There has been a huge increase in ocean freight costs in the last few months, which has resulted in many exporters facing losses in their business from various nations. This upsurge in the freight cost has crossed the limit and has made it difficult for the exporters...
How to know if your product is duty-free or has reduced duties under the Miscellaneous Tariff Bill Act of 2018? The Miscellaneous Tariff Bill ACT of 2018 was signed and approved into law on Sept 13th 2018. The purpose of the law is to reduce or suspend duty rates for...
Proposed Changes to expect in Incoterms 2020 The International Chamber of Commerce (ICC) has drafted proposed changes to the new Incoterms 2020. Incoterms (International Commercial Terms) was first developed by the ICC in 1936 in an attempt to simplify communicational...
Due to tensions with India, Pakistan airspace remained closed on Thursday morning. Pakistani airspace is currently closed to all traffic. This has resulted in the disruption of thousands of flights worldwide. Many Airlines have announced the suspension of their...
