Insights

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

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

Laufer’s 2021 CHB ‘Mission to Washington DC’

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.

Jun 09, 2021

Top Questions, Facts and Misconceptions about Cargo Insurance

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…

May 25, 2021

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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Blogs

How to ensure your supply chain is Customs compliant and ready for 2021 (part 2)

Apr 28, 2021
There are so many Free Trade Agreements (FTA’s) that it can be challenging to keep track of - and they often change just like HTS classifications. It is not just a one-size-fits-all for every agreement, and even within agreements, there can be different statues for different countries.
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Blogs

…We‘ve got answers!

Apr 27, 2021
Come on!, we know you have questions! We’d be surprised if you didn’t because we get them every day. And though we get so many different ones, all unique to each client’s experience there are some that most have in common. The list below are the ones we get most frequently about this crazy ocean import market we are in.
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