Mexico to Impose 16% VAT on Foreign E-commerce Platforms Starting in 2025
Mexico’s Tax Administration Service (SAT) has announced that, beginning January 1, 2025, all foreign businesses selling products through e-commerce platforms will be subject to a 16% value-added tax (VAT). This move primarily targets major foreign e-commerce platforms like Shein, Temu, and Amazon, and is expected to generate 15 billion pesos in tax revenue for the […]
Trump Proposes Additional 10% Tariff on Chinese Imports, 25% on Goods from Mexico and Canada
President-elect Donald Trump announced on the 25th that his administration plans to impose a 25% tariff on all imports from Mexico and Canada. On the same day, Trump took to his social media account to declare that, once in office, he will implement a 10% tariff on all goods imported from China. A November report […]
How deep does a cargo ship sit in the water?
When a cargo ship sets sail, it requires adequate depth of water to navigate safely. The draft of a cargo ship refers to the distance between the waterline and the bottom of the hull. The draft can vary greatly depending on the ship’s size and cargo load. A typical Panamax container ship may have a […]
What is LCL freight?
LCL: less than container load, a way in which the owner consigns scattered or small quantities of goods and the carrier is responsible for packing. After the carrier receives this kind of goods, it is classified according to the nature and destination, and the goods of the same destination and nature are assembled into the […]
Who owns the shipping containers used in international freight?
Many different instances; most container shipping lines have vast stocks of their own containers, usually identifiable by the convenient advertising space on the sides. This variety is easily seen when containers are seen stacked aboard or in port, as in this picture: It’s worth noting that a container being owned by a carrier or forwarder […]
Is it possible to ship a container directly without using freight forwarders?
If you will ship a large shipments, you can call the shipping company directly.Or they will not accept your booking and you will not get a best price. And most of the shipping companies have their own agents,they won’t do business with others except their agents. It is better to cooperate with the freight forwarders,because […]
Amazon FBA vs FBM: Which One Is Right for Your Business?
Amazon offers two distinct fulfillment methods for sellers: Fulfillment by Amazon (FBA) and Fulfillment by Merchant (FBM). FBA is managed by Amazon, which handles order processing, packaging, and shipping, providing a wide range of services and high logistic efficiency. On the other hand, FBM requires sellers to manage their logistics, making it suitable for smaller […]
How to Discover the Ideal International Freight Forwarder for Your Needs
Navigating the world of international freight forwarding can be a daunting task, with numerous options and various factors to consider. However, by following these simple steps, you can find a reliable and trustworthy freight forwarder to cater to your needs. Step 1: Conduct Thorough Research Begin your search by exploring the myriad of available choices. […]
Canadian West Coast Strike Causes $19 Billion in Goods Backlog
Canadian West Coast Strike Causes $19 Billion in Goods Backlog The strike by port workers on Canada’s West Coast has caused $19 billion worth of goods to accumulate since Saturday, July 1, when the strike began. According to local time on July 4, the accumulated goods were worth up to $19 billion, and this number […]
International Parcels and Express Deliveries at Risk! UPS Truck Driver Strike Looms…
As contract negotiations between UPS and the Teamsters union, which represents the company’s truck drivers, break down, a major strike may erupt in August. The threat of a significant strike is becoming increasingly imminent. The negotiations between UPS and Teamsters aim to reach an agreement on a labor contract, but reportedly, both parties have been […]
