Insights

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...

No 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...

Resale 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...

Ten 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...

The 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...

The Future of The Air Cargo Industry and Our Climate

May 27, 2016.
Logistics Publications

Climate change and global warming are issues that have been discussed all over the world for quite some time. Most recently, at the Paris Climate Conference in December 2015, 195 Countries agreed upon a first ever, legally binding climate agreement that will go into effect in 2020. With all eyes on limiting...

The Future of E-commerce for Fresh Produce

May 25, 2016.
Logistics Publications

For the fresh produce industry, E-commerce has gradually become the key in the past several years. With a huge amount of money invested, E-commerce and supply chain management is making significant changes in the industry. The traditional mode of production, trade and consumption will be replaced by the new model...

Rebuilding Algeria’s Maritime Industry

May 25, 2016.
Logistics Publications

Twenty years ago, Algeria’s merchant marine fleet had more than seventy vessels, today there are only six. The absence of a national fleet has resulted in the country losing at least $4 billion per year. Some ships have been destroyed and the whereabouts of other vessels is unknown. Some...

Truckload Rate Fluctuation

May 24, 2016.
Logistics Publications

The market for truckload shipments has been up and down. The current market for truckload shipments has been lacking consistency crippling truckload carriers, putting many out of them out of business. Currently, the truckload market has a much greater volume of trucks willing to load than freight available. As a...

Georgia Ruling on Contractor Purchases

May 23, 2016.
Tax Publications

In September 2015, the Georgia Department of Revenue (DOR) issued Letter Ruling: LR SUT-2015-12 that states a contractor purchasing materials to be incorporated into real estate as part of a contract owes state and local tax on the purchases. The ruling includes instances when the final destinations of the fabricated...