On: September 22, 2021 By: David Noah
U.S. exporters need to identify the correct 10-digit Schedule B codes for their products as part of their export compliance responsibilities. The Schedule B search engine can help. Don't ignore this important step, because using the wrong code may result in fines and other penalties.
On: September 15, 2021 By: David Noah
Under the Incoterms 2020 rules, Free On Board (FOB) means the seller has fulfilled its obligation when the goods are loaded on the vessel nominated by the buyer. This term should only be used for sea and inland waterway transport and usually only for non-containerized bulk cargo, such as oil or grain.
On: August 11, 2021 By: David Noah
The export declaration form, also known as the Shipper’s Export Declaration or SED, needs to be avoided. It's an obsolete export document that doesn't include all the information required for filing through AESDirect, and it leaves you vulnerable to errors. Here’s what to do instead.
On: August 4, 2021 By: David Noah
Under the Incoterms 2020 rules, Free Alongside Ship (FAS) means the seller has fulfilled its obligation when the goods are made available alongside the ship. This term should only be used for sea and inland waterway transport and usually only for non-containerized bulk cargo, such as oil or grain.
On: July 28, 2021 By: David Noah
Do you really need a trade compliance certification to be a professional exporter? I share my thoughts—and six other aspects of export compliance that companies should instead (or also) consider.
On: July 14, 2021 By: David Noah
This last year made clear that exporters need to reexamine their handling of inventory and warehousing. In this article, I’ll discuss the differences between using freight forwarders and third-party logistics (3PL) companies for these jobs, and how to identify the right partner for your needs.
On: April 21, 2021 By: David Noah
International trade compliance includes the rules, regulations and best practices for importing and exporting. We look at why it matters, how to set up an effective trade compliance program and ways to simplify what can be a complicated process—without sacrificing accuracy or compliance.
On: March 22, 2021 By: David Noah
Intellectual property (IP) theft of patents and trademarks costs U.S. exporters more than $600 billion a year, and that number is on the rise. You need to understand these 10 common terms to manage this critical and challenging aspect of international trade.
On: March 17, 2021 By: David Noah
Once you've determined that a letter of credit is the best way to get paid for your export, you not only need to properly prepare the letter of credit. A mistake during any part of the process means not getting paid on time! Avoid these seven common mistakes that exporters make.
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