Exchange rates play a crucial role in the world of international trade. They play a huge role in determining the price of goods and services traded across borders. However, fluctuations in these rates can create significant challenges for exporters and importers. The...
As a business owner who sells products, you rely on your cargo being shipped around the country and beyond in an efficient manner. Your cargo needs to arrive on time and in one piece. Unfortunately, this doesn’t always happen, and cargo can be damaged during transit....
Litigation can be an incredibly effective tool when business disputes occur. You might just use the threat of it to encourage the other party to move back into line and fulfill their part of a contract. Or you might keep it in your back pocket, knowing that you can...
It can sometimes be an issue of trademark infringement if it appears that one business is trying to copy another. For instance, maybe that business has copied the name, the logo, the slogan, the jingle or some other protected mark. Even simply using a similar name...
Protecting your company's confidential information is probably a primary concern for you. However, safeguarding the essence of your business appearance and brand identity can be equally crucial. Trade dress infringement, which is the unauthorized copying of brand...
The U.S. Customs and Border Protection (CBP) works to protect Americans from harmful goods. Additionally, the department protects the intellectual property rights (IPRs) of American businesses. Illegitimate/counterfeited goods result in unfair competition. Further,...
Cargo loss or damage during shipping is a common concern for businesses and individuals globally. According to a recent report, thousands of containers are lost at sea each year, and cargo damage is a lingering issue. This can happen due to various reasons, including...
The U.S. Customs and Border Protection (CBP) can seize any product that appears to violate a customs law. Accordingly, any business owner may deal with CBP at some point. But how will you know your goods have been seized? You will receive a direct written notice of...
Customs seizures and detention can cause significant disruptions to the smooth flow of international trade, leading to delays, financial losses and damage to business relationships. To avoid these challenges, businesses engaged in cross-border shipping must implement...
The Food and Drug Administration (FDA) can prevent a product that appears to be contaminated, unsafe, misbranded or restricted from being sold in the U.S. The FDA can also seize an unapproved new drug or a product that appears to be manufactured, processed or packed...