The upswing in container shipping rates has the potential to impact the global economic recovery, with many smaller countries expected to take the most brutal hit from the escalating prices. Consumer demand for goods during the COVID19 pandemic has caused significant supply chain bottlenecks, which have impacted container ships significantly. Most officials continue […]
With the holiday season and the new year of rolling out, many are wondering about upcoming supply chain predictions for 2022. Will the current supply chain problems persist? Is port congestion the new ‘norm’? Will driver issues continue to be an ongoing concern? Sadly, the wrinkles in the supply chain are not going to be […]
President Biden signed a bipartisan bill into law on December 23rd 2021, that ensures goods made with forced labor in the Xinjiang Uyghur Autonomous Region of the People’s Republic of China do not enter the market. This law, called the Uyghur Forced Labor Prevention Act (UFLPA) is a direct response to the reports of Uyghurs […]
When you have a complaint about your shipment or cargo, or something else entirely that you forward to your ocean carrier, and nothing happens, what do you do? When you’ve got a legitimate issue and your ocean carrier will not bother with your service complaint, there is something you can do to get things moving. […]
Since the COVID19 pandemic, the supply chain has been assaulted with burgeoning demands which result in bottlenecks and other hold-ups. Keeping air cargo running smoothly is imperative. Air freight is considered the fastest way to effectively move packages long distances on a global scale. However, the service is not cheap, and many businesses have […]
On December 16th, legislation passed by the Senate and is now on its way to the White House to ban imports connected at any point in the supply chain to China’s Xinjiang Uyghur Autonomous Region (XUAR). This poses a challenge to importers of goods from anywhere in the world that may use inputs made in […]
Covid19 threw a wrench into the global supply chain and revealed the logistic industry’s many weaknesses. Restoring the supply chain to its pre-pandemic state is extremely complex and the challenges continue to escalate. Everything is further snowballing with skyrocketing, unexpected delays, bottlenecks, and disruptions. Impacts on the Supply Chain One of the biggest impacts on […]
An Anti-Dumping Duty (or ADD) was imposed on specific flat rolled products of aluminum imported from China recently on December 6, 2021. The government imposed ADD on the imports, which fell under the Chapter Heading 7606 of 7607 of the First Scheduled to Customs Tariffs Act, 1975, which originated in or exported from China w.e.f […]
In November, the Ministry of France of the Government of India and the Department of the Treasury of the US announced they reached an agreement with India in regards to the treatment of Digital Service Taxes (DSTs). Under this agreement, US companies accruing in India during the interim period will be credible against future taxes […]
As 2021 comes to a close, it’s time to reflect on the most significant logistics and supply chain news events of the past year. Without a doubt, it has been a rollercoaster ride with many events topping the list. Congress Passes President Biden’s $1.2 Trillion Infrastructure, Bill. The industry is applauding the passes […]
