Jeffrey Havelaar

As of January 1st of 2021, the United Kingdom has left the European Union and is now a third country. This means that it is no longer possible to ship goods from the European Union to the United Kingdom with just a CMR.

If we compare the customs brokerage industry with the financial industry, it is behind when it comes to digital transformation. Our industry is a very traditional one.

Since January the Incoterms 2020 are in effect. Every ten years these Incoterms are updated. You can read more about the most important changes compared to Incoterms 2010 in one of our earlier blogs in the Incoterms series. The Incoterm in this blog is one of the Incoterms specifically for transport over water: Cost and Freight (CFR).

When goods are bought or sold “Free on Board” (FOB) it means that the seller delivers the goods to a ship at a port previously agreed to by the seller and the buyer. The seller loads the goods onto the ship. The buyer then takes care of the import formalities and transportation to the final destination. Free on Board is one of the oldest Incoterms. It dates back to when goods were carried by sailing ships and it was one of the terms when the Incoterms were first released in 1936. It is also one of the most used commercial terms.

The whole world is affected by the coronavirus pandemic. This means that the demand for medical supplies has been higher than ever before. At the same time, global supply chains are being hampered by restrictions in air freight and ocean freight capacity due to grounded planes and blanked sailings.

Do you need extra expertise in the field of Customs during this hectic period? The specialists of Customs Support are here to help!

Customs Authorities require you to categorise your products with an HS-code(s). Learn more below: