Are you looking to grow your export business in 2012? Believe it or not, you can find valuable market research, trade leads, and duty calculations all on one website, export.gov. The U.S. Commercial Service has a 60-minute video tutorial on how to access every information rich resource on export.gov. Highlights include: A market research library…
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As the new year begins to peek up over the horizon, many domestic shippers are struggling to come to terms with current trucking rates. According to industry experts, rates could go up by about 10 percent next year (Source: Journal of Commerce). So what’s going on here? What’s driving rates up and up, year after…
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More and more U.S. companies are using Foreign Trade Zones (FTZ) to better manage their global supply chain costs. Here are seven advantages that showcase FTZ as a competitive alternative to a domestic distribution center. 1. Duty Deferral. Duties are only paid when imported merchandise enters U.S. Customs territory. Goods may be held in an FTZ indefinitely and…
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There’s a new Lacey Act Declaration form for imported plants and plant products; and APHIS, the Animal & Plant Health Inspection Service, is doing its best to make sure importers are completing the form correctly. Since the new form (referred to as PPQ 505) is in a slightly different format than the previous version, APHIS…
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In March, we posted about a pending agreement between the Obama administration and the Mexican government to breathe new life into the cross-border trucking program that was cancelled in 2009. As of July 6, the U.S. and Mexican governments officially signed off on the agreement, establishing a new pilot program for authorized Mexican truckers to…
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Finding out that the government wants to do an end-use check on your export is a lot like finding out that you’re being audited by the IRS. Anxiety begins to take over. You may ask yourself, what did I do wrong? The reality of the situation is that you may have been selected at random,…
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Most foreign exporters don’t bat an eye when tasked with completing a commercial invoice. Some will tell you that they know their invoices well enough to fill them out in their sleep. Yet, an inaccurate or incomplete commercial invoice is one of the most common errors found during a U.S. Customs audit. In order to…
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One afternoon I get a phone call from a frantic export client who is desperate to meet with me. He’s just been informed by the Bureau of Industry and Security (BIS) that he’s being penalized $250,000 for failing to do proper export screening. He tells me that the Bureau has made a huge mistake. His…
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Whether you're listening to it while at the gym, in the car, or lounging by the pool, an ipod or mp3 player can be a wonderful little device to have on hand. Sure you can use it to listen to your favorite songs but what about podcasts? Podcasts are audio "episodes" or programs that you…
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Bob is a U.S. widget manufacturer looking to expand into new international markets. He sees great potential for selling his product in Peru. Being a savvy global business professional, Bob knows that the U.S. has a free trade agreement with Peru, which could eliminate some or all of his duty fees if his product qualifies.…
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