E-Commerce Shifts and the De Minimis Rule
FCA vs FOB Incoterms: Who Pays the Origin Charges?
In the last decade alone, the world has made a dramatic shift over to technology and the internet. For generations, we were intent on visiting stores and buying products in a face-to-face transaction. In 2017, it is widely expected for CBP to process $2.5 trillion worth of goods in trade. With smartphones, tablets, computers, and […]
Recently, I worked on a bid for a Fortune 100 company within the technology industry. Instantly, I realized they had the bid template listed with the Incoterms of FCA Suzhou. According to ICC 2010, the shipper bears the responsibility for getting the cargo to the named FCA location. However, there is no legislation regarding origin […]