Category: Informative

October 26, 2019 Informative | 16 views

What is the difference between a Freight Forwarder and Customs Broker

So let’s first begin with customs broker. A customs broker is licensed by the Government to handle the customs clearance of goods for their customers, it involves preparing goods declaration, paying duties and taxes according to tariff of that product on behalf of their customers, and finally getting it released from the customs and delivering […]

September 4, 2019 Informative | 13 views

What’s an HS or HTS Code?

An HS or HTS code stands for Harmonized System or Harmonized Tariff Schedule. Developed by the World Customs Organization (WCO), the codes are used to classify and define internationally traded goods. In most cases, in order to import or export a product internationally, the traded good must be assigned an HTS code that corresponds with […]

August 29, 2019 Informative | 11 views

What is Third-party Logistics 3PL?

Third-party logistics (abbreviated as 3PL, or TPL) in logistics and supply chain management is an organization’s use of third-party businesses to outsource elements of its distribution, warehousing, and fulfillment services. Third-party logistics providers typically specialize in integrated operations of warehousing and transportation services that can be scaled and customized to customers’ needs, based on market […]

August 29, 2019 Informative | 20 views

What is an Ocean Transportation Intermediary (OTI)?

An ocean transportation intermediary (OTI) is a company that is licensed by the Federal Maritime Commission (FMC) to operate in the United States as an ocean freight forwarder, non-vessel operating common carrier (NVOCC), or both.   What is an OTI Bond? OTI bonds are required by the Federal Maritime Commission (FMC) from all ocean freight […]

August 20, 2019 Informative | 6 views

EuroAirport Basel Mulhouse Freiburgpermalink

It is governed by a 1949 international convention. The headquarters of the airport’s operations are located in Blotzheim, France. The airport is located completely on French soil; however, it has a Swiss customs area connected to Basel by a 2.5 km (1.6 mi) long customs road, thus allowing air travelers access into Switzerland bypassing French […]

August 17, 2019 Informative | 105 views

Ocean Carrier SCAC Code List

Carrier Name (Abbreviated) Carrier Name SCAC code ACL Atlantic Container Line ACLU Alianca Alianca ANRM AML Alaska Marine Lines AKMR ANL Australia National Line ANNU APL American President Lines APLU Arkas Arkas Container Transport S.A. ARKU ARRC Atlantic Ro-Ro Carriers Inc AROF Bahri Bahri / National Shipping Company of Saudi Arabia NSAU BCL Bermuda Container […]

August 17, 2019 Informative | 8 views

British Ton vs US Ton vs Metric Ton (Tonne)

British Ton US Ton Metric Ton 2240 lbs 2000 lbs 1000 kgs If the World of Metrics wasn’t already confusing enough for you, just look at below. The British ton is the long ton, which is 2240 pounds, and the U.S. ton is the short ton which is 2000 pounds. Both tons are actually defined […]