Fri.Feb 26, 2021

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Duty Drawback – What Importers and Exporters Should Know

Dedola Global Logistics

Duty drawback refers to the refund of specific duties, internal revenue taxes, and fees paid on the value of goods imported into the United States. Per the US Customs and Border Protection (CBP) these refunds are only paid if the imported goods are either re-exported or destroyed. As one of a limited number of programs allowed by the World Trade Organization, duty drawbacks give US importers the ability to reclaim significant costs associated with imported goods under certain circumstances.

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Bring on ELDs, but delay the enforcement

Truck News

Canada is marching ever closer to mandated electronic logging devices (ELDs), and that’s a good thing. The digital tools bring the tracking of Hours of Service into a modern age, eliminate any questions about the real time that trucking requires, and deliver meaningful business insights. Fleets not already using ELDs are falling behind. Even worse, […].

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Trending Sources

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Port of Los Angeles rolls out Control Tower data tool

Logistics Management

Entitled the “Control Tower” data tool, POLA officials said that it provides real-time views of truck turn times and other truck capacity management information, which helps cargo owners, truckers, and other supply chain stakeholders to mor effectively predict and plan cargo flows.

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The four factors that impact freight trucking revenue and profitability

FreightWaves SONAR

(Graphics created by Emily Ricks) Successful freight trucking depends on the joining of profitable loads with timely delivery. And knowing what’s happening to market volatility and trucking carriers across the country is critical to maximizing carrier revenue and margins. Of course, measuring revenue through the growing demands for both contract and spot freight transportation is never simple addition and subtraction.

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Artificial Intelligence and the Transportation Industry

Artificial intelligence has quickly become a feature of everyday life: Using face ID to unlock a phone, communicating with online chatbots, and letting “smart” appliances help manage our homes are just a few of the ways that we interact with AI regularly. Forward-looking businesses are also using AI to transform their operations and gain a competitive edge.

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Sensitech Launches New IoT Supply Chain Monitoring Devices

Supply Chain Brain

Sensitech, a supply chain visibility provider, has expanded its suite of IoT devices to include air-carrier approved and non-lithium battery models for real-time tracking of shipments when cargo is traveling by plane.

More Trending

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Podcast | Making It As an Amazon Seller: It’s No Picnic

Supply Chain Brain

For e-tailers selling their wares on Amazon.com, a lot of obstacles stand in the way of success — sometimes even Amazon itself.

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Ocean View School District Selects The Mobility House to Electrify School Bus Fleet

NGT News

Ocean View School District in Oxnard, Calif., has selected The Mobility House, a company that integrates electric vehicles into the power grid, to provide smart charging for the district’s new electric bus fleet project, construction for which is now complete. The project consists of four electric buses and four BTCPower chargers, funded by the California […].

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U.S. rail carload and intermodal volumes are down, for the week ending February 20, reports AAR

Logistics Management

Rail carloads—at 171,642—were off 26.3% annually, which trailed the weeks ending February 13 and February 6, at 211,420 and 226,393, respectively.

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Using SONAR alerts to help close freight sales with tender lead time index

FreightWaves SONAR

(Photo: Jim Allen/FreightWaves at Edge Logistics ). When leading a freight sales team, it is critical to recognize the importance of a sales representatives’ time management and where their attention is directed in order to get the best return on their efforts. Many freight sales professionals will tell you they landed a customer because they “called them at the right time”.

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Scaling Logistics for Success: A White Claw Story

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe

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Introducing a Faster and Easier Integration Option for CoPilot Commercial Navigation

Trimble

Telematics solution providers (TSPs), ELDs and commercial fleets need to supply drivers with tools on the road that make their jobs more efficient and safer. The first place to start is navigation. And not just any navigation - commercial navigation specifically designed for commercial vehicles, ensuring safety and compliance on legal roads. (Low bridge strikes result in millions in damages and failure to comply with posted roadway restrictions can cost companies upwards of $11,000 per citation.

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Oligopoly in the Ocean Carrier Market: Is It Beneficial for Shippers?

MTS Logistics

In the past 30 years, we have gone through different trends in the ocean carrier market. New companies formed as container demand globally surged, we had major fluctuations with the 2008 financial crisis, and trend changed to carriers buying one another. Then, from 2013-14 onwards, we had been going through the alliances that are being formed. As carriers formed the alliances, there were struggles in the beginning with managing the vessels, port of calls, creating synergies and efficiencies.

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Trending Transportation Updates: February 2021 | PLS Logistics Services

PLS Logistics

There were many new transportation updates in the shipping industry last month. Check out some of the top stories and transportation updates of February 2021!

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Duty Drawback – What Importers and Exporters Should Know

Dedola Global Logistics

Duty drawback refers to the refund of specific duties, internal revenue taxes, and fees paid on the value of goods imported into the United States. Per the US Customs and Border Protection (CBP) these refunds are only paid if the imported goods are either re-exported or destroyed. As one of a limited number of programs allowed by the World Trade Organization, duty drawbacks give US importers the ability to reclaim significant costs associated with imported goods under certain circumstances.

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Rethinking Direct Materials Sourcing: The Tools You Need To Manage Costs, Risks and Sustainability

Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. The environment is marked by heightened demand and expectations, compounded by challenges such as rising input prices, supply chain disruptions and geopolitical tensions. While some embrace cutting-edge tools like AI and blockchain for global trade functions, others lag in technology adoption.

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Fuel cards for fleet management

Logistics at MPEPS at UPV

In the logistics sector, the fleet department plays a big part. Vehicles used by companies in this sector can reach hundreds or even more. So, the management in the use of funds in this department can be challenging. Large funds are used for petrol. Imagine yourself as a manager in this department. With the huge number of vehicles and drivers, it is not surprising if you get confused about monitoring whether the petrol allowance you gave to your drivers was used for petrol or not.

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Virtual Event | Mobility and the next wave of disruption

Mazars Ledger

WEBCAST March 9, 2021 | 11:00 AM ET Join us for the third virtual session in our mobility series focusing on how… The post Virtual Event | Mobility and the next wave of disruption appeared first on Insights Center - Mazars - United States.

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Expect pandemic-boosted retail freight to stay strong, analyst says

Overdrive Online

Business that have benefited from the pandemic will likely stay strong even as services compete for consumers' discretionary spending.

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California’s Clean Cars 4 All Program Reaches Participant Milestone

NGT News

As a direct result of California’s Clean Cars 4 All (CC4A) program more than 10,000 Californians have now scrapped old, dirty cars and replaced them with cleaner alternatives such as new and used zero-emission, plug-in hybrid or hybrid cars. There is strong consumer demand for CC4A which incentivizes lower-income California drivers to scrap their older, […].

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How to Conduct Workplace Incident Investigations to Create Safer Workplaces

This white paper provides a comprehensive overview of global workplace incident trends, focusing on the top three biases leading to such incidents. It also highlights the significance of CSA Z1005 as a risk management standard and outlines the ROI of thorough incident investigations, covering emergency response to post-incident interviews. Additionally, it introduces an Investigation Evidence Gathering Matrix.

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Above the Fold: Supply Chain Logistics News (February 26, 2021)

Talking Logistics

Not all 50F days are the same. Here in Boston, and I assume in other cold climate cities too, when the temperature reaches 50F this time of the year, especially in February, it’s t-shirt and shorts weather. Yet, when the weather dips to 50F in September, it’s time to put on a sweater or sweatshirt. Read more Above the Fold: Supply Chain Logistics News (February 26, 2021).

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Digital Marketing in 2021: Social Media for Home Services

WorkWave

Time To Read: 8 minutes. Social media is a cornerstone of communication in modern society and a powerful tool for a home service business. It is no longer used solely for sharing business status updates, promotions, and connecting with friends. Today, social media is connecting global and local communities and enabling home service business owners to grow their businesses and their communities to become more profitable.

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MCPS Approves School Bus Contract with Highland Electric Transportation

NGT News

The Montgomery County Public Schools (MCPS) board of education has approved a contract with Highland Electric Transportation, a provider of turnkey electric fleet solutions, to convert its school bus fleet to all-electric, starting with 326 school buses over the next four years. The project represents the largest single procurement of electric school buses in North […].

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This Week in Logistics News (February 20 – 26)

Logistics Viewpoints

Image Source: Lions Financial. This week’s logistics news includes two articles about privately-held warehouse robotics companies and their respective equity financing announcements. Both articles mention the implied valuation of these companies. Corporations with publicly traded stock can be valued by simply multiplying the number of equity shares outstanding by the price per share, resulting in the company’s market capitalization.

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GEP Outlook Report 2024

Procurement and supply chain leaders have faced their share of disruption and economic turmoil these past four years. Whether from geopolitical tensions or the havoc caused by the pandemic and its aftershocks, plenty of challenges remain. Despite this, leaders are seeing a glimmer of light at the end of the tunnel — inflation is decreasing, interest rates are leveling off and supply chain volatility is easing.