Top 10 HTS Code Mistakes Importers Should Avoid

Top 10 HTS Code Mistakes Importers Should Avoid

Top 10 HTS coding errors commonly made by importers and recommendations for avoidance. It emphasizes the importance of accurate coding, highlighting the need to pay attention to ingredients, functions, and forms, avoiding subjective assumptions. It suggests understanding the rules, conducting regular reviews, and seeking professional assistance to ensure compliance and mitigate tariff risks. Accurate HTS classification is crucial for import compliance and avoiding penalties.

01/15/2026 Customs Knowledge
Read More
Da Shun Bonded Warehouse Safeguards Highvalue Art Exhibition

Da Shun Bonded Warehouse Safeguards Highvalue Art Exhibition

In late 2022, Da Shun Regulatory Warehouse successfully resolved an import air cargo detention incident caused by a duplicate air waybill number. Through proactive coordination with customs and the airline, they quickly completed the air waybill number correction and cargo relabeling. Ultimately, the goods were delivered one day ahead of schedule, avoiding significant losses for the client. This demonstrated their professional and efficient service capabilities.

07/25/2025 Customs Knowledge
Read More
US Container Imports Decline Amid Sluggish Consumer Demand

US Container Imports Decline Amid Sluggish Consumer Demand

S&P Global Market Intelligence data shows US import freight volumes fell 12% year-on-year in August, marking the 13th consecutive month of decline. Weak consumer demand is the primary driver, with significant drops in apparel, leisure goods, and electronics. Ongoing inventory reduction by businesses and a pessimistic manufacturing outlook suggest little improvement is expected in the fourth quarter. The future trajectory remains to be seen.

01/21/2026 Logistics Industry Insights
Read More
US Tariff Hikes Strain Logistics Sector Amid Economic Uncertainty

US Tariff Hikes Strain Logistics Sector Amid Economic Uncertainty

The White House has postponed the reciprocity tariffs originally set to take effect on July 9 to August 1, increasing uncertainty in the logistics industry. Experts indicate that the new tariff scope may impact consumer prices and urge attention to future economic dynamics. Analysis from S&P Global shows a decline in overall U.S. import tariffs, which is expected to exert a dampening effect on inflation.

07/11/2025 Logistics Industry Insights
Read More
How to Effectively Avoid Demurrage Fees for Imported Containers

How to Effectively Avoid Demurrage Fees for Imported Containers

In import container transportation, avoiding demurrage fees is crucial. Typically, containers can be used for free for 10 days after goods are shipped, after which additional charges apply. To ensure timely return, importers should contact the shipping line and storage yard at customs to arrange direct transport of goods for container return. This approach not only saves time but also effectively reduces demurrage costs.

07/18/2025 Logistics Encyclopedia
Read More
US Container Imports Face Mixed Trends Amid Economic Shifts

US Container Imports Face Mixed Trends Amid Economic Shifts

U.S. container imports saw a slight month-over-month increase in June but declined year-over-year, indicating stabilization with ongoing pressure. China's import share continued to decrease, while Southeast Asia emerged as a new growth area. West Coast ports recovered, while the East Coast faced pressure. Businesses should pay attention to trade policy changes, promote supply chain diversification, optimize port selection, and make data-driven decisions.

01/15/2026 Logistics
Read More
Understanding Key Costs in Container Liner Shipping

Understanding Key Costs in Container Liner Shipping

Container liner shipping involves various costs, including container trucking fees, customs fees, and storage fees. Freight forwarders are responsible for selecting carriers and modes of transport, as well as handling related procedures and costs. Understanding these expenses is crucial for businesses to control transportation costs and enhance efficiency.

07/18/2025 Logistics Encyclopedia
Read More
Guide to SWIFT Codes for National Bank of Canada

Guide to SWIFT Codes for National Bank of Canada

This article provides detailed information about the main branches of the Canadian National Bank and their SWIFT codes, assisting you in completing international remittances conveniently. It also outlines the procedures to follow in case you cannot find the branch code, ensuring that funds are safely and accurately transferred.

08/12/2025 International Settlement
Read More