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Tag Archives: Export

Panama’s Export Business Thrives

Representing nearly 50% of its total economic output, Panama’s exports to Latin American and North American countries include chemicals, pharmaceuticals, electrical machinery, and footwear. A Central American country stretching from Costa Rica to the west across to its southeastern border with South America’s Colombia, the Republic of Panama ships $11.2 billion (USD) worth of goods […]

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Foreign Trade Zone Update: Two Developments You Must Watch Today

Shippers using Foreign Trade Zones (FTZs) should be aware of one delay and the potential for additional GAO oversight  With 2,900 companies located in 186 different U.S. Foreign Trade Zones (FTZs), where 420,000 workers are employed and $85 billion in goods are exported annually from the U.S., use of these secure areas—considered by U.S. customs […]

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Lithium Battery Transport Do’s and Don’ts

A preferred energy source for a wide selection of mobile phones, toys, laptops, and other consumer goods, lithium batteries can pose a safety risk when not properly prepared for air shipping. A laptop computer that runs on lithium ion batteries, for example, must follow HAZMAT guidelines when being shipped. According to the International Air Transport […]

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Incoterms: hablando el idioma del comercio

Una parte importante del lenguaje comercial diario, las normas Incoterms® ayudan a los exportadores, importadores, aseguradores y otros a “hablar” entre sí a través de una serie de acrónimos breves de 3 letras. Actualizados en 2010, los Incoterms fueron publicados por primera vez por la Cámara de Comercio Internacional (ICC) en 1936. En ese momento, […]

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Incoterms: Speaking the Language of Trade

Additional languages available. An important part of daily trade language, Incoterms® rules help exporters, importers, insurers, and others “speak” to one another through a series of short, 3-letter acronyms. Updated in 2010, Incoterms were first published by the International Chamber of Commerce (ICC) in 1936. At the time, the global business organization had set out […]

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Incoterms: Falando o idioma do comércio exterior

Uma importante parte da linguagem comercial do dia a dia são as normas da Incoterms® que auxiliam exportadores, importadores, seguradoras e outros profissionais a se comunicarem por meio de uma série de siglas curtas de três letras. Atualizado em 2010, as Incoterms foram publicadas pela primeira vez pela Câmara de Comércio Internacional (ICC) em 1936. […]

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What You Need to Know About the Changes to the DCS (Destination Control Statement)

On November 15th, the regulations mandating destination control statements (DCS) changed and now include several modifications to existing rules that shippers must follow when exporting goods from the U.S.  A legal statement required by the Export Administration Regulations (EAR) and the International Traffic in Arms Regulations (ITAR), the DCS states that the goods being exported […]

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