On: July 8, 2020 By: David Noah
Although the six-digit Harmonized System (HS) number is a subset of the 10-digit Schedule B code, it's important to understand the difference. While you should include the HS code on some of your export documents, you are required to report the Schedule B code with your EEI filings.
On: June 8, 2020 By: Roy Becker
Many U.S. importers, exporters and bankers don't understand Incoterms 2020 rules that are the standard sales terms used in international trade. As I demonstrate in this article, the danger of incorrectly using terms like Ex Works (EXW) and Free on Board (FOB) can be considerable.
On: June 1, 2020 By: David Noah
World Trade Month is typically celebrated by a series of live, in-person events held throughout the United States that recognize the importance of international trade to the U.S. and global economies and to help companies and their employees be better exporters. But this year, things are hardly typical.
On: May 18, 2020 By: Joseph A. Robinson
It's not unusual for an international transaction to include a middle man or woman who brought the buyer and seller together. But once this connection is made, this middle person is at risk of being cut out of future deals. Here's what you can do to protect yourself.
On: April 13, 2020 By: Jake Rheude
The COVID-19 outbreak has ground many supply chains to a halt and significantly slowed the rest. You need to map out and analyze your supply chains, so you can identify and bypass the bottlenecks for the current crisis while also plan for black swan events that may occur in the future.
On: April 8, 2020 By: David Noah
Too often, U.S. companies involved in importing and exporting think only in terms of U.S. dollars. But doing so increases your risks while limiting your profitability. Here are four reasons you should explore currency exchange services to help protect your international transactions.
On: April 6, 2020 By: David Noah
While COVID-19 has made public events dangerous, those of us involved in international trade still need to stay informed about the changing world of imports and exports. That's why WorldTradeMonth.com is sponsoring a series of international-trade-related webinars during May 2020.
On: March 25, 2020 By: David Noah
Although most of our staff are working from home, Shipping Solutions is still available to our customers and the rest of the international trade community. Here's a summary of the services we are still providing and the best way to reach us with your questions or concerns.
On: March 16, 2020 By: Laurel Delaney
Here are seven reasons you should take your company global: 1) Generate more revenue, 2) Learn something new, 3) Expand your business, 4) Turn your business around, 5) Stay focused on your business, 6) Because it's cool, and 7) It's never felt so good!
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