TradeLane

How Companies Can Be Preparing for an Uncertain Future

Posted by Michael Bellezza

3/29/17 4:23 AM

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There seems to be a great deal of uncertainty amongst those tasked with their company’s international trade compliance. There is ongoing discussions of a wall, of a trade war with Mexico one day, and with China the next, or a 20% tariff on certain manufactured goods coming into the US.

I know a lot of trade compliance people, and I mean a LOT. Most of us are cut out from a similar cloth, or at least the same weave.

Uncertainly isn’t something that sits well.

Many of my customers are starting to field questions from senior management on what the future will hold for their supply chain, and how they should be adapting.

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Topics: Europe, Export Compliance

Is Your Data Working for You?

Posted by Jeff Trimble

3/9/17 1:03 PM

trade Data

As a customs compliance guru for 19 years, I can tell you a lot has changed in terms of technology and data. US Customs alone has spent billions of dollars improving the data that comes from international trade into the United States. When thinking about your supply chain, it is tempting to only think about transportation. But as a lot of importers can attest to, Customs audits can be costly and delays due to Customs can erode your customer’s confidence. Just as cycle and transit times are important, there is quite a lot of data reporting in the compliance world as well.

So what kind of compliance data exists and how will you make use of it?

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Topics: Export Compliance

Export Controls in Ireland

Posted by Steve Halford

3/2/17 10:26 AM

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I am often surprised when discussing export processes with Irish businesses how little is known about export controls, meaning the regimes and regulations that are in place controlling dual-use items by the Irish Authorities and the EU. Businesses who have been exporting for years and have strong compliance practices for customs procedures would respond with, “We don’t deal in military goods, so this doesn’t apply to us.” However, they don’t seem to have come across terms such as dual-use or sanctioned parties.

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Topics: Europe, Export Compliance

Heads up! CBSA is Stepping up Export Rules Enforcement

Posted by Rob Moore

12/21/16 9:00 AM

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If you grew up as a suburban, middle-class kid in Canada like I did, you probably had some household chores that you were responsible for. One of mine was taking out the trash every week. I’d collect it up and get it ready to put out by the curb. I’d ask my Dad if there was anything else. He would suggest I roll my old car down to see if they would take it. Once it left the end of my driveway, I never gave it a second, though. Our trash, not my car. 

Was it bad for the environment? Could it cause harm to someone else? Could it be used to make a bomb? Ok, maybe a little dramatic.

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Topics: Export Compliance

The Dreaded Routed Transaction

Posted by Maureen Vick

11/18/16 10:17 AM

Routed TransactionIn my former life as an export agent, I dreaded getting calls from a supplier who was shipping under a “Routed Transaction.” In most cases, the supplier would insist that they did not have any obligations to provide any information. They thought that when the terms were Ex Works (EXW), they could say “we fulfilled our obligations; please pick up the freight.”

From there, I would then need to explain who the US Principal Party in Interest (USPPI) is, what its obligations were under the Foreign Trade Regulations (FTR), and how that is different from the Export Administration Regulations (EAR). It was a good day when the supplier had heard of either set of regulations.

Granted the FTR and EAR can be confusing when it comes to Routed Transactions, but here are few things to keep in mind that may help.

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Topics: Export Compliance, Export Administration Regulations