WCO Issues New Customs Valuation Guidance for Trade Compliance

WCO Issues New Customs Valuation Guidance for Trade Compliance

The World Customs Organization is set to release new Explanatory Note 7.1, aiming to clarify the meaning of 'price actually paid or payable' and assist businesses in more accurately performing customs valuation. Companies should thoroughly understand the new regulations, optimize their valuation strategies, reduce trade costs, and improve compliance levels, thereby gaining a competitive edge in cross-border trade. This updated guidance is crucial for navigating the complexities of international trade and ensuring accurate declaration of goods.

01/26/2026 Customs Knowledge
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Guide to Affordable Safe Ocean Freight Shipping to the US

Guide to Affordable Safe Ocean Freight Shipping to the US

This article provides a detailed guide on sea freight and express delivery to the USA, covering the process and key considerations. It includes selecting a shipping company, creating a packing list, proper packaging, customs declaration, customs clearance, tariffs, and insurance. Common questions are answered to help readers navigate cross-border logistics smoothly and minimize transportation costs. The guide aims to simplify the process of shipping goods to the US via sea, offering practical advice for a cost-effective solution.

01/26/2026 Logistics Encyclopedia
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DHL Streamlines US Imports with Unified Customs Clearance

DHL Streamlines US Imports with Unified Customs Clearance

DHL Global Forwarding introduces an integrated customs clearance service designed to streamline US import processes, reduce costs, improve efficiency, and ensure compliance. By consolidating multiple shipments under a single customs declaration, this service offers an end-to-end solution, helping businesses navigate trade changes, seize e-commerce opportunities, and achieve sustainable growth. The integrated approach simplifies complex procedures and provides greater control over the entire import process, ultimately benefiting businesses involved in cross-border trade with the United States.

01/28/2026 Logistics
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Guide to LCL Shipping for US Exporters

Guide to LCL Shipping for US Exporters

This article provides an in-depth analysis of LCL (Less than Container Load) shipping processes, focusing on US dedicated line operations. It covers key stages including inquiry and booking, warehousing and customs declaration, loading and ocean freight, customs clearance and delivery. The article details important considerations for US dedicated lines, key factors in service provider selection, and solutions to common problems. It aims to help businesses efficiently and economically conduct LCL shipping to the United States.

01/28/2026 Logistics Encyclopedia
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New Customs Codes Set for Highstrength Polyester Yarn Imports

New Customs Codes Set for Highstrength Polyester Yarn Imports

This article analyzes the customs code, tax rate, and declaration elements of non-retail polyester high-strength multi-strand yarn (HS code 5402200090). It provides a detailed overview of the tax situation and market applications of this product in exports, helping companies understand relevant policies to enhance their competitiveness in the international market.

08/05/2025 HS Code Query
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Complete Process and Considerations for Shipping Lithium Batteries Via Consolidated Freight to the US and Canada

Complete Process and Considerations for Shipping Lithium Batteries Via Consolidated Freight to the US and Canada

This article discusses the main processes and considerations for shipping lithium batteries via LCL to the United States and Canada. As lithium batteries are classified as hazardous materials, specific documents such as MSDS, Hazardous Goods Declaration, and customs clearance paperwork are required. Key ports include New York, Los Angeles, Vancouver, and Toronto.

07/18/2025 Logistics Encyclopedia
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Logistics Overview A Comprehensive Guide from Battery Transport to International Shipping

Logistics Overview A Comprehensive Guide from Battery Transport to International Shipping

This article provides a comprehensive analysis of key knowledge in the logistics field, covering battery transportation, contract logistics, weight calculation, integrated transportation modes, first-time container shipping guidelines, differences in international maritime documents, customs declaration considerations, and the application of refrigerated containers. It aims to help businesses enhance transportation efficiency and international competitiveness.

07/23/2025 Logistics
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Shipping Bill Number Guide: A Comprehensive Summary

Shipping Bill Number Guide: A Comprehensive Summary

This article provides a comprehensive summary of various container types and their corresponding customs declaration numbers in international freight, including garments containers and oil drums, along with the coding standards of several shipping companies. This information is not only helpful for industry professionals but also enhances the efficiency and accuracy of cargo transportation.

07/18/2025 Logistics Encyclopedia
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HS Code for Purebred Cattle Affects Trade Profits

HS Code for Purebred Cattle Affects Trade Profits

HS Code 0102390074 represents 'Other pure-bred breeding heifers,' which is crucial in international trade. The correct HS Code directly impacts tariff costs, customs clearance, and supply chain optimization. Businesses should prioritize accurate HS Code declaration to avoid trade risks and seize market opportunities. Accurate classification ensures compliance and efficient international transactions.

12/30/2025 HS Code Query
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