Understanding Incoterms 2020

Want to avoid costly disputes and misunderstandings in sales contracts? Sign up for the “UNDERSTANDING INCOTERMS 2020” seminar on December 18 (Wednesday), 2019 at…

Regulating foreign carriers’ charges among PCCI’s transport wish list

The Philippine Chamber of Commerce and Industry (PCCI) is supporting moves to regulate local charges imposed by international shipping lines operating in the Philippines.…

House bills propose standardization of foreign carriers’ charges

Two bills have been filed in the Lower House seeking to regulate and standardize local charges imposed by foreign shipping lines operating in the…

The Trade Compliance Profession

Except for a brief stint in government, I have been in the trade compliance profession for more than 15 years. In all those years,…

More opportunities await customs brokers as supply chain practitioners

Customs brokers can expand their expertise by scaling up to become supply chain professionals, enabling them to provide value-added service to clients at the…

Import/Export Management: What You Need to Know (Part 2)

(Last of a two-part column. For the first part, click here.) Study Incoterms 2010*. International Commercial Terms (Incoterms) provides the international standard for international sales…

5 Common Customs Mistakes of Importers

Unless you are buying a one-off low value item online, buying offshore for regular importers and for high-value goods is a complex affair. Ordering…

Customs Modernization and Tariff Act Series 6: Titles IV and V (Import and Export Clearance)

Series 1, click here. Series 2, click here. Series 3, click here. Series 4, click here. Series 5, click here Title IV of the Customs Modernization and…

International Trade Arrangements

LAST Friday, we were invited to speak at the two-day conference of the Supply Chain Management Association of the Philippines (SCMAP) held at EDSA…

Understanding INCOTERMS 2000

INTERNATIONAL Commercial Terms (INCOTERMS) play a very important role in international trade. As transactions among buyers and sellers across international borders continue to grow…