Dave Bisney

You should report any Customs violations. Once you find a violation, you should examine other entries to determine if there is a pattern of similar violations. Sometimes, these can be corrected as Post Summary Corrections or Protests if they fall within the applicable timeframe to have the entry corrected. If you find a systemic issue, you should submit a prior disclosure to Customs. It is always better to notify Customs of the error, rather than have Customs notify you.

Ro-Ro ships are vessels designed to transport vehicles on wheels, i.e. cars, trucks or industrial vehicles. Sometimes they have built-in ramps for the loading and unloading of vehicles.

The fact that the cargo can access the ship under its own steam removes the need for a crane, thus reducing the intermediary costs related to loading, unloading and stowage.

These ships can only carry wheeled vehicles and mustn’t be confused with Ro-Pax vessels, like ferries, which combine the transport of vehicles and passengers.

A list of items subject to Bureau of Industry and Security export lice se requirements based on their description or technical parameters.

There are basically only three ways to increase revenue, and each of them depends on effective supply chain management:

• Raise prices.
• Sell more stuff to current customers.
• Attract new customers.

To raise prices, you need to be providing more value than your competitors. As long as you can deliver the product your customers want, when they want it, and where they want it better than your competitors, then you can charge more money.

Forward contracts can be a good hedging tool for whatever currency you deal in. This lets you know exactly how much you are going to be getting back from your exports once the client settles.