Getting to know important terms about overseas container shipping

It’s no secret that the moving industry has their own common terms to describe overseas container shipping. But if you know what those terms are and learn about the differences of each one, it will provide you with important knowledge when you decide to move overseas, so you are aware of any potential additional charges when moving. Some of the terminology can get quite confusing at times if you don’t know the meanings of container shipping and charges that come with it.

I’ll provide you with important key terms and to clarify each of them so that you will be better suited to know about container shipping and especially when you are talking to your moving representative or agent about your personal belongings or other shipping items headed out of the country.

Let’s begin with container demurrage and container detention. Both are uniquely different but can be confusing at times. The term demurrage relates to cargo while the cargo is in the container. Detention is when your possessions or general equipment (cargo) is empty and out of the container after unpacking or before packing.

Container demurrage is referred to when the container with a payload has either been offloaded from a vessel, also known as import or waiting to be loaded onto a vessel, known as an export. An import container can’t be shipped out until U.S. Customs officially releases it or decides to exam the container or schedules it for an inspection. If Customs decides to do this, it can impact the delay of the shipment and accrue demurrage charges if it’s not picked up in time. An export container doesn’t usually incur demurrage charges due to the return date and port dates are for the most part, extremely narrow. But if an export container does sustain demurrage fees, it’s due to a shipper or exporter deciding to delay a container or U.S. Customs chooses to exam or inspect the shipment.

Container detention is when the container is offloaded or discharged from the port with or without a payload, and is in possession of a drayage company that will then ship your possessions to an importer’s or exporter’s facilities before it is shipped to you. Detention just means that it’s in a facility being prepared to get the shipment out to you from when it was in the port or other locations.

Other terms include demurrage charges which varies from port-to-port and increases over time depending upon the length of time the container is at the port. Please know that demurrage charges must be paid to the ocean carrier before the container can be released. Keep in mind that ports set their own port free time which means no charges will be applied while the container is at their port (ports free time days vary). If free time days are exceeded, demurrage charges will apply. In addition, ocean carriers allow drayage companies to have containers in a facility for a set number of days at no charge which is referred to as container free time.

When moving a container on the road, you need a chassis rental for a truck to move the container. When a chassis has been provided, the owner of the chassis, whether an ocean liner or port operator, will charge a daily chassis rental charge which varies depending upon the location.

These are just some of the terms used in overseas container shipping. By getting to know these terms and shipping overall (please visit www.rainieros.com to learn more), it will prevent very little surprises if some fees are charged due to delays out of the control of your shipping representative or agent who are trying to manage and limit your fees as much as possible!

The ultimate guide for moving to the UK from the USA

Making the move to a new country is never simple and with the continued rise of people throughout the world relocating overseas the demand for information on the procedure involved has only increased. As we are constantly scouring the Internet for valuable content for our customers, it was with great joy that we came across the well-known wikiHow web site and read what we have so far considered to be the absolute definitive guide on the process of moving to the UK from the USA.

The article is an incredibly easy to read and understand twelve step guide for Americans who are moving to England and covers everything from the difference between the names England and UK, issues specifically related to U.S. citizens seeking employment, challenges for moving your pets and, seemingly, every other important issue that can be thought of.

As an added bonus, after the twelve steps the article gives a thorough list of very practical tips (e.g. Don’t insult their cars…) and warnings (e.g. Don’t fake an accent trying to fit in….) that can be useful right away and also gives some great links to other resources such as finding the best flights to the UK, where to find great local entertainment, how to pack for the move and more.

While the process of making an International move seems to get more and more complicated, reading this piece on relocating to the United Kingdom from the USA will make potential movers comfortable in the fact that there are genuine, helpful and easy to understand resources out there that will break down the procedure into simple terms and will let the novices out there get a better understanding of what the process entails.

Contact Rainier Overseas Movers today for a free quote and join the ever growing list of people that we have helped move to the UK from the USA.

Will big businesses continue moving to the UK from the USA?

In January, when Aon Corp. made the major announcement that their corporate headquarters would be moving to the UK from the USA, their statement said: “The move provides greater access to emerging markets and takes better advantage of the strategic proximity to Lloyd’s and the London market as one of the key international hubs of insurance and risk brokerage.” However, as 2012 has passed by there are people speculating that, in truth, the move was to avoid paying the almost 40% corporate tax rate (the highest in the world) that the USA requires.

Such speculation has intensified as two other corporate powerhouses have declared their intentions to relocate from the USA as well: electrical equipment maker Eaton Corporation is planning on finishing off a merger that would land it in Ireland instead of Ohio and Pentair, the water technology company, recently made the move from Minneapolis to Switzerland.

While there are other reasons being listed for the moves of these companies, tax laws seem to be the common thread in all three cases and experts have pretty much universally agreed that this was the overriding motivation for relocation in each occurrence.

The question now becomes whether this trend, disturbing as it might be to the US financial community, will persist. There continues to be calls to reform the tax codes of America and, without doing so, many professionals believe that this trend will indeed keep up and that major corporations will pursue the possibility of fleeing America for the potential to save up to several million dollars in taxes by relocating to places such as the UK. As the United States Presidential election draws upon us and the economy continues to be one of the biggest concerns (if not the biggest) among voters, the pressure will only be turned up on decision makers to lower these corporate tax requirements by at least 15% and to make the final amounts more competitive with the rest of the world.

It would appear that, as the pundits have suspected, whichever Presidential candidate chooses to embrace the potential of tax reform stands to get a very big leg up on the coming race.

Rainier Overseas Movers has helped countless people move to the UK from the USA. Contact us for a free quote today.