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What Is the Difference Between a Sufferance Warehouse and a Bonded Warehouse?
A tomato is technically a fruit, but doesn’t go well in fruit salad. Similarly, at first blush, a sufferance warehouse and a bonded warehouse may both seem like they are comparable or even interchangeable, but their differences are vital, and getting it right as an importer or carrier has far more than just a ruined salad at stake.
November 23, 2018
John Doe
12 comments
Tariff Relief in Canada
Trading in the year 2025 has become more complicated and costly than ever. What the new 25% tariff has meant for Canada and its international businesses is an advancement in curiosity on the mechanisms and programs that offer tariff relief. With new high-duty environments waiting for Canadian importers, it has become more critical than ever to leverage every advantage available. But what is available to Canadian businesses affected by these tariffs? And, perhaps more importantly, how do those businesses functionally put these programs to work?
November 23, 2018
John Doe
12 comments
What Happens When You Do Not Post Financial Security?
April 19th, 2025, marks an imperative date for Canadian Commercial Importers - the end of the 180-day grace period of Release Prior to Payment Privileges (RPP) for those importers without a form of financial security posted in their CARM Client Portal. For those importers, this blog is for you, as failure to do so will result in the CBSA rejecting your shipments at the border, and as a result, a lengthy in-term release process with increased costs.
November 23, 2018
John Doe
12 comments
What is an Incoterm®, and How It Could Save You Money?
Whenever the international marketplace becomes more expensive - be it through market pressure, new tariffs, or changing trade dynamics, reassessing your Incoterms® should always be high on the list of things you do in response. If the international marketplace is in a state of upheaval, examining your Incoterms® and determining if they still work for the current market realities can be one of the easiest and surest ways to save costs and offset a high-duty environment.
November 23, 2018
John Doe
12 comments