General Average – Are you covered?
When you ship by sea, cargo insurance is a must. Even if your shipment seems indestructible… isn’t travelling far… or isn’t very valuable, insuring oceangoing goods is always recommended. Without insurance, you could be on the hook for a significant charge if a General Average is declared.
Duty relief: Don’t miss a chance to save
What is duty? Duty is a tax paid to the customs authority of the country into which goods are being imported. The amount of duty is usually calculated based on the value of the goods – but can also vary depending on other factors such as quotas, timing, quantity and country of origin.
SWI – the Single Window Initiative Update
The Single Window Initiative (SWI) is a federal government process for collecting information on imports into Canada. Rather than submitting information individually to different government agencies, as in the past, the single window initiative allows importers to provide all required information on imported goods in.
Classifying goods for trade – What’s the deal?
Proper tariff classification is the foundation of import and export trade compliance. The Harmonized Commodity Description and Coding System (usually shortened to Harmonized System, or just HS) is the internationally standardized system of classifying traded products. It is applied by over 180 countries and.
Understanding Customs Compliance
Customs compliance… It sounds important, doesn’t it? Well, it sure is! You’ve certainly heard of customs compliance, but do you fully understand what’s involved?
How to avoid delays at the border
Are your goods getting stuck at the border, and you’re wondering why? Delays at the border can be frustrating, stressful and costly – and they’re also avoidable!
The Importance of Correct Tariff Classification: Get it Right the First Time
Importers have an obligation to correctly classify their goods for tariff classification, and to understand the potential ramifications of incorrect tariff classification.
Cole International Opens New Branch!
Cole International has opened a new U.S. office in Seattle, Washington.
Get with the times! Boost supply chain efficiency through best use of technology
Businesses large and small depend on digital information transfer to facilitate commercial transactions all along the supply chain – from handling inquiries to placing orders to electronic payment and shipping. The internet has become an enabler of commercial global enterprise – organizations can now move information.
