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Commercial Invoice Best Practices for International Trade
Industry Trends and Analysis

Commercial Invoice Best Practices for International Trade

Client Question: Buyers ask me to raise two commercial invoices – one for the goods and one for the freight. Why would they ask, and is there any risk to me in doing this? Answer: It is a criminal offence to include anything on, or omit anything from, a

Maersk Exceeds Q4 Profit Forecasts Amidst Global Trade Uncertainty
Industry Trends and Analysis

Maersk Exceeds Q4 Profit Forecasts Amidst Global Trade Uncertainty

In a recent announcement, Danish shipping giant Maersk reported a fourth-quarter profit that surpassed market expectations, despite ongoing global trade challenges. Maersk’s impressive performance was detailed in a report by Reuters, signaling resilience in a sector often regarded as a barometer for world trade. Read also: Maersk Finalizes Order

Best Practices to Sustain Long-Term Success in the Import-Export Industry
Industry Trends and Analysis

Best Practices to Sustain Long-Term Success in the Import-Export Industry

Reading Time: 3 minutesPromoting the business of import-export in an increasing globalized market is a highly lucrative business opportunity. Proper strategy and careful planning for companies will help tap many more opportunities and revenues while building a solid global footprint.  International trade entails a lot of problems, but such

What You Need to Know About FCPA Enforcement
Industry Trends and Analysis

What You Need to Know About FCPA Enforcement

On February 10, 2025, President Donald Trump signed an Executive Order (EO) dramatically altering the enforcement landscape of the Foreign Corrupt Practices Act (FCPA). The EO orders an immediate pause on new FCPA investigations and enforcement actions while the Department of Justice (DOJ) reviews its enforcement guidelines. Ongoing cases

A Deeper Look: Phase VII of the Lacey Act Now in Effect [Video]
Industry Trends and Analysis

A Deeper Look: Phase VII of the Lacey Act Now in Effect [Video]

12 Documents Required for Exporting
Industry Trends and Analysis

12 Documents Required for Exporting

You’ve heard people talk about how to do the sexy part of exporting—the research, the schmoozing, the travel and all the marketing and sales stuff that people think about when they think about the glamour of international trade. But what I want to talk about is the not-so-sexy part

International Trade Briefing: February 2025 [Video]
Industry Trends and Analysis

International Trade Briefing: February 2025 [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

HS Codes, HTS Codes and Schedule B Codes: What’s the Difference?
Industry Trends and Analysis

HS Codes, HTS Codes and Schedule B Codes: What’s the Difference?

Do you know the difference between HS codes, HTS codes and Schedule B codes? In casual conversation, exporters tend to use these terms interchangeably; they, for the most part, understand that these are codes representing classifications of products. We've been helping people correctly classify their goods with Shipping Solutions

How to Stay Updated with Global Trade Trends
Industry Trends and Analysis

How to Stay Updated with Global Trade Trends

Reading Time: 3 minutesDealing in the import-export enterprise involves many pitfalls, trade policy fluctuations, sudden supply chain interruptions, and ever-changing market demands. Failure to stay updated will result in delays, losses, and missed opportunities.  So, what’s the solution? Keeping ahead of global trade trends.  It is important to have

U.S. Tariffs on Foreign Imports: Revenue and Evasion Tactics
Industry Trends and Analysis

U.S. Tariffs on Foreign Imports: Revenue and Evasion Tactics

President Donald Trump’s newly imposed tariffs on foreign imports aim to generate significant revenue for the U.S. government by taxing goods from countries like Mexico, Canada, and China. However, the government’s ability to collect these tariffs is under scrutiny. According to a report by Goldman Sachs, exporters are finding