Due to the complexities of importing into the US, there are numerous benefits to working with a Miami customs broker. A Customs Broker is a licensed professional who coordinates the release of goods from customs upon entry into a country. In the US, brokers ensure...
While not common for someone who has never imported before, a shipper must understand what an ISF filing is. An Importer Security Filing (ISF), also known as a 10+2, is a form that has important information about a shipment. On the filing, importers must have...
Al realizar envíos internacionales de carga, es esencial comprender cómo manejar los envíos detenidos por aduanas. Un envío detenido puede interrumpir su cadena de suministro, incrementar los costos por demora y retrasar la distribución de productos. Para los...
Debido a la complejidad de importar mercancías a Estados Unidos, hay numerosos beneficios al trabajar con un agente de aduanas en Miami. Un agente de aduanas es un profesional con licencia que coordina la liberación de mercancías por parte de la aduana al ingresar a...
What Does 2019 Mean for Air Cargo Freight Shipping?
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Last year saw a couple of impressive growths regarding airfreight and transportation. We saw a year over year (YOY) growth of 4.5 percent for worldwide air cargo volume. Playing off of this fact airfreight saw a 9 percent growth, which is the most significant growth since 2010. Now, this all sounds well and good for last year, but what does that mean for a year that we have only been in for a month?
An Optimistic Future
During the beginning of January, a survey done by a passenger and cargo executives for the IATA Airlines Business Confidence Index. They found that there was an improvement in the year-on-year profitability in the final quarter of the year. The
IATA expects a robust demand growth on both freight and passenger sides of the business.
There are some who believe airfreight shipping will take a hit due to the rising price of fuel, but the overall consensus is that this deficit will counteract from the from the final estimate.
There seem to be many conflicting ideas over how the profits will change throughout the year, but they seem mostly positive. The survey found that 41 percent reported an annual increase in freight yields, which was the second highest share since July 2011.
The purpose this survey has served is to identify some specific company’s profit increase over the previous year. They then run this parallel to earlier years in which the profit percentage increase mirrors that of those years. They can then see what the pro
fit increase for the following year was like, and can then make an educated estimation of how the coming year will be.
With the committee that did this research assured that this year would see an increase in air cargo profits.
The tariff battle is far from over. The Court of International Trade (CIT) has denied the government’s request to pause enforcement of its ruling striking down President Trump’s Section 122 tariffs.
Big news for importers! The first wave of tariff refunds is set to begin May 12, giving businesses a long-awaited opportunity to recover funds paid under the now-overturned IEEPA tariffs.
Global shipping is feeling the pressure as the Strait of Hormuz is still clogged amid escalating tensions involving Iran, Israel, and the United States.
Un buen agente de carga internacional puede marcar la diferencia en el éxito de sus envíos. Conozca los riesgos de no utilizar uno confiable y las cualidades que debe buscar.