On: September 22, 2021 By: David Noah
U.S. exporters need to identify the correct 10-digit Schedule B codes for their products as part of their export compliance responsibilities. The Schedule B search engine can help. Don't ignore this important step, because using the wrong code may result in fines and other penalties.
On: September 15, 2021 By: David Noah
Under the Incoterms 2020 rules, Free On Board (FOB) means the seller has fulfilled its obligation when the goods are loaded on the vessel nominated by the buyer. This term should only be used for sea and inland waterway transport and usually only for non-containerized bulk cargo, such as oil or grain.
On: August 18, 2021 By: David Noah
Before you export, you need to properly classify your goods via the Schedule B or Harmonized Tariff Codes of the United States (HTSUS). Providing the wrong classification could lead to fines and other penalties and result in your customer paying more than they should for importing your goods.
On: August 11, 2021 By: David Noah
The export declaration form, also known as the Shipper’s Export Declaration or SED, needs to be avoided. It's an obsolete export document that doesn't include all the information required for filing through AESDirect, and it leaves you vulnerable to errors. Here’s what to do instead.
On: August 4, 2021 By: David Noah
Under the Incoterms 2020 rules, Free Alongside Ship (FAS) means the seller has fulfilled its obligation when the goods are made available alongside the ship. This term should only be used for sea and inland waterway transport and usually only for non-containerized bulk cargo, such as oil or grain.
On: July 28, 2021 By: David Noah
Do you really need a trade compliance certification to be a professional exporter? I share my thoughts—and six other aspects of export compliance that companies should instead (or also) consider.
On: July 14, 2021 By: David Noah
This last year made clear that exporters need to reexamine their handling of inventory and warehousing. In this article, I’ll discuss the differences between using freight forwarders and third-party logistics (3PL) companies for these jobs, and how to identify the right partner for your needs.
On: June 9, 2021 By: David Noah
Companies that export software have some additional compliance challenges not faced when exporting physical products, especially if the software is encrypted. These five tips for exporting software will help your company stay compliant.
On: April 26, 2021 By: David Noah
Dozens of virtual events are happening in May for World Trade Month—a time to celebrate the importance of international trade to the U.S. economy and to teach new and experienced exporters and importers about various aspects of international trade. This year's theme is 'Growing Exports in Uncertain Times.'
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