On: March 17, 2021 By: David Noah
Once you've determined that a letter of credit is the best way to get paid for your export, you not only need to properly prepare the letter of credit. A mistake during any part of the process means not getting paid on time! Avoid these seven common mistakes that exporters make.
On: March 8, 2021 By: Catherine J. Petersen
Exporters need to understand the different payment options available for an international transaction, along with the corresponding risks, benefits and costs. Use this guidance to help choose the best option and ensure you get paid.
On: March 2, 2021 By: Catherine J. Petersen
A deemed export is the release to a foreign national in the U.S. of technology that is subject to the Export Administration Regulations (EAR). Your company must comply with the EAR even if it isn't shipping physical goods outside the country, or it could face the potential penalties.
On: February 3, 2021 By: David Noah
To be a successful exporter, you need a solid understanding of the entire international shipping and logistics process. Here are four important considerations, related to the back end of the export process, that new exporters must consider as they begin their journey in international trade.
On: February 1, 2021 By: David Noah
Chambers of commerce are local organizations that promote, protect and represent the interests of businesses of all sizes—an important asset for exporters. Learn about the services they offer and how to find one that may be helpful to your needs.
On: January 25, 2021 By: Arnesh Roy
There's a lot to know about international trade. Here are answers to some of the most common questions I get when talking with exporters.
On: January 20, 2021 By: David Noah
Feeling overwhelmed by product classification? This article (and free webinar) walks you through correctly classifying products for import and export: Learn how to navigate the Harmonized System (HS), the seven best practices for classifying products and the differences between HTS and Schedule B.
On: December 28, 2020 By: Catherine J. Petersen
The trade term FOB has different meanings for domestic sales versus export sales. The FCA Incoterm is often a better choice for exporters. We compare FOB under the Uniform Commercial Code with the Incoterm 2020 rule Free Carrier.
On: November 18, 2020 By: David Noah
LCL shipping stands for less than a container load. An LCL export describes a cargo loads that are not large enough to fill a full 20-foot or 40-foot shipping container.
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