Incoterms 2010 Revisited We previously published an Incoterms Overview - A simple detailed guide to understanding Incoterms that includes images and charts. It explains the what & why as well as the letter's for each category of Incoterms - C, F, E, & D. The timing of Incoterms 2010 -> This latest version was launched in September 2010 but went into effect on … [Read more...]
Transition to ACE: Filers Urged to Start Testing
Transition to ACE: Filers Urged to Start Testing U.S. Customs and Border Protection has started issuing CSMS (Cargo Systems Messaging Service) messages to help the trade community prepare for the Nov. 1 deadline for mandatory filing of all electronic entries and corresponding entry summaries in the ACE (Automated Commercial Environment). Here is message from … [Read more...]
Cuba: State Sponsor of Terrorism Rescission
Cuba: State Sponsor of Terrorism Rescission In December 2014, the President instructed the Secretary of State to immediately launch a review of Cuba’s designation as a State Sponsor of Terrorism, and provide a report to him within six months regarding Cuba’s support for international terrorism. On April 8, 2015, the Secretary of State completed that review and recommended … [Read more...]
Tips on Maintaining a High Compliance Rate for AES
Tips on Maintaining a High Compliance Rate for AES From Global Reach: If you have wondered what you can do to maintain a high AES compliance rate, the following tips can help. 1. Maintain contact with your AES client representative Best practice shows that by working with your Data Collection Branch AES representative to resolve and/or suppress any unresolved fatal … [Read more...]
Four Companies and Five Individuals Indicted for Illegally Exporting to Iran
Four Companies and Five Individuals Indicted for Illegally Exporting to Iran From the DOJ (Department of Justice) press release: Seven Foreign Nationals and Companies Placed on Department of Commerce’s Entity List A 24-count indictment has been unsealed today charging four corporations and five individuals with facilitating the illegal export of high-tech microelectronics, … [Read more...]