Thursday, June 28, 2012

Customs Duties Deconstructed

What are Customs duties?


There are many different duties U.S. Customs and Border Protection may require an importer to pay.  Some are related to the origins of the goods in question, and some to the goods themselves.  It’s always a good idea for importers to keep a working knowledge of what these duties are, what they affect, and how. 

Thursday, June 21, 2012

What is a Supply Chain?

There are many acronyms, industry-specific terms, and pieces of jargon thrown around in the world of global trade.  Recently, a friend asked what should have been a reasonably simple question, “What is a supply chain?” 

Monday, June 18, 2012

Surety Bond Types

A surety bond is a contract between three parties: an obligee (the party being promised something), a guarantor (a surety agency), and a principal (The party making a promise). There are many types of surety bonds that are issued across the country.  

Friday, June 15, 2012

Customs Bond Processing

There are often many questions that arise in relation to the U.S. Customs Bond Renewal Process.  We’re going to take a few minutes to clear up any questions our audience might have about how a bond is placed, terminated, or replaced. 

Thursday, June 7, 2012

Montana Weather

This week, the weather in our home base of Montana has been a bit of a rollercoaster.  Our own Jordan Jarosky's recent experience with it motivated him to provide us with a heroic tale of bicycles, lightning bolts and hailstones... 

Friday, June 1, 2012

Customs Compliance: C-TPAT

The Customs-Trade Partnership Against Terrorism, affectionately known as C-TPAT, is a program US Customs and Border Protection (CBP) launched in order to better protect Americans, while still facilitating trade to the fullest extent possible.