What is LCL? ‘LCL’ is an acronym for ‘Less than Container Load’ and is referring to the volume of the consignment you are shipping. If you are only shipping one or two pallets this is not enough to fill a 20 or 40 foot shipping container. Therefore your shipment would be packed into a shippingContinue reading “LCL Sea Freight Shipping”
Inward Processing Relief (IPR) and Outward processing relief (OPR) are Customs procedures for goods that are entering the country for a process or are returning to the country after a process has been completed. A ‘process’ could be service such an inspection, repair or modification. They are not a way of avoiding import duty andContinue reading “IPR and OPR Customs Procedure Codes”
When goods arrive into the UK from a third country (currently anything not within the EU) they need to be cleared through UK customs and the appropriate import duty and VAT paid. When the customs entry is submitted to UK customs there is four main routes the entry can take. Route 1 If an entryContinue reading “UK Customs Clearance Routes”
Companies tell the future, or forecast, all the time when it comes to ordering stock. Forecasting is the system used to determine how much stock should be ordered.