Organizational Restructure of the Panama Canal

Posted on January 11, 2021. Category: Logistics Publications

Although the Panama Canal is mainly known for its role in allowing the passage of ships between the Atlantic and Pacific oceans, it is also responsible for providing 95% of the region’s drinking water. In recent years, however, both functions of the canal are being threatened by new weather phenomena triggered by climate change. As the Canal’s administration struggles with water conservation management, the global pandemic continues. For the Panama Canal, COVID-19 has highlighted the importance of artificial intelligence and data analysis technology in developing strategies for revenue management based on real-time information.Spurred on by global...

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Alabama Tax Relief- Hurricane Zeta

Posted on January 07, 2021. Category: Tax Publications

Who is impacted and what are the Benefits?The Alabama Department of Revenue announced January 5, 2021 that tax relief is available for businesses and individuals residing in 7 different Alabama counties if they were impacted by Hurricane Zeta. These are areas identified by the Federal government as disaster areas and include the following counties: Clarke, Dallas, Marengo, Mobile, Perry, Washington, and Wilcox. Qualifying taxpayers will be granted a tax filing extension and must file their tax returns by March 1, 2021. The Alabama Department of Revenue is also offering penalty relief for tax returns filed by this deadline. This can mean significant savings in...

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Consumer’s Use Tax vs. Seller’s Use Tax: Nearly Every Business owes Use Tax - do you pay yours?

Posted on January 07, 2021. Category: Tax Publications

Use Tax OverviewUse tax is defined as a tax on the storage, use, or consumption of a taxable item or service on which no sales tax has been paid. It is known as a complementary tax to sales tax and can be applied if a different state sales tax was charged at a lesser rate or if an incorrect rate is charged entirely. However, use tax will most often apply when a business makes a purchase from an out-of-state-seller that is not required to collect sales tax in the purchaser’s state. Use tax exists as a way...

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Bringing Transport Savings into 2021

Posted on January 06, 2021. Category: Logistics Publications

Looking back on 2020, logistics professionals will emphatically state that keeping supply chains open and moving was a major accomplishment. Companies usually prioritize cost savings in their supply chain; in 2020, cost tracking shows movement in the other direction – as companies paid more to keep operations running and lines moving.Despite the challenges of 2020 and continuing impacts on logistics supply chains, it is essential to identify that cost savings are possible. Identification of cost-saving opportunities such as cost avoidance, consolidation, and deflation are all still possible during these trying circumstances. While it is easy for savings to fall by the wayside...

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Coronavirus Update - January 5

Posted on January 05, 2021. Category: Coronavirus Updates

Allyn International is committed to providing you with the latest updates during this very fluid and everchanging period. Our goal with the information provided below is to give you at a high-level, a current overview of the most heavily impacted regions.Boris Johnson, the Prime Minister of the United Kingdom, announced a seven-week nationwide lockdown in an effort to contain the wide-spread outbreak of a highly contagious new variant of COVID-19. Non-essential businesses are closed, and schools have transitioned to remote learning. Unlike the lockdown in March 2020, outdoor exercise is permitted, and playgrounds and places of worship will remain open. ...

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Coronavirus Update - December 22

Posted on December 22, 2020. Category: Coronavirus Updates

Allyn International is committed to providing you with the latest updates during this very fluid and everchanging period. Our goal with the information provided below is to give you at a high-level, a current overview of the most heavily impacted regions.A new strain of the COVID-19 coronavirus detected in the UK has caused over 40 countries to suspend passenger flights to and from the country. France imposed a 48-hour suspension of freight transit across the English Channel while Kuwait announced it has suspended all commercial international flights and closed its land and sea borders until January 1. Saudi Arabia announced a...

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The Future of the Aviation Industry

Posted on December 18, 2020. Category: Logistics Publications

The European Organization for the Safety of Air Navigation (Eurocontrol) has introduced three options for the future of the aviation industry in the EU, based on the timing of COVID-19 vaccine availability and the end of the pandemic.According to Eurocontrol experts, if mass vaccination is widely available during summer or by the end of 2021 at the latest, the European air traffic will return to the level of 2019 in the year 2024.The second scenario considers a wide availability of the vaccine by the summer of 2022. In that case, it will take two more years to have 92% of the 2019 air traffic...

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Coronavirus Update - December 15

Posted on December 15, 2020. Category: Coronavirus Updates

Allyn International is committed to providing you with the latest updates during this very fluid and ever-changing period. Our goal with the information provided below is to give you at a high-level, a current overview of the most heavily impacted regions.Several countries around the world have approved the Pfizer COVID-19 vaccine and distribution plans are being executed globally. Logistics professions, carriers, and health care professionals are working together to ensure the vaccine is transported and administered safely and as quickly as possible.The following tables will provide the current cargo transport operational status and capacity levels for heavily...

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UK and Japan Partner on Trade

Posted on December 15, 2020. Category: Trade Publications

According to the United Kingdom’s Department for International Trade, Japan and the United Kingdom signed a Comprehensive Economic Partnership Agreement (CEPA) in Tokyo on October 23rd.The agreement signed by both countries is not only an incentive for economic development in a world that is slowly recovering from financial crises due to the Covid-19 pandemic but is also a means for Japan to express its support of the UK joining the Trans-Pacific Partnership (TPP). Additionally, as Brexit looms on the horizon, this major deal allows the UK to present itself as an independent trading nation.The International Trade...

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Learn with Allyn International Newsletter

Posted on December 10, 2020. Category: Logistics Publications, Trade Publications

"How Ports Work" course released with a newsletter exclusive price of $5! Save up to $30.Allyn International has released a new introductory level course presenting some introductory level information related to How (cargo) ports work.In this course, we talk about ports in general and review an example one, before looking at some standard handling equipment, as well as the main cargo types and their related terminals. We will then look at simulated animations of a break-bulk and of a container port before closing up the module. Seat time is 45 to 55 minutes.To thank you for subscribing to our newsletter,...

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