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.