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