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.
Justice: Former Logistics CEO Pleads Guilty to Export Law Violations Conspired to Ship Goods to Blacklisted Chinese Companies
Justice: Former Logistics CEO Pleads Guilty to Export Law Violations Conspired to Ship Goods to Blacklisted Chinese Companies
November 27, 2024/
Justice the former CEO of an international logistics / freight forwarding company plead guilty to conspiring to violate export laws by shipping goods to CN companies on the Entity List.
- This man knew that the company in CN changed their name to evade the entity list restrictions (from Seajet to Hisiang) because the company told them in an email
- A BIS person visited their office to tell them about the prohibition and educate them, and at a later date another official reached out to get a list of their prohibited companies (Seajet / Hisiang wasn't on that list).
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