Articles

Import

Jeff Broadhurst

Panama Canal Expansion to Spur East Coast Shipping Boom

After nearly 10 years and $5.4 billion, worldwide shipping is in for a major shakeup. With the nearly triple-the-size expansion of the Panama Canal completed in late June 2016, a vastly increased quantity of goods will be able to easily traverse one of the world’s most important waterways. This change comes amid a slump in […]

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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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Nerijus Poskus

How the Panama Canal Expansion Will Shake Up U.S. Shipping

The expansion of the Panama Canal, expected to be completed by the end of June 2016, will rewrite the rules of shipping, with far-ranging impacts for logistics managers, retailers, railroads, and public infrastructure across the United States. More than a decade in the making, the canal expansion not only increases the number of ships that […]

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How to Prepare for the Food Safety Modernization Act

How to Prepare for the Food Safety Modernization Act

When President Obama signed the U.S. Food and Drug Administration’s (FDA) Food Safety Modernization Act (FSMA) in January 2011, it marked the first time in more than 70 years that the U.S. government introduced any significant legislative change to the food industry. The motive was clear: Educate and instruct public and private sectors on how […]

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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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Stephen Hamilton

10 Steps to Import Compliance

Ever-changing import rules enforced by U.S. Customs and Border Protection (CBP) require companies to remain current on regulations and process methodologies—or risk delays and noncompliance fines. Organizations that fail to comply with current customs rules—even in ignorance—can be designated as high risk, and subject to more frequent inspections and longer processing times in the future. […]

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