Air & Ocean Export
Many companies look to increase revenues by exporting their goods to foreign countries. For these companies and others, export compliance should be considered essential when venturing into global commerce. Penalties for export violations can be devastating to a company’s bottom line. Companies are regularly fined upwards of $100,000 and are expected to pay the fine within 30 days of notice. Elevated security concerns, complex document requirements, ever changing regulations, combined with expensive penalties for violations make working with a seasoned third party logistics provider (3PL) more beneficial than ever.
Deringer’s air and ocean export services include:
- International air freight, sea freight, and intermodal freight forwarding services for shipments of all sizes.
- Competitive and prompt rate quotes.
- Cargo insurance program tailored to your goods and specific needs
- Strong, long standing, network of agents throughout the world.
- Assistance with ensuring companies meet their responsibilities relative to foreign country requirements, licensing, and commodity classification.
- Preparation and review of complex documents for accuracy and regulatory compliance.
- Assistance with letters of credit arrangements to ensure compliance.
Key benefits include:
- Controlling export transactions allows companies to avoid delayed shipments, excessive freight & handling costs, and adds confidence that your goods comply with U.S. Export Administration Regulations (EAR) and U.S. Customs and Border Protection (CBP). When the overseas buyer controls the freight, the buyer’s forwarder is working on their behalf, not yours. It is important to understand Incoterms and how they affect the seller’s responsibility.
- Dedicated Deringer air and ocean export resources monitor rapidly changing government regulations, embargoes, sanctions, and restricted parties.
- Certified member of U.S. Customs and Border Protection’s Automated Export System (AES). This allows Deringer to electronically file Electronic Export Information (EEI) and ocean manifest information directly to U.S. Customs. It is designed to assure compliance with and enforcement of laws relating to exporting, improve trade statistics, and reduce duplicate reporting to multiple agencies.
A.N. Deringer, Inc. is a Federal Maritime Commission (FMC) licensed Ocean Transportation Intermediary (OTI), Non-Vessel Operating Common Carrier (NVOCC)*, and International Air Transport Association (IATA) licensed cargo agent for major airlines.
*The following offices hold NVOCC and freight forwarder bonds: Alexandria Bay, Atlanta, Blaine, Boston, Buffalo, Champlain, Chicago, Cincinnati, Detroit, Duluth, Hartford, Highgate, Houston, Los Angeles, New York, and Seattle.