6 Lessons
Introduction to Cargo Risk Management and Insurance
- Understand the difference between physical and financial risks to cargo, and be able to list several examples of each
type of risk - Identify four basic risk management steps that a shipper and/or their freight forwarder or other transportation
intermediary should always take to minimize cargo losses and damage - Identify and describe the basic characteristics and sections of a marine open cargo policy
4 Lessons
Import/Customs Broker Responsibilities & Transactions
- Explain the function and importance of an arrival notice
- Identify the various locations where customs clearance may be accomplished
- Name two things a customs broker does to initiate a customs clearance transaction
3 Lessons
Basics of U.S. Imports
- Qualifications to act as a U.S. importer
- Legal obligations of an importer
- Services included within the meaning of “customs business”
2 Lessons
Customs Broker’s Role in Supply Chain and Beyond
- Define the meaning of “informed compliance” under the U.S. Customs Modernization Act of 1993
- Explain the benefits a customs broker may achieve by networking with other brokers and forwarders around the world
- Describe the key factors that should encourage customs brokers to develop more consulting business with importers
5 Lessons
Basics of Air Cargo Transport
- Understanding the advantages and disadvantages of using airfreight
- Understanding which type of shipments justify air freight
- Time and cost comparisons for air freight
6 Lessons
Basics of US (FMC) Regulation of Ocean Cargo Transportation
- Key ways in which “OSRA 22” increased FMC regulation over shipping lines and ocean cargo terminals
- FMC requirements for NVOCCs to ship cargo through U.S. ports
- Adverse consequences that a forwarder found in violation of regulations may face, including FMC fines and sanctions
5 Lessons
Basics of Ocean Cargo Transport
- Benefits of containerization in shipping
- Types of intermodal containers and chassis
- Contemporary container ship itineraries
3 Lessons
Basics of Supply Chain Logistics and Security
- The meaning and importance of supply chain “visibility”
- Functions of supply chain management (SCM)
- The meaning of “third-party logistics” (“3PL”)
4 Lessons
Basics of Import-Export
- Reasons to export and import
- Essentials for an export-import transaction
- International “delivery terms”
5 Lessons
Cargo Transportation Math – Calculations Used in Cargo Transportation
- How to calculate container cube utilization
- Understand the significant difference between static and dynamic weights, and how this impacts transportation load planning
- Understand the difference between weight (mass) and density
