Are you ready for ICS2?
What is ICS2? The European Union makes it a top priority to ensure the security of its citizens and single market. Every year trillions of Euros worth of goods are imported into EU, with the EU-27 now accounting for around 15 % of the world’s trade in goods. The European Union is implementing a new […]
Correlation Tables HS 2017 – 2022 – New HS code edition
INTRODUCTION This section contains the Tables correlating the 2017 and 2022 editions of the Harmonized System, as drawn up by the World Customs Organization’s Secretariat in accordance with instructions received from the Harmonized System Committee. Though these Tables were examined by the Harmonized System Committee, they are not to be regarded as constituting classification decisions […]
BREXIT – HOW TO GET READY FOR THE END OF THE TRANSITION PERIOD
Brexit: What changed on 1 February 2020 for customs and tax? The United Kingdom left the European Union on 31 January 2020. In accordance with the Withdrawal Agreement, it is now officially a third country to the EU and hence no longer participates in EU decision-making. The EU and the UK have, however, jointly agreed […]
BREXIT – HOW TO GET READY FOR THE END OF THE TRANSITION PERIOD
Brexit: What changed on 1 February 2020 for customs and tax? The United Kingdom left the European Union on 31 January 2020. In accordance with the Withdrawal Agreement, it is now officially a third country to the EU and hence no longer participates in EU decision-making. The EU and the UK have, however, jointly agreed […]
EU to impose tariffs on up to $4 billion of U.S. products
LONDON — The European Union will slap tariffs on up to $4 billion worth of U.S. products Monday, after what it described as a “lack of progress” from America on resolving a long-standing dispute over aircraft subsidies. The EU and the U.S. have been at odds over the issue since 2006. The World Trade Organization […]
Company Culture Update: Using technology to empower employees, not replace them
Innovations in technology have provided freight brokers with efficient solutions for their clients. But as digital freight brokerages gain traction, in what capacity does the human element factor into each transaction? On this episode of Company Culture Update, Trailer Bridge Vice President of Logistics Eric Masotti discussed the benefits of incorporating virtual solutions and human […]
The Israeli artificial intelligence company that is revolutionizing the world of shipping and custom
To this day, customs officials around the world spend countless hours on paperwork in a system that has experienced little change over time. Now, with AiDock’s artificial intelligence technology, this work can be performed seamlessly without human intervention, thus streamlining traditional industries and returning them to profitability. Read more…
The Israeli artificial intelligence company that is revolutionizing the world of shipping and custom
To this day, customs officials around the world spend countless hours on paperwork in a system that has experienced little change over time. Now, with AiDock’s artificial intelligence technology, this work can be performed seamlessly without human intervention, thus streamlining traditional industries and returning them to profitability. Read more…
E-Commerce Boom Offers Lifeline for Oil
In a world ravaged by coronavirus, freight is again growing, in some areas rapidly. And that means diesel. Look across the street from your home-office window: chances are you will see a delivery van. Trucks from Amazon.com Inc. and other e-commerce companies have become ubiquitous during the pandemic. In much of the industrialized world, an […]
Modernizing VAT for cross-border e-commerce
Latest news On 30 September 2020, the Commission published Explanatory Notes on the new VAT e-commerce rules. They contain extensive explanations and clarifications on these new rules including practical examples on how to apply the rules if you are a supplier or an electronic interface (e.g. marketplace, platform) involved in e-commerce transactions. These explanatory notes […]