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.
In January 2018, we posted about Walmart's On Time In Full (OTIF) upcoming program changes. Since the blog post was written, here are the key reminders for the April 2018 OTIF program changes:
Time is running out; that is a phrase so many industries know all too well when shipping urgent freight. There are times when supply chains do not always work like clockwork, and even the most sophisticated networks need expedited freight services. Your team here at Ascent Global Logistics is always on standby to answer your questions about expedited freight. Here are some common questions that we receive regarding the expedited shipping process:
Starting on March 23, 2018, there will be tariffs imposed on steel and aluminum products that are imported into the United States. On March 1, 2018, The Administration announced intentions to tariffs on aluminum and steel products being imported into the United States. Throughout the month of March, the original intention has been amended to include key provisions, including exemptions for certain countries. Here are some of the key facts that are important to import and export regulations:
Continued acceleration of the domestic freight market has been a common topic in our CLIFF NOTES weekly e-newsletter and the outlook for the freight industry shows no sign of slowing.
What is the Generalized System of Preferences (GSP) trade program? What is the current status of the program? What countries are involved? What are some examples of GSP eligible products? Read below for answers to these common importer questions and more.