Insights
Return to PublicationsWTO Approves Additional Tariffs on EU Aircraft
December 17, 2019.
Trade Publications
A trade battle that has spanned over a decade, the United States has been given the OK from the World Trade Organization to impose tariffs on European made aircraft. The main target is the aircraft manufacturer Airbus, the biggest competitor of the United States aircraft manufacturer Boeing. The United States...
Read MoreSection 301 Tariff Update
December 16, 2019.
Trade Publications
On December 13th President Trump reduced and suspended tariff changes that were due to take place on December 15th. The other 301 tariff lists are to remain at the current rate that they are in and will not be changed. The list 4b which includes all goods that were...
Read MoreMaersk Line Changes for 2020
December 16, 2019.
Logistics Publications
Maersk Line, one of the largest container shipping companies in the world, has announced they will stop buying vessels (for now) and plan on expanding their scope to inland services (warehouses/customs house clearing services) as part of their long-term growth. They are already three years into this venture and...
Read MoreThe Future is 5G
December 12, 2019.
Logistics Publications
As major telecom equipment manufacturers begin the next phase of 5G cellular network testing, companies need to be aware of the new technology’s effects on logistical and procurement work environments. 5G is a new telecommunication standard that takes advantage of newly allocated wireless frequencies - providing much higher...
Read MoreAirfreight - A Key Indicator of Economic Activity
December 11, 2019.
Logistics Publications
Economic activity and airfreight development are closely intertwined. Logistics executives closely follow the development of airfreight trends to manage and plan supply chain strategies, as do economists and market analysts - because airfreight trends are a key indicator of economic activity overall. By researching the global airfreight trends, we can...
Read MoreSimply SIMI – Importing in Argentina
December 10, 2019.
Logistics Publications
For those with experience exporting goods to Argentina, you may know all too well how challenging customs clearance can be with the required prior approval by the Administración Federal de Ingresos Públicos (Argentine Tax and Customs Authority). Fortunately, a new system, SIMI, has been developed to...
Read MoreSimplifying Incoterms 2020
December 10, 2019.
Logistics Publications, Trade Publications
International commercial terms (incoterms), are the guidelines for global trade around the world. To provide clarity in the contractual flow, we must understand the incoterms that are being used in the contract between the buyer and the seller for each transaction. Correctly understood incoterms ensure a smoother and effective process....
Read MoreFREE MONEY! UNCLAIMED PROPERTY
December 09, 2019.
Tax Publications
Unclaimed Property (also known as abandoned or escheat property) is exactly that – money or tangible assets that belong to you, but are viewed as “abandoned” because there has been no activity or contact with you by the holder for one year or longer. There are...
Read MoreLast Mile Deliveries
December 06, 2019.
Logistics Publications
In this era of online shopping, consumers are wanting their deliveries faster and faster. Companies that are selling goods directly to individual consumers simply cannot be competitive unless they can deliver said goods in a timely fashion. Companies like FedEx, UPS, and now Amazon can ship almost anywhere in the...
Read MoreLatest Tariff News
December 05, 2019.
Logistics Publications, Trade Publications
On Monday December 2, President Trump advised that his administration is considering tariffs as high as 100% on French goods in retaliation for a new Tax on digital services, greatly impacting U.S technology companies. The office of the U.S. Trade Representative deemed the tax discriminatory against U.S. companies. The...
Read MoreLogistic Challenges in India
December 03, 2019.
Logistics Publications
Due to Trump-era tariffs, many manufacturers are exploring options for their supply chains. India is a low-cost country alternative, however, there are some challenges regarding logistics that need to be reviewed in detail. Ground transportation accounts for 65% of intra-India cargo movement according to the National Highways Authority of India. ...
Read MoreSection 301 News: Progress on Trade Talks
October 14, 2019.
Trade Publications
After negotiations last, week the U.S. and China have agreed on the first steps to de-escalate the trade war. The results of this talks are the following: Lists 1, 2, and 3 will not increase to 30% on October 15th, 2019 but will stay at 25%. As of right now, list 4B is still...
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