Customs Trade Partnership Against Terrorism (CTPAT) is a U.S. Customs and Border Protection’s (CBP) cargo enforcement program to re-inforce the international supply chains and enhance the U.S. border security. There are several benefits to CTPAT certification for stakeholders along the supply chain, including reduction in customs audits and gateway into the CTPAT portal.
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Cost, Insurance, and Freight (CIf)
Glossary / July 21, 2022 July 26, 2022
Cost, Insurance, Freight (CIF) is an incoterm that requires the seller to deliver the goods, clear the export, and provide minimum insurance coverage.
