What Are Carnets and How Are They Used?
Originally walking slowly towards the customs authority, Ray suddenly quickened his pace. The reason behind his change of gait was a welcome thought. “That’s right, I don’t have to pay duty fees!” Acting almost like a “merchandise passport,” ATA carnets aren’t necessarily mainstream knowledge. We aim to change that in the following article. By the […]
What To Do When Export Detentions Negatively Affect Your Wallet
Scratching his head, Leon scanned the official looking document before him. One bolded word stood out. Detention. Can you relate? Free time has come and gone. Now you’re the recipient of export detentions which are costing you precious time and money. Understanding your dilemma, we want to offer you a way to earn a resolution. […]
Export Control Reform Act – Headaches to Come for Exporters
Export Control Reform Act – Headaches to Come for Exporters The Export Control Reform Act of 2018 (ECRA) was passed in June as part of the John McCain National Defense Authorization Act of 2018, along with other trade and FDI related regulations. While the ECRA has the word reform right in the title, exports and […]
Need to Know: Export Terms
Need to Know: Export Terms For folks new to exporting or even importing there will be a myriad of abbreviations which are important to know as you start exploring the export market. The international commercial terms (Incoterms for short) are the official rules of the International Chamber of Commerce that explain typical trade terms. These […]
Export Compliance – Where to Start?
Export Compliance – Where to Start? If your company is contemplating selling across borders or has already engaged with buyers overseas to export your product, you should take a careful review of any export compliance regulations that may apply to you. Often small and medium sized businesses ignore or are not aware of the various […]