Importing - Ways to Save Money Part of a global strategy to become a competitive force in the marketplace is to lower prices and increase profit margins. Importing goods is certainly an option. Here are a few thoughts to save money on importing [from importexport.about.com] : Order it on the cheap. Shop around. You might be surprised at how manufacturers in countries … [Read more...]
Company Fined $20 Million For Export Violations
The State Department fined Esterline Technologies, an aerospace and defense technology company, $20 Million for inadequate export controls that led to the unauthorized export of defense articles and technical information. DTCC [Office of Defense Trade Controls Compliance] concluded that many of the alleged violations occurred because Esterline did not properly establish … [Read more...]
Export Basics: Identify Your Market
Export Basics: Identify Your Market [4th in the series] To successfully export your product(s), you should research foreign markets. The next step includes market research. The results of the research should provide the following: From the Basic Guide to Exporting~ The largest markets for your product and the fastest-growing markets Market trends and … [Read more...]
IATA – Lithium Battery Shipping Guidelines
IATA releases the Lithium Battery Shipping Guidelines (LBSG) providing comprehensive guidance on how to safely ship lithium batteries and products containing Lithium batteries. Lithium batteries are safe to transport provided shippers comply with the relevant dangerous goods regulations to meet their safety obligations. The LBSG is a complete guide for shippers. It is being … [Read more...]
California Company Fined For Illegal ‘Deemed Exports’
California Company Fined For Illegal 'Deemed Exports' The Bureau of Industry and Security (BIS) fined Intevac, Inc. the amount of $115,000 for violations of the Export Administration Regulations (EAR), that includes "deemed exports," releases of controlled technology made to a foreign national located in the U.S. Intevac voluntarily disclosed the unauthorized release of … [Read more...]