Blog
How a Steel Box Changed the World: A Brief History of Shipping
Working in logistics and transportation requires a wide range of skills to deal with the different service providers that help you move the product across the globe. Get the training you need to become efficient and productive with Logistics and Transportation. Get training here. Transcript from video from WSJ. Follow link below to view: Container [...]
ISF Enforcement: Penalties, Filing Errors, and Mitigation
While enforcement of ISF (Importer Security Filing) violations began in May 2015, the enforcement environment has stiffened markedly in the last year. ISF requires importers and carriers to provide a set of information for any shipments being imported into the United States within at least 24 hours before loading their shipments or else they may face major [...]
How U.S. Bike Companies are Steering Around Trump’s China Tariffs
If you can't move production to avoid tariffs like the companies in the story below, make sure to get the training you need to make sure you are properly classifying products and applying the correct tariff rates. Don't take a risk, get training here. (Reuters) - U.S.-based bicycle manufacturer Kent International has found a way [...]
Changes to International Fuel Surcharges Coming in 2020
Fuel surcharges have been a topic of conversation and negotiation for carriers and shippers alike for many years. Fuel is a huge percentage of a carrier’s overall cost for operating their business. Carriers have historically utilized various fuel surcharges, from “emergency” to “interim,” in order to pass along volatility of these costs to their shipper [...]
Trump Delays a Tariff Deadline, Citing Progress in China Trade Talks
WASHINGTON — President Trump delayed his own deadline to increase tariffs on Chinese goods on Sunday as his administration continues a months long effort to persuade Beijing to make significant structural changes to its economy that have so far proved elusive. Mr. Trump, in a tweet on Sunday, said he would delay a Friday deadline [...]
NAFTZ Releases Study Documenting Positive Impacts of U.S. Foreign-Trade Zones on Regional Economies
Washington, DC – An economic study by a leading research firm concludes that U.S. Foreign-Trade Zones (FTZs) have a positive impact on employment growth, wage growth, and value-added growth in American communities. Compared to similar communities without FTZs. The study, “The U.S. Foreign-Trade Zones Program: Economic Benefits to American Communities,” was conducted by the Trade [...]
Canada quietly moves to resolve steel spat with Mexico
NAFTA partner's exports now dodge 25 per cent tariff, but another U.S. trade threat looms Finance Minister Bill Morneau has quietly reversed a controversial decision to slap a surtax on two types of Mexican steel imports. Effective Feb. 2, up to a new limit, Mexican energy tubular products (such as those used to build pipelines) [...]
The US reportedly wants to put automatic tariffs in place to keep China in line with any trade deal
A top priority for U.S. negotiators is to put in place an automatic tariff mechanism that would raise duties on Chinese goods if its exports to the U.S. keep rising, The New York Times reported. China has a history of not complying with its trade obligations. Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert [...]
Curbs on A.I. Exports? Silicon Valley Fears Losing Its Edge
The Commerce Department is considering national security restrictions on artificial intelligence. Some worry they could stunt the industry in the U.S. SAN FRANCISCO — A common belief among tech industry insiders is that Silicon Valley has dominated the internet. Because much of the worldwide network was designed and built by Americans. Insiders worry that proposed […]
Op-Ed by Commerce Secretary Wilbur L. Ross: Trade Reciprocity Needed Now
Americans live in a world where other countries impose high tariffs and non-tariff barriers to trade. U.S. exporters face enormous obstacles in foreign markets, and yet, we maintain the most free and open market of any major country in the world. We have zero tariffs on 61 percent of the total value of our imports, more […]