A combination of factors has led to a steep climb in ocean shipping rates and new carrier fees. Post-Covid consumer demand has increased in the face of severe equipment shortages and reduced capacity on ocean carrier vessels. Ports, truckers, and rail depots have a...
Choosing the right freight forwarder is a critical decision. The choice between Cost of goods, Insurance Freight (CIF), and Free on Board (FOB) shipping terms often determines what type of forwarder you’ll use. The consequences of this decision are significant....
In most cases, air freight is the most expensive shipping method. Shipping cargo via air freight can be the best option if speed to market is your highest priority. No matter why you choose to ship by air, there are several critical considerations before committing to...
Understanding the Global Container Shortage The shipping industry is facing a significant problem brought on by the effects of the COVID-19 pandemic. This problem cascades through the supply chain and is disrupting trade on a global scale. Shipping containers have...
At 2022lpl , we have prided ourselves on being customer and relationship-focused since 1976. Being customer-focused means doing absolutely everything possible to ensure our clients are getting the best service start to finish with every shipment. That...
Duty drawback refers to the refund of specific duties, internal revenue taxes, and fees paid on the value of goods imported into the United States. Per the US Customs and Border Protection (CBP) these refunds are only paid if the imported goods are either...
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