Last updated 22 days ago
If our recent blog posts about the Port of Baltimore and US trade restrictions have helped answer some of your shipping questions, here are a few links from around the web that you won’t want to miss. If you still have questions about domestic or international shipping, or you’d like to get in touch with a qualified shipping company, call Baltimore’s World Trade Logistics at (410) 329-3520.
Last updated 29 days ago
International economic sanctions are important tools of US foreign policy that can help bolster America’s national security interests. However, because foreign policy is a dynamic field that is constantly changing, current US trade restrictions can be difficult to keep track of. Violating these trade restrictions can lead to huge fines and harsh legal penalties for US exporters. If your company operates on the global stage, make sure you know the most up-to-date US trade laws. Consider working with a professional logistics and shipping company who can help you avoid trade violations. Here are a few answers to two of the most common questions concerning US trade restrictions:
What Countries Am I Prohibited to Trade In?
Current US sanctions prohibit or limit trade with a number of countries. Comprehensive sanctions are currently in place for Burma, Cuba, Iran, Sudan, and Syria. However, even if your international shipping destination does not fall on this list, there is still an even longer list of partial sanctions that you could accidently violate. To avoid these problems, check with the Office of Foreign Assets Control or let a knowledgeable shipping company handle your international shipping transactions.
What Is the Punishment for Violating US Trade Restrictions?
The US government takes established trade laws very seriously. Given the consequences you could face for breaking them, you should as well. The fines for criminal sanction violations range from $50,000 to $10 million, along with 10 to 30 years of prison time. Even in civil cases, you could have to pay up to $1.075 million. Before you ship internationally, make sure you comprehensively understand US trade restrictions.
If you have questions about the most current US trade laws, call Baltimore’s World Trade Logistics at (410) 329-3520. An expert shipping company in both domestic and international freight shipping, we can help you handle all of your logistical and shipping needs. If you’re in Baltimore, stop by our office today.
Last updated 1 month ago
- International Shipping (Air or Sea)
- In Continental U.S. (Air, Land and/or Sea)
- Warehouse Services
- Local Cartage Services for Door-to-Door Delivery
- Trade Show Exhibit Pickup & Delivery Services
- ....and MUCH More!
For more information, call us today at (410) 329-3520!
Last updated 1 month ago
Thomas Valentine owned his own freight forwarding and logistics company for more than 19 years. In October of 2006, he sold his company to the Target Logistic Services group ( Amex: TLG ). Target Logistics was subsequently purchased by the Mainfreight Group based in New Zealand.
Tom was tapped as the first Vice President of Sales and Marketing for Mainfreight USA. He is responsible for a $200+ million dollar revenue position for the group and leads a sales team of more than 60 team members.
Tom is recognized as an industry leader in international logistics education and compliance training. He has extensive import and export experience and has been recognized be the state and federal government for his assistance to global companies. Tom currently serves as Vice Chair of the New York District Export Council by appointment from the U.S. Secretary of Commerce.
Last updated 1 month ago
The Port of Baltimore is one of the most important waterways in the United States. Serving as a strategic point of global trade and international shipping, the Port of Baltimore is the waterway of choice for more than 70 ocean carriers that make almost 2,300 visits per year. Professional shipping companies know what makes this port such an attractive destination for international business. Here are five facts you might not know about the Port of Baltimore:
1. The Port of Baltimore is over 300 years old and is a genuine part of American history. Dating back to the 17th century, the Port of Baltimore was first used for shipping tobacco to England when Maryland was still only a colony. Today, after three centuries of expansion, the Port of Baltimore contains five public terminals and 23 million square feet of warehousing.
2. The Port of Baltimore receives a wide variety of imports and exports. The seaport is responsible for a great deal of America’s outgoing coal, corn, and soybeans, and is the top point of entry for foreign automobiles. Other major imported commodities include agricultural machinery, iron ore, and petroleum products.
3. The Port of Baltimore is one of just two East Coast shipping channels that extend to depths of 50 feet underwater. This makes it a popular point of entry for freight heading to the American Midwest. From the Port of Baltimore, over one-third of the American population can be reached in just a day’s drive.
4. In 2010, the Port of Baltimore saw over 33 million tons of moving cargo. This is valued at $41.5 billion in trade!
5. The Maryland Port Authority has recently begun to make the Port of Baltimore more environmentally conscious. This has included green educational initiatives, as well as dredging and cleaning more than 22 acres surrounding the Port.
If you’re looking for an experienced shipping company that can help you move commerce through the Port of Baltimore, call World Trade Logistics at (410) 329-3520. We can help you get your products wherever they’re heading by land, air, or sea.
