Insights

Impact of China’s Slowing Economy on Global Trade and Transportation

October 23, 2015.
Logistics Publications

China’s economy is beginning to slow down. It is at the weakest point since China’s admittance to the World Trade Organization in 2001 and continues to shrink as the country’s gross domestic product annual growth rate dips below double digits for the fourth year...

U.S. Manufacturing Is Making Its Way Back Home

October 23, 2015.
Logistics Publications

Re-shoring Manufacturing According to recent studies and trends, it has become clear that U.S. manufacturing operations are moving back home or nearby. Companies are now recognizing the rising costs of off shore manufacturing. Some of the top factors contributing to this trend are the rising cost of labor, increased...

3D Printing: Safer Shipping, More Efficient, Less Expensive

October 23, 2015.
Logistics Publications

In the coming years, manufacturers and producers can begin to rely less on crating and packaging companies thanks to innovations in technology. Large scale, industrial shippers will be able to take care of all their packing and loading needs in house by means of 3D printing. The ability...

Highway Bill Passed in Senate May Increase Customs Fees

September 24, 2015.
Logistics Publications

The U.S. Senate has approved a highway bill containing a provision that will increase Customs user fees. Customs user fees are designed to help with processing and inspection costs and per 19 USC 58 are paid by: Commercial vessels: $397 per arrival Commercial vehicles: $5 per arrival Railcars: $7.50 per car per arrival Private...

New York State Franchise Tax Rate Changes for 2014 and Beyond

September 16, 2015.
Tax Publications

Part of the sweeping corporate franchise tax changes New York Governor Andrew Cuomo signed recently impacted the tax rates. This article will illustrate the rate changes that were impacted. Type of New York Businesses New York Article 9-A designates three classes of corporations for tax rate purposes: • ...

Buyer Beware: Anti-dumping and Countervailing 101

September 15, 2015.
Trade Publications

It is no secret that globalization increases market competition. Consumers are increasingly able to comb the global marketplace to find products that meet their demand at competitive prices. However, it is not unheard of that some foreign countries unfairly subsidize producers and exporters, or that a foreign exporter and...

What is a Licensed Customs Broker and How Can They Help?

September 15, 2015.
Trade Publications

On Wednesday, October 7th, 2015, Customs will conduct the final Customs Broker exam of 2015. Considered a “niche” profession, there are currently only 12,000 Licensed Customs Brokers (LCB) in the United States. Allyn International proudly employees 6 Licensed Customs Brokers who serve our clients in different capacities throughout the company. ...

Not All Kits Are Created Equal

September 11, 2015.
Trade Publications

The mislabeling and reporting of kits on commercial invoices is, quite possibly, the most common mistake noted by Allyn International analysts in applying HTS codes to products on parts lists or upon importation. A mistake like this can delay a shipment for days and accrue storage charges at port. ...

The Buzz about IRC § 7874

September 11, 2015.
Tax Publications

IRC § 7874: Rules relating to expatriated entities and their foreign parents. The recent corporate inversion transactions of many large US corporations has resulted in much discussion and controversy relating to IRC § 7874. A corporate inversion, also referred to as a tax inversion, is a transaction in which an organization is...

Sales Tax Reform May Not Be Seen Until 2017

September 08, 2015.
Tax Publications

Two sales tax reform bills have been introduced to Congress this year: the Marketplace Fairness Act and the Remote Transaction Parity Act. The Marketplace Fairness Act (MFA) passed the Senate in 2013 but did not make it through the House Congressional session that ended in 2014. It was reintroduced...

The Importance of Customer Service in a Fast-Paced Logistics World

September 01, 2015.
Logistics Publications

The Importance of Customer Service in a Fast-Paced Logistics World The 21st century global logistics world is quickly evolving and the needs of shippers are becoming more complex. Today’s shippers expect more from their logistics providers than the ability to expedite a shipment or track a delivery;...

Meet The Yamal Railway, the northernmost railway in the world

July 30, 2015.
Logistics Publications

In the Nenets language (Samoyedic language spoken in northern Russia), “yamal” means “The End of the Land”. It is also the name of a peninsula in Northwest Siberia, about 2000 km from Moscow. This far away and long forgotten place is the home of Russia’s...