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Preston Charles

Communication Insights Boost Shipper-Supplier Relationships

Shippers who acknowledge that they have the power to enable their own supplier base to satisfy their needs as well as their customers’ are on the right track. In particular, North American importers would be well served to emphasize stronger communication practices with Asian exporters to boost supply chain efficiency. Stronger communications go beyond monitoring […]

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James Min

Customs Compliance: Small Mistakes Can Lead to Big Problems

Diverse, evolving global trade regulations require companies to implement systems and procedures that ensure strict adherence. Large businesses have in-house compliance staff, but those responsibilities might hold a more vague spot in small enterprises. With stiff penalties at stake—penalties that could put some organizations out of business—small companies must take an aggressive stance on compliance. […]

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Delivering Reliability in a Challenging Market

Delivering Reliability in a Challenging Market

THE CUSTOMER: This global shipper is a leader in frozen and refrigerated (reefer) food products and logistics marketing. They work with supplier partners and customers in more than 140 countries on six continents. They’re one of Maersk Line North America’s top five refrigerated export customers. THE PARTNER: Maersk Line, Florham Park, NJ Founded in 1904, […]

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Incoterms® 2010: Speaking the Same Language

Incoterms® 2010: Speaking the Same Language

Incoterms 2010 rules are 11 terms of shipment and delivery used in business-to-business purchase contracts and tangible portable goods sales. The rules were developed by the International Chamber of Commerce, a Paris-based organization providing trade-related rules and services through its worldwide network of affiliates. Since their inception in 1936, Incoterms have received worldwide acceptance. They […]

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Christopher Springer

Are You Ready to ACE It?

On Feb. 19, 2014, President Obama signed an Executive Order intended to streamline the export/import process. It establishes December 2016 as the completion date for the International Trade Data System (ITDS), which will allow businesses to transmit, through an electronic "single-window," all the data required to import or export goods. The Automated Commercial Environment (ACE) […]

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Jim Preuninger

What Midmarket Companies Need to Know About Trade Compliance

Q: What is the status of midmarket companies in the global trade arena? A: Global trade has become increasingly attractive to the midmarket—defined as companies with revenues between $5 million and $1 billion—because of lower sourcing and production costs in some developing countries, as well as rising consumption in some overseas markets. Between 2012 and […]

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Matt Goodman

Preparing for New Trade Regulations

Major trade regulation changes are affecting the global supply chain, unprecedented in both number and magnitude. Although the changes impact some industries more than others, every company that imports into, or exports from, the United States or Canada will be affected. The majority of the regulations require new licensing, while others mandate significant software updates. […]

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Global Logistics—April 2014

Global Logistics—April 2014

U.S. Creates ‘Single Window’ for Import/Export Data Transmission The U.S. government has always been light years behind the private sector in technology innovation and implementation. So President Barack Obama’s executive order to streamline U.S. import and export documentation shines a ray of light on the trade community as the government emerges from the Dark Ages […]

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Alan Tonelson

To Rebuild America’s Economy, Keep Products at Home

Despite anecdotal evidence of a comeback brewing in domestic industry, wide-ranging new data repeatedly point to major—even mounting—manufacturing woes, including flatlining growth and record trade deficits. More importantly, advanced domestic manufacturing keeps failing a crucial competitive test: holding onto markets in its own enormous American backyard. Imports continue to gain at the expense of U.S. […]

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Complying with Export Regulations and Requirements

Companies seeking to expand their markets by selling products overseas can easily become confused and overwhelmed by export regulations and filing requirements. Scott Byrnes, vice president of marketing for East Rutherford, N.J.-based global trade management solutions provider Amber Road, offers these tips for managing export compliance. 1. Gain support from the top. An organization must […]

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Daniel Griswold

Getting in the Zone: FTZs Fuel Improved Logistics

For decades, America’s foreign trade zones (FTZs) have provided a valuable platform for U.S. companies competing in global export markets. The FTZ program was established in 1934 to expedite and encourage foreign commerce. The nation’s 500 zones and subzones are secured areas, often near or adjacent to U.S. ports of entry, and are considered outside […]

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