Supply Chain


New scheme aims to speed up trade flows in Asean

New scheme aims to speed up trade flows in Asean

21st September 2020 – Initiative lets certified exporters self-certify origin of goods, saving companies time and costs Starting yesterday, companies such as DIP Investments, which produces and exports surgical masks, will benefit from a scheme that aims to facilitate trade in Asean. They will not have to apply to the authorities for a hard-copy certificate that verifies the origin of their goods. Instead, as part of the new Asean-wide...

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NEW ONLINE PORTAL TO ASSIST IRISH BUSINESSES WITH CUSTOMS CLEARANCE DOCUMENTATION, POST-BREXIT

NEW ONLINE PORTAL TO ASSIST IRISH BUSINESSES WITH CUSTOMS CLEARANCE DOCUMENTATION, POST-BREXIT

18th September 2020 Business advisors BDO and Fexco today announced the launch of a new customs clearance service, Declaron, to assist Irish businesses in managing the substantial increase in customs clearance documentation, which will take effect from January 1st, 2021, post-Brexit.  The new online customs clearance service will provide 24/7 status updates on declarations and will help customers save time on document preparation. Records for all traded goods declared...

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WORRIED ABOUT BREXIT TRADING UNKNOWNS? HERE’S HOW ADDRESSING THE KNOWN KNOWNS CAN REALLY HELP

WORRIED ABOUT BREXIT TRADING UNKNOWNS? HERE’S HOW ADDRESSING THE KNOWN KNOWNS CAN REALLY HELP

18th September 2020 As the famous quote goes ‘there are known knowns, known unknowns and also unknown unknowns’. This very much applies to the current Brexit negotiations between the UK and the EU; we know there are red lines on both sides, though the outcomes are still unknown. What is clear to me and my company is that businesses must prepare for every eventuality, and start right now, if...

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US customs brokers, forwarders cautiously trickle back to offices

After several months of stay-at-home orders, America’s customs brokerage and freight forwarding firms are preparing to reopen their offices in the weeks and months ahead. However, these companies do not anticipate a return to pre-coronavirus conditions, industry experts say. “Our return-to-office plan considers that the future of work, as we have known it for all companies around the world, is shifting,” Marcia Lyssy, chief human resources officer for BDP International,...

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Supply chain impact of coronavirus increases further

The devastating impact of coronavirus on global trade and supply chains continues to escalate as non-China Covid-19 infections surpass those recorded in China itself. One upshot is that even as cargo availability in China increases, the implementation of social distancing and isolation policies in a bid to contain the spread of the virus threaten economic growth and demand in Europe and North America. Sea-Intelligence’s latest Sunday Spotlight newsletter warned that as...

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This will be a game-changer for African free trade

The AfCFTA is a vote of confidence in the value of international economic integration when trade conflicts are rife globally, writes Bohani Hlungwane The countdown has begun towards the “go-live” date of the African Continental Free Trade Area (AfCFTA) on 1 July 2020, which will potentially be a game changer for the continent, with its consumer market of 1.2 billion people with a combined GDP of $2.5 trillion (R37...

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BOC releases PPEs for medical frontliners

MANILA, Philippines – Nearly 5,000 shipments of personal protective equipment (PPEs) for frontliners addressing the coronavirus disease (COVID-19) crisis have been released from ports by the Bureau of Customs (BOC). Information from the BOC Public Information Office on Friday showed that a total of 4,669 shipments of PPEs have arrived in the country from March 9 until April 2. All of these shipments have already been released. On April...

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UPS helps to simplify international shipping for SMB customers with website upgrade

By Kasun Illankoon Feb 2 2020 / Construction Business News UPS has launched a significant upgrade to its shipping website, www.ups.com, by making the process of creating an international shipment smarter and easier for its small and medium business (SMB) customers in 116 countries, including 36 countries in the Indian subcontinent, Middle East and Africa (ISMEA). “With SMEs contributing over 40% of GDP in emerging economies, there is no...

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SPONSORED CONTENT: Digital Disruption – exploring the Collaboration Conundrum

SPONSORED CONTENT: Digital Disruption – exploring the Collaboration Conundrum

By Richard Clayton, Chief Correspondent Dec 6 2019 / Lloyd’s loading List Logistics businesses have come late to the digital era. The sector is plagued with legacy systems and processes politely described by external observers as “out-dated”. Senior management is split between those who understand the tremendous potential of analysing customer data and those who are waiting until a solution becomes unavoidable. The way forward is through collaboration but...

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Resilience360 Research Reveals 66% of Global Manufacturing Customers Have Been Impacted by the U.S.-China Trade War

Resilience360 Research Reveals 66% of Global Manufacturing Customers Have Been Impacted by the U.S.-China Trade War

By Will Haraway Dec 3 2019 / Resilience360 TROISDORF, Germany, Dec. 03, 2019 (GLOBE NEWSWIRE) — Resilience360 has released the results of a customer survey launched to assess the impact of the U.S.-China trade war for companies with global manufacturing networks. Among other findings, the results revealed that two-thirds (66%) of the nearly 300 customer respondents have been impacted by the business disruptions and significant operational challenges presented to...

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