10 Reasons to Export your Goods
Some years ago, I was asked to put together a list of reasons why companies should be exporting their goods. I recently came across that article, and after revisiting it in the context of today’s global trade environment, I’m convinced it’s more relevant than ever. The fundamentals of exporting haven’t changed — the opportunity is […]
US closing in on Saudi Arabia to become top global oil exporter
Interesting article posted today by CNBC regarding the world’s top oil exporters. Read on to see how US is challenging Saudi Arabia for the top spot. The International Energy Agency (IEA) expects the U.S. to challenge Saudi Arabia’s position as the world’s leading oil exporter, after briefly overtaking the OPEC kingpin to claim the number one spot earlier this year. […]
What if the Spotted Lanternfly reaches the PA Grand Canyon?
I was hiking recently at the Pennsylvania Grand Canyon, and I was thinking about how it relates to international shipping. A few things came to mind. First, we must address the people that did not know PA had a Grand Canyon. It really is not a canyon, but a deep river gorge cut through some […]
Incoterms 2020 and the Future of Trade—From Earth to Outer Space
Today’s subject: Incoterms 2020. Exciting stuff, right? If you’re involved in international trade, you should know and be comfortable with Incoterms. These internationally recognized commercial terms play a key role in global business by defining the responsibilities of buyers and sellers in cross-border transactions. In short, they help determine who is responsible for what—from shipping […]
India Issues New Rules for All Inbound & Outbound Ocean Freight Cargo
There is a new regulation introduced by the Government of India for all shipments arriving into India with effective date of August 1, 2019. This new regulation is called The Sea Cargo Manifest & Transshipment Regulation (SCMT). The intent of this regulation is: Also, the Sea Arrival Manifest (SAM) is replacing the current Import General […]
GDPR (General Data Protection Regulation) Policy and Procedures
GDPR (General Data Protection Regulation) goes into effect May 25, 2018. Per European Union (EU) regulations, new data protection laws are being introduced in order to protect the personal data of individuals living in the EU. It is a modernization of data protection laws drawn up in 1995, before mass internet adoption, email and google […]
US Truck Shortage – Jade Intl
If you’ve noticed it’s harder to lock down a truck, or that your domestic shipping timelines have stretched—you’re not imagining it. The U.S. is facing a persistent and growing truck driver shortage that is affecting freight management across the board, from port pickups to final-mile delivery. At Jade International, we work closely with importers, exporters, […]