Archive: December 2024
December 12, 2024
Changes to the HTS and Schedule B for January 1, 2025
The 484(f) Committee has released the Fall 2024 list of changes to the Harmonized Tariff Schedule (HTS) and Schedule B, which will become effective January 1, 2025. The Committee is an interagency committee made up of representatives from the U.S.…
READ MORE >December 9, 2024
Ex Works (EXW) vs. Free on Board (FOB) — A Comparative Analysis
Understanding Incoterms® like Ex Works (EXW) and Free on Board (FOB) is crucial for businesses seeking logistics services. These foundational Incoterms® establish distinct frameworks for risk transfer, cost allocation and operational responsibilities between the…
READ MORE >December 9, 2024
A Guide to 1PL, 2PL, 3PL, 4PL, 5PL, 6PL, and 7PL Logistics Models
Logistics is the backbone of efficient supply chain management. It encompasses the planning, execution, control, movement and storage of your products. Looking into the various logistics models is critical as…
READ MORE >December 5, 2024
ILA Leader Says Port Automation is Key to Negotiations
The executive vice president of the International Longshoremen’s Association (ILA) has issued a statement against port automation technology, including rail-mounted gantry cranes, as a key factor in stalled contract negotiations with the USMX (source: Supply Chain Brain).
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