New Customs Rules in Shenzhen Challenge Brokers

New Customs Rules in Shenzhen Challenge Brokers

New Shenzhen Customs regulations introduce five major changes for customs brokers: standardized naming, unified qualifications, unique registration, decentralized approval, and optimized annual review. Businesses should focus on and adopt strategies including reviewing company names, reassessing qualifications, streamlining existing credentials, monitoring customs policies, and planning for license renewal. During the transition period, some companies are considered licensed but must still monitor subsequent policy changes. These changes require careful attention and proactive adaptation from customs brokers to ensure continued compliance and smooth operations.

New Rules Simplify Container Shipping Weight Declarations

New Rules Simplify Container Shipping Weight Declarations

This article provides a detailed guide on how to declare Verified Gross Mass (VGM) for containers via an online platform. It covers the definition of VGM, step-by-step declaration procedures, methods for querying tare weight, and important considerations. The aim is to help users complete VGM declarations easily and accurately, ensuring safe and compliant cargo transportation. The importance of accurate and timely VGM declaration is emphasized, and a frequently asked questions section is included.

De Minimis Rules Simplified for Crossborder Ecommerce

De Minimis Rules Simplified for Crossborder Ecommerce

This paper delves into the application of the De Minimis duty exemption strategy in cross-border e-commerce, analyzing its advantages and limitations. It helps e-commerce sellers assess whether their business is suitable for the De Minimis strategy by addressing four key questions: average order value, product customs classification, inventory mix, and customer geographic location. This assessment aims to avoid the risks associated with blindly adopting the strategy and ultimately achieve cost optimization.

EU Eases CBAM Rules for Small Importers

EU Eases CBAM Rules for Small Importers

The Netherlands Emissions Authority has adjusted the EU Carbon Border Adjustment Mechanism (CBAM), significantly reducing the compliance burden for small importers. Importers with annual imports below 50 tons are exempt from reporting obligations, while those exceeding 50 tons can use EU default emission values. Importers should assess their import volumes, seek professional support, and prepare for the full implementation after the transitional period. This simplification aims to ease the initial adoption of CBAM for smaller businesses, ensuring a smoother transition to the new carbon regulation framework.

Importers Bear Customs Inspection Fees Rules Clarified

Importers Bear Customs Inspection Fees Rules Clarified

Flexport clearly states that customs inspection fees are borne by the importer, including inspection fees, service fees, transportation fees, and storage fees. LCL shipments are allocated proportionally. It is recommended to ensure compliant declarations, choose a reliable freight forwarder, purchase insurance, and pay attention to customs policies to reduce the risk of inspection and economic losses. Being proactive in these areas can help importers navigate the complexities of customs procedures and minimize unexpected costs associated with inspections.

Key Industries Await Relief from Trumpera Tariffs

Key Industries Await Relief from Trumpera Tariffs

The US may extend the tariff suspension period from the Trump administration, potentially benefiting industries such as electronics, machinery, furniture, automotive parts, textiles, and photovoltaics. The direction of tariff policy significantly impacts the China-US trade landscape and the development of related businesses. Companies need to closely monitor policy trends and adjust their business strategies accordingly. This extension could provide a temporary relief and opportunity for growth in the affected sectors, while a change in policy could necessitate further adaptation and strategic realignment.

Goldman Sachs Warns Tariffs on Canada Mexico May Fuel US Inflation

Goldman Sachs Warns Tariffs on Canada Mexico May Fuel US Inflation

Goldman Sachs forecasts that US core CPI could rise by 0.6% if the US imposes tariffs on imports from Canada and Mexico. The report suggests the duration of these tariff policies is uncertain but unlikely to become a long-term feature. Existing inflationary pressures in the US persist, and the new tariff policies may exacerbate inflation. The impact depends on the scope and longevity of the tariffs, but Goldman Sachs believes the effect will be noticeable in the short term.

11/03/2025 Logistics
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Global Air Freight Size and Weight Rules Explained

Global Air Freight Size and Weight Rules Explained

This article delves into the size and weight requirements for international air freight, covering specific regulations for both narrow-body and wide-body aircraft, as well as standards for palletized cargo. It aims to assist you in successfully shipping goods, reducing transportation risks, and enhancing the efficiency of international business operations.