Krypt Blogs | Customs Broker

Information and Insights on Global Trade and Supply Chain Solutions


The importance of AES Filing for export shipment

Authored by: Vijendra Kargudri Background of AES Filing Today’s global trade is wrought with regular trade tariffs, embargoes, sanctions, penalties, and more by the US. Under such conditions, a US exporter faces constant challenge while trading with any foreign business. Hence, to be compliant, every US exporter ought to follow the Automated Export System (AES). … Continue reading “The importance of AES Filing for export shipment”

By: Krypt Team - October 18th, 2019

Bonded Warehouse vs. Foreign Trade Zones (FTZ)

As an importer, both Bonded Warehouses and Foreign Trade Zones can be financially beneficial when thinking about storage and warehouse distribution. But how do you know which to use and in which circumstances? Let’s take a closer look. Bonded Warehouse Definition A secure building or area (Customs Warehouse) in which dutiable goods can be stored, manipulated, … Continue reading “Bonded Warehouse vs. Foreign Trade Zones (FTZ)”

By: Team Krypt - July 18th, 2016

What you need to know about DSP-5

DSP-5 Scenario based on real events Your company has been working for months, maybe even years to cultivate a contract to manufacture your company’s first satellite for a Singapore Cellular Provider. It’s a $10,000,000 contract and your manufacturing team has just completed the final product. Months ago, you were given a forecast of when the … Continue reading “What you need to know about DSP-5”

By: Team Krypt - April 21st, 2014