Satellites move from USML to Commerce Control List The new regulations will change the nature of U.S. export controls on most commercial, scientific, and civil satellites and their parts and components. The satellite items moving from the Department of State Category XV of USML (U.S. Munitions List) to BIS (Bureau of Industry and Security) Commerce Control List include … [Read more...]
Export Basics: Financing Exports
Export Basics: Financing Exports - 8th in this series Export financing is often a key factor in a successful sale. The following factors are important to consider in making decisions about financing (from the Basic Guide to Exporting): The need for financing to make the sale The length of time the product is being financed The cost of different methods of … [Read more...]
Possible WC Dock Strike: Ship Early
Possible WC Dock Strike: Ship Early The negotiations between the ILWU (International Longshore & Warehouse Union) and the PMA (Pacific Maritime Association) are scheduled to begin on May 12th, 2014. Although talks are starting long before the July 1st deadline, many International Transportation Experts believe that slowdowns at the Los Angeles / Long Beach ports are … [Read more...]
What is a Freight Forwarder?
What is a Freight Forwarder? In the simplest of terms, a freight forwarder (sometimes known as a NVOCC - non-vessel operating common carrier ) is a travel agent for your cargo yet there is so much more than that. Some say that a freight forwarder is an 'architect of transport' and some are experts in supply chain management. The legal definition at 49 U.S.C. § 13102 (8) … [Read more...]
U.S. Commerce Department Adds Nine to Entity List
U.S. Commerce Department Adds Nine to Entity List The U.S. Department of Commerce’s Bureau of Industry and Security (BIS) announced the addition of eight Chinese companies and one Chinese individual to its Entity List for their roles in supplying Iran’s ballistic missile program through a Chinese proliferator. From the Under Secretary of Commerce Eric L. … [Read more...]