On: October 9, 2019 By: David Noah
The International Chamber of Commerce (ICC) has released the new Incoterms 2020 rules that identify the responsibilities of buyers and sellers for the delivery of goods in international trade. The terms also identify when the risk for those goods transfer from the seller to the buyer.
On: July 15, 2019 By: Tracy A. Smith
When properly applied, import-export trade compliance metrics drive process efficiencies, provide better visibility, and promote the efforts of the trade compliance group to the executive team and throughout the entire organization.
On: June 5, 2019 By: David Noah
Getting your goods through customs can be difficult if you don't know a country's import requirements. Requirements extend to shipping (hazmat, dangerous goods, routing, etc.), customs, and beyond. So how do you identify import country requirements for nearly 200 countries around the world?
On: March 4, 2019 By: Catherine J. Petersen
Keeping out the bugs has become the worldwide mantra for exporters and importers. There are more than 85 countries that have adopted the International Standards for Phytosanitary Measures No. 15 (ISPM 15) regulation for wood packaging since its inception in 2001. Here's how to comply.
On: February 25, 2019 By: Hank Selby
U.S. Customs and Border Protection requires that you declare the dutiable value of the goods for all your imports. However, the invoice does not always reflect this. Here are costs you may need to add or substract.
On: November 26, 2018 By: Catherine J. Petersen
In order to correctly import or export your products, you need to properly classify your goods.There are some great tools for you to use to help determine the correct classification. These will help you make decisions based on the General Rules of Interpretation of the Schedule B codes.
On: November 19, 2018 By: Becky DeStigter
In order to compete in global markets, companies must hone their export strategy to focus on those activities that will grow the most business. That may include doubling down on some of the things they're already doing. Here are strategies exporters can follow to grow their international business.
On: September 10, 2018 By: John Goodrich
We all know what a part is, so it comes as a surprise to some that the Harmonized Tariff Schedule (HTS) uses the word 'part' with a narrower and precise definition. What we call a part in industry is rarely what the HTS code refers to as a 'part' or 'parts thereof.' You need to know the difference.
On: August 13, 2018 By: John Goodrich
Classifying your products for importing and exporting requires expertise in the properties of your products and the government rules of interpretation. Properly classifying your products can save your company a significant amount of money while helping prevent trade compliance violations.
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