Insights

From NAFTA to USMCA: What Will Change?

February 27, 2020.
Trade Publications

The North American Free Trade Agreement (NAFTA) is the current free trade agreement among the United States, Canada, and Mexico, and will soon be replaced with the United States—Mexico—Canada Agreement (USMCA). NAFTA went into effect in 1994, making favorable changes to encourage trade and production in North...

Top 5 Reasons Why A Career in Logistics May Be Right for You

February 25, 2020.
Logistics Publications

The overall challenge of logistics is to ensure the transportation of the correct product to the right place, at the right time, at the right price. Why should you choose a career in logistics? All types of businesses whether they are big or small, require logistic specialists, coordinators, and managers...

Reverse Engineering in Supply Chain: White House Discussing Block of Increased GE Jet Engine Sales to China

February 19, 2020.
Logistics Publications, Trade Publications

In an ever-competitive global market, industries have looked toward any slight advantage over rival businesses. One method of bridging gaps in tech or design in your product is through a method known as reverse engineering. Merriam-Webster defines reverse engineering as, “to disassemble and examine or analyze in detail to...

China Imposes Tariffs Reductions

February 10, 2020.
Logistics Publications, Trade Publications

February 14th, Valentine’s Day, is quickly approaching and there is still time to get your beloved partner the perfect Valentine’s gift. The classics – flowers, chocolates, dinner and a movie, and jewelry are all great options. However, nothing says “Be Mine?” more than...

Shipping Market Takes the Hit from Coronavirus

February 07, 2020.
Logistics Publications, Trade Publications

The emergence of the coronavirus has shaken the supply chain industry, as retailers and shippers battle against a series of obstacles surrounding the outbreak. The coronavirus, causing pneumonia-like symptoms, is thought to have originated in the wild animal food markets of Wuhan city, one of China’s leading manufacturing...

Marketplace Facilitators: Economic Nexus Extends Reach into eCommerce

February 04, 2020.
Tax Publications

As ecommerce has exploded over the last two decades to become a pillar of our global economy, state and local taxing authorities have fought to expand the tentacles of sales tax as an effective and lucrative means of growing tax revenue with an expansive reach from coast to coast. With...

Chinese Logistics Specialist Speaks Out on Coronavirus

January 31, 2020.
Logistics Publications

Since January 23, Wuhan, China – a major industrial and transport hub in the inland Chinese province of Hubei – has experienced a deadly novel coronavirus that has already infected more than 7,900 people globally. Now, human beings are fighting with the disease. Source: https://weibo.com/dxydoctor?topnav=1...

Trump Proclaims More Tariffs on Aluminum and Steel

January 30, 2020.
Trade Publications

On Friday, January 24, 2020, President Trump proclaimed that beginning February 8th, additional tariffs will be added to the pre-existing Section 232 of the Trade Expansion Act of 1962. In an attempt to bolster the domestic steel production rate, the president has imposed tariffs on articles derivative of steel and aluminum (articles that contain...

Coronavirus Extends Wuhan Production Halt

January 29, 2020.
Logistics Publications, Trade Publications

The city of Wuhan is one of China's manufacturing centers. The automotive and steel industries have established a huge presence in Wuhan. Many tech companies as well as pharma companies have locations in or around Wuhan, which is now recognized as the center of the Coronavirus outbreak. Currently there...

Duty-Free as Tools of Trade

January 15, 2020.
Trade Publications

What do an MRI machine, a screwdriver, and a laptop have in common? A random assortment of goods for sure, but each of these products, as well as many other items, could be eligible for duty-free importation under the US Customs Provision: Tools of Trade. According to Customs and Border...

How Australia’s Wildfires Are Affecting Business

January 13, 2020.
Logistics Publications

A major part of operating a business is having contingency plans in place so that it can remain operational in the event of emergencies. Some factors that could affect this plan are within the realm of human control, both internal and external, while others are out of our control and...

What’s in a Name? That Which We Call Sales Tax

December 18, 2019.
Tax Publications

Sales Tax is defined as a tax on the sale, transfer, or exchange of a taxable item or service. It is generally added to the sales price and charged to the purchaser or ultimate consumer. This form of taxation can be traced back to the 1930’s as a way...