Micro learning

Understanding the Bill of Lading: A Comprehensive Guide

Table of Contents Aspect Bill of Lading Document of Sale Purpose Proof of shipment and contract for transport Proof of transaction and payment terms Parties Involved Shipper, carrier, consignee Buyer and seller Transferability Negotiable (in some cases) Non-negotiable Legal Standing Acts as a contract of carriage and title document Confirms the sale and payment agreement […]

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Ideas

πŸ‘‰ Beware the Risks of Using DAP Incoterm! | Protect Your Business in Global Trade

Risks of using DAP Incoterm Understanding the risks of using the DAP (Delivered at Place) Incoterm is crucial for protecting your business in international trade. Under DAP, the seller is responsible for delivering goods to a named destination β€” but once they arrive, the buyer takes on all the risks and costs, including customs clearance […]

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Ideas

How to Become a Customs Agent in the UK

How to Become a Customs Agent in the UK Introduction Becoming a customs agent in the UK is a rewarding career path that offers opportunities to work at the heart of international trade and commerce. Customs agents play a critical role in ensuring that goods imported and exported through UK ports and airports comply with […]

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Micro learning

What you need to know about REX(EU Customs -Registered Exporter System)

What You Need to Know About REX and the REX Process In the world of international trade, understanding the various schemes and certifications available can significantly streamline the customs process and reduce costs. One such important scheme is the Registered Exporter System (REX). Introduced by the European Union (EU), REX simplifies how exporters certify the […]

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News

Import Control System 2 (ICS2): What you Need to Know Before April 1, 2025

The European Union’s Import Control System 2 (ICS2) is entering its next phase, and from April 1, 2025, road and rail economic operators will be required to comply. This new system is designed to enhance security and streamline customs procedures, making it essential for operators to understand their obligations and prepare in advance. What is […]

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News

Crossing into the EU? New Driver Posting Rules You Must Know

Travelling to the EU? Prepare now for the EU posting of drivers portal. From 2 February 2024, the EU is introducing new rules that mean if you operate loaded goods journeys in and between European Member States (cabotage or cross-trade), you may need to register information digitally about your journeys on a new EU web based […]

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E-Learning

How Customs Value Affects Your Import Costs (With Case Studies)

Understanding customs valuation is crucial for businesses, importers, and customs professionals. In this video, we break down customs value calculation methods, key regulations, and common mistakes to avoid when declaring import values.πŸ“Œ What You’ll Learn:βœ… What is customs valuation?βœ… How to determine the correct customs valueβœ… The 6 WTO-approved valuation methodsβœ… Common mistakes that lead […]

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