Logistics Publications
2022 Tariff Schedule Will Contain Smartphones, Drones, and More
Posted on November 30, 2021. Category: Logistics Publications, Trade Publications
Starting in 2007 with the rollout of the first iPhone, smartphones have become increasingly integrated into the lives of the global population. A person can use a smartphone to communicate with the people they love, and to troll the people they don’t. They can find love by swiping right, order food from their favorite restaurant, and entertain themselves with games or streaming options. Current estimates place a smartphone in the hands of about 80% of the world’s population, with over 400 billion USD in global sales annually.And now 15 years after these multifunctional, somewhat tricky to classify devices became...
Read MoreMerchandise Processing Fee (MPF) 2021 Update
Posted on October 01, 2021. Category: Logistics Publications, Trade Publications
Per the CSMS #48938836 Message the US Customs and Border Protection (CBP) will be adjusting certain user fees on October 1, 2021. The minimum merchandise processing fee (MPF) will be increased to $27.75 from $27.23 and the maximum will be raised to $538.40 from $528.33.MPF is assessed by CPB for most imports into the US on an ad valorem basis, with the percentage being used to calculate MPF remaining at .3464%. MPF will be waived for goods that qualify for certain free trade agreements, such as USMCA. The MPF for entries under $2,500 will be increased to $2.22 from $2.Some other fees that are changing include the surcharge...
Read MoreDriver Shortage
Posted on September 10, 2021. Category: Logistics Publications
The transportation industry is highly aware of the truck driver shortage for some time now. The issue is still very relevant and has gotten worse within the past few years. A recent article stated that “in 2018 the trucking industry was short about 60,800 truckers, a shortfall that is expected to frow to 105,000 drivers by 2023 unless recruitment efforts improve. (Supply Chain Digest, 2021). This affects the whole line of supply chain, including pricing increases. TL and LTL shipment pricing has increased significantly within the past year, simply because of the lack of drivers across the United States. Many of the trucks are...
Read MoreAt a Glance: Q3 2021 Logistics Bulletin Summary & Outlook
Posted on August 24, 2021. Category: Logistics Publications, Trade Publications
Air Freight InternationalGlobal air volume, measured in CTKs, declined slightly from the record values seen in Q1. However, volume has remained consistent through Q2, especially when seasonally adjusted for the slower mid-year months(1)Capacity in July was up 29% in July over 2020 levels, although load factor declined by 3%. Airlines are likely to reduce capacity somewhat to adjust to shipping demand. Air flight demand has been lowered due to consumer fears amidst COVID delta variant outbreaks. As a result, bellyhold storage capacity is expected to remain low until 2023-2024. Airlines have adjusted by increasing freighter usage, with the freighter market share...
Read MoreWhy a 3PL is Beneficial?
Posted on August 23, 2021. Category: Logistics Publications
First and foremost, what is a 3PL? A 3PL is a Third-Party Logistics company that offer one stop solutions for their clients. Working alongside a 3PL is a partnership vs a transactional relationship. 3PLS help in identifying gaps in the supply chain. Their expertise, best practices and technologies can also integrate into any business process to solve the most complex challenges in logistics management.What are some of the main benefits of a 3PL?Drive Cost Savings Access to experience and expertise. Flexibility Business Growth Customer Satisfaction Market ExpansionWhy should you use a 3PL?There are multiple reasons from...
Read MoreGetting Ready for a Green Future
Posted on August 17, 2021. Category: Logistics Publications
Innovation can take many forms and even small changes make a difference when applied at scale. Packing materials are a major source of waste contributing to our constantly growing landfills. Pallets and wood packaging account for 3.9% of municipal solid waste totaling 11.5 million tons in 2018. Only 26.9% of discarded wood is recycled and after 14.5% is combusted for energy recovery 6.8 million tons of wood end up in landfills.Being proactive and ditching traditional wood pallets for their new and improved counterparts will help make supply chains more sustainable and, in many cases, will translate into long-term cost savings. ...
Read MoreMarket Madness & the COVID Recovery
Posted on August 17, 2021. Category: Logistics Publications
Market Madness & the COVID RecoveryWhether you work in the Supply Chain industry or not, you’ve probably felt it. “The market is just crazy right now” seems to be a buzz phrase. The housing market is booming, with home sale prices at near-record highs. The cost of plywood and other commodities has skyrocketed so much that stores like Lowes are switching to digital price tags to keep up with the inflation. There is a car shortage due to a lack of semi-conductor chips, forcing the price of rental cars to be higher than that of...
Read MoreThe Emergence of Electric Trucks
Posted on August 16, 2021. Category: Logistics Publications
Electric trucks, both full-size and mid-size, are becoming more and more prevalent on the road today. Green Tech Media states that there are about 2,000 mid-size and full-size electric trucks on the road right now. However, an analysis run by their research team estimates there could be up to 54,000 trucks on the road by 2025. Tesla is at the forefront of this expedition and is expected to finish production on their first line of all electric trucks by the end of the year. However, there are only expected to be about 15 trucks ready to completion, with more to come in the years...
Read MoreTruck Shortages and Distribution Backlogs
Posted on August 12, 2021. Category: Logistics Publications
With the effects of COVID-19 still looming the logistics industry, there has been an increase in demand for truck drivers leading to increased transit times due to distribution backlogs. The consumer demand for their shipments has led to the discovery of bottlenecks existing within ports and distribution centers. This was increasingly noticeable once the holiday seasons approach during the end of 2020. The limited availability of trucks has led to an increase in prices for shippers as they are competing for capacity. There has been an 8.1% increase in the past year for per-mile costs. Specifically, when looking at the spot market...
Read MoreCoronavirus Update - August 3, 2021
Posted on August 03, 2021. Category: Logistics Publications, 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.The COVID-19 Delta variant has shown to be more contagious than other COVID-19 strains and infections have started to skyrocket throughout the world. New lockdowns throughout Asia have slowed manufacturing production and governments are struggling with the question of when and how to reopen their economies while mitigating increased risk. Vaccinated individuals have shown to be less physically affected...
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