Insights on trade documentation, export processes, and tips for streamlining your global business.
Your invoice said FCA. The L/C said FOB. The bank rejected it. Here's how Incoterm mismatches cause L/C discrepancies and how to prevent them.
Freight forwarders move cargo. Customs brokers clear it. Since 2022, US importers must sign the Power of Attorney directly with their broker.
Your invoice says $10,000. US customs taxes $10,000. EU customs taxes $12,500. Same goods, different duty base. Here's why.
Your container arrived, but your documents didn't. Learn how paperwork delays trigger demurrage fees and what to do before the vessel arrives.
Exporting over $2,500 from the U.S.? EEI filing is mandatory. Miss it and face $10,000+ penalties—even if your forwarder handles shipping.
Freight Collect on B/L doesn't guarantee payment. Here's what happens when buyers refuse and how sellers can protect themselves.
An LCL quote normally covers ocean freight alone. Here are the CFS, documentation and terminal charges that arrive later, and the 12-15 CBM break-even where FCL becomes the cheaper option.
DDP makes the seller the importer of record. DAP doesn't. That one-letter difference decides who pays VAT and whether you can recover it.
A quotation is not an offer under contract law. Learn how contracts actually form in international trade and what documents you need.
