Allyn Publications

Federal and State Taxing Authorities Provide Tax Relief for Taxpayers Affected by Hurricane Irma

Posted on September 18, 2017. Category: Tax Publications

On Sunday, September 10, 2017, Category 3 Hurricane Irma slammed into the state of Florida causing severe flooding, property damage, and disablement of infrastructure. Allyn International, headquartered in Fort Myers, Florida was able to continue business fully operational due to our business continuity preparations, backup systems, dedicated personnel, and high-capacity generators, allowing us to continue servicing our clients without interruption the day following the storm. However, many of the individuals and businesses impacted by the storm continue to be inactive as they are impeded by Irma’s fallout, with thousands still lacking power and communication services.The federal government along with certain... Read More

Hurricane Irma Update

Posted on September 08, 2017. Category: Logistics PublicationsTax PublicationsTrade Publications

Hurricane Irma is currently a category 4 hurricane that is expected to impact Florida over the weekend.This large powerful storm will cause supply chain disruptions over the next few days, and longer depending on the amount of damage sustained by the area.As of now cargo airline operations out of Miami and Ft. Lauderdale will be closed through Monday.The U.S. Coast Guard currently expects the closures of Port Miami and Port Everglades Saturday.Please check in at for the latest on Hurricane Irma. Furthermore, if you have questions about freight that is moving to or... Read More

Understanding and Mitigating the High Risk of Intellectual Property Rights

Posted on September 06, 2017. Category: Trade Publications

Intellectual property, a conception of creative ideas, can include designs, phrases, and symbols that characterize specific companies and are protected by laws in the form of intellectual property rights. These rights include copyrights, trademarks, trade secrets, and patents that not only serve as a huge part of company revenue but also provide a competitive advantage in the form of monopolies. Because of the value of intellectual property, theft in the form of counterfeiting, exposure of trade secrets, and piracy is a real and probable threat. It is crucial for companies to develop thorough programs to protect these assets at all... Read More

Bigger May Not Be Better

Posted on September 04, 2017. Category: Logistics Publications

With the global container volume being reported as growing faster than it has in six years, optimism is high in the industry. According to London based shipping analyst, Drewry, most of the growth is from major east-west trades, where volumes are up 6 percent from this time last year. Asia-Mediterranean routes are up almost 10 percent and Asia-north Europe volume is up 4 percent. Drewry gathered statistics from 150 sites around the world and announced that container handling grew by 6.6 percent in the first half of this year.Earlier this year Drewry predicted an operating profit of $1.5 billion for the container shipping industry but,... Read More

Impact of High Speed Rail on Logistics in China

Posted on September 01, 2017. Category: Logistics Publications

With the rapid expansion of high-speed railway (HSR) in China, railways gradually speed up and bridge the speed gap between railway and civil aviation, thus, impose a great impact on the logistical competitiveness of civil aviation. High-speed rail service in China was introduced April 18, 2007, and has become immensely popular. With ridership exceeding 1.44 billion in 2016, China's HSR service was the most heavily used in the world. The advent of HSR has had a transformative impact on Chinese society and economy, including logistics. One example is on the supply chain of food. The rapid expansion of high-speed rail could significantly boost... Read More

Hurricane Harvey Update

Posted on August 31, 2017. Category: Logistics Publications

The impact of Hurricane Harvey on the Houston area continues to be felt. There is still flooding in Texas and Louisiana, and it should continue for the rest of the week.Houston’s two main airports Bush Intercontinental Airport (IAH) and Hobby (HOU) opened at 4 p.m. Wednesday 8/30, but flights are still somewhat limited.The ports of Galveston and Freeport reopened Thursday 8/31.All Port of Houston facilities are also closed, as is the port of Corpus Christi. They remain closed for damage assessments of the shipping channels and hope to be operational later this week.If you have any... Read More

NASCAR and Logistics

Posted on August 30, 2017. Category: Logistics Publications

The National Association of Stock Car Racing (NASCAR), hailed by many fans as not only an interest but a lifestyle as well, can be a nightmare in the world of logistics. To the casual fan, the logistics of bringing a race car to the track is simple: the team loads the racecar, the truck driver heads to the racetrack, rinse and repeat. Sadly, this process is overlooked by the majority of fans. We know these haulers exist, as it is a monumental moment when they pass us on the highway. Every fan knows that inside that hauler, there is an 85... Read More

SEC Tosses Up a Change in Conflict Minerals Rule Compliance

Posted on August 28, 2017. Category: Trade Publications

On April 3, 2017, the U.S. Securities and Exchange Commission (SEC) announced it would not recommend enforcement action for companies that disclose, but do not further investigate the usage of conflict minerals which may be from the Democratic Republic of Congo (DRC). According to the National Association of Corporate Directors, “Before the SEC announced their new ruling, companies that manufacture or contract to manufacture products using such minerals had previously been required to conduct extensive due diligence on its supply chain and make this diligence publicly known with a note that its products contained minerals which “have not been... Read More

Multistate Tax Commission Offers Unprecedented Tax Amnesty Program for Online Sellers

Posted on August 24, 2017. Category: Tax Publications

The Multistate Tax Commission (MTC) is currently offering a limited time voluntary disclosure initiative for online sellers who have sales/use or income/franchise tax liabilities triggered by the utilization of online marketplace providers. Numerous tax experts have voiced their concern that these liabilities are large enough to cause immense financial damage or even bankruptcy for the businesses that have incurred them. In many states, sellers who utilize online marketplace providers (the most common provider being Amazon) have established nexus. Nexus is a sufficient connection with a taxing jurisdiction that triggers tax collection and remittance responsibilities. While Nexus due to... Read More

Cargo Theft - Tips to Reduce Your Risk

Posted on August 22, 2017. Category: Logistics PublicationsTrade Publications

Believe it or not, cargo theft is a multi-billion dollar problem every year for shippers and carriers. According to the Federal Bureau of Investigation, that number also continues to grow. Thieves are drawn to the fact that trucks and warehouses can contain very expensive goods, producing high returns for fairly low-risk operations. Buyers always exist for these goods because people rarely ask questions when receiving a highly profitable deal. In addition, the ability to sell items over the internet allows for speedy transactions, concealed identities, and unsubstantiated information regarding the origin of the goods.So what should you be doing... Read More

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