Customs Duty Reassessment Rules and Compliance Strategies Explained

Customs Duty Reassessment Rules and Compliance Strategies Explained

This article provides a detailed interpretation of the scope and time limits for supplementary duty payments, including underpaid or missed duties due to classification or valuation errors after goods release, domestic sales transfer of specific duty-free or reduced-duty goods, and illegal smuggling. It clarifies the statute of limitations for customs to recover underpaid or missed taxes and emphasizes the importance of compliant operation for businesses and individuals to mitigate tax risks. Aiming to help enterprises understand the regulations and avoid potential tax liabilities.

09/26/2025 Customs Knowledge
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Flexport Clarifies Customs Duty Exclusions in Shipping Quotes

Flexport Clarifies Customs Duty Exclusions in Shipping Quotes

Flexport's quotes typically exclude customs duties due to their variability, influenced by numerous factors. Additional costs may arise from inspections, port fees, and other related charges. To effectively manage expenses, it's recommended to accurately estimate duties, allocate a sufficient budget, and ensure compliant declarations. Proactive planning and adherence to regulations are crucial for cost control in cross-border transactions.

11/03/2025 Customs Knowledge
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Shipping Industry Debunks small High Cube Container Myth

Shipping Industry Debunks small High Cube Container Myth

This article provides an in-depth analysis of the meaning of the "20HD" container in international freight forwarding, clarifying that it is a 20-foot heavy-duty container, not a so-called "small high cube container." The article details the characteristics and application scenarios of 20HD, and explores the possibility of the existence of a "small high cube container," aiming to help readers accurately understand container terminology and avoid misunderstandings during transportation.

09/26/2025 Logistics Encyclopedia
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Jiuzhou Logistics Expands Freight Truck Matching Services

Jiuzhou Logistics Expands Freight Truck Matching Services

Jiuzhou Logistics Network offers efficient and convenient truck information publishing and query services, helping shippers quickly find suitable trucks. The platform aggregates massive truck resources, covering various vehicle types and routes, providing accurate matching, real-time updates, and reliable information. It effectively reduces costs and improves efficiency, making it a powerful assistant for the digital transformation of the logistics industry. It helps optimize the freight matching process, connecting shippers with available trucks based on their specific needs and requirements, ultimately streamlining operations.

08/21/2025 Logistics
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Truck Cargo Insurance Essential for Business Protection

Truck Cargo Insurance Essential for Business Protection

Cargo insurance for trucking provides protection for goods in transit, covering risks such as natural disasters, traffic accidents, and cargo abandonment. For transportation companies and truck drivers, purchasing this insurance effectively transfers risk, protects economic interests and business reputation, and ensures peace of mind during transportation. It safeguards against financial losses caused by unforeseen events, allowing businesses to operate with greater security and confidence. This coverage is crucial for mitigating potential disruptions and maintaining a stable supply chain.

11/03/2025 Logistics Encyclopedia
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US Truck Tariffs Strain Manufacturing and Raise Costs

US Truck Tariffs Strain Manufacturing and Raise Costs

The U.S. imposed a 25% tariff on imported trucks, aiming to boost domestic manufacturing. However, this action may lead to increased transportation costs, impacting commodity prices and potentially triggering trade friction. Businesses need to respond proactively, balancing short-term cost pressures with long-term strategic goals. The tariff could disrupt existing supply chains and force manufacturers to re-evaluate their sourcing and production strategies. This situation highlights the complex interplay between trade policy, manufacturing, and the global supply chain.

11/03/2025 Logistics Industry Insights
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Outpost Greenpoint Expand Truck Terminal Network to 1B

Outpost Greenpoint Expand Truck Terminal Network to 1B

Outpost announced a partnership with GreenPoint, securing a significant investment to expand its truck terminal network to $1 billion. This initiative addresses the shortage of terminal facilities in the trucking industry, aiming to optimize transportation routes, reduce costs, and improve logistics efficiency. Furthermore, it seeks to enhance the working conditions for truck drivers. This move signals a potential efficiency revolution within the logistics sector, promising streamlined operations and improved overall performance for the industry.

11/03/2025 Logistics
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Outpost Secures Greenpoint Funding for Truck Terminal Expansion

Outpost Secures Greenpoint Funding for Truck Terminal Expansion

Outpost announced a partnership with GreenPoint, securing a significant investment to scale its terminal platform to $1 billion. The funding will accelerate the expansion of its truck terminal network, enhance service coverage and operational capabilities. This aims to address pain points in the trucking industry, optimize freight processes, reduce transportation costs, and improve efficiency. Ultimately, Outpost seeks to provide comprehensive support for truck drivers and freight companies, streamlining operations and fostering a more efficient logistics ecosystem.

11/03/2025 Logistics
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Outpost Greenpoint Invest 1B in Truck Stop Expansion

Outpost Greenpoint Invest 1B in Truck Stop Expansion

Outpost announced a partnership with GreenPoint, securing a billion-dollar investment to accelerate the expansion of its nationwide truck freight station network. This investment will be used to optimize site layouts, enhance service capabilities, and introduce intelligent management systems. The goal is to meet the increasing demands of the trucking industry and drive the modernization of the U.S. logistics sector. The funding will support building a robust and efficient network of stations to improve overall freight transportation across the country.

11/03/2025 Logistics
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