What is Harbor Maintenance Fee (HMF)?

What is Harbor Maintenance Fee (HMF)?

What is Harbor Maintenance Fee (HMF)? Definition The Harbor Maintenance Fee (HMF) is a fee imposed by U.S. Customs and Border Protection (CBP) for U.S. imports shipped via ocean freight. It is charged at 0.125% of the value of the commercial cargo shipped through...
This Week in Global Logistics 46

This Week in Global Logistics 46

Occupy Protestors March on West Coast Ports – This week, the Occupy Movement marched on West Coast Ports disrupting cargo operations at Oakland and Portland resulting in heavy backlogs.  At Portland about 325 International Longshore and Warehouse Union workers and 200...

What is LCL?

Definition – Less than Container Load. A term used to describe the transportation of small ocean freight shipments not requiring the full capacity of an ocean container – Usually less than 20 CBM (cubic meters). A freight forwarder may create a...
Port Profile: Hong Kong

Port Profile: Hong Kong

The Port of Hong Kong is one of the largest import and export container ports in Asia.  The port’s geographic location makes it an ideal economic gateway to mainland China. Sheltered by Victoria Harbor, its deep waters provide excellent conditions for a large variety...