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ELECTRONIC DATA INTERCHANGE - FAQ What is EDI? - Terminology Electronic Data Interchange FAQ General Questions Technical Questions Terminology Questions about Processes & Organisations Questions about Peppol Questions about Go-webEDI E-Invoicing E...
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ELECTRONIC DATA INTERCHANGE FAQ – EDI FAQ – General Questions.
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FOREIGN TRADE ZONES Foreign Trade Zone (FTZ) Frequently Asked Questions (FAQs) Foreign Trade Zone (FTZ) FAQs What is a Foreign Trade Zone (FTZ)? Benefits of FTZs for LSPs Benefits of FTZs for Importers In this Article... toc What is a Foreign Trade...
EXPORT COMPLIANCE Why do Organizations have to Meet Export Classification Requirements? As with import compliance, a crucial part of export compliance regulations that is enforced by governments and jurisdictions around the world is controlling the...
EXPORT COMPLIANCE What is Risk Management? When mentioned in context of export compliance, risk management may refer to compliance with restricted party screening regulations, but more specifically to sanctioned ownership screening rules, including...
EXPORT COMPLIANCE What is OFAC Screening? OFAC screening is a subset of denied party screening that applies to organizations doing business in the United States or transacting in U.S. Dollars anywhere in the world. OFAC screening involves checking...
EXPORT COMPLIANCE What is Denied Party Screening? Denied party screening refers to the process of comparing names of customers, business partners, facility visitors, etc., against official watch lists of individuals and entities with whom it is...
EXPORT COMPLIANCE What is Export Compliance? Governments and international bodies maintain regulations and rules governing all export activities within their jurisdictions. Export compliance, therefore, refers to the act of complying with these...
USMCA FAQs USMCA - Impact on the Chemical Industry Changes to the Chemical Industry Changes affecting the chemical industry come in the form of updated rules of origin requirements. These requirements have been made clearer and more transparent. Many...
USMCA FAQs USMCA - Impact on the Agricultural Industry Changes to the Agricultural Industry The agricultural industry received several substantial changes with the updated USMCA. The most notable is a strong benefit to U.S. dairy farmers who will...
USMCA FAQs USMCA - Impact on the Automotive Industry Changes to the Automotive Industry While the overall greatest number of changes in the USMCA largely update digital trade, labor, the environment, transparency, financial services, and currency...
USMCA FAQs What Is the USMCA and its Impact? What is the impact of the USMCA on North America? In 2016, a multi-year process to update the North American Free Trade Agreement (NAFTA) began and after multiple rounds of negotiations and revisions, a...
CBSA Assessment and Revenue Management FAQs What Are the CBSA CARM Releases and What is a CBSA Commercial Accounting Declaration (CAD)? Many in the Canadian customs industry are monitoring the CBSA CARM program. The initiative which transforms how...
IMPORT COMPLIANCE FAQs What are Free Trade Agreements? As the name suggests, a free trade agreement is an agreement between two or more countries that creates a free trade zone. A free trade zone involves loosening international trade restrictions...
IMPORT COMPLIANCE FAQs What is a Customs Duty? Customs duties are charges levied on goods when they cross international borders. Customs duties are charged by special authorities and bodies created by local governments and are meant to protect local...
IMPORT COMPLIANCE FAQs What is an HTS Code? HTS (Harmonized Tariff Schedule) Codes are a system for classifying products and goods being imported into the United States. They are administered by the U.S. International Trade Commission (ITC), and are...
IMPORT COMPLIANCE FAQs What is Landed Cost? Landed cost is the total cost that must be paid for a good or item being imported into the country. It includes the cost of shipping, as well as compliance-related costs such as duties, taxes, and fees...
IMPORT COMPLIANCE FAQs What is Import Compliance? It is up to the importer of record to ensure they are accurately classifying their products, proactively applying for licenses, and correctly calculating duties. Each country, and even some regional...
TRANSPORTATION MANAGEMENT FAQs What is freight broker software? It’s a type of transportation management software designed to streamline operations for freight brokers by allowing them to easily enter loads, source/qualify carriers, handle dispatch...
TRANSPORTATION MANAGEMENT FAQs What is supply chain visibility? Supply chain visibility is the ability to track the progress of your products throughout their lifespan, as they travel from suppliers of raw materials to manufacturers producing...
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