US CBP Residue Pilot – Questions & Answers

Posted on May 23, 2013 by Integration Point Global Trade News Team

In April 2013, Integration Point hosted a webcast where three officials from US Customs & Border Protection (CBP) spoke about the upcoming Residue Pilot. During the course of the webcast, there were many questions from the audience that we were not able to cover.   The presenters have taken the time to answer those questions for us now, and the first of this series covers questions about the pilot program itself.  The full webcast can be viewed on-demand here.

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SBA Video Contest Proves Small Business are Making Big Strides in Export Growth

Posted on May 22, 2013 by Integration Point Global Trade News Team

During President Obama’s 2010 State of the Union Address, he announced the National Export Initiative as an effort to promote American exports. Here we are just a few years later with evidence that those efforts are paying off. In 2012, US exports hit an all-time record of $2.2 trillion and supported 9.8 million jobs.

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How Do You Celebrate World Trade Week?

Posted on May 17, 2013 by Integration Point Global Trade News Team

WorldTradeWeekImage2Next week, starting May 19th, marks the beginning of World Trade Week, officially proclaimed as a national observance by the US Government in 1935 by President Franklin Roosevelt. President Roosevelt selected the third week in May each year which includes May 22, National Maritime Day.

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How Do You Report Discounts When Using AES?

Posted on May 16, 2013 by Integration Point Global Trade News Team

A blog post from Global Reach, the official blog of the US Census Bureau’s Foreign Trade Division, discusses how to go about reporting discounts using the Automated Export System (AES). The post mentions that all discounts are not considered equal when it comes to reporting their value in AES. Value, as defined by the Foreign Trade Regulations (FTR), is the net selling price plus the inland or domestic freight cost, insurance and any other charges incurred to get the shipment to the US port of export.

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What Does Effective Export Management Mean to You?

Posted on May 14, 2013 by Integration Point Global Trade News Team

Companies that effectively manage their exports are able to deliver their goods to the shelves faster, leading to better overall customer satisfaction.

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Buy America & Buy American – Understanding the Differences & Knowing How to Leverage Each

Posted on May 10, 2013 by Integration Point Global Trade News Team

When sourcing items, either foreign or domestic, companies need to take into consideration if the goods qualify under either the Buy America Act or Buy American Act. It is easy to confuse the two; however, there are differentiators that are important to know in order to leverage either program to gain savings opportunities in sourcing practices.

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US Companies Reaping the Benefits of Importing and Exporting

Posted on May 9, 2013 by Integration Point Global Trade News Team

A recent National Association of Foreign-Trade Zones (NAFTZ) blog post highlights some of the key findings from a US Census Bureau Report – A Profile of US Importing and Exporting Companies, 2010 – 2011.

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2013 CEE Customer Satisfaction Survey – Results Are In!

Posted on May 7, 2013 by Integration Point Global Trade News Team

The results from the Centers of Excellence & Expertise (CEE) customer satisfaction survey are in.   The survey, which consisted of multiple-choice questions, was sent out to current CEE users as well as those who use the CEEs as a resource and those that will be associated with future CEEs.  According to the fact sheet created by US Customs & Border Protection (CBP), the results have provided important information about the performance and satisfaction of CBP’s management of CEE participating accounts and CBP’s interaction with current CEE non-participating accounts.

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How do US FTZs Attract Foreign Domestic Investment to the US?

Posted on May 1, 2013 by Integration Point Global Trade News Team

Mentioned in a recent blog post from National Association of Foreign-Trade Zones (NAFTZ) was an article from the just released 2013 edition of LocationUSA titled “US Foreign-Trade Zones (FTZs) attract foreign domestic investment (FDI) to the US”. The article was authored by NAFTZ President Dan Griswold and highlights many of the advantages to foreign-owned affiliates locating in an FTZ.

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How is Your Company Managing Exports?

Posted on April 19, 2013 by Integration Point Global Trade News Team

Export compliance requires proactive consideration and management of all pieces of the export process. Companies who have a tight grasp on effective export management benefit from their goods moving at a more rapid pace, arriving at their final destination with little to no interruptions.

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