Typhoon In-Fa hits East China
August 02, 2021.
Logistics Publications, Trade Publications
Recently, East China's Zhejiang Province upgraded its emergency response to Typhoon In-Fa to the highest Level I from July 24, Saturday at noon. Shanghai maintained the second-highest level of warning against typhoon and the third-highest level of warning against rainstorms on Sunday since issuing the alerts on Saturday afternoon. The...
Read MoreThe Importance of Export Screening
July 15, 2021.
Logistics Publications, Trade Publications
U.S. Exporters must comply with all U.S. export regulations regardless of the volume or value their exports. A major component of U.S. export law is Restricted Party Screening, also known as Denied Party Screening. The U.S Departments of State, Commerce and Treasury as well as other...
Read MoreEU VAT Changes for 2021
June 24, 2021.
Trade Publications
Starting July 1, 2021, the European Union (EU) is changing its Value-Added Tax (VAT) rules. The prevalent changes will mostly impact online business to customer sales. These changes should simplify the import process for items purchased online. The changes are as follows: Low Value Exemptions: Previously, buyers in the EU were exempt...
Read MoreChina Removes VAT Rebate on Certain Steel Exports
June 21, 2021.
Logistics Publications, Trade Publications
China Removes VAT Rebate on Certain Steel Exports Effective May 1, 2021, a 13% VAT rebate no longer applies to many steel products upon their exportation from China. 146 products are impacted by these new regulations, including but not limited to pig iron, seamless and ERW pipes, wired rods, rebar, alloy, and stainless bards...
Read MoreImportance of Data Accuracy
May 24, 2021.
Logistics Publications, Trade Publications
Businesses rely on data to make important and costly decisions. Logistic business decisions rely upon available data. While much attention is given to the outcome or presentation of these decisions, how much attention is given to the creation of the data used? Where does the stream of...
Read MoreAt a Glance: Q2 2021 Logistics Bulletin Summary & Outlook
May 17, 2021.
Logistics Publications, Trade Publications
Air Global air volume, measured in CTKs, reached an all-time high in March. Volume is likely to continue increasing throughout 2021 based on market indicators. (1) Air cargo capacity is slowly returning to the market when compared YoY but is still behind 2019 levels by 12%. The supply of capacity can’t meet...
Read More7 Excel Productivity Hacks You Need to Know
May 17, 2021.
Logistics Publications, Tax Publications, Trade Publications
Microsoft Excel is a key software that is especially relied upon by tax professionals who, despite seeing excellent innovations in tax technology in recent years, still rely upon Excel heavily to conduct their duties. This article from Allyn Tax’s business analyst team identifies some helpful tips and tricks...
Read MoreEgyptian Authorities: Claims for the Changci Reduced to US$ 600 million
May 11, 2021.
Logistics Publications, Trade Publications
According to the report from Shipping Network on May 10, the Suez Canal Authority proposed that the authority would cut its owner’s claim by one-third for the container ship Ever Given that blocked the Suez Canal for nearly a week. The 400-meter-long ship is owned by Shoei Kisen Kaisha...
Read MoreDoes Working at Home Work For You?
May 05, 2021.
Logistics Publications, Tax Publications, Trade Publications
It has been just over one year of working remotely due to the Covid-19 pandemic and while some find themselves wondering how they ever functioned outside the comfort of their homes, others are itching to be back in the office. While you may feel a certain way about your work...
Read MoreThe RFQ Story
April 29, 2021.
Logistics Publications, Trade Publications
RFQ…. Many of you are familiar with the acronym RFQ. A request for quote (RFQ) is a process in which a company selects certain suppliers and contractors to submit price quotes and bids for the chance to fulfill specific tasks or projects, like the movement...
Read MoreNormas Oficial Mexicana (NOM): What, When & Why?
April 26, 2021.
Trade Publications
What is NOM Certification? The Norma Oficial Mexicana (NOM) certification is a set of technical regulations and standards required by the Mexican government that spans many different industries. As a product enters Mexico it is assigned a “fraccion arancelaria” (Tariff / HTS Code), based on which a NOM will...
Read MoreMyanmar Sanctions
April 14, 2021.
Trade Publications
In 1990, significant sanctions were put in place by the U.S. government against Myanmar, also called Burma, in response to the actions of Myanmar’s ruling military junta, the State Peace and Development Council (SPDC). For decades,...
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