Insights

Stay Up to Date with the latest Laufer Market Letters and Whitepapers

Really?! 126 days to Kansas City? – taking the long ride home in 2021….

So, what is it really like today? To illustrate the challenges and reality of today’s TPEB market, we follow the journey an actual container shipment of bicycles from Ningbo to final delivery in Kansas City and track the shipment from the supplier’s ready date in Ningbo through to the final…

Sep 15, 2021

Laufer’s KC Secret Sauce is Giving Midwest Exporters a Boost!

In a city that is known worldwide for its BBQ, using the right combination of seasonings, rubs and sauces can be the difference between great BBQ and BBQ that is, well, just ok…Pit masters work for years perfecting their craft, honing their skills, and developing their own secret sauces. Just…

Aug 25, 2021

Standard vs. Priority Airfreight – Deciphering the Differences

When cargo is booked as general or standard service, almost everything else is prioritized over these shipments, and this is usually determined by commodity. So dangerous goods take precedence as well as live animals, perishables, passenger luggage. Many shippers are surprised to learn that passenger luggage takes priority over general…

Jun 14, 2021

Blogs

Laufer’s 2021 CHB ‘Mission to Washington DC’

Jun 09, 2021
Over the course of the two-day mission, meetings were held with representatives from Customs & Border Protection (CBP), the Federal Maritime Commission (FMC), the Food & Drug Administration (FDA), APHIS (a USDA agency), the Senate Finance Committee, the House Ways and Means Committee, and Congressmen/women from relevant districts.
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Blogs

Top Questions, Facts and Misconceptions about Cargo Insurance

May 25, 2021
All this uncertainty and risk has many shippers asking questions and re-evaluating their position on cargo insurance. We’ve collected a short list of frequently asked questions, facts, and misconceptions regarding cargo insurance to help generate discussion and ideally leave you better prepared and aware to determine your own risk exposure and insurance requirements.
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Blogs

How to ensure your supply chain is Customs compliant and ready for 2021 (Part 3)

May 05, 2021
US Customs can request and audit documentation up to five years from the date of entry, and therefore, the retention requirement for documentation is five years. In some cases, the requirement can be for longer. Such as entries subject to certain trade barriers, anti-dumping, etc. - those documents must be kept until the cases are closed. There are stiff penalties if an importer cannot provide or reproduce those documents when requested. At minimum, an importer’s record retention should include the following: the full customs entry packet, including the commercial invoice, packing list, bill of lading, any related certificates. Trade agreements often require additional certifications, including the verification of country of origin.
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