Articles
Import
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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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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U.S.-Canada Trade: Getting a Line on Cross-Border Shipments
To efficiently move goods across the U.S.-Canada border, shippers and logistics providers must adapt to regulatory, geographic, and currency challenges.
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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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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. […]
Read MoreEnsuring Import Compliance
Companies moving products into the United States must not only develop expertise about U.S. Customs and Border Protection (CBP) regulations, but also make a continual effort to stay up to date on changes to the rules. Paul Rasmussen, CEO of Zepol, a Minnesota-based provider of international trade tools, offers these tips for ensuring customs clearance […]
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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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Steering Clear of Supply Chain Disruptions
No one knows whether the 2014 U.S. West Coast port labor negotiations will go smoothly or result in import and export traffic disruptions. Evaluate your supply chain now and implement contingency plans to avoid trouble later.
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FTZ Basics and Benefits
Foreign Trade Zones can help global shippers maximize savings and minimize operational costs. Speeding customs clearance and eliminating paperwork seals the deal.
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Mara Gonzalez: Import Expert
Mara Gonzalez is director of purchasing at Vino del Sol, a specialist in Argentinean wines that also markets wines from California, Chile, Japan, and New Zealand. Based in Arlington, Va., Gonzalez has served in her current position since 2011. Responsibilities: Overseeing the entire supply chain, with work focused on purchasing, administration, and regulatory compliance. Experience: […]
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