Insights

Allyn International Introduces E-Shipment

August 31, 2016.
Logistics Publications, Trade Publications

As an industry leader in fourth party logistics (4PL), Allyn is keenly aware of the steps shippers can take in order to maximize efficiency and minimize costs. This year Allyn has unveiled a new feature, titled E-Shipment, as part of our ALA platform. E-Shipment makes it easy for any...

Revisions to the Destination Control Statements (DCS)

August 24, 2016.
Logistics Publications

As part of the President’s Export Control Reform Initiative, a rule was proposed in May 2015 to harmonize the Destination Control Statements (DCS) of the Export Administration Regulations (EAR) and International Traffic in Arms (ITAR). This rule has been finalized and will go into effect on November 15, 2016. The...

Show me the Money

August 23, 2016.
Trade Publications

How the Strength of the U.S. Dollar is Impacting Global Trade Since the middle of 2011, the value of the US dollar has increased by 20% and economists are predicting that the appreciation will continue to rise. Unfortunately, the appreciation of U.S. currency is predicted to come at a cost...

The SOLAS Controversy

August 22, 2016.
Logistics Publications

The Safety of Life At Sea (SOLAS) rule, which came into effect on the 1 of July, has caused shippers a great amount of irritation as they question the necessity of the SOLAS Rule since the industry has survived for hundreds of years without it. According to AgTC Executive Director,...

The Price Tag of Olympic Gold

August 19, 2016.
Tax Publications

As Olympians wrap up competition in the 2016 Summer Olympics in Rio de Janeiro Brazil, a tax bill may be waiting for them back in the United States. Unlike most other countries, the US taxes the winnings of its Olympians. This includes a tax on the gold, silver, or...

U.S. Cross Border Logistics

August 01, 2016.
Logistics Publications

Is your shipment stuck at the boarder once again? Well, you are not alone, as many logistics professionals have experienced this same obstacle. Whereby, a standard pick up from Canada to the U.S is arranged and yet, the awarded carrier has called to share the dreaded news that...

Global 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...

States 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...

Simplified 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...

SOLAS 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...

The 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...