Expert guides, freight tips, and China import insights for global importers.
Sea FreightWhen your business ships valuable cargo across the globe, you need the peace of mind that comes with reliable freight insurance. What is Freight Insurance? Freight insurance is a type of policy that safeguards your goods against loss, damage, or theft while they’re in transit. Many shippers assume that the carrier’s liability will fully protect [ ]
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Sea FreightTL;DR Sea freight from China to the USA costs $1.80-$2.80 per CBM all-in for FCL, 4-6x cheaper than air. FCL (Full Container Load) is best for shipments over 25 CBM; LCL (Less than Container Load) is best for 3-25 CBM. Transit times range from 14-25 days port-to-port depending on US coast (West vs East) and [ ]
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Sea FreightStatus Quo No Longer Works The ocean freight market has been caught in a vicious market cycle that has created levels of congestion never seen before. Spot rates have soared; and space has become a premium for those who are importing and exporting goods across the globe. For now, that volatility looks here to stay—at [ ]
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Sea FreightTwitter is often cited as a source for updates about regulatory changes in the U.S.-China trade war, but it should come as no surprise that Twitter is not actually an official medium for tariff communications. In reality, for any changes to the current Harmonized Tariff Schedule (HTS) and related duty rates to take effect, an [ ]
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Sea FreightStarting today June 1st, 2018, the General Administration of Customs of the People’s Republic of China (GACC) is changing its China Customs Advanced Manifest (CCAM) requirements for imports and exports according to GACC Announcement No. 56. The new requirements include data that must be electronically shared with the GACC for all inbound and outbound imports [ ]
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Sea FreightBy now there’s a good chance you’ve seen the news that a fresh round of import tariffs have been announced by the U.S. Administration. The Chinese have responded in kind. While we believe that global trade is absolutely essential to a free and prosperous society, our immediate focus in the coming weeks will be on [ ]
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Sea FreightThe Shanghai Containerized Freight Index (SCFI) is a highly cited metric used to discuss the health of global trade. In the past 30 days alone, news outlets and industry journals have published over 100 articles referencing the SCFI. Carriers, such as global shipping giant Maersk, have referenced the SCFI in their annual reports since the [ ]
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