Customs Brokers


Descartes: UK Business ill-prepared for post-Brexit Customs Complexity

Descartes: UK Business ill-prepared for post-Brexit Customs Complexity

17th Sep 2020 – UK Business ill-prepared for post-Brexit Customs Complexity 2020 was meant to be the year of ‘Brexit Preparation’. When the UK left the EU on January 1st 2020, firms involved in trade with the EU were set to spend 12 months on robust planning, maximising the 12 month Brexit transition period to understand the new trade and customs requirements. The transition period provided time to put in place...

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Dubai Customs’ transactions grow 38% to AED7 million in H1, 2020

Dubai Customs’ transactions grow 38% to AED7 million in H1, 2020

Dubai, 16th September 2020 – Dubai’s economy continued its exceptional performance despite headwinds from a slowdown in the global economic growth due to the coronavirus, COVID-19, pandemic. The number of customs transactions completed by Dubai Customs skyrocketed 38.5 percent in the first six months of 2020 to reach 7.2 million compared to 5.2 million transactions in the corresponding period in 2019. This reflects the vital role Dubai plays as...

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Dubai Customs transactions jump 36%

Dubai Customs transactions jump 36%

Customs transactions processed by Dubai Customs jumped 36% in the first five months of 2020 to reach 5.9 million compared to 4.4 million transactions in the corresponding period of 2019.  Dubai Customs completed 5.88 million transactions (99.2%) through smart and online channels, with only 0.8% done through the service counters, a release said. Customs declarations rose 42% in the first five months of this year to reach 5 million declarations...

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A.P. Moller – Maersk to acquire European specialist KGH Customs Services 06 July 2020

Copenhagen, 6 July 2020 – A.P. Moller – Maersk announces that it has reached an agreement with Bridgepoint Development Capital to acquire KGH Customs Services (KGH), a Sweden-based specialist in trade and customs management services in Europe. This will further enhance Maersk’s capabilities as an integrated container logistics company, offering end-to-end supply chain solutions to its customers. With its specialised expertise across freight modes (air, ocean, land) and deep knowledge...

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Tax Matters: Digital service tax updates create even more uncertainties

The Royal Malaysian Customs Department (RMCD) recently released a series of updates on the digital service tax framework, which officially went into force on Jan 1. Released in April, the rules — which apply retroactively now — exempt local banks and financial institutions (FIs) from having to levy the 6% tax when charging fees on transactions that pass through their networks.  Deloitte Malaysia partner for indirect tax Senthuran Elalingam...

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Cargo operations at Chinese airports hit break-point; freight rates slump

Airfreight demand out of China was lower than expected this week but it started to drop soon after the Golden Week holidays. It was a terrifying time for forwarders before the China holidays and soon after. Empty freighters, canceled charter contracts, missed flights and stricter PPE quality inspections also saw a reduction in demand for shipping PPE. Demand for air freight was lower than expected due to shippers holding...

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BOC releases PPEs for medical frontliners

MANILA, Philippines – Nearly 5,000 shipments of personal protective equipment (PPEs) for frontliners addressing the coronavirus disease (COVID-19) crisis have been released from ports by the Bureau of Customs (BOC). Information from the BOC Public Information Office on Friday showed that a total of 4,669 shipments of PPEs have arrived in the country from March 9 until April 2. All of these shipments have already been released. On April...

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How to Choose a Customs Clearing Agent and Freight Forwarder

How to Choose a Customs Clearing Agent and Freight Forwarder

By Hima Bindhu Dec 5 2019 / Grain Mart News The successful export or import of a shipment is dependent on several entities. No matter how big or small a shipment is, two entities stand out due to the importance of their roles in a shipment. The two entities are clearing agents and freight forwarders. Freight Forwarding and Clearing Agent The duty of movement of consignments in favor of...

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