Why we are Where we are Honestly, antidumping and countervailing duties (AD/CVD) sound more like terms from a dating app than cosponsors of the serious consequences they can bring to American industry. So, just what do these antiquated-sounding terms mean? Swipe right and we’ll take a look at their definitions; but first, let’s catch a…
Incoterms® – an abbreviation for International Commercial Terms – are the rules first issued by the International Chamber of Commerce in 1936 as a way of unifying the shipping practices and legal interpretations between those involved in global trade around the world. As international trade has grown over the decades, so have Incoterms® rules evolved to meet the needs of sellers and buyers. What Are Incoterms®? Incoterms® rules have…
The Customs and Border Protection (CBP) is a state’s body. Vested with the power and authority to issue custom legal rulings. It also deals with other legal decisions that relate to the importation of merchandise. The rulings enable the international trade community to understand how the CPB will treat a prospective carrier transaction or import….
Early morning wake up call, Brooks running shoes laced up, and hundreds, if not thousands (depending on your location) of running fanatics, donning colorful tutus and silly turkey outfits, all lined up for yet another 5K Turkey Trot. Meanwhile the kitchen is humming with activity as the non-running crowd begins preparations for the day’s feast….
Never is your supply chain as important as when you no longer have access to it. Even the smallest business realizes the impact of losing just one step of the chain. One weakness in a link can often mean a breakdown of the entire chain. These disruptions and delays can have a massive impact, potentially…
Are you looking to expand your current position in the import and export field? Maybe you are interested in starting a new career in this area. Becoming a custom broker can be very rewarding, challenging and will require constant learning. Becoming a licensed customs broker can open many doors for you for employment opportunities. However,…
How to Become an Exporter We are often asked where to begin the process of getting into the import export business. Most of our clients are either practicing trade compliance or are working for an existing company and not tasked with establishing a program. However, for those of you who are looking to start an…
Trade Compliance Training Compliance: noun /kəmˈplʌɪəns/ the action or fact of complying with a wish or command. the state or fact of according with or meeting rules or standards. “all imports are in compliance with regulations“ Synonyms: Obedience to, accordance with, observation of, adherence to, “the company’s compliance with international law” It sounds simple enough,…
The Customs and Border Protection (CBP) is a state’s body. Vested with the power and authority to issue custom legal rulings. It also deals with other legal decisions that relate to the importation of merchandizes. The rulings enable the international trade community to understand how the CPB will treat a prospective carrier transaction or import….
FARGO — Doors are starting to open for Door Stud. The firm, based at North Dakota State University’s Research and Technology Park, sells a unique dolly system that allows one or two people to quickly and safely move and install doors. Door Stud’s tool — on the market since April 2018 — is sold online…
The US is in a full-blown “trade war” with China. The possibility of tariffs on goods from Mexico, combined with other trade actions by the Trump administration, could send the entire US economy off the rails. The Federal Reserve is already looking at ways to prevent this disaster in the making. History teaches that global…
For all the talk of tension regarding U.S. Mexico relations, we remain close friends and neighbors with mutual interests, common challenges, and interdependent economies. For more than a century, U.S. and Mexican companies have worked together to drive investment, create jobs, and promote prosperity on both sides of the border. Trade with our neighbor to…
