Customs Brokerage

Overlooked Customs Fees: Harbor Maintenance Fee and Merchandise Processing Fee

The Harbor Maintenance Fee (HMF) and Merchandise Processing Fee (MPF) are two fees that are often overlooked, hence springing as a surprise for shippers when they receive their invoices. Although the two fees may be smaller charges, it is still important to take them into consideration when preparing for shipments. These are common maintenance fees that forwarders often come across when dealing with customs brokerages for imported cargo goods.

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A Simple Guide to Customs Clearance

Global trade has been expanding as nations continue to acquire and allocate resources to battle the pandemic. The global logistics industry has been projected to grow at a CAGR of 4.7% in 2021 amid stricter customs regulations and guidelines. Nowadays, shipping companies have been paying greater attention to international trade customs and how it affects them. So, what exactly are customs and how do you pass this hurdle?

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