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.
CBP: Discovers 37 Live Beetles Smuggled in Snack Packages at LAX
CBP: Discovers 37 Live Beetles Smuggled in Snack Packages at LAX
U.S. Customs and Border Protection (CBP) agriculture specialists at Los Angeles International Airport (LAX) uncovered an unusual contraband shipment last month—37 live beetles hidden inside packages of Japanese snacks, potato chips, and chocolate. The insects, valued at $1,480, were discovered during a routine inspection of air cargo arriving from Japan.
Related Posts
DOJ: Federal Register Notice Outlines DOGE Workforce Cuts, Hiring Limits, and Potential Slowdowns
Here’s the Federal Register notice about how the DOGE Workforce Optimization Initiative is supposed to be initiated. I expect that most functions we work with will slow down. Each agency is allowed to hire no more than one person per four that depart (unless they’re public safety, immigration, enforcement, or law enforcement; there will be…
DOJ: Ohio Company and Employees Charged for Illegally Exporting Aircraft Parts to Russia
An Ohio company and three of its employees (one Ohio, two Florida) are being charged with violations of export restrictions on Russia. They are part of an American subsidiary of a Russian aircraft parts supplier. In 2022 the company signed documents to a supplier saying that the goods wouldn’t go to Russia…and then illegal exported…
CBP: Updated Guidance on China Import Duties and De Minimis Exemptions
CBP has released updated guidance following the amended Executive Order on February 5, 2025, imposing additional duties on Chinese imports. The de minimis exemption remains available for certain articles under heading 9903.01.20 but is not retroactive. CBP will not refund duties on shipments denied de minimis treatment before ACE resumed processing on February 7, 2025….
DOJ: Dominican Authorities Seize Aircraft Linked to Sanctioned Venezuelan Company at U.S. Request
Dominican authorities, at the request of the U.S. government, have seized a Dassault Falcon 2000EX aircraft used by Venezuela’s state-owned oil company, PdVSA, for violating U.S. export and sanctions laws. The aircraft, which had been serviced and maintained with American-made parts despite sanctions, was previously used to transport high-ranking officials of the Maduro regime. U.S….