Global Trade Success

Presidential Trade Proclamation Signed to Implement the U.S.-Colombia Trade Agreement

Caroline — Fri, 18 May 2012 18:05:15 +0000

On May 14, 2012, President Obama signed the presidential proclamation that put the United States-Colombia free trade agreement into force. Designed to promote the flow of certain goods and services between the countries, the free trade agreement was years in the making.

According to the Office of the US Trade Representative (USTR), the tariff reductions in the Agreement will expand exports of US goods alone by more than $1.1 billion, supporting thousands of additional American jobs. The International Trade Commission also projected that the Agreement will increase US GDP by $2.5 billion. The Agreement will remove significant barriers to US goods from entering Colombia’s market, as over 80 percent of US exports of consumer and industrial products to Colombia will become duty free immediately, with remaining tariffs phased out over the next 10 years.

Because the agreement specifies changes in rules of origin and HS codes, Amber Road was anticipating the formalization with the necessary updates to its extensive body of trade content, known as Global Knowledge^®. Amber Road’s trade specialists constantly monitor government information feeds from around the world to ensure that the Global Knowledge^® database is kept current as trade regulations change.

In fact, the US-Colombia FTA is affecting 20,681 HS codes and 858 rules of origin. Amber Road’s customers will see these changes within 24 hours of the effective date of the agreement. No other vendor in the industry provides that level of service when it comes to trade content.

You can read the full press release here. To learn how Amber Road can help your company realize the benefits of an FTA program, check out our Trade Agreement Management brochure.

Twitter Weekly Updates for 2012-05-06

Mon, 07 May 2012 04:00:00 +0000

Trade Compliance Blog: Survey of Mid-Market Companies Highlights Good News/Bad News… http://t.co/LcnQDkLD #in #customs #trade #compliance #

Survey of Mid-Market Companies Highlights Good News/Bad News for U.S. Exporters

Caroline — Tue, 01 May 2012 14:55:20 +0000

A new white paper released today by Amber Road found that mid-market companies are increasingly at risk for violating U.S. export regulations. This is especially concerning because U.S. export volumes are on the rise. According to a recent U.S. Bureau of Economic Analysis report, U.S. exports grew 7.7% from January 2011 to January 2012.

Amber Road surveyed 150 mid-market companies about their export compliance processes. They found that 23% do not screen for restricted parties prior to engaging with trading partners and customers, and only 41% have a comprehensive export compliance program in place. Not surprisingly, survey respondents pointed to a lack of executive sponsorship as a primary reason for their companies’ trade compliance deficiencies.

To learn more, read the full press release, or download a copy of the white paper.

Twitter Weekly Updates for 2012-04-29

Mon, 30 Apr 2012 04:00:00 +0000

Scott Byrnes of Amber Road shares "10 Tips for Importers" with Inbound Logistics. Check it out: http://t.co/9TS57dgJ #

Twitter Weekly Updates for 2012-04-22

Mon, 23 Apr 2012 04:00:00 +0000

We have a new report available from American Shipper: #GlobalTradeManagement Landscape: A Holistic View. Check it out: http://t.co/VNu2UPto #
Next week we'll be at the SCOPE Spring Conf., and the marcusevans #TradeCompliance Conf. If you'll be at either be sure to come and find us! #
I created a professional profile on http://t.co/8FJSStv4! Check out my profile http://t.co/OfORoriR #

Twitter Weekly Updates for 2012-04-15

Mon, 16 Apr 2012 04:00:00 +0000

Live in Germany, the UK, Switzerland, or the Netherlands? Join Amber Road for one of our free #compliance seminars: http://t.co/RWPCLNSr #

Twitter Weekly Updates for 2012-04-08

Mon, 09 Apr 2012 04:00:00 +0000

Amber Road's very own Anthony Hardenburgh is featured in Inbound Logistics, discussing recent changes to the Incoterms: http://t.co/9kKkKZOx #

Twitter Weekly Updates for 2012-04-01

Mon, 02 Apr 2012 04:00:00 +0000

Still time to register for Thursday's webinar, "Linking #SupplyChain Transformation to the Profit & Loss Statement" http://t.co/g9YU1sES #
New ITM Blog Post: UPCOMING WEBINAR: Linking Supply Chain Transformation to the Profit & Loss Statement http://t.co/WBwybi9W #
Be sure to register for tomorrow's free webinar, "#ExportReform Update – Focusing on the 'Four Singles'" http://t.co/ozdF32BL #in #
Did you miss our webinar on "Linking #SupplyChain Transformation to the P&L Statement”? Good news – it's now on-demand! http://t.co/7GrqkOxR #

Twitter Weekly Updates for 2012-03-25

Mon, 26 Mar 2012 04:00:00 +0000

Have you stopped by Amber Road's booth yet at #ICPA We're raffling of a new iPad.. you can't win if you don't enter! #tradecompliance #
International TMS Blog: Download New Expert eBook on NVOCC Profit Optimization http://t.co/zp5KEHEz #
New ITM Blog Post: Download New Expert eBook on NVOCC Profit Optimization http://t.co/76r7E1qI #
Trade Compliance Blog: British Businessman Extradited to the U.S. to Face Export Vi… http://t.co/aVKSwPdY #in #customs #trade #compliance #
Final day to stop by our booth at #ICPA Come say hi! #

Twitter Weekly Updates for 2012-03-18

Mon, 19 Mar 2012 04:00:00 +0000

New AberdeenGroup report: Supply Chain Visibility Excellence: Mastering Complexity and Landed Costs. Download your free copy today…. #
New AberdeenGroup report: SCV Excellence: Mastering Complexity and Landed Costs. Download your free copy today. http://t.co/Zj3Kiuq7 #
Trade Agreements Blog: New Trade Enforcement Agency Established http://t.co/fCBmr4iA #tradeagreements #trade #freetrade #in #
Trade Compliance Blog: New Trade Enforcement Agency Established http://t.co/Cny2akfu #in #customs #trade #compliance #
New SCV Blog Post: New AberdeenGroup Report Supply Chain Visibility Excellence: Mastering Complexity and Landed Cos… http://t.co/Ey7nPEsQ #
One week away from the 2012 #ICPA Annual Conference in Atlanta. Be sure to visit Amber Road at booth 145! #
Trade Compliance Blog: US–South Korea FTA Goes into Effect Tomorrow! http://t.co/3BixcUOO #in #customs #trade #compliance #
Trade Agreements Blog: US–South Korea FTA Goes into Effect Tomorrow! http://t.co/gEaXwqR9 #tradeagreements #trade #freetrade #in #
New iPad goes on sale Friday. Instead of standing in line at midnight to get one, visit Amber Road at #ICPA & enter our raffle to win one! #
Check out Amber Road's new eBook on NVOCC Profit Optimization: http://t.co/WommARat #
Can't wait for #ICPA Annual Conference to start? Read one of our #tradecompliance whitepapers to hold you over! http://t.co/Kw8vbwIX #
Currently 73 and sunny in Atlanta. Should be a great #ICPA conference! Don't forget to visit Amber Road at booth 145 (might win an iPad!) #
Visit our Events Calendar to see full list of conferences and webinars you can catch us at! http://t.co/FTdji6Je #tradecompliance .. #
Our software keeps you out of this hardware. Come see us at booth 145 at #ICPA to pick up one of our awesome keychains! http://t.co/Wz2R4DSN #