On: July 13, 2022 By: David Noah
Exporters and importers are sometimes confused about the differences between the Incoterms 2020 rules FOB and CIF. Who is responsible for paying for what during the international journey? When does risk transfer from the seller to the buyer? We explain the differences.
On: June 29, 2022 By: Dr. Cheryl McCloud
Supply chain risk management is a way for companies to plan for and prepare to react to supply chain disruptions. Many disruptions companies face are out of their control—weather, global conflict, decisions made by third-party partners—but by anticipating disruptions and being prepared to react, companies can minimize the financial toll.
On: June 20, 2022 By: Kari Crane
These 23 facts about U.S. trade describe the challenges and opportunities exporters faced last year. They explain, in real numbers, the state of international trade and are worth keeping in mind as you plan your strategy through 2022 beyond.
On: April 11, 2022 By: David Noah
Passages are an opportunity to move forward, improve our knowledge and prepare for what's next. That's why we've renamed our blog Passages: The International Trade Blog. We want the name to reflect how our blog helps people find answers, improve understanding and advance their careers.
On: March 21, 2022 By: David Noah
Under the Incoterms 2020 rules, DPU means the seller is responsible for clearing the goods for export and bears all risks and costs associated with delivering the goods and unloading them at the named port or place of destination. The buyer is responsible for clearing them for import.
On: March 16, 2022 By: David Noah
N.E.S., or not elsewhere specified, is an important term to understand when determining the proper Export Commodity Control Number (ECCN) classification of your products for export compliance. Find out what it means and how it plays a role in the classification process.
On: March 9, 2022 By: Alberto Rodriguez-Baez
Your success as an exporter is closely tied to the success of your international distributors. We share five tips to ensure you choose the right partners. And if you're overwhelmed by the process, don't worry: Tip #1 highlights a plethora of organizations ready to help in your journey as an exporter.
On: February 28, 2022 By: Joseph A. Robinson
Trade missions are prearranged working trips conducted by organizations set up to serve the interest of exporters, such as the U.S. Department of Commerce, various state trade offices, chambers of commerce and industry associations. Here's why they're a good investment for your company.
On: February 16, 2022 By: David Noah
Small- and medium-sized companies often find it difficult to get bank loans to finance their exports. That's why several U.S. government agencies offer loan programs to provide the capital needed to finance export expansion efforts, acquire raw materials and provide export credit insurance.
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