A Guide to Reducing Import Duties and Managing Tariff Costs
Dec 30, 2024 · Step 2: Optimize Product Classifications and Documentation · Document and classify products for accuracy and optimization according to the Harmonized Tariff Schedule (HTS) within 30-90 days. · Note every product and its tariffs in detail to strengthen your product and tariff documentation processes and use tariff engineering to minimize import duty exposure.
Home | Material Handling and Logistics
Jan 14, 2025 · Material Handling & Logistics provides news, analysis, technology and best practices for managers overseeing supply chain, warehousing and transportation in the manufacturing sector.
Manufacturing Outlook for 2025 | Material Handling and Logistics
Nov 25, 2024 · Looking ahead to 2025, manufacturers are expected to continue to face a challenging business climate due to a combination of higher costs, potential policy changes following the US elections and geopolitical uncertainty, according to Deloitte’s report, 2025 Manufacturing Outlook. Examining key factors, the report noted that the National Association of Manufacturers Q3 2024 outlook predicts ...
Top 10 Forklift Manufacturers of 2024
Oct 13, 2024 · During his career Dave Blanchard has led the editorial management of many of Endeavor Business Media's best-known brands, including IndustryWeek, EHS Today, Material Handling & Logistics, Logistics Today, Supply Chain Technology News, and Business Finance.He also serves as senior content director of the annual Safety Leadership Conference.With over 30 years of B2B media experience, Dave ...
Trucking Congestion Costs $108.8 Billion
Dec 22, 2024 · According to the latest Cost of Congestion study published by the American Transportation Research Institute (ATRI), traffic congestion on U.S. highways added $108.8 billion in costs to the trucking industry in 2022. This marks a new record-high national congestion cost. The total hours of congestion decreased slightly in 2022 from record 2021 highs due to a softening freight market, but the ...
Import Cargo Rising Due to Potential Port Strike, Higher Tariffs
Dec 12, 2024 · With the possibility of strikes beginning next month at both East Coast and Gulf container ports, the nation’s major container ports are expected to see a continued surge in imports through next spring, according to the Global Port Tracker report released on Dec. 9 by the National Retail Federation and Hackett Associates. In addition President-elect Donald Trump has said he plans to increase ...
FedEx to Spin Off FedEx Freight, Resulting in Two Public Companies
Dec 20, 2024 · On Dec. 19, FedEx Corp. announced that its Board of Directors has concluded a comprehensive assessment of the role of FedEx Freight as part of its portfolio and has decided to pursue a full separation of FedEx Freight through the capital markets, creating a new publicly traded company.
Retail Sourcing Trends to Watch in 2025
Nov 13, 2024 · A recent report, 2025 Supply Chain Trends, from TradeBeyond, found that supply chains will embrace AI, automation and sustainability. Other priorities include building a resilient and diversified supply chain as a hedge against the …
Intermodal Volume Up 9.8% in Q3 | Material Handling and Logistics
Oct 30, 2024 · As reported by the Intermodal Association of North America (IANA) on October 29, total intermodal volume rose 9.8% year-over-year in the third quarter.
Consumer Confidence Drops, Worried About Future
On December 23, The Conference Board reported that its Consumer Confidence Index declined by 8.1 points in December to 104.7 (1985=100). This is its lowest reading since September. Drop was due to dimmer views of future business conditions and incomes,the group noted.