Trade Publications

Sam’s Club Jumping in on “Ship-from-Store”

Posted on October 22, 2020. Category: Logistics Publications, Trade Publications

COVID 19 indeed has everyone changing their ways to adapt to the new norm and stay afloat. Sam's Club is joining the transition to utilizing e-commerce and keep its quarantining members. They are launching their "ship-from-store" / "club" program this quarter in attempts to save holiday sales along with saving money in transportation costs. Sam's Club already has most of the online shopping options but luckily prepared for the switch to fulfill more e-commerce orders in 2018 when they started turning their closed stores into fulfillment centers.Sam's Club hired 2,000 permanent supply chain workers to account for the influx...

Read More

The Fall of Hong Kong, China’s Trade Middleman

Posted on October 06, 2020. Category: Trade Publications

The news of China's implementation of the national security law is not new, but the treatment of the once important sovereign state by world leaders is. Hong Kong is a trade hub between China and the rest of the world. It has been given special treatment by the United States, the United Kingdom, and the European Union as an autonomous zone.The United States was first on the list of superpowers to strip Hong Kong of its preferential treatment. Since the United States-Hong Kong Policy Act of 1992 and Hong Kong's release as a British territory in 1997, Hong Kong...

Read More

Setting Up A Compliance Ship-to-Home Model

Posted on September 24, 2020. Category: Logistics Publications, Trade Publications

The Need for A New Model Since the onset of the global pandemic, many companies have provided their employees the opportunity to work remotely to promote safety. Working from home presents a few challenges, with one of the biggest being how to handle shipments to/from at-home personnel. This process becomes increasingly challenging for international shipments, where any delays can have far-reaching operational and compliance implications.Let’s consider the engineer who needs to receive some samples or a prototype. In the past, the sample would have been shipped via the normal process and delivered to the engineer in...

Read More

Is Waste Sorted Today?

Posted on August 24, 2020. Category: Logistics Publications, Tax Publications, Trade Publications

Did you know that since July 1, 2019, garbage classification went live in Shanghai? Shanghai city is the 1st city in China to start garbage classification. Based on Shanghai’s classification standards, all waste is classified to these categories: hazardous waste, recyclable waste, household food waste, and residual waste. All citizens can be informed of this process with a leaflet and handbook from their neighborhood committee.This information is also broadcast on television.My daughter, who is 5 years old, learned about garbage classification from her teacher in kindergarten. I am surprised that she knows quite well how to sort our...

Read More

Shanghai Ranked as Third International Shipping Center

Posted on August 18, 2020. Category: Logistics Publications, Trade Publications

Shanghai has become one of the world's top three shipping centers for the first time in six years and ranked third, second to Singapore and London. According to a municipal government report that evaluates port conditions, shipping services, and general business environment.Shanghai's improved ranking was mainly due to its high-end shipping services.Besides software improvement, Shanghai has also been strengthening shipping hardware constructions in terms of port facilities. With container throughput ranking world's first for ten consecutive years, Shanghai has the great advantage to gain global shipping resource allocation.Close to half of the world's...

Read More

USMCA Does Not Allow for MPF Refunds

Posted on July 14, 2020. Category: Trade Publications

The new USMCA went into effect on July 1, 2020. The new agreement contains one departure from NAFTA that may directly impact importers’ savings. A significant difference between NAFTA and the new USMCA agreement is that, unlike NAFTA, USMCA will not allow for refunds of the Merchandise Processing Fee. While MPF can be excluded at the time of import, under USMCA, MPF cannot be refunded post entry.MPF is the Merchandise Processing Fee. Formal entries require payment of MPF at a rate of .3464% of the entered value (with a minimum of $26.79 and a maximum of $519.76).  In the past, importers could...

Read More

NAFTA 2.0 - Provisions and Effects of the United States-Mexico-Canada Agreement

Posted on July 09, 2020. Category: Logistics Publications, Trade Publications

On July 1st, the new United States-Mexico-Canada Agreement (USMCA) went into effect. Also known as the Canada-United States-Mexico Agreement (CUSMA) and the Tratado entre México, Estados Unidos y Canadá (T-MEC) in Canada and Mexico respectively, this free trade agreement was designed to replace the 26-year-old NAFTA. Rather than completely restructuring the previous NAFTA, the USMCA is primarily a renegotiation of the original agreement intended to benefit each participating country. In addition to renegotiated terms, the USMCA also includes new stipulations on labor rights, environmental standards, intellectual property, and digital trade.Some of the significant provisions outlined in...

Read More

Coronavirus: Impact on the Transportation and Logistics Industry

Posted on July 08, 2020. Category: Logistics Publications, Trade Publications, Coronavirus Updates

Bigstock-transport-engineer-man-wearing-367903708 (1) The transportation and logistics industry performs one of the most vital services of the modern globalized and interconnected world. Since the beginning of 2020, many countries worldwide shut down their borders and limited transportation and travel to contain the Coronavirus outbreak. This pandemic affects almost every dimension of economic activity and individuals globally; consequently, essential supply chains in the logistics and transportation industry are hampered, though differently across air, freight, and sea sectors. As of February 13, 2020, over 350,000 cancellations were registered in global container shipping traffic since the coronavirus outbreak's beginning became apparent in January 2020. Over 151,000 boxes were...

Read More

USMCA Goes Live

Posted on June 29, 2020. Category: Logistics Publications, Trade Publications

The highly anticipated USMCA goes live on July 1, 2020. The North American Free Trade Agreement (NAFTA), which went into effect in 1994, is expiring at the end of June. Over the 25 plus years since implementation, trade among the three-member nations blossomed, import prices for key industries such as oil and food have remained relatively low, and economic growth has remained strong.USMCA should increase benefits for some vital US industries, namely the auto and dairy industries, while also addressing new present-day issues like digital trade and increased protections for intellectual property.  Shipments that have previously imported under the terms of NAFTA...

Read More

New U.S. Export Control Requirements for China, Russia, and Venezuela

Posted on June 29, 2020. Category: Logistics Publications, Trade Publications

On Monday, June 29, 2020, new rules went into effect involving the export control of items to China, Russia, and Venezuela. These changes involve when Electronic Export Information (EEI) submission is required, and the elimination of the Civil End Users (CIV) license exception.AES filing requirements have been strengthened for exports, reexports, and transfers (in-country) for military end-use or military end-users in China, Russia, or Venezuela.Traditionally exports that are No License Required (NLR) and are under $2,500 USD, have not required EEI to be submitted via AES. This changes with these new rules put in place today. Now, all exports from the...

Read More