Tailgate Exam
A Tailgate Exam is a visual inspection of a container’s interior by Customs officials to check for anomalies or contraband.
Key insights and market updates for logistics and trade.
A Tailgate Exam is a visual inspection of a container’s interior by Customs officials to check for anomalies or contraband.
Certificate of Origin (CoO) confirms the product’s country of origin, which is essential for customs clearance and relevant duties determination.
Certificate of Origin (CoO) Read More »
A Forty-Foot Equivalent Unit (FEU) denotes a 40-foot container’s volume, instrumental for cargo capacity assessment & shipping costs calculation.
Forty-Foot-Equivalent Unit (FEU) Read More »
Break bulk is the shipment of oversized or non-standard size and shape goods, requiring labor-intensive handling & specialized equipment.
Customs Bond is a type of financial guarantee required for certain imports to ensure payment of duties and help streamline customs clearance.
A Service Level Agreement (SLA) in logistics is a contract defining service quality and performance metrics between provider and client.
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The Merchandise Processing Fee (MPF) is an ad-valorem fee at 0.3464% of imported goods’ value, imposed by U.S. Customs for processing of imports.
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A Centralized Examination Station (CES) is a private facility designated by CBP for efficient physical examination of imported or exported cargo.
Centralized Examination Station (CES) Read More »
Bulk cargo refers to loose and unpackaged items, including raw materials shipped in large quantities. It is categorized into liquid bulk and dry bulk.
High cube containers (HC) are 9.6‘ tall & come in 40’ or 45‘ lengths. They offer more cargo space than standard containers due to their extra height.
High Cube Container (HC) Read More »
A Twenty-foot Equivalent Unit (TEU) is a standard metric for gauging container volume, measured in terms of 20-foot-long containers. 2 TEU = 1 FEU
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Chargeable weight in freight shipping is calculated based on the greater of the shipment’s gross weight or volume, balancing space and weight costs.
The Commerce Control List (CCL) categorizes dual-use items (commercial and military-use goods) to confirm U.S. export license requirements.
Commerce Control List (CCL) Read More »
Blank sailing is an ocean carrier’s intentional cancellation of a port call or voyage of a fixed rotation due to demand or operational efficiency.
Ocean freight spot rates trended up on both the China to US west coast and China to US east coast lanes in the last two weeks. Read on to learn more.
Freight Market Update: July 30, 2023 Read More »