This is part 2 in a series of posts explaining the use of World Customs Organization's rules relating to HS classification. You can find the first article here: General Rules…
Customs authorities in most parts of the world require traders to classify their imports and exports according to the 6 rules of classification published by the World Customs Organization or…
Cargo Insurance In case a consignment is either lost or damaged, cargo insurance helps reimburse the concerned vendor or the customer. When is cargo insurance necessary? Moving cargo is risky.…
Can AI run supply chains? Supply chains may be complicated systems, but modern machine learning techs and artificial intelligence have allowed us to consider the possibility of AI running supply…
What is ETA (Estimated Time of Arrival)? ETA refers to the date that a specific shipment is expected or projected to be brought to the destination location. The specific location…
What is Free Astray? Free Astray refers to a cargo shipment that has been wrongly shipped and/or unloaded to a destination that is then picked up and shipped to the…
What does pro forma mean? Pro form is a Latin phrase. It translate to "as a matter or sake of form", which is a method used to calculate financial outcomes…
This articles deals with the export licensing controls for exports out of the United States. Other countries may have similar regulations that are administered in varying ways. It is often…
Transportation of dangerous cargo by vessel is internationally regulated under the International Maritime Organization or IMO for short. IMO is an agency under the auspices of the United Nations. The…
