GLOBAX LOGISTICS
Customs And Insurance
EarthMail Express
Customs And Insurance
Customs Brokerage
Customs Brokerage
Licensed US Customs Brokers. Keeping our customers informed.
UPS Global Inc., a licensed US Customs Broker, can handle the customs clearance for all of your shipments and keep you informed of government changes, new regulations, and trade alerts.
Our well educated staff, strategically located in every major port and throughout the US and Canada, has expertise in local conditions, global updates, US regulations, tariff updates, and more. Armed with this knowledge, we are able to process your clearances smoothly and efficiently.
At UPS Global, we appreciate our customers’ need for properly handled customs formalities and comply with all laws and regulations governing the importation and exportation of goods. We also provide web tracking for US and Canadian imports, allowing our clients a bird’s eye view of their cargo from door to door.
UPS Global is proud to provide expertise in all Customs formalities including duty/tax estimates, import declarations, remote location filing, drawback, reconciliation, ISF filing, and more. Read more in the links provided below or signup for our newsletter to receive valuable updates.
Cargo Insurance
Cargo Insurance
Protect your company from financial exposure as a result of physical loss of or damage to cargo by purchasing our Cargo Insurance.
- All-risk insurance that includes war & strike risk cover ( ICC A terms )
- Full invoice value reimbursement ( plus freight and up to 10% profit )
- Specially designed cargo insurance that fits your needs. Cargo insurance can be either per shipment or per year
Why Cargo Insurance?
In international trade the liability of carriers (freight forwarders, airlines, shipping lines etc.) is limited by law. Compensation may therefore be considerably lower than your actual loss. Moreover, conventions are often further limited due to additional exclusions of liability.
In case a shipment is damaged or lost, the insured customer will be compensated for the full replacement value of the goods.
General Average/Refundable Cargo Insurance
What is General Average and why is it important to me?
General Average understanding, and why cargo insurance is so important
General average is an ocean marine, freight or land travel loss that occurs through a voluntary sacrifice of part of a vessel or cargo to safeguard the vessel or cargo from a common peril. If the sacrifice is successful, all parties contribute to the loss based on their cargo’s value.
If cargo is insured
The marine cargo insurer should be notified immediately. The insurance company will post the general average bond and guarantee to meet the cargo owner’s contribution and facilitate the release of cargo.
If cargo is not insured
The cargo will not be released until a guarantee has been returned and accepted, which must be in the form of a cash deposit, bank guarantee or bond. Mostly cash
Example of above scenario
General average claims require all cargo owners on a vessel to contribute to the loss. It is a shared event. Even if your cargo isn’t damaged, a contribution based on the total value of all of the ship’s cargo must still be made to get your cargo released.
Think about this: Each cargo owner must contribute 10 percent of the value of their cargo before their cargo can be released.
- Value of vessel: $60 million
- Value of cargo: $140 million
- Total value of voyage: $200 million
- Assume cargo loss and vessel repairs total $20 million.
- Therefore, $20 million out of $200 million or 10 percent of the voyage suffered a loss.
LAND TRANSPORT
Leverage agile frameworks to provide a robust synopsis for high level overviews. Iterative approaches to strategy.
SEA FREIGHT
Leverage agile frameworks to provide a robust synopsis for high level overviews. Iterative approaches to strategy.
AIR FREIGHT
Leverage agile frameworks to provide a robust synopsis for high level overviews. Iterative approaches to strategy.
LAND TRANSPORT
With our extensive fleet, daily departures all over Los Angeles, own strategically placed offices in United States with a strong network of European partners.
SEA FREIGHT
You have options when it comes to our sea freight services. We offer the solution you need when you need it most with the EarthMail Express Customer Choice Program.
AIR FREIGHT
With our extensive fleet, daily departures all over USA, own strategically placed offices in Los Angeles and European countries with a strong network of European partners.
LOGISTICS
We plan and execute your global logistics operations from warehousing to eCommerce Through substantial investments in warehouse and freight management systems .
INDUSTRY
We operate industrial facilities specially equipped for storing hazardous goods, tires, food ingredients and odd-sized equipment. Specific services for the industrial segment.
SOLUTIONS
To facilitate the more complex needs of our diverse client base, we have developed a strong Trade Services and Security group with the capabilities to identify solutions.
EarthMail Express
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