The Long Arm of OFAC – How US Sanctions Impact Pretty Much Everyone

Posted by Daniel Smith on Tue, May, 21 2019 @ 11:12 AM

When you think sanctions, there are a few things that probably come to mind: Iran, North Korea, possibly Russia. You may envision munitions being smuggled in Cold War-era trucks by rogue factions of defunct military groups.  You may think only bad actors such as known terrorists are direct targets of US sanctions, and only companies that operate within the US are subject to sanctions rules. If you think this, you’d be wrong.

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Topics: Global Trade Management Software, Import Management, Export Management, Global Trade Management, Global Knowledge

Why All the Angst Over Brexit?

Posted by Daniel Smith on Mon, Apr, 15 2019 @ 12:00 PM

Last Friday was the date set for Britain’s withdrawal from the European Union. What might ultimately have happened on this day has been salivated over by some and agonized over by others ever since the UK voted nearly three years ago to withdraw, an event quickly dubbed “Brexit”—Britain Exiting the EU.  After the Brexit referendum, British Prime Minister Theresa May had over two years to negotiate an exit strategy that would gain Parliament's support. This proved more difficult than most anticipated, and the deadline was pushed back to April 12, 2019. But with the next deadline looming and nothing concrete in the works, the PM Theresa May and EU leaders agreed to extend this date for another six months; so, for now, the UK remains in the EU. But those not living in the UK may be wondering, why all the angst? Why can’t the UK just withdraw? The short answer is, they could. The long answer is much, much more complicated.

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Topics: Global Trade Management Software, Import Management, Duty Management, Export Management, Global Trade Content, Global Trade Management

Global Post-Entry Adjustment - Now Easier than Ever

Posted by Paris Riley on Fri, Feb, 22 2019 @ 11:24 AM

After a long day of work, the last thing anybody wants to hear is they need to go back and fix a mistake. Unfortunately, when it comes to the Customs filing process, errors are more common than anybody would like, and once an error is noticed importers have an obligation to go back and correct it. For large shippers who could potentially have 15,000 entries with 150,000 lines in a year, this makes post-entry adjustment a burdensome task to execute. At last, there is hope for importers after all.

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Topics: Import Management, Import Customs Filing

Cintas Selects Amber Road’s On-Demand Global Trade Management Platform

Posted by Kelsey Barker on Mon, Feb, 4 2019 @ 10:41 AM

Cintas Corporation, a leader in their industry, has launched Amber Road’s GTM solution suite. Once fully implemented, the solution will streamline Cintas’ import and export operations, by creating  real-time, collaborative and fully standardized digital trade activities. 

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Topics: Import Management, Duty Management, Export Management, Global Trade Management, Trade Agreement Identification, Free Trade Agreements

Duty Drawback Simplification: Your Questions Answered!

Posted by Kelsey Barker on Fri, Sep, 28 2018 @ 3:49 PM

Drawback Simplification regulations are finally here, and they’re a game-changer for importers and exporters looking to recover duties and fees. Companies can now go back five years for duty drawback claims, but you need a plan. Earlier this month, Amber Road’s Global Trade Academy hosted a webinar with Drawback Specialist Brenda Sweetman to cover these important updates.

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Topics: Import Management, Duty Management, Export Management, Product Classification

Talking Logistics Interview with Gary Barraco - Digitization: Where Can You See Value?

Posted by David Hamilton on Mon, Jul, 23 2018 @ 1:15 PM

Gary Barraco, Director of Global Product Marketing at Amber Road, speaks with Adrian Gonzalez of Talking Logistics about several aspects of digitizing the global supply chain and the benefits it provides. Digitizing your supply chain empowers global trade professionals with a competitive edge by providing visibility across shipments, into costs, and ahead of potential risks – all netting significant cost savings. Gary and Adrian address several questions that culminate in building a business case to prove the value of a digital supply chain to your C-Suite.

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Topics: Import Management, Export Management, Global Trade Management, Supply Chain Visibility

Tackle Trade Compliance with Global Trade Academy's 5-Day Import Boot Camp

Posted by Kelsey Barker on Fri, Jul, 13 2018 @ 11:21 AM

Understanding constantly evolving U.S. customs regulations and its complex requirements is a challenging task.

Whether you are looking for a refresher course or are new to the industry and want to get up to speed fast, our hands-on 5-day Import Boot Camp will provide you with a solid understanding of U.S. Customs regulations, requirements, and best practices needed to tackle a multitude of trade compliance issues with authority.

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Topics: Import Management, Import Compliance, Global Trade Academy, Import Customs Filing

Importing from China? Your Products Could Be Hit With A 25 Percent “Special” Tariff!

Posted by Suzanne Richer on Tue, May, 1 2018 @ 1:25 PM

In a further indication that U.S. trade policy toward China has stiffened, the Trump Administration has initiated a punitive tariff action against China under Section 301 of the Tariff Act. Section 301 empowers the White House to impose additional import tariffs on the products of countries who maintain discriminatory policies against U.S. products and services.

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Topics: Import Management, Product Classification, Global Trade Academy

Tax Triumphs & Trade Troubles: What You Need to Know for 2018 Cross-border Trade

Posted by Paris Riley on Fri, Mar, 30 2018 @ 1:27 PM

They say that two things are certain: death and taxes. But another certainty is that once you've built your business around a particular tax structure, it will change.

Since the new tax plan was officially announced three months ago, companies that operate in or with the United States are still scrambling to understand it, especially along with new trade restrictions, import regulations, and tariffs. Some changes, such as the import restrictions on solar panels and washing machines, have been released in full, but others remain mere speculation, making import compliance all the more difficult this year.

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Topics: Import Management, Duty Management

Brexit Resources: Are Your Import and Export Compliance Teams Ready?

Posted by Joseph Gabro on Tue, Mar, 27 2018 @ 11:05 AM

We are officially one year away (well, 367 days if you want to be exact): On March 29, 2019, the United Kingdom is scheduled to leave the European Union. While Britain is still searching for an independent customs bill that could legislate trade relations outside customs union membership, global trade professionals must prepare for the various scenarios at hand. Although we have known about this impending Brexit since June of 2016, many questions are left unanswered - are your import compliance and export compliance teams ready for the challenges ahead?

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Topics: Import Management, Duty Management, Export Management, Export Compliance

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