Trade Risk Guaranty - TRG

Informed compliance is a shared responsibility between Customs and Border Protection (CBP) and the import community.

What is Informed Compliance? | Trade Risk Guaranty

Many shippers believe that the carrier is responsible for any loss or damage incurred when goods are in transit. But, that responsibility is limited by a concept known as the carrier limit of liability.

What is Carrier Limit of Liability for International Shipping? Many shippers believe that the carrier is responsible for any loss or damage incurred when goods are in transit. But, that responsibility is limited by a con...

Shippers jockey for limited vessel space, but some companies are getting priced out of the market.

Are you shipping me?!? $32,000 container move from China to LA - FreightWaves We have a new winner in the ocean shipping game of “How High Can Rates Go?” — about 15 times higher than before the COVID crisis.

Major ports are experiencing a huge influx of containers, resulting in long supply delays.

What’s Causing The Container Ship Traffic Jam Clogging Up Global Trade Around the world, some major ports are experiencing a huge influx of containers, resulting in long supply delays. Trade wars, high demand, and a pandemic hav...

Maersk, the world’s largest container shipper, has seen record profits. The Danish shipping firm whose customers include Walmart and Nike announced May 2021 first-quarter revenue of $12.4 billion, a 30% increase from a year earlier.

How Maersk Dominates the Global Shipping Industry The global container business is in chaos. Surging consumer demand, covid outbreaks and a shortage of containers has led to higher volume for ocean carriers ...

When choosing a cargo insurance policy, it’s essential to look closely at cost and coverage in order to choose the one that is the best fit.

What Does it Mean to Insure Shipment-By-Shipment? Those who rarely ship may benefit from shipment-by-shipment cargo insurance, but it is wise to consider the benefits of an annual policy.

Canada is beginning to reopen its borders for nonessential travel after a 16-month shutdown in response to COVID-19. Starting Aug. 9, fully vaccinated U.S. citizens and permanent residents can enter the country.

What will the reopening of the Canadian border mean for freight? - FreightWaves Canada is reopening its borders to vaccinated Americans. AskWaves explains why this will help fuel demand for freight in the hospitality sector.

There is a wide variety of marine cargo insurance coverage options available. Shippers should be familiar with the two primary types that exist to decide what kind of coverage is right for them.

Types of Marine Cargo Insurance Coverage | Trade Risk Guaranty Shippers should be familiar with the two primary types of marine cargo insurance coverage to decide what is right for them.

More than 100 million metric tons of U.S. Soy Sustainability Assurance Protocol verified soy has been exported internationally over the seven years since the protocol was launched in 2014.

Sustainable soybean exports hit milestone The United States Soybean Export Council, United Soybean Board and the American Soybean Association announced July 22 that a milestone has been passed: More than 100 million metric tons of

On a 12-month average basis, natural gas exports now equate to around 15.82% of total demand - a new all-time record.

August 2021: Natural Gas Supply-Demand Balance Overview And Forecast In this article, I review EIA consumption and export figures, look at my estimates for June and July, and conclude with my latest forecast for August, September, and October.

Since 1992, plastic bath toys made by First Years Inc. have been traveling across the world with the current. These toys, dubbed “Friendly Floatees”, have helped scientists map out the surface currents of the ocean.

Friendly Floatees | Marine Cargo Insurance Ever wonder what happens to bath toys that end up in the ocean? They travel across the world, and they are called "Friendly Floatees".

There are specific risks insurers evaluate when shippers apply for coverage. This blog post discusses the top 5.

Top 5 Factors That Impact Cargo Insurance Costs Marine cargo insurance costs are impacted by the specific risks insurers evaluate when shippers apply for coverage.

The U.S. trade deficit in goods increased in June as imports continued to rise amid strong economic activity.

U.S. goods trade deficit widens on imports; inventories increase The U.S. trade deficit in goods increased in June as imports continued to rise amid strong economic activity, suggesting trade likely remained a drag on growth in the second quarter.

When importing into the United States, shippers should have an understanding of the different types of duties they will be required to pay upon entry.

Types of Customs Import Duties | Trade Risk Guaranty When importing into the United States, shippers should understand the different types of import duties they must pay upon entry.

The COVID-19 pandemic has left indelible marks on supply chain practices and practitioners.

HOW COVID-19 TOOK THE SUPPLY CHAIN TO A NEW PLACE - Global Trade Magazine The COVID-19 crisis has taught us what should have been obvious to many, that risk trumps cost. Risk, if not properly managed, poses an existential threat...

The FDA is responsible for ensuring that domestic and imported goods are safe for consumers before reaching the marketplace.

Are Your Goods Subject to FDA? | Trade Risk Guaranty

China’s export growth unexpectedly picked up in June, shrugging off the impact of port disruptions in southern China.

China’s Export Growth Unexpectedly Accelerates in June China’s export growth unexpectedly picked up in June, shrugging off the impact of port disruptions in southern China and helping to underpin the economy amid signs the recovery is starting to slow.

Summer weekends mean exploring the parks for many TRG employees. Here are our top 5:

TRG's Favorite State Parks Check out these gorgeous state parks near Bozeman, Montana, and have a blast in Big Sky Country.

The global intermodal freight transportation industry is forecast to grow at around 15 percent year-on-year.

5 KEY STATES WITH INTERMODAL TRANSIT HUBS OFFERING SIZABLE ECONOMIC AND ENVIRONMENTAL ADVANTAGES - Global Trade Magazine Critical intermodal transport conduits exist all over the States, from east to west and north to south–without them, supply chains would be far costlier...

The Automated Commercial Environment (ACE) is a web-based system that the trade community uses to report imports and exports while the government determines admissibility.

What is The Automated Commercial Environment (ACE)? ACE is a web-based system that the trade community uses to report imports and exports while the government determines admissibility.

World container port throughput increased 7.8% last year to about 201 million TEUs — the first time volume exceeded 200 million TEUs.

FreightWaves Flashback: World ports reach 201 million TEUs - FreightWaves 2000: World container port throughput increased 7.8% last year to about 201 million TEUs — the first time volume exceeded 200 million TEUs.

Hauling oversize loads can be difficult and stressful, and there are many elements to consider, including traffic, road hazards and weather conditions.

6 Safety Tips for Transporting Oversized Loads - Global Trade Magazine Stepping behind the wheel of a transport vehicle is dangerous enough, but when oversized loads are added to the mix, the risks are exponentially increased.

In international trade, there are a variety of shipping methods available to safely deliver your goods to their final destination.

[Infographic] Check Out 4 Shipping Methods with Containers Certain types of cargo require alternative shipping methods that do not involve a typical container during transport. Learn about these methods and make sure you have the correct transportation type for your goods.

Every importer has different needs when shipping goods to the United States, and it’s important they use the ideal shipping method for their business.

What Shipping Method is Right for Me? | Trade Risk Guaranty Every importer has different needs, and it’s important they use the ideal shipping method for their business.

How can liners find more capacity? There is a way — without adding ships — for liners to move more cargo and take even greater advantage of today’s stratospheric rates: speed up.

Full steam ahead: Why container ships are racing across the Pacific - FreightWaves Container ships in the congestion-plagued trans-Pacific trade have stepped on the gas, with some vessels now topping 20 knots.

Air transport will continue to play an increasingly vital role in keeping the world's supply chains running smoothly.

The Important Role Air Cargo Plays in the Global Supply Chain - Global Trade Magazine According to the International Air Transport Association, air cargo has played a pivotal role in delivering much-needed medical equipment and medicines.

Hiring a Customs Broker can be a very confusing process for an importer, especially if they are new to international trade. The following are three important questions to ask your Customs Broker.

3 Questions for Your Customs Broker | International Trade Trade Risk Guaranty provides three important questions to ask your Customs Broker before you hire them to help your company.

This webinar defines what Customs Brokers and Freight Forwarders are and their specific roles in the import process.

What Are Customs Brokers & Freight Forwarders? [Full Webinar] In this installment in Trade Risk Guaranty's webinar series, we are discussing the role of Customs Brokers and Freight Forwarders in the process of importing...

Human resources are available to importers who can help make the shipping and entry process easy from start to finish.

Human Resources for U.S. Importers | Trade Risk Guaranty There are many import support tasks an importer is required to carry out in order to import into the country, some of which can be hired out.

Here's some things to consider when devising -- and updating -- your supplier contract.

Delayed Supply of Goods – Is Your Supply Contract Up to Scratch? Many of today's supply contract terms aren't protecting suppliers through delays. Here's some things to consider when devising -- and updating -- your supplier contract.