Customs

5 articles

3 Ways a New Customs Agreement Makes it Easier to Meet Global Demand

The new TFA is changing the way goods cross borders and move around the world.
Laura Lane | UPS

The newly minted Trade Facilitation Agreement (TFA) is a game-changer for the way goods cross borders and move around the world. At UPS, the seamless movement of packages is our lifeblood — so we are excited by this World Trade Organization (WTO) agreement, which ushers in a new global framework of rules that make trade […]

Five Ways Aerospace Companies Can Fly Through Customs

How to manage risk and trade with confidence.
Bill Ansley | UPS

Aerospace manufacturers and distributors who move shipments across international borders face an often-complicated, high-stakes process as they navigate export rules and local customs regulations. Fines for non-compliance can amount to millions of dollars. That makes understanding guidelines a vital business priority. For some companies, the hassles associated with customs can dissuade them from expanding into […]

Seizing is Believing

A look at opportunities in cross-border trade
Jim Barber | UPS

According to the U.S. Department of Commerce, only 1 percent of U.S. companies are seeking new business opportunities beyond our borders. Given the benefits of trade to businesses large and small in an increasingly connected world, it is logical to ask why so few U.S. companies are involved in cross-border trade. It’s possible that some […]

The Power of Customs Modernization

How efficient customs clearance can open the doors for easier global trade.
Norm Schenk | UPS

Manufacturers that trade on a global scale face significant customs clearance obstacles. Until we break these barriers, companies will miss valuable growth opportunities that are enabled by advancements in technology and ecommerce. We need modern, coordinated border-clearance processes that facilitate the flow of international shipments. We can achieve that if exporters and importers advocate for […]

India vs. Customs Reform — What happens next?

Geethanjali Nataraj | Observer Research Foundation

Richa Sekhani | Observer Research Foundation

India has played the spoiler by refusing to sign the global agreement on trade facilitation agreed to at the Bali Ministerial of the World Trade Organisation in December 2013. The signing of the agreement would have resulted in the first global trade reform agreement in the history of the WTO. The Trade Facilitation Agreement aims […]