YOU ASK, GREEN ANSWERS WHAT IS THE DIFFERENCE BETWEEN FOREIGN TRADE ZONES AND BONDED WAREHOUSING AS TARIFF MITIGATION STRATEGIES? Foreign Trade Zones (FTZs) and Bonded Warehouses are potentially beneficial tariff mitigation strategies available to U.S. importers. Both options offer deferred duty payment and strategic advantages under an evolving trade [...]
NOW AVAILABLE WEBINAR RECORDING:https://youtu.be/iXroR0aqv_4 PRESENTATION SLIDES:https://www.greenworldwide.com/wp-content/uploads/2025/04/Reciprocal-Tariff-Webinar-April-10-powered-by-Green-Worldwide-Shipping.pdf RECIPROCAL TARIFF POLICY REFERENCE GUIDE: https://www.greenworldwide.com/wp-content/uploads/2025/04/Reciprocal-Tariff-Policy-Reference-Guide-Update-April-15.pdf ABOUT THIS WEBINAR The U.S. has recently implemented a new reciprocal tariff policy, introducing a baseline 10% tariff on all imported goods, with higher rates for specific countries based on trade imbalances and perceived trade barriers. Notably, China [...]
NOW AVAILABLE: WEBINAR RECORDING: Click to View https://www.youtube.com/watch?v=epLM7L3-ru8 WEBINAR PRESENTATION: Click to Download WEBINAR Q&A : Click to Download Tariff & Trade Policy Update Q&A New U.S. tariff increases went into effect on March 4, 2025, and trade partners China, Hong Kong, Canada, and Mexico are responding with countermeasures. [...]
WATCH THE WEBINAR RECORDING: https://youtu.be/Z9u56roARFg?si=QWhis-uyMTVVz-Fp DOWNLOAD THE PRESENTATION SLIDES: https://www.greenworldwide.com/wp-content/uploads/2025/02/China-Canada-Mexico-New-U.S.-Tariffs-powered-by-Green-Worldwide-Shipping.pdf New U.S. tariffs on China took effect on February 4, 2025, with tariffs on Canadaand Mexico scheduled for March 5, 2025, under multiple legislative and executive authorities, including the International Emergency Economic Powers Act (IEEPA) and Section 301. These [...]
YOU ASK, GREEN ANSWERS What are the advantages of Straight, Switch, and To Order Bills of Lading? STRAIGHT BILL OF LADING A type of non-negotiable bill that specifies the ownership of the freight and requires the goods to be delivered only to the named consignee. The straight bill can [...]
YOU ASK, GREEN ANSWERS What is Vessel Utilization? Vessel utilization is the ratio of loaded containers to the total container slots available on a vessel. Increased vessel utilization reduces the need for repositioning empty containers. Repositioning accounts for roughly one fifth of global container movements. Optimizing vessel utilization can reduce [...]
YOU ASK, GREEN ANSWERS What is the Container Load Factor? Container load factor is the ratio of weight or volume of cargo in a container to the container’s maximum capacity. It is a measure of efficiency to understand how much capacity is being utilized. The container load factor is [...]
YOU ASK, GREEN ANSWERS What is a General Rate Increase (GRI)? A General Rate Increase, also known as GRI, is an annual percentage increase in shipping rates applied to the base freight rates. General Rate Increases reflect rising costs in transportation for a supply chain – such as, fuel, [...]
Fuel, in general, refers to any substance that is burned to produce energy. In the context of marine transportation, fuel typically refers to various types of fuel that are used to power ships, including bunker fuel, diesel, and liquefied natural gas (LNG). Bunker fuel refers to the heavy, viscous [...]
DOES A FOREIGN FIRM (BUYER) NEED TO IDENTIFY AS AN FPPI WHEN DEALING WITH A U.S. (SELLER) IN A ROUTED TRANSACTION WHEN THERE IS NO ACTUAL SELLING OF THE EQUIPMENT, BUT THE EQUIPMENT IS LEASED FOR A LIMITED AMOUNT OF TIME (LESS THAN 6 MONTHS) AND THEN RETURNED TO [...]