Update on West Coast Port/Strike As of today, the ILWU and PMA are still in negotiations for their new labor agreement to replace the existing agreement expiring on June 30. The negotiations cover all US West Coast ports (including Los Angeles, Long Beach, Oakland, Portland, Seattle, Tacoma) but not those in Canada or along the US East/Gulf Coasts. Although some form of … [Read more...]
How to Compare Freight Quotes
How to Compare Freight Quotes How do you compare freight quotes to make sure you really are seeing the bottom line cost and comparing them equally? The best way to protect yourself and ensure you are seeing a true cost from your forwarders is to provide the most accurate information possible and also define the terms of the quote and what your expectations are in … [Read more...]
What is AES Rehost?
What is AES Rehost? There has been a lot of discussion recently about changes to the Automated Export System (AES) and how it relates to the Automated Commercial Environment (ACE). The AES system was developed back in 1994 and so the system needs to be updated with technology and platform. ACE is commercial trade processing system designed to automate border processing, … [Read more...]
Satellites move from USML to Commerce Control List
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...]