Insights
Return to PublicationsGlobal Day of Action for Port Workers
July 13, 2016.
Logistics Publications
In a show of solidarity, on July 7, 2016, dockworkers in U.S. East, West & Gulf Coast ports as well as ports in Europe participated in the first ever “Global Day of Action”, which was an hour long work stoppage to highlight the dock workers safety and working conditions....
Brexit: A Brave New Global World?
July 07, 2016.
Trade Publications
The vote on June 23, 2016, known as Brexit to most, but what many hail as, “British Independence Day”, has left a vacuum of uncertainty and dissolution demonstrated by the plunging world markets and a decrease in the value of the British pound not seen in three decades. What...
Read MoreStates Attempt to Force Retailers’ Hands
June 29, 2016.
Tax Publications
As internet sales continue to increase each year, jurisdictions realize they are losing out on a major source of revenue in the form of sales tax. With the push from state and local governments increasing, the United States Senate has agreed to hold a vote in late 2016 on whether jurisdictions...
Read MoreSimplified Exemption Process for Nonprofit Organizations
June 29, 2016.
Tax Publications
New for 2016 and available in Florida is Form DR-5 (Application for a Consumer's Certificate of Exemption). This application is available on the Florida Department of Revenue’s website. It is intended to expedite the process for establishing whether companies are exempt from paying tax on purchases. Florida Exemption...
Read MoreSOLAS Update on Container Weight Requirement
June 28, 2016.
Logistics Publications
On July 1, 2016, the International Maritime Organization (IMO) will enact an amendment to the Safety of Life at Sea (SOLAS) Convention: Chapter VI, Part A, Regulation 2 – Cargo Information. This amendment establishes a mandatory container weight verification requirement that requires a loaded container to have a verified weight before being placed...
Read MoreThe Hidden Benefits of an FTZ
June 28, 2016.
Trade Publications
A Foreign Trade Zone (FTZ) is a geographical territory inside the United States that is considered outside the Customs territory of the US, whereby goods can be imported without entry processing and subsequent payment of duty and taxes. These zones, originally created during the depression to bolster foreign commerce...
Read MoreNo Duty, No Problem: How to Use the Tariff Concession System in Australia
June 28, 2016.
Trade Publications
When growing a successful business, knowing all available options to save money can be crucial to development and continued success. One program that all savvy importers in Australia should know is the Tariff Concession System (TCOs). Australian customs estimated that approximately $1.9 billion dollars in revenue was foregone through the use...
Read MoreResale Certificates: 101
June 27, 2016.
Tax Publications
Resale certificates can go by a number of different names: Reseller‘s Permit, Resale License, Resale Exemption Certificate, etc. Whatever name the document goes by, the function of it is to allow retailers to buy products without paying sales tax. Resale certificates cannot be used for...
Read MoreTen Ways the New Panama Canal May Affect Logistics
June 24, 2016.
Logistics Publications
June 26th, 2016 is a big day for the historic Panama Canal , which is the only waterway connecting the Pacific and Atlantic oceans in the western world. The canal has been undergoing an expansion project that will widen and deepen its capacity. June 26th marks its official re-opening...
The Least Cost Carrier Isn’t Always the Best Choice
June 06, 2016.
Logistics Publications
There are many types of shippers in the global marketplace. Those shippers who move freight with the carriers that provide them the most convenience, and those who forego convenience and service by choosing the least cost carrier whenever possible. In order to get the most value, consider these options...
Read MoreThe biggest Container Vessels Are on the Move
May 31, 2016.
Logistics Publications
Beginning in June, the French shipping line, CMA CGM, will provide its biggest vessels for ports between Asia and the USA. These vessels are some of the biggest vessels in the world and are designed with the latest technologies in order to provide more protection of the environment. A total...
The Giant AN-225 Lands in Prague
May 31, 2016.
Logistics Publications
Antonov AN-225 Mriya (Dream or Inspiration in English) with civil registration UR-82060 is the biggest aircraft ever built. The whole fuselage of Airbus A-320 can easily fit into its cargo hold. It is powered by six turbofan engines with a maximum takeoff weight of 640 tons (710 short tons). On August 11, 2009, the...