On: November 29, 2021 By: David Noah
There are definite advantages and disadvantages for companies to consider before exporting their goods and services. But for many companies, exporting is a viable option for growing their business and increasing their sales. After all, more than 95% of the world’s population live outside of the U.S.!
On: November 3, 2021 By: David Noah
Importers and exporters must properly identify and label the country of origin of their goods. It's used by customs authorities to identify duty rates, preferential trade agreements, trade sanctions and import quotas that may apply. Labels on goods also allow users to know their origin.
On: October 18, 2021 By: David Noah
Thanks to the Dominican Republic-Central America Free Trade Agreement, you may not have to pay tariffs on your goods if you are exporting to one of six partner countries. We look at how the CAFTA-DR has impacted trade in this region and how to know if your goods qualify under the FTA.
On: October 6, 2021 By: David Noah
Under the Incoterms 2020 rules, CFR means the seller has fulfilled its obligation when the goods are delivered and loaded on the vessel they’ve nominated at the named port of shipment. CFR is best used in situations where sellers have direct access to the vessel for loading.
On: September 22, 2021 By: David Noah
U.S. exporters need to identify the correct 10-digit Schedule B codes for their products as part of their export compliance responsibilities. The Schedule B search engine can help. Don't ignore this important step, because using the wrong code may result in fines and other penalties.
On: August 11, 2021 By: David Noah
The export declaration form, also known as the Shipper’s Export Declaration or SED, needs to be avoided. It's an obsolete export document that doesn't include all the information required for filing through AESDirect, and it leaves you vulnerable to errors. Here’s what to do instead.
On: August 4, 2021 By: David Noah
Under the Incoterms 2020 rules, Free Alongside Ship (FAS) means the seller has fulfilled its obligation when the goods are made available alongside the ship. This term should only be used for sea and inland waterway transport and usually only for non-containerized bulk cargo, such as oil or grain.
On: July 28, 2021 By: David Noah
Do you really need a trade compliance certification to be a professional exporter? I share my thoughts—and six other aspects of export compliance that companies should instead (or also) consider.
On: July 14, 2021 By: David Noah
This last year made clear that exporters need to reexamine their handling of inventory and warehousing. In this article, I’ll discuss the differences between using freight forwarders and third-party logistics (3PL) companies for these jobs, and how to identify the right partner for your needs.
Be among the first to know every time a new article has been posted. It is absolutely free!
Join the 33,143 other exporters and importers who get the latest news, tips and insights from international trade professionals.
