by Promptus LLC | Jun 1, 2026 | Freight Forwarding, Video
The cargo insurance market hit $69.84 billion in 2024 and is projected to increase to $101.43 billion by 2032. That’s not just market growth. It’s a direct reflection of how much money businesses lose in transit every year. If your company ships goods...
by Promptus LLC | Apr 2, 2025 | Customs Brokerage, Video
If you’ve ever received a U.S. CBP (Customs and Border Protection) Form 28 or CBP Form 29, you may have felt uncertain about what steps to take. These forms are commonly issued to importers concerning past imported products that have not yet been liquidated....
by Promptus LLC | Oct 3, 2024 | Customs Brokerage, Video
Importers and exporters must become familiar with customs regulations and resources that could help them save money, especially in import duties. One prevalent route taken by companies is the use of bonded shipments. But what does ‘bonded’ mean? As defined by CBP “The...
by Promptus LLC | Feb 1, 2024 | Freight Forwarding, Global Logistics Solutions, Video
Opportunities in Central America and the Caribbean Offshore manufacturing has existed for a long time, and it consists in the production of goods or services in another country. The production can be performed by a subsidiary of the same company or by a new foreign...
by Promptus LLC | Nov 2, 2023 | Freight Forwarding, Video
The US Census Bureau’s Trade Regulations Branch is constantly consulted regarding who the Ultimate Consignee is in an export transaction. The are many variations and circumstances on an export shipment that can make the answer a little tricky. FTR Section 30.1 of the...
by Promptus LLC | Apr 3, 2023 | Freight Forwarding, Video
Freight class or NMFC (National Motor Freight Classification) is a shipping industry standard and grouping system developed by the National Motor Freight Traffic Association (NMFTA). It is used for interstate, intrastate, and foreign (Mexico and Canada) commerce...
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