General Average is one of the more interesting and yet misunderstood laws involved in the international trade industry. What is General Average, and why would an importer or exporter need to...
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HS and HTS Codes: Global Trade’s Common Language
Classification can be an intimidating part of importing. So getting to know your HS and/or HTSUS codes is an important step to becoming a compliant importer. Accurate and straightforward...
What is a Foreign Trade Zone (FTZ)?
Manufacturers and importers of all sizes can take advantage of a Foreign Trade Zone, but often many are not aware of the advantages and cost reductions. So, let's go over the basics of an FTZ and...
Global Trade Trends in Fall 2012
This has been an exciting, even tumultuous quarter for global trade trends. Several major events have rocked the community recently, and three of these events come to mind as being particularly...
Country of Origin Marking
For importers, many countries require a mark associated with the Country of Origin as an element of Customs compliance that must be adhered to. The origin marking practice began in the World War II...
Valuation of Goods, It’s Important for Compliance
Valuation of goods is an important aspect of filing requirements when importing goods into the United States. Customs and Border Protection (CBP) must be provided not only with the classification of...
Types of Inspection Tech Used By CBP
As technology develops and grows, CBP will no doubt have the most advanced tools for inspection tech at hand in order to protect the United States from threats coming across the border. Customs and...
Panama Canal Will Graduate to Three Lanes
Global commerce has been forever altered by the Panama Canal and the expansion to three lanes will continue to grow the pathways for the global trade industry. The construction of the Panama Canal...
Customs Bonds 101 Questions and Answers – Vol. 2
We recently gave a presentation on the basics of U.S. Customs Bonds, called “Customs Bonds 101.” During the presentation, the attendees asked so many excellent questions, we felt like it would be a...
Marine Cargo Insurance
Marine cargo insurance is an excellent risk management tool when used efficiently, but some business owners do not have a full understanding of the importance of having a policy. Most global...
Top 5 Importing Mistakes
There are many things an importer must keep track of to run a successful operation. Here are five avoidable importing mistakes that can keep even the best operations from reaching their full...
Customs Bonds 101 Questions and Answers – Vol. 1
We recently gave a presentation on the basics of U.S. Customs Bonds, called “Customs Bonds 101.” During the presentation, the attendees asked so many excellent questions, we felt like it would be a...