Logistics

Key insights and market updates for logistics and trade.

Detention

Detention is a fee charged by the ocean carriers when a container is kept outside of the port terminal and not returned during its free time.

Rolled Cargo

Rolled cargo describes shipments that were not loaded onto a vessel or cargo plane because of a variety of issues such as overbooking, lack of capacity or late customs clearance.

Customs Entry

A customs entry is a declaration made to a local customs authority by a licensed customs broker for the customs clearance of imports and exports.

Preferential Duties

A preferential duty is a duty with a lower than normal tariff rate levied on imports originating from countries within a Free Trade Agreement (FTA) treaty network.

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