Outlook on U.S. Exports – Forecasting the “perfect storm” or something else?.Transportfolio
Many of us are familiar with the term “perfect storm.” This cliché term implies conditions are ideal for the creation of a pending negative event. Recently, it has been used to describe the outlook for U.S. exports. Exporters continually hear the rumbles of thunder from the industry and economic press decrying the longstanding trade imbalance for the United States and their trading partners, recounting the fact that imports significantly outweigh the exporting of goods.
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Global Forwarding, Global Transportation, Logistics
Flatbed Procurement: What’s Your Strategy?
Whether you believe it or not, the key to successfully securing flatbed capacity (without breaking the bank) isn’t always about chasing the lowest price. What truly matters is the strength of your relationships with flatbed carriers.
Even shippers who have more difficult freight requirements can improve acceptance rates and thrive during a tight market with a well thought out flatbed procurement strategy. To get started creating such a strategy, consider the following points:
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Freight Services, Over the Road
FU.S. West Coast Ports: Getting Back on Track
Two weeks ago, U.S. West Coast ports resumed full operations after a tentative labor deal was reached between the Pacific Maritime Association (PMA) and the International Longshore and Warehouse Union (ILWU). This news brings huge relief to businesses and workers as supply chains have been disrupted for months. It’s projected to take several more months to clear port backlogs. Here are steps you can take to minimize the impact of these setbacks.
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Freight Services, Global Trade Resources, Global Transportation, Over the Road, Transportation Policy
Fight for a Cause: Beating Hunger at Its Own Game
One of my all-time favorite TV show is Cheers. So when I hear the term “food fight,” I often think about the dysfunctional Cheers gang getting on each other’s nerves during Thanksgiving and the ensuing events that escalate into an all-out food fight. The scene was well-written, the buildup of tension was masterful, viewers like me wanted to be a part of it, and we wished it didn’t end. » Read More
An interview with Thomas J. O’Donnell, attorney at Clark-Hill, PLC.
Trek Leather, Inc., and its owner were found guilty by the Court of International Trade (CIT) in 2011 for violating 19 U.S.C. §1592 for the undervaluation of imported merchandise. United States v. Trek Leather, Inc., and Harish Shadadpuri, 781 F.Supp.2d 1306, (CT.Int’l Trade, 2011). This was a landmark decision, as the owner—an officer of the corporation—was found personally liable for violations by Trek Leather, Inc., a corporation. The case was appealed to the Court of Appeals for the Federal Circuit (CAFC), which reversed the CIT in July 2013. This would have seemed to settle the question about personal liability for customs violations. However, in March 2014, the Government requested an en banc rehearing by the CAFC on the matter of personal liability. On September 16, 2014, the CAFC reversed its original decision and ruled that Trek Leather’s owner was, in fact, personally liable. U.S. v. Trek Leather, Inc., No. 11-1527 (Fed.Cir. Sept. 16, 2014). » Read More
Global Transportation, Supply Chain, Supply Chain Consulting