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Global Logistics News & Insights
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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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Logistics Market Update – August 2023 850 477 Transmodal

Logistics Market Update – August 2023

Here are some insights on three of the top freight events happening right now. The FMC can’t seem to catch a break lately. Last year, they had both shippers and carriers protesting a proposed rulemaking where they attempted to define what they classified as an “unreasonable refusal to deal or negotiate” when it came to carriers…

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Man in hardhat and safety vest inspecting containers
Understanding the Harmonized Tariff System: The Backbone of International Trade 690 670 Transmodal

Understanding the Harmonized Tariff System: The Backbone of International Trade

As international trade expanded and flourished throughout the 20th century, so too did the complexity of classifying and tracking the immense variety of goods being traded. To navigate these challenges, the World Customs Organization (WCO) devised the Harmonized Tariff System, also known as the Harmonized System (HS) of tariff nomenclature. This internationally standardized system of…

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Tugboats pushing cargo ship loaded with containers up to a dock
Understanding the Evolution and Significance of Liner Terms in Ocean Freight Shipping 630 440 Transmodal

Understanding the Evolution and Significance of Liner Terms in Ocean Freight Shipping

The history of maritime trade is as vast as the oceans themselves, shaped by countless voyages, innovative technologies, and a complex web of regulations. An integral part of this narrative is the evolution of ‘Liner Terms’—contractual conditions that delineate responsibilities between shippers and receivers. In the early days of maritime trade, the ambiguity around who…

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Logistics Market Update – July 2023 612 408 Transmodal

Logistics Market Update – July 2023

Here are some of the top global supply chain news stories of the month. The 2023 Supply Chain Perspective, a recent survey, reports that 72% of the companies that took part say they are still experiencing challenges in their supply chains. The most notable issues impacting them are inventory shortages, financial burdens due to increased…

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Bow of docked cargo ship at dusk
Licensed U.S. Customs Brokers: The Key to Global Trade 690 518 Transmodal

Licensed U.S. Customs Brokers: The Key to Global Trade

Trading across borders involves a complex web of regulations, which can pose considerable challenges to businesses. This is where a Licensed U.S. Customs Broker steps in, providing crucial expertise and support to navigate this intricate landscape.  Becoming a Licensed U.S. Customs Broker is not an easy task. It requires a thorough understanding of the laws…

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