On: June 15, 2022 By: Richard Corson
One of the toughest challenges for small and medium-sized companies who want to pursue international expansion is getting the ultimate decision-maker at the company to make a long-term commitment to the endeavor. Consider these six points if you want your company to be successful in the global market.
On: June 1, 2022 By: David Noah
Successful exporters are able to coordinate a team of people within and outside their companies to ensure their goods reach their final destination on time, on budget, undamaged and without surprise. Here are four tips for managing an export team when one or more team members work remote.
On: April 25, 2022 By: David Noah
Many exporters and importers don't understand the differences between freight forwarders and customs brokers. While forwarders generally work on the export side of the transaction and brokers on the import side, their roles can and do sometimes overlap. Here's what you need to know about both.
On: April 20, 2022 By: David Noah
Under the Incoterms 2020 rules, DDP puts the maximum risk and responsibility on the seller. That includes export clearance, international delivery and unloading, import clearance, payment of duty and other fees, and final delivery. It's rarely the best term to use for the seller or buyer.
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 30, 2022 By: David Noah
Duty drawback is one of the least understood and most underutilized programs available to U.S. exporters. If they qualify, exporters can use the duty drawback program to reclaim up to 99% of the duties they paid on their imported goods.
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.
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