The Future of European Trade
March 18, 2022.
Trade Publications
The year 2022 promises to be a harbinger of changes to European trade, with modifications made to prior agreements as a result of Brexit, Russian military aggression, and United States-based council meetings. As of January 1, 2022, any goods exported to Great Britain from the European Union must now have a full customs...
Read MoreRise of E-Commerce Leads to Increased Trade Challenges in Physical and Digital Markets
January 13, 2022.
Logistics Publications, Trade Publications
One effect of the coronavirus pandemic has been a massive growth in e-commerce– as more people were confined inside their domiciles due to lockdowns and other restrictions, they increasingly began to turn to the internet for their shopping needs. The impact of the pandemic on e-commerce is well documented...
Read MoreChanges Coming in 2022 to Section 301, Section 201, and AD/CVD Regulations
January 03, 2022.
Logistics Publications, Trade Publications
On January 20, 2022, a coalition of 140 bipartisan U.S. lawmakers sent a letter to the Ambassador of the Office of U.S. Trade Representative, Katherine Tai, requesting immediate approval and implementation of Section 301 exemptions. The lawmakers claimed that failure to do so would irreparably harm US businesses in multiple industries, and...
Read MoreThe Future of The Global Supply Chain
December 11, 2021.
Logistics Publications, Trade Publications
The COVID- 19 pandemic brought significant challenges for the supply chain, the rapid spread of the virus, the international shootdowns, and the logistic disruptions reduced industrial and transportation activities creating chaos in the global supply chain. Mike Mayran, the director for the Massachusetts Port Authority says, “There was not a...
Read MoreEntry Audit
November 30, 2021.
Logistics Publications, Trade Publications
Entry Audit In an environment with changing regulations, the need for import/export transactions to meet compliance requirements is critical to success. Allyn experts review transactions to identify inaccuracies quickly and correct them appropriately. We review 100% of entries to verify the accuracy of transactions (including tariff classification, valuation, and origin...
Read More2022 Tariff Schedule Will Contain Smartphones, Drones, and More
November 30, 2021.
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,...
Read MoreA New Approach to U.S. China Trade Relationship
October 27, 2021.
Logistics Publications, Trade Publications
The U.S. Trade Representative (USTR) has laid out the Biden administration’s new approach to the U.S. trade relationship with China. With the goal of “creating a level playing field for the American workers, farmers, and businesses”, the administration has spent several months examining...
Read MoreRates Rise for U.S. Shippers by 5.9% for DHL
October 11, 2021.
Logistics Publications, Trade Publications
Due to inflation and an increase in investments, carriers are experiencing higher costs. These higher costs are causing many price hikes for various carriers including DHL and FedEx. Effective January 1, DHL will raise its rates by 5.9% to match the price hike of FedEx. This price increase will include account holders...
Read MoreMerchandise Processing Fee (MPF) 2021 Update
October 01, 2021.
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...
Read MoreDriver Shortage
September 10, 2021.
Logistics Publications, Trade 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...
Read MoreSaving Duties On Goods Returned
August 31, 2021.
Logistics Publications, Trade Publications
Background Items are being shipped all over the world every second of every day. That large amount of trade can get costly with tariffs, duty rates, and other shipping costs. With all that spending, there must be some ways to save money on those shipments. Well, if your items are...
Read MoreAt a Glance: Q3 2021 Logistics Bulletin Summary & Outlook
August 24, 2021.
Logistics Publications, Trade Publications
Air Freight International Global 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...
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