Insurance Denied

Posted by Annika Helmrich on June 26, 2009

It's challenging these days for small to mid-sized companies trying to compete with large scale enterprises. And, to make matters worse insurance companies are discouraging coverage for some of these companies, according to the Export Credit Guarantee Corporation (ECGC).

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Topics: Export Management

Understanding the Science of Importing for Small to Mid-sized Companies

Posted by Annika Helmrich on June 26, 2009

There is a lack of awareness in some small to mid-sized companies (SME) with the amount of tax planning for import duties. Because of this, there are a lot of missed opportunites to reduce company costs. According to Import Duties: Bend Me, Shape Me, Any Way You Want Me in CFO magazine this month, it discusses some key points for SMEs to reduce costs as an importer.

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Topics: Global Sourcing, Sourcing Analysis

Export Compliance: Not Just for the Fortune 500

Posted by Caroline Brown on June 23, 2009

As discussed recently in some of my favorite blogs, Research Institutions need export compliance too!

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Topics: Export Management, Deemed Exports, Export Compliance, Restricted Party Screening

Export On-Demand Offers Savings for Companies in Compliance

Posted by Annika Helmrich on June 22, 2009

In May, Journal of Commerce wrote an article, Compliance Applies Growth about the importance of compliance and HS classification. Many Global Trade Managment companies have seen a growth in business in this recession.

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Topics: Export Management, Export Compliance

U.S. Trade Slow to Recover

Posted by Annika Helmrich on June 19, 2009

According to International Freighting Weekly, trade exports into Europe and the U.S. has dropped by 21 percent since the beginning of 2009. The Bureau of Economic Analysis reports, U.S. exports totaled $121.1billon in April, $2.8 billon less than in March. Imports also fell $2.2 billon from the March totaling of $152.5 billon.

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Topics: Export Management

Export - Import Bank Expands to Support Small to Mid-Sized Businesses

Posted by Annika Helmrich on June 12, 2009

Leaders will have greater flexibility to serve the needs of small to mid-sized companies under the Export-Import Bank of the United States Super Delegated Authority and Fast Track programs announced in its press release on Monday, June 8th.

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Topics: Export Management

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