On: June 8, 2020 By: Roy Becker
Many U.S. importers, exporters and bankers don't understand Incoterms 2020 rules that are the standard sales terms used in international trade. As I demonstrate in this article, the danger of incorrectly using terms like Ex Works (EXW) and Free on Board (FOB) can be considerable.
On: May 27, 2020 By: David Noah
It seems like it has been in the news forever: USMCA is replacing NAFTA. Well, it's finally happening. Beginning July 1, 2020, the United States, Mexico and Canada are implementing their new free trade agreement. And for many importers and exporters, it's more than just NAFTA version 2.0.
On: May 26, 2020 By: David Noah
Many of the Shipping Solutions export documentation and compliance software users first purchased the software as a short-term solution while they were implementing their ERP sytem. Here are six reasons our customers say they gave up on the ERP's export module and stuck with Shipping Solutions.
On: May 18, 2020 By: Joseph A. Robinson
It's not unusual for an international transaction to include a middle man or woman who brought the buyer and seller together. But once this connection is made, this middle person is at risk of being cut out of future deals. Here's what you can do to protect yourself.
On: April 27, 2020 By: David Noah
While using a Microsoft Word or other template for your export documents may seem easy, it can end up being a frustrating waste of time and money. Shipping Solutions export documentation software allows you to quickly and accurately create your export forms plus do so much more.
On: April 20, 2020 By: Arnesh Roy
Most exporters are familiar with the three primary export regulations: Export Administration Regulations (EAR), Foreign Trade Regulations (FTR), and International Traffic in Arms Regulations (ITAR). But there are dozens of other agencies that play a role in the export compliance process.
On: April 8, 2020 By: David Noah
Too often, U.S. companies involved in importing and exporting think only in terms of U.S. dollars. But doing so increases your risks while limiting your profitability. Here are four reasons you should explore currency exchange services to help protect your international transactions.
On: March 30, 2020 By: David Noah
A good freight forwarder is an important partner in your international supply chain. They help you move your goods to their final destination, and they offer a wealth of knowledge. But sometimes when their bill arrives, those additional fees and charges can be a bit confusing.
On: February 26, 2020 By: David Noah
The U.S. Foreign Trade Regulations identify the various parties in an export transaction including a U.S. Principal Party in Interest (USPPI) who may or may not be the same party as the exporter. It's important to understand the difference between the two and the responsibilities of both.
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