Importing

The ICC & Incoterms The International Chamber of Commerce is an organization responsible for policy advocacy, standard setting, and arbitration of disputes of commerce on an international level. One of the sets…

By estimates, Americans purchase some 51 billion water bottles per year. That is nearly 1 billion per week! Of that number, around 25 % are being recycled. Imagine a water bottle filled…

For the past seven months, the International Longshore and Warehouse Union, which represents 20,000 dockworkers at the ports along the West Coast of the U.S., including Los Angeles, Long Beach, San Diego,…

Although some people use the terms “procurement” and “sourcing” interchangeably, they actually refer to different aspects of the same part of your business. Procurement and sourcing are two distinct approaches to buying…

Last week, one of our customers asked us to contact a supplier they found on a well known Chinese ecommerce site. They had found a product they liked and wanted us to…

Several years ago, U.S. Customs instituted the Importer Security Filing requirement, where all importers have to file a set of data about their shipment that includes the shipper name and loading details…

The December Newsletter is now out at: https://www.mgtrading.com/Newsletter-December-2011-China-Business.htm.  Here’s the main article: Going Door to Door In the past we’ve provided our quotes CIF (cost, insurance and freight) to the major customs…