It’s 2018 and we are in the middle of a capacity crunch. With more loads than drivers currently on the road, now is the time to examine your inbound freight management and assess whether you are effectively managing your supply chain.
As published in this week’s edition of CLIFF NOTES, strike actions began in Nhava Sheva, India on May 9. The latest reports indicate that labor disruptions are expected to continue as dock workers called for an indefinite transportation strike this morning so parties can continue to work towards an agreement.
If you have been in logistics for any period of time, you know that late shipments can be a very common occurrence. In fact, 10 percent of small business owners reported that more than 75 percent of their shipments arrived late. With delays that high, customer satisfaction could easily decline.
***See the latest update regarding Section 301 Tariffs by clicking here.
On July 31, 1789, shortly after the United States became a nation, Congress passed legislation that called for administering customs tariffs and collecting duty to fund the government. Since then, the government has continued to collect duty on imports into the United States. Here is what you need to know about duty:
With capacity shortages and increased demand, now is the time to rethink your supply chain. Even if you think you can manage everything by yourself, it still pays to have a trusted logistics partner. Here are three signs that it is time to rethink your supply chain and use a transportation solutions partner:
At Ascent Global Logistics, we are constantly looking for ways to help our customers become leading importers. With that being said, we understand that many importers still use traditional Excel files to manage and track all of their purchase orders. While Excel is still the most used method for managing import shipments, it lacks the ability to provide true supply chain insight. Companies are spending time, money and energy on a program where they don’t have to.
We are very proud to announce Michael Smith as the newest member of our Retail Consolidation team! Michael recently joined our Retail Consolidation team as the Vice President of Transportation at Prime Distribution Services, An Ascent Global Logistics Company.
Topics: Retail Consolidation
Two weeks ago, we posted about Walmart’s On Time In Full (OTIF) upcoming program changes. Since the blog post was written, a Walmart announcement from Steve Bratspies (Chief Merchandising Officer, Walmart U.S.) was released on April 9, notifying suppliers that Walmart's OTIF program for retail distribution centers was modified.
With the President signing into law H.R. 1625 on March 23, 2018, GSP has now been extended retroactively from January 1, 2018 through December 31, 2020. The effective date of the “Consolidated Appropriations Act, 2018” is April 22, 2018, when programming will be updated to reflect the GSP duty status of approximately 5000 tariff items.
While the concept of Reasonable Care has been around for over twenty years, today’s circular is a reminder of the importance of exercising Reasonable Care in all interactions with U. S. Customs. On December 8, 1993, the Customs Modernization Act, or the “Mod” Act, was implemented, which amended many sections of the Tariff Act of 1930 and related laws. This Act changed the course of the relationship between Customs and Trade by further defining the legal obligations of each party in an international transaction while facilitating the cooperation between this government entity and its constituents.