Trade Advisory

The International Trade landscape is changing faster than ever before.

In order to support our global logistics clients, Crane Worldwide Logistics has developed a trade advisory program to deliver expert international trade and compliance information when you need it the most.

This valuable ensures our logistics clients are well informed to continue their imports and exports globally with minimal disruption to their global supply chain. 

The trade advisory team consists of consultants, managers and analysts that have extensive experience in both import and export as well as international trade compliance including Licensed Customs Brokers (LCB), Certified Customs Specialists (CCS), Certified Export Specialists (CES) and Certified US Export Compliance Officer (CUSECO).

Tariff Impact Assessment & Compliance Advisory

• Commodity category spend is identified as it relates to changes in the tariff (Domestic and retaliatory tariffs)
• Country sourcing recommendations client based on proprietary methodology  
• Assist in developing your company’s proactive global procurement strategy  
• Mediation services to renegotiate contract pricing rates with foreign vendors  
• Our consulting team provides sourcing strategy advice based on global tariff sourcing

Foreign Trade Zone (FTZ) Strategy & Implementation

• Deferring, reducing or eliminating duties and inventory taxes
• Freezing additional tariff increases
• Optimizing cash flow
• Indefinite storage 

Tariff Engineering 

• Strategic design, manufacturing, or alteration of a product to ensure it falls under a lower tariff classification, thereby reducing import duties

First Sale - Customs Value based on first price paid

• US importers are allowed to base the customs value on the first price paid in a series of transactions as opposed to the last sale price before the goods enter the U.S.
• Multiple sales of the goods before the goods reach the US
• Earlier sale must be a bona fide sale for export to the United States

Duty Drawback

• U.S. Customs refund of duties and fees previously paid on imported goods at time of customs entry
• This refund is available when the imported goods are subsequently exported or destroyed 
• Claims must be filed within 5 years from the date of importation of the good
• The goods must be exported or destroyed within 5 years from the date of importation

Free Trade Agreement (FTA) 

• Specific rules of origin 
• Regional content rules 
• De Minimis Rule, where applicable
• Country of Origin certification 
• Substantial transformation analysis

Supply Chain Risk Assessment & Resilience Planning

• Conduct comprehensive audit to map out vulnerabilities, including supplier dependencies, logistics bottlenecks, and tariff risks
• We provide alternative sourcing, routing, and inventory strategies to minimize exposure to future tariff escalations
• Develop a resilience plant geared future-proof global supply chains, ensuring business continuity, cost stability, and competitive advantage in uncertain trade environments

Check out the latest information on International Trade via our Trade Advisory Notices

Want to use our Trade Advisory expertise to support your business?

Crane Worldwide Logistics trade advisory consultants can deliver a number of different seminars according to your requirements including: 

Importing 101 / Exporting 101, Principles of the Harmonized Tariff Schedule, Free Trade Agreements,  Incoterms 2020, Foreign Trade Zones, Barriers to Trade, Principles of US Classification and Country of Origin, Importation and Process Control, International Traffic in Arms Regulations (Military Exports & Imports), Export Administration Regulations (Civilian & Dual-Use Exports), Principles of U.S. Valuation and Process Control. 

Customized training and seminars can be delivered at a client's request.