What they mean and how to pick one. Incoterms® were established by the International Chamber of Commerce (ICC) in 1921 and have become a crucial element in global trade, defining the responsibilities of buyers and sellers in international transactions. In this webinar, we’ll provide a high-level overview of Incoterms®, delve into their complexities, and simplify their application in various trade scenarios. You’ll gain a clear understanding of how to use Incoterms® to allocate risks and costs effectively, ensuring smoother international transactions.
Industry Insights
The Benefits of CTPAT Certification
In an era where supply chain security is paramount, the Customs-Trade Partnership Against Terrorism (CTPAT) certification stands as a beacon of trust and reliability. Let’s explore the significance of CTPAT certification, its benefits for businesses, and how it enhances the…
Country of Origin Determination
In the complex landscape of international trade, the concept of “country of origin” holds profound implications for businesses and consumers alike. Let’s explore why this aspect is crucial, its impact on trade dynamics, and its role in shaping consumer perceptions.…
Demystifying Export Licenses
In the intricate landscape of international trade, export licenses play a pivotal role in ensuring compliance with regulations and fostering responsible business practices. Let’s delve into the fundamentals of export licenses and why they matter. Introduction: Export licenses are official…
HTSUS Classification
In the realm of international trade, the Harmonized Tariff Schedule of the United States (HTSUS) classification is a critical element that businesses need to grasp. Let’s unravel the intricacies of HTSUS classification and its significance in navigating the global trade…
USMCA: A New Era in North American Trade
The United States-Mexico-Canada Agreement (USMCA) represents a significant milestone in North American trade, ushering in a new era of collaboration and economic synergy. Here we’ll briefly explore the key aspects of the USMCA, its impact on businesses, and the opportunities…
Empowering Success: The Crucial Role Compliance Training
In the intricate realm of international trade, where regulations and policies shape the landscape, the importance of import and export compliance training cannot be overstated. This training is not merely a legal requirement; it serves as a strategic investment that…
Combatting Forced Labor: Global Accountability
Forced labor remains a persistent global challenge, drawing increased attention from both the public and governments. Recent developments in legislation, such as Canada’s new reporting requirements and ongoing efforts in the United States, underscore the global commitment to eradicate this…