A question Logistics Managers (like myself) and Supply Chain Managers are hit with regularly, especially now. It has been an extremely challenging time for anyone in the logistics industry – all across the board: Brexit, Covid, Lockdowns, Driver shortages, Port congestion, Container Shortages, Limited Flights – the list goes on. I definitely have a lotContinue reading “Why are airfreight costs sky high?”
Most of the UK seaports have been (and some still are) suffering from severe congestion. It is extremely frustrating for the ports, freight forwarders and importers alike. If you have been effected, like me, you may be wondering – what happened? From what I can observe, like most problems, a number of factors have contributedContinue reading “UK Port Congestion – what happened?”
A binding tariff or binding tariff information (BTI) is a classification decision made by the local customs authority in UK and Europe on the classification of goods. The BTI outlines the commodity code or harmonised standard (HS) number the goods are classified under and the associated duty rate plus any required licenses, quotas or quantitativeContinue reading “What is a binding tariff?”
Have you reviewed your procedures for instructing your customs clearing agents lately? If not it could be costing you more than it should in unnecessary import duty, VAT and agents fees.