First Sale Rule: Cutting Through the Hype and Misconceptions Three weeks ago, CNBC posted an article that caused quite the storm. Importers and shippers jumped on it the second they saw the word “loophole” and that it’s completely legal. But industry professionals and customs attorneys? Not so much. Everyone had their take, but they […]
First Sale Rule: What is legal? Read Post »
Among the highly debated topics in regards to the tariffs Trump has promised to impose are the reciprocal tariffs. What are they and how will they affect your business? Lets dive into it. What is reciprocal Tariffs? Reciprocal tariffs are tariffs on commodities from a specific country that has the same tariffs on the
Reciprocal Tariffs and how to prepare for it. Read Post »
Introduction When expanding your business internationally, understanding Goods and Services Tax (GST) and Value Added Tax (VAT) is crucial. While these taxes function similarly to sales tax in the U.S., they have significant differences in how they are applied and collected. This guide breaks down how GST/VAT differs from sales tax, how it impacts importers
How is GST/VAT Different Than Sales Tax and Why is It Considered a Sales Tax? Read Post »
Here is a collection of information for you to be able to prepare your shipments to accurately declare and minimize the tariff to just the aluminum and steel What’s section 232 Section 232 of the Trade Expansion Act of 1962, as amended, authorizes the President to take action to adjust the imports of an article
Guidance on expanded section 232 steel and aluminum tariff Read Post »
LCL vs. Air vs. FCL: Why Landed Cost Matters More Than Freight Rate When choosing between Air Freight, LCL (Less-than-Container Load), and FCL (Full Container Load), most shippers focus on freight rates per CBM (cubic meter). However, the real decision should be based on landed cost—the total cost of moving goods from origin to final
The Hidden Costs of LCL: When Air or FCL Is The Smarter Choice Read Post »
Set Clear Expectations with Your Supplier The first step in ensuring timely production is setting clear expectations. If you don’t take your deadlines seriously, your supplier won’t either. Make it clear that the production deadline is non-negotiable and that you will hold them accountable for meeting it. Implement a Penalty Clause A penalty clause encourages
How to Ensure Your Production Runs on Time Read Post »
I am disappointed by Trump’s recent post and his siding with the unions in their dispute over automation. You see, I am in logistics, and during COVID-19, I witnessed firsthand the devastating inefficiencies caused by outdated port operations. From unprecedented congestion to record delays, these inefficiencies disrupted the supply chain in ways that had
Automation or Stagnation: Why the U.S. Can’t Afford to Resist Progress Read Post »
The freight industry faced another significant challenge last week as a Canada rail strike caused delays and disruptions across supply chains. The strike, which lasted for seven days before being forcibly stopped, highlighted the vulnerabilities in transportation networks and left port congestion in its wake. What Happened During the Strike? Rail workers walked off the
🚆 Canada Rail Strike Forced to Stop After Week of Disruption Read Post »
Amazon has long been the go-to platform for businesses looking to streamline their e-commerce operations. However, as many Amazon sellers will attest, the road to maintaining a seamless inventory flow to Amazon FBA (Fulfilled by Amazon) warehouses is riddled with growing pains. From placement fees to delays in receiving inventory, sellers are facing unprecedented hurdles
Navigating the Challenges of Amazon FBA: Issues and Best Practices for Sellers Read Post »
2024 ILWU Strike at Vancouver Port: What North America Needs to Know The ILWU union strike in Vancouver port is not gaining any coverage from media outlets. but it has been ongoing for a week now. Canada largely depends on the Vancouver port for its inbound and outbound shipments for all of British Columbia,
Silent But Mighty: The Overlooked ILWU Strike Rocking North American Trade in 2024 Read Post »
DON'T JUST REACT TO TARIFF CHANGES - OUTSMART THEM
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