Shipping Solutions has released two new versions of its export documentation and compliance software: Shipping Solutions Professional and Enterprise Version 9.20 and Shipping Solutions Classic Version 8.20. (more…)
I get a lot of emails from exporters who are confused about whether or not their products require an export license. Their initial search through the Export Administration Regulations (EAR) indicates that they do, but then they hear or read about export license exceptions that may be available. This
As we prepare to say goodbye to 2024 and welcome 2025, the Export-Import Bank of the United States wants to wish you a cheerful holiday season and a prosperous new year! If you had a box that contained all of the tools needed to make your business successful, wouldn't
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Incoterms 2020 rules are the latest revision of international trade terms published by the International Chamber of Commerce (ICC). They are recognized as the authoritative text for determining how costs and risks are allocated to the parties conducting international transactions. Incoterms 2020 rules outline whether the seller or the
The looming threat of a potential East Coast and Gulf Coast port strike in January 2025, combined with President-elect Trump’s proposed tariff increases, has sparked a surge in import volumes at U.S. container ports, according to the National Retail Federation (NRF). Read also: Trump’s Proposed Tariffs Could Trigger Price
The U.S. government has given the green light for the export of cutting-edge artificial intelligence chips to a facility operated by Microsoft in the United Arab Emirates, as part of a partnership with Emirati AI firm G42. This development was reported by Axios, citing sources familiar with the matter.
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
