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Donna Cook

Getting Ready for ACE

The business of importing and exporting with the United States reaches a milestone at the end of 2016 when the Automated Commercial Environment (ACE) is to be fully implemented. U.S. Customs and Border Protection (CBP) is to be commended for fulfilling the ambitious scope of ACE. By eliminating paper filings and giving parties the much-anticipated […]

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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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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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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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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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