Preferential Trade Agreement
Preferential trade agreements (PTAs) are agreements made to set rules to facilitate commerce between select governments and eliminate trade barriers.
Key insights and market updates for logistics and trade.
Preferential trade agreements (PTAs) are agreements made to set rules to facilitate commerce between select governments and eliminate trade barriers.
A Partner Government Agency (PGA) is a U.S. government agency that works with Customs and Border Protection (CBP) to regulate commodities imports.
A chassis pool is a location such as a port or rail terminal where chassis are stored and made available for rental.
Catch the latest delivery routes and options, price changes, and other essential insights for the global air and ocean freight market.
Anti-dumping duties are established to protect local industry from foreign manufacturers of goods in certain categories.
A customs tariff is a tax levied on imports and is typically imposed by the government of the importing country.
A customs entry is a declaration made to a local customs authority by a licensed customs broker for the customs clearance of imports and exports.
De minimis fee is the price threshold below which shipments are subject to either reduced or no taxes.
A preferential duty is a duty with a lower than normal tariff rate levied on imports originating from countries within a Free Trade Agreement (FTA) treaty network.
Peak Season Surcharge (PSS) is a short-term extra charge that carriers impose on top of base rates during periods of high demand.
Airline Terminal Fee (ATF) is a cargo handling fee for air cargo processing at the airline terminal bonded warehouse.
A pallet exchange fee is imposed in the case where a trucker does not bring pallets for exchange when picking up palletized freight.
The airline storage fee is incurred when an air freight shipment is not picked up within the allowed free time period.
A per diem fee is charged by the carrier for each additional day that a container remains away from port beyond the allowed “free” days.