Glossary

An Arbitration Clause is a provision commonly included in international shipping or trade contracts that requires parties to resolve disputes through arbitration instead of litigation. This clause helps resolve conflicts...

The Automated Commercial Environment (ACE) is the U.S. Customs and Border Protection’s primary electronic platform for processing import and export data. ACE provides a centralized system for the trade community...

The Automated Broker Interface (ABI) is a U.S. system that enables customs brokers to electronically submit import entry data directly to U.S. CBP. ABI significantly speeds up the import process...

An Ad Valorem Duty is a customs charge calculated as a percentage of the imported goods' declared value or invoice price. This type of duty varies based on the assessed...

An ATA Carnet is an international customs document that allows duty- and tax-free temporary importation of goods into multiple participating countries. It is commonly used for commercial samples, professional equipment,...

What is an arrival notice? An Arrival Notice is a formal notification issued by the carrier or freight forwarder. It aims to inform the consignee—the recipient of the goods— that...