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Incoterms CPT: Spotlight on Carriage Paid To

David Noah | July 27, 2016 | Export Basics, Incoterms

Incoterms are the official International Chamber of Commerce (ICC) rules for the explanation of trade terms. Incoterms are adhered to by all major trading nations of the world, and it is the authoritative text for determining how costs and risks are allocated to the parties conducting international transactions. They facilitate the conduct of international business by defining the responsibilities of the involved participants.

This is the fourth article in our series investigating the basic meaning of all 11 Incoterms. (Read about the first three Incoterms here: FCA, DAP, and DDP.) The Incoterm we’re discussing today is Carriage Paid To, also known as CPT.

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How to File through AESDirect via the ACE Portal (Video)

Lisa Nemer | July 26, 2016 | Shipping Solutions News & Tips

Shipping Solutions is the easy way to file through AESDirect via the ACE Portal.

Last week I published a video showing the data required for an AESDirect filing. This week's video walks you through how to log into ACE, upload your Electronic Export Information (EEI), and complete the steps to receive your ITN number.

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The Commercial Invoice Has 12 Essential Data Fields for NAFTA

Sue Senger | July 25, 2016 | NAFTA, Export Forms

Exporters often ask me what information to include on their export documents. In my next series of articles, I will address what documents are required for NAFTA countries along with some helpful hints to smooth the entry process into Canada and Mexico.

I’ll start this series with the commercial invoice.

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The Export Proforma Invoice: Validity, Acceptance and Price

Joseph A. Robinson | July 22, 2016 | Export Marketing

In a previous article, I outlined 15 steps an exporter should follow when responding to an international sales inquiry. These steps help ensure you respond with a sales proposal, quote or proforma invoice that will maximize your chance of a successful export transaction.

In this article, I discuss two of those steps in more depth.

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You Need an ACE Account Even If You Aren't Filing through AES

David Noah | July 20, 2016 | Automated Export System (AES), Export Compliance

If you are an exporter who submits their electronic export information through the Automated Export System (AES), you are well aware of the change that took place on May 1 this year when AES filing moved from the AESDirect legacy system to the Automated Commercial Environment (ACE) platform.

Although the required speed of the change caused consternation among many in the export community (including export software vendors like Shipping Solutions), the switch came off pretty much without a hitch. And I've gotten very positive feedback from our customers about the new ACE interface.

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Data Requirements for an AESDirect Filing (Video)

Lisa Nemer | July 19, 2016 | Shipping Solutions News & Tips

Shipping Solutions is the fast, easy way to complete your export paperwork and file your Electronic Export Information (EEI) through AESDirect.

A successful AESDirect filing requires certain data elements. Watch the video below for step-by-step instructions on the data required for an AESDirect filing.

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Getting Paid for Your Exports: Payment Options for International Transactions

Catherine J. Petersen | July 19, 2016 | Export Finance, Letters of Credit

As an exporter, you focus on selling your goods and getting paid for those sales. How you structure those sales, and the payment option you choose, can help increase the liklihood of both.

You and your customer will assess many factors as you negotiate the payment term that will be used for your export transaction. They include, but are not limited to:

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Global Warranty Management: Do You Have a Process in Place?

Prema Nakra | July 15, 2016 | Export Marketing, Export Strategies

Product warranty, despite its somewhat pedestrian mantel in the eyes of too many marketers, plays an increasingly significant role in both consumer and commercial transactions. It's  just as important for the customers in your home country as it is for all those in the countries where you market your products directly or indirectly.

Strategically designing product warranty services is important even if you know your product is reliable and seldom fails. Global warranty management is important for both technologically sophisticated products as well as non-technical products. Warranties are a signal of quality and they serve as elements of marketing strategies.

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What Is a U.S. Authorized Agent?

David Noah | July 13, 2016 | Export Basics

In the who’s who of exporting, U.S. Authorized Agents don’t often make it to the top of the list. Even on our own blog, we haven’t given them the personalized treatment the U.S. Principal Party in Interest (USPPI) and the Foreign Principal Party in Interest (FPPI) receive.

Today, that changes. While their role is perhaps more straightforward than others, they are no less important. Here’s why.

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Learning the Essentials of U.S. Export Controls

Arnesh Roy | July 12, 2016 | Export Compliance

As I mentioned in my last blog post, I’m chronicling my journey learning export documentation and compliance in my new role as Customer Satisfaction Specialist at Shipping Solutions. As part of that journey, I recently attended the Essentials of U.S. Export Controls seminar, cosponsored by the Minnesota Trade Office and the United States Department of Commerce, Bureau of Industry and Security (BIS).

I had trouble finding the place, so I was a bit late. Luckily, the team running the seminar was helpful, and I was soon able to check in, grab a nametag, and take a seat.

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