Coast-to-Coast Market Update
As Green continues to monitor the situation, stay up-to-date on freight news by following us on Facebook, Twitter, and LinkedIn. For continuous updates, make sure to check out our website at greenworldwide.com.
FAQ: Can I Get a Refund on Duties Paid for Obsolete Product?
LET’S CONSIDER THE FOLLOWING SCENARIO A company imports seasonal merchandise, such as Christmas decorations, and most of the product is sold. However, due to lack of demand, some remaining inventory may not have been sold, even at a discounted price. If it is financially feasible for [...]
Looking for New Green Academy Talent
In May of this year, Green Worldwide Shipping®, a top provider of international supply chain logistics, successfully launched Green Academy, the Company’s two-year development program offered at Green’s headquarters in Atlanta, Georgia. The rotational program, designed to emulate a traditional European apprenticeship, focuses on development opportunities across Green Worldwide’s business [...]
A Coalition Calls on FMC to Suspend Detention and Demurrage Charges
On Monday, November 16th, a coalition made up of more than 50 associations and groups of shippers, truckers and customs brokers have asked, in a letter to the U.S. Federal Maritime Commission (FMC), to suspend detention and demurrage charges immediately. The letter focused on problems and inefficiencies at both West [...]
FAQ: What is the Difference Between Vessel Dwell, Terminal Dwell & Street Dwell?
Simply put, Dwell is the time that cargo containers, chassis equipment, or providers spend waiting along the transport. “Vessel dwell time” is the time a ship spends at port securing the vessel, discharging or loading cargo, and other activities. "Terminal dwell time" refers to the time [...]
The Reasonableness of Detention and Demurrage Amid West Coast Port Congestion
The conversation regarding the fairness of detention and demurrage fees, which began over a year ago, continued in Los Angeles and Long Beach last week when ocean carriers were being asked by trucking operators to temporarily suspend these charges. Rules addressing the purpose of detention and demurrage were made final [...]
FAQ: How Can I Ensure the Information on My Customs Entries Has Been Accurate?
As an importer in the United States, your company has a legal obligation to ensure the information presented to U.S. Customs on your entries is accurate – even if you have a Customshouse broker acting on your behalf. The following are 10 Best Practices for ensuring [...]
FAQ: What is the Difference Between Demurrage and Detention?
Demurrage is charged while the container is still at the port. Detention is outside the port no matter full or empty. To give you an example, imagine that a shipper or consignee has seven ‘free’ days once his or her container arrives at a port before [...]
U.S. and Brazil Sign Updated ATEC Trade Agreement, New Trade Rules Added
On Monday, October 20, 2020, the United States and Brazil re-signed an updated and expanded Agreement on Trade and Economic Cooperation (ATEC) adding three key provisions for Customs Administration and Trade Facilitation, Good Regulatory Practices, and Anticorruption. “From their first meetings, President Trump and President Bolsonaro have shared a vision [...]
White House Targets Counterfeit Imports from E-Commerce Platforms
In a memorandum posted on October 13th, United States President, Donald Trump, requested the Department of Homeland Security (DHS) and the Attorney General to develop a proposal for bigger fines and new legislation focused on ending the import of counterfeit goods through e-commerce platforms. The White House notice detailed the [...]