Problems plague supply chains worldwide, as the stormy seas of port congestion, labor strikes, truck driver shortages, and shifting consumer demands create chaos. Transloading is helping to calm these waters.

In the ever-evolving landscape of global trade, ensuring trade compliance can be the linchpin that keeps your supply chain running smoothly and efficiently.

International trade is essential for today's global economy, but it also opens shippers up to the risk of costly mistakes and errors. The International Chamber of Commerce introduced Incoterms (international commercial terms) to facilitate global trade by clearly outlining the obligations, risks, and costs of the buyer and seller under different contractual terms. 

Usually, the import and export process runs smoothly for most enterprises—until they receive a customs compliance audit notice in the mail! But what triggers these investigations from the government? Understanding why the U.S. Customs and Border Protection (CBP) might want to examine your business identifies potential risks when trading abroad and helps you avoid fines for non-compliance. Learn more below.

Navigating international shipping without Incoterms® is a lot like traveling across country without a map.

In today’s competitive market, businesses must innovate to outpace the competition.

With Incoterms, navigating the waters of responsibility and risk can feel a lot like sailing through uncharted territory without navigation assistance.

Incoterms® 2020 is a roadmap that guides buyers and sellers to their responsibilities for the goods being shipped.

Choosing the right Incoterm is like navigating a ship through open waters—steering the course of a transaction and determining how responsibilities are divided between the buyer and seller.

When choosing Incoterms, importers and exporters must develop their skills in recognizing differences. Not all Incoterms are the same.

When you’re transporting goods through multiple countries and dealing with different languages, customs, and regulations, conflicts and misunderstandings are bound to happen. Incoterms help reduce misunderstandings by clarifying exactly what each party is responsible for in a global trade contract.