QUESTIONS?
David Noah
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March 30, 2020
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Export Basics
One of the more common questions we hear from new exporters is, “What are these fees on my freight forwarder's invoice?”
We spoke to Tom Hullinger, regional vice president at Global Distribution and Logistics, a freight forwarder based out of Chicago, to find out what charges—common and non-standard—you can expect to see when you get your freight forwarder pricing list.
David Noah
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March 25, 2020
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Export Basics
We recently received an email from one of our customers informing us they are considered an essential service and hoping we are available to meet their needs to help keep their business running. Although most of our staff are working from home, Shipping Solutions is still available to meet the needs of the international trade community.
If you need to reach us, an email is the most efficient way to communicate. We are still answering our phone if you prefer to call. However, you may be more likely to get a voice mail message than you normally would. Don't worry, we will get back to you in a timely manner.
Here is a breakdown of the services we continue to provide.
David Noah
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March 2, 2020
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Import Basics,
Export Basics
May is fast approaching, which means World Trade Month 2020 is almost here! A number of government, private and public organizations are hosting events celebrating the importance of international trade to the U.S. economy and educating people how to begin and grow their exports.
The World Trade Month Association publishes a list of these events organized by date, location and topic to make it easy to find events in your area or available online. Register now for free email updates of these events.
David Noah
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February 12, 2020
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Export Basics,
Export Forms
Since Shipping Solutions unveiled its online portal for generating electronic Certificates of Origin (eCO) in April 2019, almost a thousand U.S. exporters have registered for free for the service and successfully generated hundreds of Certificates stamped by the American World Trade Chamber of Commerce (AWTCC). By utilizing the eCO portal, these companies have reduced the time and expense they’ve traditionally spent on creating their Certificates.
During the past several months as we’ve talked with users and prospective users of the eCO service, we’ve compiled a list of several frequently asked questions (FAQ) that we posed to Wendy Baggett, president of AWTCC, the Chamber that stamps the Certificates created through the portal:
David Noah
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February 5, 2020
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Export Basics,
Incoterms
Incoterms 2020 rules are the latest revision of international terms of trade published by the International Chamber of Commerce (ICC). They are recognized as the authoritative text for determining how costs and risks are allocated to parties conducting international transactions.
Incoterms 2020 rules outline whether the seller or the buyer is responsible for, and must assume the cost of, specific standard tasks that are part of the international transport of goods. In addition, they identify when the risk or liability of the goods transfer from the seller to the buyer.
In this article, we’re discussing the Incoterm CPT, also known as Carriage Paid To.
David Noah
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February 3, 2020
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Import Basics,
Export Basics
World Trade Month is scheduled for May 2020, and the WorldTradeMonth.com website is publishing a calendar of international-trade-related events scheduled to be held throughout the United States that month.
If your company or organization is hosting events during May 2020, simply complete the form located on the World Trade Month website to add it to the directory of events.
David Noah
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January 30, 2020
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Export Compliance,
Export Basics
Export compliance regulations don't just apply to the big guys. Even the smallest U.S. businesses that send their products to customers outside the country are subject to a variety of export regulations and could face substantial penalties for violating these rules.
Unfortunately for many small and medium-sized businesses, company personnel may not know these requirements until it's too late.
David Noah
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January 22, 2020
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Export Basics,
Incoterms
Incoterms 2020 rules are the latest revision of international terms of trade published by the International Chamber of Commerce (ICC). They are recognized as the authoritative text for determining how costs and risks are allocated to parties conducting international transactions.
Incoterms 2020 rules outline whether the seller or the buyer is responsible for, and must assume the cost of, specific standard tasks that are part of the international transport of goods. In addition, they identify when the risk or liability of the goods transfer from the seller to the buyer.
In this article, we’re discussing the Incoterm CIF, also known as Cost, Insurance and Freight.
David Noah
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January 15, 2020
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Automated Export System (AES),
Export Basics
“All squares are rectangles, but not all rectangles are squares.”
That idea really confounded me as a child learning geometry. How could one belong to another, yet the inverse not be true? As my teacher explained, the difference lies in specificity.
A similar concept applies in exporting: If you’re new to exporting, the difference between Harmonized System (HS) numbers and Schedule B codes may be vexing. You may be wondering, are they the same? Can they be used interchangeably? What’s the difference?
