What is a customs broker and why do you need one?

There’s no question that international trade can be difficult to master at first. There are important decisions that need to be made every step of the way — which International Commercial Terms (incoterms) to use, whether to ship by air freigh

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6 latest trends in wholesale distribution

Life as we knew it stopped in its tracks as the novel coronavirus spread across the world at the beginning of 2020.Supply chains were derailed as factories, warehouses and distribution centers shut down and production of many goods ceased. Profits were lo

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What is HS and HTS code?

What is HS Code and HTS Code?
HS and HTS Codes are widely used in the world of international trading. HS Code stands for Harmonized System Code and HTS Code stands for Harmonized Tariff Schedule Code.
HTS and HS Codes were both developed by the World Cus

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Local vs global sourcing: The pros and cons

When it comes to finding a supplier or manufacturer, you can source from local companies or you can go global. Both methods have their own pros and cons, so to help you understand the main differences between the two, we’re going to explain why you

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Delivered Duty Paid (DDP)

Here we’re reviewing the Incoterm “Delivered Duty Paid,” abbreviated as DDP.
What is the Incoterm “Delivered Duty Paid” (DDP)?
A Delivered Duty Paid (DDP) shipping agreement is the Incoterm that places the maximum obligations

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