Insights on trade documentation, export processes, and tips for streamlining your global business.
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.
LCL quotes hide 18-34% in extra fees. Learn the break-even point and when FCL saves money.
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.
A binding ruling is a free, official classification decision from customs. In the US, it never expires. Here's why most importers skip it and pay the price later.
FOB leaves a liability gap when containers sit at the terminal before loading. FCA transfers risk at handover, which is why the ICC has recommended it for containers since 1990.