When an export falls into the wrong hands, the potential repercussions extend from financial penalties for the unwary exporter to significant national security concerns for the United States. Beyond adhering to standard best practices like restricted party screening, companies can take an additional measure to thwart unauthorized individuals or
Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce, released its December Global Shipping Report for logistics and supply chain professionals. In November 2024, U.S. container import volume decreased 5% from October 2024, which is consistent with seasonal month-over-month declines seen in previous years, though smaller than
EXIM Support for U.S. Indirect Export Activity December 10, 2024 Ken Click, Business Development Specialist & Smaro Karakatsanis, Director of Business Credit The United States exported over $2 trillion worth of goods last year, according to Tradestats, an interactive tool created by the International Trade Administration (ITA) that sources
Hopes for a resolution to the standoff between dockworkers and port employers on the US East and Gulf coasts are fading, with a January strike now appearing unavoidable. The primary sticking point remains port automation, despite a prior tentative agreement on wages that temporarily ended a three-day port closure
When exporting goods valued at more than $2,500 per Schedule B number to anywhere other than Canada, companies usually must file their export information electronically to the Automated Export System (AES) through the Automated Commercial Environment (ACE) prior to the goods leaving the country. (more…)
![International Trade Briefing: December 2024 [Video]](https://importexportchb.com/wp-content/uploads/2024/12/ITB20December20202420Blog20Featured20Image.png "International Trade Briefing: December 2024 [Video]")
About the Author: Kari Crane Kari Crane is the editor of Passages: The International Trade Blog. Kari joined Shipping Solutions after working as an editor, writer and designer at a major market newspaper in Texas. Kari has spent her career finding different ways to tell stories and make complex
Boosts Efficiency and Compliance: Safety innovations like AI-driven monitoring and ergonomic tools help export & logistics businesses enhance operational efficiency, maintain compliance, and build trust with global partners. Protects and Engages Workforce: Implementing advanced safety technologies supports a safer workplace, increasing productivity and improving morale & loyalty among employees
![Creating a USMCA and other Free Trade Agreement Certificates of Origin [Video]](https://importexportchb.com/wp-content/uploads/2024/12/free-trade-agreements-820x461.png "Creating a USMCA and other Free Trade Agreement Certificates of Origin [Video]")
The United States has Free Trade Agreements (FTAs) and Trade Promotion Agreements (TPAs) with about 20 countries, which offer reduced tariffs between participating countries. The U.S. FTAs and TPAs build upon the foundation set out by the World Trade Organization of which the U.S. is a member. (more…)
Have you heard of RoDTEP? It’s like a special treat for Indian exporters! RoDTEP, which stands for Remission of Duties or Taxes on Export Products, was introduced by the Indian government to make exporting goods more profitable. The scheme was implemented on January 1, 2021. The main goal of
Here at the Export-Import Bank of the U.S (EXIM), Export Credit Insurance (ECI) is the most popular trade finance solution we offer. ECI is more than risk protection, it’s a tool that allows you to be on an even playing field with your global competitors. (more…)
