Import Export Customs Compliance and Trade News

Trade and customs compliance and regulation news that affect import, export, transportation, logistics, and supply-chain industry and how you do business.
GTC Repost

Chaos is Good for 3PL Providers

3PLs
By Chris Dupin It’s a good time for 3PLs when capacity is tight and supply chains are speeding up. That’s 10 percent of global logistics costs, according to consultants Armstrong & Associates, and a leap from the $802 billion recorded in 2016.    Armstrong & Associates said in 2017, gross 3PL revenues in the United States increased 10.5 percent year-over-year to reach $184.3 billion and are expected to be close to $200 billion this year....
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GTC Repost

Chocolate Exporters by Country

CHOCOLATE EXPORT
Global sales from chocolate exports by country amounted to US$26.4 billion in 2016. Overall, the value of chocolate exports were up by an average 10.6% for all exporting countries since 2012 when chocolate shipments were valued at $23.9 billion. Year over year, the value of exported chocolate increased by 2.8% from 2012 to 2016. Among continents, European countries accounted for the highest dollar in chocolate exports during 2016 with shipments amounting to $19.3 billion or...
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Ketan M. Ganase

Predictability Through Incoterms

incoterms
Expanding your business beyond the borders and perceived safety of your own country may be a frightening prospect full of uncertainties, but in today’s global marketplace, it often is the only option available to stay competitive. The nature of cross-border business is such that a lot can be lost in (miss)translation. Parties to international transactions will often speak different languages, employ different trade practices, rely on divergent business customs or any other of the plethora...
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