On: January 30, 2023 By: David Noah
When agreeing to a routed export transaction, an exporter faces several potential risks: the Electronic Export Information may be filed incorrectly or not at all; export compliance violations may occur; you can't choose the freight forwarder; and you may not know where your goods end up.
On: January 23, 2023 By: Kari Crane
New U.S. laws, tariffs, rising costs for shipping and overseas manufacturing, and the desire to have more control over the supply chain are some of the reasons more companies have already started—or are considering—reshoring or nearshoring the production of their products.
On: January 18, 2023 By: David Noah
While it may seem easy to become an exporter, U.S. companies need to follow a variety of regulations published by a myriad of different government agencies. Here is a summary of the various government agencies that have jurisdiction over the export process.
On: January 16, 2023 By: David Noah
The Destination Control Statement is a legal statement required on your export invoice under the Export Administration Regulations (EAR) and the International Traffic in Arms Regulations (ITAR). It clarifies what happens to shipments, essentially stating that the buyer isn’t going to take the goods and forward them to another country.
On: January 11, 2023 By: David Noah
The International Traffic in Arms Regulations (ITAR) control the export of military articles, services and technologies in order to protect U.S. national security. Because ITAR deals with our most sensitive information, it is more restrictive than regulations covering non-military exports.
On: January 9, 2023 By: Kari Crane
There are strict rules and regulations that must be followed around documentation when shipping hazardous materials overseas, in both the U.S. and the destination country. Learn how Diamon-Fusion International uses Shipping Solutions to simplify this process and stay compliant.
On: January 4, 2023 By: David Noah
While it’s not a legal requirement to run restricted party screening checks on all your exports, it's a violation of regulations to do business with people or organizations on any of the lists. Manually checking all those lists is hard. Using software to check all the lists at once is easy.
On: January 2, 2023 By: David Noah
While no one can predict exactly what the next year holds, we’ve compiled some data and made observations about some of the top challenges facing international trade in 2023—and some tips on how small and midsize exporters can still be successful.
On: December 14, 2022 By: David Noah
A customs broker serves as liaison between an importer and customs, helping to enter goods into the country of import. Companies pay brokers to know the proper entry procedures, admissibility requirements, classification, valuation, and duty rates, taxes and fees for imported merchandise.
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