On: December 14, 2022 By: David Noah
A customs broker serves as liaison between an importer and customs, helping to enter goods into the country of import. Companies pay brokers to know the proper entry procedures, admissibility requirements, classification, valuation, and duty rates, taxes and fees for imported merchandise.
On: December 7, 2022 By: David Noah
For almost a century, chambers of commerce have been signing and stamping certificates of origin for exporters. But the old way of doing this was a manual, tedious process that took too much time and cost too much money. Now companies can quickly create an electronic certificate of origin (eCO).
On: December 5, 2022 By: David Noah
Exporters should perform denied party screening for every transaction. Learn what that means and how it’s different from restricted party screening. Plus, there's an easier way to stay compliant without manually checking 140+ lists for every single export transaction.
On: November 30, 2022 By: David Noah
At first glance, the differences between a packing list and bill of lading appear small. But when you understand how and when both are properly used during an import-export transaction, you see how important it is to accurately complete both forms.
On: November 16, 2022 By: David Noah
According to the Canada Border Services Agency, the Canada Customs Invoice (CCI) is a special invoice that incorporates more data elements than a standard commercial invoice. It is required for U.S. exports to Canada in certain situations, outlined in this article.
On: November 9, 2022 By: David Noah
The U.S. requires exporters to submit Electronic Export Information (EEI) on shipments to most foreign destinations if those shipments are valued at more than $2,500. In this article, we answer the most frequently asked questions about filing EEI through AESDirect on the ACE platform.
On: November 2, 2022 By: David Noah
Exporters use a Shipper's Letter of Instruction (SLI) to provide shipping instructions to their freight forwarders. It's a letter that tells your agent/forwarder how and where they need to send your products. It may also include the information they need to file your EEI through AESDirect.
On: October 31, 2022 By: David Noah
Supply chain management is how a business gets its product from Point A to Point B, including all logistics, risks and risk mitigation taken. By streamlining the supply chain, companies can save money on inventory costs, transportation costs and other operational expenses.
On: October 5, 2022 By: David Noah
It doesn't matter if your company is large or small. If you export, you need to comply with export regulations. Too many companies put export compliance on the back burner because they think it's too difficult to implement. But with the right tools—software designed for that purpose—it's easy to do right.
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