CARM’s focus is on modernizing, streamlining, and transforming the way duties and taxes are collected on imported goods. On May 25th, CBSA officially launched Release 1 of its new CARM Client Portal, a self-service tool meant to facilitate accounting and revenue management processes for companies importing goods into Canada. The...
Read moreOctober Update Brazil's Petrobras sees fuel demand that could affect future logistics prices Brazilian state-run oil company Petrobras said October 18th, it has received "atypical demand" for fuel supplies in November that surpasses its production capacity. The company has been operating its refineries with a capacity factor of 90% in...
Read moreClarks® Shoes’ story began almost 200 years ago, when Cyrus and James Clark made a slipper from sheepskin off-cuts. Groundbreaking at the time, this combination of invention and craftsmanship has remained at the heart of the company’s mission ever since. Even today, every pair of Clarks’ shoes begins with advanced...
Read moreMajor trading partners, the U.S. and Canada share a border where billions of dollars in goods and services are traded annually. In 2019, U.S. goods and services trade with Canada reached about $718.4 billion—including $360.4 billion in exports (from Canada) and $358 billion in imports (to Canada). As the U.S.’...
Read moreFocused on modernizing, streamlining, and transforming the way shipments are imported into Canada, the Canada Border Services Agency (CBSA) is heading up a multi-year project that will change the way duties and taxes are collected on imported goods. Known as the CBSA Assessment and Revenue Management (CARM) project, its core...
Read moreIt doesn’t take a global pandemic to turn a supply chain on end, but as many companies learned in early-2020, such an event can have major impacts on a company’s ability to operate normally. Be it a trade war, a geopolitical event like Brexit, or a natural disaster, supply chains...
Read moreWhen COVID-19 prompted cities and states to lockdown and shutter businesses in March, the long-term impacts on the warehousing industry were largely unknown at the time. Dealing with a downward trend in inventory-to-sales ratios that started in the early-1990s, the U.S. warehousing sector probably couldn’t predict what would happen next....
Read moreIt doesn’t take a global pandemic to turn a supply chain on end, but as many companies learned in early-2020, such an event can have major impacts on a company’s ability to operate normally. Be it a trade war, a geopolitical event like Brexit, or a natural disaster, supply chains...
Read moreOn July 1, 2020 the 26-year old North American Free Trade Agreement (NAFTA) was replaced by the Canada-United States-Mexico Agreement (CUSMA), the United States-Mexico-Canada Agreement (USMCA), and Tratado entre México, Estados Unidos y Canadá (T-MEC). Under discussion for several years, this new trade deal introduces new regulations and regulatory amendments...
Read moreAs the world’s third-largest economy, Japan is the fourth-largest U.S. trade partner, fourth-largest U.S. investment partner, and largest foreign holder of U.S. government debt. An economic powerhouse, Japan has enjoyed a healthy, bilateral trade relationship with the U.S. Now, thanks to a new trade agreement, those bonds may strengthen even...
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