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21Feb2024
Cargo, Container, Exporting, Importing, Regulation Miri Comments: 0

Customs risk management strategies

Customs risk management has a key presence in the logistics process of your cargo; is the process by which companies identify, assess and mitigate the risks associated with compliance with customs regulations and payment of tariffs. Today we share with you several important points that we put into practice in our daily operation: – The correct tariff classification of products means reducing the applicable tariffs, so it is important to know the harmonized system that governs the entry and...
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15Feb2024
Cargo, Exporting, Industry, Logistics, Supply Chain Miri Comments: 0

Requirements to export from Chile

Chile, one of the countries that has been present in recent years in the export ranking, with revenues that reached 96.1MM dollars in 2021; the most exported items are linked to the high production of copper and minerals, and its agricultural potential to export products such as fresh grapes, blueberries and plums. According to the Ministry of Foreign Affairs, you can export as a natural or legal person. Here are the main requirements you should consider when you want to export from Chile: ̵...
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12Jan2024
Cargo, Exporting, Importing, Logistics Miri Comments: 0

Stock management and logistics

How does stock management relate to logistics? Closely analyzing demand and monitoring stock will have a direct impact on the achievement of your sales goals, there are several KPI’s that should be reviewed such as inventory turnover rate, backorder rate, days on hand, and other indicators that will give you visibility on how often you should replenish or import merchandise, where it is crucial to consider delivery times and the length of time your cargo will be kept in transit. In cases w...
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27Dec2023
Cargo, Exporting, Importing, Industry, Logistics, Sustainability Miri Comments: 0

Hydrogen as a fuel in commerce

Hydrogen as a fuel in international trade is a promise that many companies claim is the alternative to replace natural gas, and that it does not emit greenhouse gases in its combustion. Experts in the field recently participated in the World Hydrogen Latin America Summit to discuss the inclusion of hydrogen in trade in Latin America, the Caribbean and Mexico. The most important point is the costs and infrastructure for its production, since it is not found in isolation in nature, but is generate...
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07Dec2023
Cargo, Exporting, Importing, Industry, Logistics Miri Comments: 0

Do you know Maersk’s “Triple-E”?

Maersk is the most important company in the shipping business, founded in 1904, currently has more than 500 container ships, which keep in transit much of the cargo that is handled annually around the world. According to data provided by Maersk on its finances, by September of this year it recorded revenues of 12.13 billion dollars, which represents a decrease of approximately 46% versus December 2022. The Triple-E class vessel is one of the largest container vessels in the world with a capacity...
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05Dec2023
Cargo, Exporting, Importing, Logistics, Regulation Miri Comments: 0

Dangerous goods and their code

Knowing the legislation and the code that governs the entire supply chain is the key to international trade. The IMDG code, International Maritime Dangerous Goods Code, contains the current provisions and regulations governing the transport of dangerous goods by sea, initially this code arises for the protection of the crew and the environment, containing information on the groupings or types of dangerous goods, labeling, packaging and other information that you should know before importing or e...
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01Nov2023
Cargo, Importing, Logistics, Regulation Miri Comments: 0

New import alerts from FDA

Recently the Drugs and Food Administration has published news alerts imports. If you are importer of any product you need to know this information at first hand. Import alerts contain modifications and new regulations for any product that may violate laws or endanger the health of the population, so without physical examination the cargo may be detained upon entry into the US. Here, some products on the red list: papaya and melons from Mexico peppers from Mexico fresh frozen(raw) shrimp from Ban...
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24Oct2023
Cargo, Exporting, Importing, Logistics Miri Comments: 0

WCO, do you recognize the acronyms?

When importing and exporting your products, it is very important to know a numerical code associated to the nature and type of merchandise used to identify all products that are moved from one point to another in the world. This applies to the transportation of cargo and shipments to Venezuela, as well as to other countries. This process is associated with the World Customs Organization (WCO). Also, in the process is immersed the Harmonized System (HS), which consists of all the nomenclature for...
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01Dec2022
Cargo, Exporting, Importing, Insights, Purchases Miri Comments: 0

Common mistakes when exporting

For exporters, there are many things to take into consideration that might be overlooked. Here you will find 5 of the most common mistakes made when exporting. Not knowing if the product is restricted or prohibited in the Country of Destination. Failure to seek expert advice to develop an international marketing strategy and plan. Not knowing conditions for the sale of the product in the different distribution networks Packing List: The Exporter must issue this document and must include the foll...
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13Jan2022
Cargo, Insights Miri Comments: 0

Baked goods, seafood, canned and packaged goods, candy and chocolate, etc. must be labeled with the country of origin, ingredients and nutritional information.

An error in the labeling of your products can delay delivery and create an avoidable inconvenience with your buyer. In order for your sales to arrive correctly, it is important to attend to all the details in the packaging of your product....
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