by Rahul Goyal | Apr 29, 2021 | Air Freight Logistics, International Trade, Ocean Logistics
Increase in Air Freight Rates Due to COVID-19, many things have taken a different turn. This caused different impacts globally including the cost of shipping goods and exports taking a high hit in the rates. The exports take place through three major modes: Train,...
by Rahul Goyal | Apr 27, 2021 | International News
Covid19 has now reached new heights in infecting a number of people. The amount of loss it is creating is not just limited to people. Suffering from Covid19 is affecting everyone around, including friends and family! The count does not end here, due to the increase in...
by Rahul Goyal | Apr 22, 2021 | International News
India is facing a tragic high in the COVID-19 case. The country recorded 259170 new cases and 1761 deaths on Tuesday, according to MoHFW. With this, India has reached 15,321,089 COVID-19 cases in total while the active case’s tally has reached 2 million. All...
by Rahul Goyal | Apr 5, 2021 | Ocean Logistics
The world had been facing the greatest issue of container shortage at the ports after being hit by the Coronavirus. The problem made a huge impact on the imports and exports causing the delay in deliveries for over 3-7 days. There were times when ships had to steady...
by Rahul Goyal | Mar 30, 2021 | Training
BDG International, An Introduction to Harmonized Tariff Numbers (HTS) Webinar | Spring 2021 The Harmonized Tariff Schedule of the United States (HTSUS) provides a nomenclature that assigns a number to a product or product type, duty rate, and some but not all import...
by Rahul Goyal | Mar 18, 2021 | International Trade
The first Sale has been a very common way out for the people to reduce the customs duty liability on the goods which are being imported to the United States. U.S. Court of International Trade, therefore, issued a decision with important ramifications for any such...
by Rahul Goyal | Mar 16, 2021 | Ocean Logistics
There has been a huge increase in ocean freight costs in the last few months, which has resulted in many exporters facing losses in their business from various nations. This upsurge in the freight cost has crossed the limit and has made it difficult for the exporters...
by Rahul Goyal | Mar 1, 2021 | International Trade
Severe container congestion has hit Shenzhen’s Yantian port. The port is responsible for handling one-third of Guangdong’s foreign trade shipments and one-quarter of China’s exports to the U.S. Yantian port mainly connects China with Europe and the U.S. The port has...
by Rahul Goyal | Feb 24, 2021 | International Trade
The trans-pacific container system is slowing under the Asia import surge. Importers are spending double on equipment capacity, and carriers are prioritizing imports over lower-paying exports. This has angered US and Canadian farmers and exporters. There is...
by Rahul Goyal | Feb 20, 2021 | Rail Logistics
Union Pacific Railroad has closed down most of its intermodal connections in the Pacific Northwest, Midwest, and as far south as Texas for 72 hours. Due to extreme weather conditions, the UP has to take severe measures and call off its services in the region. The...
