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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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01Feb2024
Exporting, Importing, Logistics, Regulation Miri Comments: 0

ROHS and REACH certifications

The acronym refers to several certifications that govern the trade of certain substances in Europe. In the case of ROHS certification, it regulates aspects related to the use of heavy metals in the manufacture of electrical and electronic devices, for which the products to be exported must undergo the necessary tests in accredited laboratories. The Registration, Evaluation, Authorization and Restriction of Chemicals (REACH) regulation regulates the production and use of chemical components, as w...
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25Jan2024
Economy, Exporting, Importing, Logistics Miri Comments: 0

Impact of Free Trade Agreements

Your import can be benefited by the FTAs in force, these acronyms refer to free trade agreements, either bilateral or multilateral to form a strategic trade union, determining the tariffs and duties that the countries involved impose on imports and exports with the aim of reducing or eliminating trade barriers, thus promoting international trade. It is important to highlight the difference that exists with the customs unions, in the second case it is a fundamental requirement that a common tarif...
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19Jan2024
Exporting, Importing, Logistics, Ports, Vessels Miri Comments: 0

Roro vessels and their accident probability

They are so called because of the acronym of the English term roll on-roll off, referring to the procedure in which a means of transport is driven onto a ship as in this case by its own means, without any other loading equipment. These vessels have ramps that allow the cargo to be unloaded (roll off) and loaded (roll on); in contrast, lo-lo containers (lift on-lift off). Roro vessels indicate that they were designed in a risky way, which increases the probability of accidents, certain studies ha...
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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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02Jan2024
Container, Exporting, Importing, Logistics Miri Comments: 0

FCL and LCL, you know the difference?

One of the most used transports in international trade is maritime and sometimes the lack of knowledge of certain terms and codes can lead us to run with unnecessary expenses. Today we talk about two important terms that will help you make the best decision for the safety of your cargo. FCL (full container load) and LCL (less than container load) are acronyms that are used very frequently in the field, and basically refer to whether your cargo travels in a container alone or shares space with th...
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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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21Dec2023
Exporting, Importing, Logistics Miri Comments: 0

Nationalization of cargo in Venezuela

Customs clearance; you may not be familiar with this term, but it is the entire administrative process that must be carried out for the nationalization of your goods, located in the corresponding customs warehouses, in order to remove them from customs and give them legal entry into the country. Here are some important points that govern this process in Venezuela, according to the Organic Customs Law: – Goods must be declared before or no later than the fifth (5) working day following the...
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13Dec2023
Exporting, Importing, Logistics Miri Comments: 0

Shipper Export Declaration (SED)

The shipper export declaration or SED for its acronym, is an electronic document where the declarant as the exporter or customs broker includes the information relating to the goods, this declaration is a fundamental requirement for certain exports from the United States, if not comply with this requirement and the export is made, both the supplier or freight forwarder may incur fines or penalties by the U.S. government. In the case of vehicle exports to Venezuela, certain parameters or essentia...
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