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Month: December 2013

Nine Reasons Why Buying Your Imports on CIF Terms Is Too Good to Be True

I understand that the temptation to buy on a Cost, Insurance & Freight (CIF) basis is very hard to resist. After all, isn’t it so much easier? When you don’t have to coordinate with a freight forwarder and don’t have to negotiate freight rates, all you have to do is to wait for the vessel […]

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Importer Security Filing: 7 ISF Best Practices You Shouldn’t Ignore

The Importer Security Filing (ISF) began in January 2009 with a one-year introductory phase-in period. Full enforcement began in January 2010, but Customs and Border Protection (CBP) maintained a flexible and measured enforcement stance. Penalty guidelines were published in July 2009, but Customs held off doing anything until July 2013 when they announced they would […]

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