If you are considering expanding your exports into new markets, you can grow your bottom line. If you are already exporting, you have overcome many of the challenges. With a assistance, you can expand to new markets. -> export.gov - helps U.S. companies export. They are a great resource of detailed online information. Here is where to start: 4 Easy Steps to Expand to … [Read more...]
Chinese VAT Tax Confusion
Lack of clarity of the new Chinese VAT Tax implemented on August 1st, 2013 is causing mounting frustration for Shippers & Freight Forwarders. Since the laws are so vague, many carriers are interpreting them differently and billing VAT to shippers/forwarders based on their interpretation causing inconsistency with the carriers. In addition it is making it very difficult to … [Read more...]
‘Uptick’ Continues in Cargo Traffic
Global freight traffic was up 1.2% in July year-on-year, "showing a continuation of the modest improvement trend experienced in June" , said the International Air Transport Association (IATA) in its latest report. July was slightly better than the 0.9% year-on-year increase recorded in June, as growth in Europe and the Middle East offset weakness in Asia. As a result of the … [Read more...]
The 2014 FIFA World Cup and 2016 Olympics Brighten Brazil’s Air Freight Industry
As a result of hosting the 2014 FIFA World Cup and the 2016 Olympics, the Air Freight industry in Brazil will experience significant growth. Due to these two events, it is predicated that in each of the next five years, Brazil’s airfreight imports from America and total airfreight industry will rise by a significant percentage. These growth projections are derived from an … [Read more...]
American-US Airways merger challenged by Justice Department
The Justice Department unexpectedly moved to block the merger of American Airlines and US Airways. The lawsuit they filed Tuesday in U.S. District Court in Washington said the American-US Airways deal would go too far and hurt competition because it would leave four airlines controlling more than 80% of the U.S. market. The federal government said it would cause "substantial … [Read more...]