This article is about import/export tariffs. For other uses, see custom.

A customs duty is a tariff or tax on the import or export of goods. In England, customs duties were traditionally part of the customary revenue of the king, and therefore did not need parliamentary consent to be levied, unlike excise duties, land tax, or other impositions.

Customs is an authority or agency in a country responsible for collecting customs duties and for controlling the flow of people, animals and goods (including personal effects and hazardous items) in and out of the country. Depending on local legislation and regulations, the import or export of some goods may be restricted or forbidden, and the customs agency enforces these rules. The customs agency may be different from the immigration authority, which monitors persons who leave or enter the country, checking for appropriate documentation, apprehending people wanted by international search warrants, and impeding the entry of others deemed dangerous to the country.

More on [ Customs (tax) ]

Forbes.com: Logistics News

Dry Bulk Drowns
Ruthie Ackerman Fri, 05 Sep 2008 10:50:00 -0000
Dry bulk shippers get hit by the rising dollar and falling commodities, but analysts foresee a pickup by the fourth quarter, as the macroeconomic environment improves.
Dry Bulk Hits Troubled Waters
Ruthie Ackerman Thu, 04 Sep 2008 23:10:00 -0000
The dry bulk shippers feel the pinch from the rising dollar and falling commodities.
The Trash King Of New Orleans
Rebecca Ruiz Wed, 03 Sep 2008 10:00:00 -0000
When hurricanes hit the city, Sidney Torres IV cleans up.

BBC News | Business | World Edition

US takes over key mortgage firms
Sun, 07 Sep 2008 15:49:15 -0000
The US government announces plans for the takeover of failing mortgage giants Freddie Mac and Fannie Mae.
US Boeing workers strike over pay
Sun, 07 Sep 2008 10:02:52 -0000
Workers at the world's biggest aircraft manufacturer, Boeing, go on strike in the US.
US rules out new economic package
Fri, 05 Sep 2008 23:19:26 -0000
White House says it does not see need for new measures to stimulate economy despite sharp rise in unemployment.

NYT > World Business

Now Europeans Are Slower to Spend, and It Shows
Sat, 06 Sep 2008 05:23:19 -0000
For the first time in more than a decade, consumers in much of Europe are buying less than they did a year earlier, helping to slow economies that may have fallen into recession.
U.S. Rescue Seen at Hand for 2 Mortgage Giants
Sat, 06 Sep 2008 17:08:01 -0000
The plan would replace the leaders of Fannie Mae and Freddie Mac and virtually wipe out their shareholders but allow them to continue to function uninterrupted.
Big Summer Sell-Off Hits the Russian Stock Market
Sat, 06 Sep 2008 05:21:00 -0000
Russia’s stock market is suffering its worst correction in nearly a decade as sliding oil prices, political attacks on private companies and instability after last month’s war in Georgia spook investors.

washingtonpost.com -

Auto industry to press Congress for $50B in loans
AP Sun, 07 Sep 2008 09:58:29 -0400
WASHINGTON -- Auto industry allies hope to secure up to $50 billion in government loans this month that would pay to modernize plants and help struggling car makers build more fuel-efficient vehicles.
Boeing machinists walk off the job as talks fail
Reuters Sun, 07 Sep 2008 04:54:17 -0400
NEW YORK/EVERETT, Washington (Reuters) - Boeing Co's (BA.N) 27,000-strong machinists' union walked off the job on Saturday after the plane maker failed to improve its contract offer following two days of emergency talks.
AirAsia takes risks with expansion amid downturn
AP Sun, 07 Sep 2008 03:32:12 -0400
KUALA LUMPUR, Malaysia -- AirAsia, the region's biggest budget carrier, is making a risky bet.
Boeing Machinists Strike After Failed Negotiations
Manuel Valdes Sun, 07 Sep 2008 00:00:00 -0400
EVERETT, Wash., Sept. 6 -- Boeing machinists walked out on strike Saturday after contract talks arbitrated by a federal mediator failed to produce an agreement.
Give Carmakers a Little Respect -- and a Loan
Warren Brown Sun, 07 Sep 2008 00:00:00 -0400
CORNWALL, N.Y.
Talks fail; machinists strike Boeing Co.
AP Sat, 06 Sep 2008 21:01:23 -0400
EVERETT, Wash. -- Striking Boeing Co. production workers hunkered down Saturday for what could be along, bruising battle with costly repercussions for both sides.

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