UK Port Congestion – what happened?

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?”

What is a binding tariff?

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?”