In 2021, many believed that surging consumer prices were due to the supply chain crisis. The government and investors all started to focus on what was going on with the global ports. They revealed widespread bottlenecks which is why the Federal Reserve Bank of New York created the Global Supply Chain Pressure Index (GSCPI). It […]
As crews scramble across Florida to repair the damage to the power grid caused by Hurricane Ian, many are concerned about supplies. Crews are faced with not only repairing the damage caused by the high winds and flooding but also obtaining the needed supplies to carry out the tasks. National Transformer Shortage Florida Power & […]
The 1st of October has come and gone, and that means the Food and Drug Administration’s (FDA) Food Facility Registration Renewal period has begun. Continuing through December 31, 2022, all food facilities in our clients’ supply chain must submit a renewal application or the products will be denied entry into the US. A Dun & […]
With the COVID19 pandemic becoming less of a threat due to widespread vaccination, many have started to believe that things will return to ‘normal’. The Feds have stepped forward to curtail inflation and the supply chain appears to be improving. However, automakers are still faced with supply chain problems. Even after two years, inventory remains […]
As August slips into September, we will examine a few top supply chain news tidbits that everyone in the industry is monitoring: China Droughts and Hydropower At this time period, the UN has reported that nationwide droughts in China are becoming prolonged ad far more frequent which is causing China to start rationing its hydropower. […]
The term ‘sustainability’ is bantered about a lot nowadays. However, can a supply chain achieve sustainability? If so, how do they even know that they have achieved true sustainability? Understanding Supply Chain Sustainability The definition of supply chain sustainability does differ, and you might wonder how you know if you have truly achieved your goal. […]
As the year 2022 passes the halfway mark, uncertainty still remains with the supply chain. Whether you are an importer or an exporter who is moving goods using ocean carriers to various ports around the world, every day continues to be a challenge. Companies are keeping their eyes on the various supply chain trends in […]
There have been a rash of recent updates and actions taken by Customs and Border Protection (CBP) that the National Customs Brokers and Forwarders Association of America (NCBFAA) notes will have a direct impact on the everyday operations of the US Customs brokers. The NCBFAA Customs Committee urges that Customs brokers should go through their […]
At this time, the logistics industry is teetering on the brink of a complete transformation. Cutting-edge startups are emerging that are developing platform driven solutions that utilize IoT and blockchain technologies. Blockchain technology lets you create a ledge of impressive assets and transactions which are time-stamped and secure. Stakeholders can even communicate in real-time. In […]
In a Federal Register notice released August 24th, Customs and Border Protection (CBP) announced the names of hundreds of individuals that lost their customs broker licenses. This was due to them failing to file for their Triennial Status reports, which is required by law with the agency. Section 641 of the Tariff Act of 1930, […]
