Category: Informative

May 12, 2020 Informative | 313 views

10 of History's Deadliest Construction Projects

Project Location Death Toll Panama Canal Panama 30,609 Burma-Siam Railway Thailand 12,399 Sea-Baltic Canal Russia 12,000 Karakoram Highway Pakistan 892 Aswan Dam Egypt 500 Hawks Nest Tunnel United States 109 Hoover Dam United States 96 Los Angeles Aqueduct United States 43 New York City Third Water Tunnel United States 24 St. Gotthard Road Tunnel Switzerland […]

March 15, 2020 Informative | 585 views

How deadly is the coronavirus?

Comparing the 🦠coronavirus to Ebola and MERS is reassuring. But that doesn’t mean we can discount Covid-19 as being just like the flu. The current 3.4% mortality rate is 34x deadlier than the seasonal flu. Even the estimate of 1%, which takes into consideration unreported mild cases, means the virus is 10x more deadly. Could […]

October 26, 2019 Informative | 149 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 | 133 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 | 141 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 | 174 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 | 129 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 […]