Dubai’s DP World Acquires Canadian Terminal Fraser Surrey Docks

July 30, 2019.
Logistics Publications

A great project is in the making with steady steps towards evolution and practical implementation. DP World, one of the world’s largest port operators, said on May 9th, 2019 it has agreed to buy Canadian marine terminal Fraser Surrey Docks from a Macquarie Group fund. Fraser Surrey Docks...

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Internal Audit to Meet New AEO Regulations

July 24, 2019.
Logistics Publications

China Customs Authorized Economic Operator (AEO) is a concept under the World Customs Organization (WCO) SAFE Framework of Standards to Secure and Facilitate Global Trade (SAFE Framework). It represents a Customs-to-Business partnership to enhance international supply chain security and facilitate movement of legitimate goods. In November 2018, China Customs published no. 177...

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Section 301 Exclusions

July 22, 2019.
Trade Publications

As of July 6th, 2019, the Federal Register listed additional exclusions for the 301 tariffs as issued by the U.S Trade Representatives Office. The lists cover 362 separate exclusions, correlating to 117 unique HTS codes.   Refunds can be collected for goods previously entered for consumption or withdrawn from warehouse for consumption on...

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12 MONTHS OF TARIFFS

July 17, 2019.
Trade Publications

Over a year after Section 301 and Section 232 tariffs were introduced, changes, mainly increases, in the tariffs are still being introduced and discussed regularly. Section 301 Update In early May 2019, President Trump released a series of tweets threatening significant tariff hikes that would go into effect later that week on May 10th, 2019....

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IOT - Transforming the Logistics Industry

July 03, 2019.
Logistics Publications

In today’s fast-paced economy, the revolutionization of technology is a vital component of the logistics industry. The Internet of Things (IOT) is a device that allows for collaboration with other devices via the internet to transfer data without the need for human-to-human interaction. IOT aids in the ability...

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Section 301 News: List 4 Suspended

July 01, 2019.
Trade Publications

President Trump announced on June 29 that he will hold off on imposing additional tariffs on goods from China. As a result, for the time being, the items on list 4 will not face any additional customs duties. As the U.S. and China continue to work towards a permanent solution, this...

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Take Back What's Yours

June 20, 2019.
Tax Publications

Performing a reverse tax audit can be a rewarding way for companies to identify and recover overpaid sales and use taxes. The word “audit” may be received with negative feelings within some companies and perhaps reflected upon with frustration and avoidance. Nobody likes the idea of having to...

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Snack Time or Tax Time?

June 19, 2019.
Tax Publications

Most states do not impose sales tax on the purchase of grocery items. However, items that are considered sold for on-premises or for immediate consumption are generally taxable items. The following chart depicts a list of states that charge tax on grocery purchases: Alabama, Arkansas, Hawaii, Idaho, Illinois, Kansas, Maryland,...

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What's Next for LTL?

June 16, 2019.
Logistics Publications

There are pros and cons when using LTL as a shipping mode. Perhaps the simplest way to look at it is from a time vs. money perspective. Shipping via LTL is much cheaper than the full-truckload (FTL) alternative, but you sacrifice visibility and timeliness. Several indicators show that LTL is...

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What the IMO 2020 Entails

June 15, 2019.
Logistics Publications

The shipping industry has 11 months until the International Maritime Organization's Sulfur Regulations, commonly referred to as IMO 2020, takes effect.   The shipping industry is one of the greatest contributors to pollution and carbon emissions on the planet. IMO 2020 will limit the sulfur content of ships’ oil and...

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The Need for Cargo Insurance

June 14, 2019.
Logistics Publications

Carriers do not guarantee the safe delivery of cargo. There is always the possibility that cargo will be damaged during the transportation process.  To make things worse, the carrier may not be responsible for the cargo loss or damage by the terms of the contract or as a matter...

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Self-Driving Truck Company, TuSimple to Haul Mail for USPS

June 14, 2019.
Logistics Publications

Self-driving truck company TuSimple has been awarded a contract from the U.S. Postal Service to preform five round trips between their Phoenix, AZ and Dallas, TX distribution centers. This contract is supposed to take place over a two-week pilot program. The first run began on May 21, 2019 and is a...

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