Episodes

  • From the Silk Road to the Modern Supply Chain: Timeless Lessons in International Trade from Industry Pioneer Tom Gould
    Sep 19 2024
    "Trade has become much more complex, and it's become more complex for both government regulatory reasons, but also for business reasons that companies want to save money and they want to not have surprises in their product." - Tom Gould, Industry Expert In this insightful episode, we sit down with Tom Gould, a renowned expert in the global trade industry. Tom shares his extensive career journey, from automating law firms in the early days of the IBM PC to becoming a leading consultant and advisor in the world of international trade. Main Topics and Takeaways: 1. The Timeless Nature of Global Trade - Tom Gould draws parallels between the trade practices of Christopher Columbus's era and the modern supply chain, highlighting the fundamental aspects of global trade that have remained unchanged over centuries. - "Trade is an ancient industry, right? You can go back to the days of Christopher Columbus or the Silk Road, and really what was happening then international trade. And if we look at what was happening back hundreds of years ago in the way of international trade, and we compare it to what's happening today. Over the last few hundreds of years, things have operated very similarly." 2. The Evolving Regulatory Landscape - Tom discusses the growing focus on supply chain traceability, driven by initiatives like the Uyghur Forced Labor Prevention Act (UFLPA) and the European Union's Carbon Border Adjustment Mechanism (CBAM). - "If we look at some of the other initiatives that are out there that the governments are looking at, that the government agencies are looking at, whether it be a forced labor issue, free trade agreements, anti dumping, countervailing duties, or even things like environmental aspects." 3. Challenges in Sustainability and Recycling - Tom highlights the challenges companies face in ensuring the sustainability and ethical sourcing of their products, particularly in the apparel industry, where the recycling of materials has become increasingly difficult. - "The one that I, the one that I, I think about, is recycled. I don't know if you know, but clothing recycling no longer happens, or barely happens anymore. Why is that? Because the companies that bought the recycled material can no longer guarantee that no one fiber in their new in their product that was made with recycled material was made with forced labor." 4. Tom Gould's Expertise and Consulting Areas - Tom shares his top three areas of expertise: retail products, complex duties, and de minimis shipments, highlighting the depth of his knowledge and the value he brings to his clients. This episode provides a comprehensive look at the evolving landscape of global trade, with insights from an industry pioneer, Tom Gould. Listeners will gain a deeper understanding of the historical context, regulatory challenges, and sustainability concerns that companies must navigate in the modern trade environment. Tom's expertise and practical advice offer valuable guidance for importers, exporters, and anyone involved in the complex world of international trade. Enjoy the show! Sign up for the upcoming Forced Labor training (Supply Chain Tracing) here: https://globaltrainingcenter.com/forced-labor-supply-chain-tracing/ Find us on YouTube: https://www.youtube.com/@SimplyTradePod Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/ Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/ Co-Producer: Mara Marquez: https://www.linkedin.com/in/mara-marquez-a00a111a8/ Show references: Global Training Center - www.GlobalTrainingCenter.com Simply Trade Podcast - twitter.com/SimplyTradePod Tom Gould - https://www.linkedin.com/in/tomgouldcustoms/ Contact SimplyTrade@GlobalTrainingCenter.com or message @SimplyTradePod for: Advertising and sponsoring on Simply Trade Requests to be on the show as guest Suggest any topics you would like to hear about Simply Trade is not a law firm or an advisor. The topics and discussions conducted by Simply Trade hosts and guests should not be considered and is not intended to substitute legal advice. You should seek appropriate counsel for your own situation. These conversations and information are directed towards listeners in the United States for informational, educational, and entertainment purposes only and should not be In substitute for legal advice. No listener or viewer of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal advice from counsel. Information on this podcast may not be up to date depending on the time of publishing and the time of viewership. The content of this posting is provided as is, no representations are made that the content is error free. The views expressed in or through this podcast are those are the individual speakers not those of their respective employers or Global Training Center as a whole. All liability with respect to actions taken or not taken based on the contents of this ...
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    33 mins
  • Simply Trade [Events]: Navigating Customs and Trade Challenges in the Automotive Industry: Insights from the AIAG Trade Town Hall
    Sep 18 2024
    In this episode, we dive into the upcoming AIAG North American Customs and Trade Town Hall event, where industry experts and government officials will come together to address the pressing customs and trade challenges facing the automotive sector. With a focus on networking, compliance, and forward-looking insights, this event promises to be a must-attend for anyone involved in international trade, importing, or exporting within the automotive industry. Main Points/Takeaways: 1. Networking and Industry Collaboration: The town hall provides a unique opportunity for automotive professionals to connect with peers, share experiences, and find solutions to common challenges. As Mark Hirzel notes, "you get to talk to people in your industry who are dealing with the same kinds of issues." 2. Compliance and Regulatory Insights: Attendees will have the chance to hear directly from government officials, including the new CTPAT director, on upcoming changes and priorities. As Michaela emphasizes, "if we don't bring that bell soon, we might be late to the party when customs does implement those changes." 3. Educational and Networking Opportunities: The town hall is designed to provide attendees with valuable education and the chance to build new relationships. As Myriam Cronk notes, "a lot of people are going to walk away educated, and ever so definitely new friendships, new relationships." The AIAG North American Customs and Trade Town Hall is a must-attend event for anyone involved in international trade, importing, or exporting within the automotive industry. By providing a platform for networking, compliance insights, and holistic trade perspectives, this conference promises to equip attendees with the knowledge and connections needed to navigate the complex customs and trade landscape. Enjoy the show! Sign up for the upcoming Forced Labor training (Supply Chain Tracing) here: https://globaltrainingcenter.com/forced-labor-supply-chain-tracing/ Find us on YouTube: https://www.youtube.com/@SimplyTradePod Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/ Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/ Co-Producer: Mara Marquez: https://www.linkedin.com/in/mara-marquez-a00a111a8/ Show references: Global Training Center - www.GlobalTrainingCenter.com Simply Trade Podcast - twitter.com/SimplyTradePod AIAG Town Hall - https://www.aiag.org/store/events/details?EventCode=E24CUSTOM AIAG - https://www.aiag.org Myriam Cronk - https://www.linkedin.com/in/myriamgcronk/ Michaela Dorsch - https://www.linkedin.com/in/michaela-dorsch-ccs-4b42a14/ Mark Hirzel - https://www.linkedin.com/in/markhirzel/ Contact SimplyTrade@GlobalTrainingCenter.com or message @SimplyTradePod for: Advertising and sponsoring on Simply Trade Requests to be on the show as guest Suggest any topics you would like to hear about Simply Trade is not a law firm or an advisor. The topics and discussions conducted by Simply Trade hosts and guests should not be considered and is not intended to substitute legal advice. You should seek appropriate counsel for your own situation. These conversations and information are directed towards listeners in the United States for informational, educational, and entertainment purposes only and should not be In substitute for legal advice. No listener or viewer of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal advice from counsel. Information on this podcast may not be up to date depending on the time of publishing and the time of viewership. The content of this posting is provided as is, no representations are made that the content is error free. The views expressed in or through this podcast are those are the individual speakers not those of their respective employers or Global Training Center as a whole. All liability with respect to actions taken or not taken based on the contents of this podcast are hereby expressly disclaimed.
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    36 mins
  • Simply Trade [News]: Navigating Maritime Labor Disputes and Trade Tariff Impacts
    Sep 16 2024
    In the ever-evolving world of international trade, staying informed on the latest developments is crucial for businesses and professionals. Join us as we dive into the complexities of maritime labor negotiations, the impact of trade tariffs, and the concerns surrounding Chinese-manufactured agriculture drones. Welcome to the Simply Trade News Roundup, where we explore the latest trends and challenges impacting the global trade landscape. In this episode, Annik and Lalo discuss the ongoing labor negotiations in the maritime industry, the World Trade Organization's report on the disproportionate impact of import tariffs, and the concerns raised about Chinese-manufactured agriculture drones in the United States. Main Points/Takeaways: 1. Maritime Labor Negotiations: - Annik and Lalo analyze the potential for a strike in the maritime industry, emphasizing the need for timely negotiations to avoid disruptions. - Lalo shares his perspective on the unpredictability of the situation and the importance of being prepared for various outcomes. - The discussion highlights the impact of spot rates plunging on East Coast ports due to rerouting to the West Coast, affecting supply chain efficiency. 2. Impact of Potential Strike on Trade: - Annik and Lalo explore the potential consequences of a strike, including increased costs and delays for consumers and businesses. - Lalo emphasizes the importance of having a contingency plan in place to mitigate the effects of a strike. - The conversation suggests that successful negotiations could stabilize spot rates, reducing costs and improving trade flow. 3. World Trade Organization Report on Import Tariffs: - Annik introduces a WTO report on the disproportionate impact of import tariffs on low-income households. - Lalo discusses the report's findings, highlighting the negative effects of tariffs on low-income families and small businesses. - The debate explores the implications of removing tariffs, considering the potential challenges for local manufacturers. 4. Concerns About Chinese-Manufactured Agriculture Drones: - Annik brings up concerns about Chinese-manufactured agriculture drones in the US, highlighting potential national security risks. - Lalo shares his perspective on the reputable drone manufacturer DJI and the potential for Chinese-made technology to be used for spying. - The discussion emphasizes the importance of being vigilant about the origin and security of technology used in the US. This episode of the Simply Trade News Roundup provides valuable insights for international trade professionals, importers, and exporters. By staying informed on the latest developments in maritime labor negotiations, trade tariffs, and technology concerns, businesses can better navigate the complexities of the global trade landscape and make informed decisions to support their operations and growth. Enjoy the show! Sign up for the upcoming Forced Labor training (Supply Chain Tracing) here: https://globaltrainingcenter.com/forced-labor-supply-chain-tracing/ Find us on YouTube: https://www.youtube.com/@SimplyTradePod Host: Annik Sobing: https://www.linkedin.com/in/annik-sobing-mba-b226251a2/ Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/ Co-Producer: Mara Marquez: https://www.linkedin.com/in/mara-marquez-a00a111a8/ Contact SimplyTrade@GlobalTrainingCenter.com or message @SimplyTradePod for: Advertising and sponsoring on Simply Trade Requests to be on the show as guest Suggest any topics you would like to hear about Simply Trade is not a law firm or an advisor. The topics and discussions conducted by Simply Trade hosts and guests should not be considered and is not intended to substitute legal advice. You should seek appropriate counsel for your own situation. These conversations and information are directed towards listeners in the United States for informational, educational, and entertainment purposes only and should not be In substitute for legal advice. No listener or viewer of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal advice from counsel. Information on this podcast may not be up to date depending on the time of publishing and the time of viewership. The content of this posting is provided as is, no representations are made that the content is error free. The views expressed in or through this podcast are those are the individual speakers not those of their respective employers or Global Training Center as a whole. All liability with respect to actions taken or not taken based on the contents of this podcast are hereby expressly disclaimed.
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    30 mins
  • Duty Drawback Riches with PAX CEO Penny Chen
    Sep 12 2024

    Are you leaving millions in duty drawback savings on the table? In this eye-opening episode, we sit down with Penny, the CEO of PAX, to explore how their innovative AI-powered software is transforming the complex world of duty drawback.

    Main Points/Takeaways:

    1. Democratizing Duty Drawback for SMBs: Penny reveals that a staggering $8-10 billion in eligible duty drawback claims go unclaimed each year, largely due to the complicated and labor-intensive nature of the process. PAX's mission is to lower the barriers and make duty drawback accessible to small and medium-sized businesses.

    2. Streamlining Data Collection and Processing: PAX's software leverages AI and automation to simplify the data collection and processing required for duty drawback claims. From extracting information from PDFs to integrating with ERP systems, their tools help importers and brokers streamline the entire workflow.

    3. Empowering Brokers and Importers: Penny explains how PAX's solution benefits both customs brokers and importers. Brokers can expand their duty drawback services to smaller clients, while importers can easily gather and organize the necessary data to support their claims.

    4. Unlocking Hidden Savings: By making duty drawback more accessible and efficient, PAX aims to help businesses of all sizes unlock significant savings that were previously left on the table. Penny emphasizes the retroactive nature of duty drawback, allowing companies to claim refunds for up to 5 years of past imports.

    This episode provides a fascinating glimpse into the future of duty drawback, where AI-powered solutions are revolutionizing the process and empowering importers and brokers to maximize their savings. Whether you're a seasoned trade professional or new to the industry, you won't want to miss this insider's look at the cutting-edge technology transforming international trade.

    Enjoy the show!

    Sign up for the upcoming Forced Labor training (Supply Chain Tracing) here: https://globaltrainingcenter.com/forced-labor-supply-chain-tracing/

    Find us on YouTube: https://www.youtube.com/@SimplyTradePod

    Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/ Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/ Co-Producer: Mara Marquez: https://www.linkedin.com/in/mara-marquez-a00a111a8/

    Show references:

    • Global Training Center - www.GlobalTrainingCenter.com

    • Simply Trade Podcast - twitter.com/SimplyTradePod

    • Penny Chen - https://www.linkedin.com/in/pennypinyichen/

    • Pax - https://www.getpaxai.com/

    Contact SimplyTrade@GlobalTrainingCenter.com or message @SimplyTradePod for:

    Advertising and sponsoring on Simply Trade

    Requests to be on the show as guest

    Suggest any topics you would like to hear about

    Simply Trade is not a law firm or an advisor. The topics and discussions conducted by Simply Trade hosts and guests should not be considered and is not intended to substitute legal advice. You should seek appropriate counsel for your own situation. These conversations and information are directed towards listeners in the United States for informational, educational, and entertainment purposes only and should not be In substitute for legal advice. No listener or viewer of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal advice from counsel. Information on this podcast may not be up to date depending on the time of publishing and the time of viewership. The content of this posting is provided as is, no representations are made that the content is error free. The views expressed in or through this podcast are those are the individual speakers not those of their respective employers or Global Training Center as a whole. All liability with respect to actions taken or not taken based on the contents of this podcast are hereby expressly disclaimed.

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    39 mins
  • Simply Trade [News]: Navigating Air Cargo Security, De Minimis Changes, and Surprising Trade Ties
    Sep 9 2024

    Uncover the latest developments shaping the global trade landscape, from enhanced air cargo security measures to shifting trade relations - all discussed by industry experts on the Simply Trade News Roundup podcast.

    Join Annik, Lalo, and Andy as they dive into a thought-provoking episode covering the evolving world of international trade. Discover how new TSA regulations are impacting air cargo, the latest updates on the de minimis threshold, and the surprising trade ties between Russia and North Korea.

    Main Points/Takeaways:

    1. TSA's Air Cargo Security Regulations: Understand the emergency amendments introduced by the Transportation Security Administration, requiring foreign airlines to provide more detailed information on shippers and consignees. Explore how this aims to enhance security and the challenges faced by the air cargo industry in adapting to the new requirements.

    2. De Minimis Threshold Delay: Gain insights into the US Customs and Border Protection's decision to delay the automation of the $800 de minimis threshold enforcement. Discover the rationale behind this move and how it will facilitate a smoother transition for cargo flow.

    3. Deepening Russia-North Korea Trade Ties: Analyze the implications of Russia's decision to permit imports of North Korean beer, signaling a strengthening of economic relations between the two countries despite international sanctions. Discuss the potential impact on global trade dynamics.

    4. Insider Perspectives: Hear from industry experts Andy and Lalo as they provide valuable commentary and context on the discussed topics, offering unique insights that can benefit importers, exporters, and trade professionals.

    Wrap-up: This episode of the Simply Trade News Roundup podcast delivers a comprehensive overview of the latest developments shaping the international trade landscape. By staying informed on these crucial topics, listeners can better navigate the evolving trade environment and make informed decisions to support their business success.

    Enjoy the show!

    Sign up for the upcoming Forced Labor training (Supply Chain Tracing) here: https://globaltrainingcenter.com/forced-labor-supply-chain-tracing/

    Find us on YouTube: https://www.youtube.com/@SimplyTradePod

    Host: Annik Sobing: https://www.linkedin.com/in/annik-sobing-mba-b226251a2/

    Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/

    Co-Producer: Mara Marquez: https://www.linkedin.com/in/mara-marquez-a00a111a8/

    Contact SimplyTrade@GlobalTrainingCenter.com or message @SimplyTradePod for:

    Advertising and sponsoring on Simply Trade

    Requests to be on the show as guest

    Suggest any topics you would like to hear about

    Simply Trade is not a law firm or an advisor. The topics and discussions conducted by Simply Trade hosts and guests should not be considered and is not intended to substitute legal advice. You should seek appropriate counsel for your own situation. These conversations and information are directed towards listeners in the United States for informational, educational, and entertainment purposes only and should not be In substitute for legal advice. No listener or viewer of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal advice from counsel. Information on this podcast may not be up to date depending on the time of publishing and the time of viewership. The content of this posting is provided as is, no representations are made that the content is error free. The views expressed in or through this podcast are those are the individual speakers not those of their respective employers or Global Training Center as a whole. All liability with respect to actions taken or not taken based on the contents of this podcast are hereby expressly disclaimed.

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    35 mins
  • How New Legislation Could Impact Your Cross-Border E-Commerce with Marianne Rowden
    Sep 5 2024
    It's almost easy to talk about what's not in the agreement versus what is in the agreement,' says industry expert Marianne Rowden. Dive into the details of the new WTO digital trade agreement and what it means for your international business. In this episode we are joined by Marianne Rowden, President of the E-Commerce Association, to discuss the evolving landscape of digital trade and data flows. With governments eyeing the potential to tax cross-border digital transactions, this conversation provides crucial insights for importers, exporters, and trade professionals navigating the complex world of international e-commerce. Main Topics and Takeaways: The WTO's Moratorium on Customs Duties: Marianne explains the history of the WTO's moratorium on customs duties for electronic transmissions, and the challenges faced in extending this agreement. Key Insight: "The final agreement, released on July 26, only provides a five-year moratorium on customs duties after adoption, which is shorter than expected." Impact of Digital Taxation on Global Trade: Marianne and Andy discuss the rationale behind governments' desire to tax digital transactions, and the geopolitical implications for countries like the US that have historically not taxed internet companies. Standout Quote: "As that disparity has grown, other countries desire to tax has grown because they feel that they're really just taxing American companies." De Minimis Shipments and Legislative Efforts: The conversation delves into the mushrooming volume of de minimis shipments entering the US, and the various legislative bills aimed at restricting and taxing these low-value imports. Key Takeaway: "The bills aim to restrict the use of de minimis and impose additional data requirements and penalties." Reciprocal De Minimis Agreements and Customs Processing: Andy suggests the potential for reciprocal de minimis agreements to level the playing field for US companies, while Marianne highlights the need for adequate staffing and facilities to process these shipments. Insightful Quote: "If you're going to utilize that same process, then you need to step up and have the facilities pay the surcharges and make sure that customs and the other agencies then are staff." Wrap-up: This episode provides invaluable insights for importers, exporters, and trade professionals navigating the evolving digital trade landscape. By understanding the key issues surrounding the taxation of cross-border data flows and de minimis shipments, listeners can stay ahead of the curve and make informed decisions to support their international business operations. Enjoy the show! Sign up for the upcoming Forced Labor training (Supply Chain Tracing) here: https://globaltrainingcenter.com/forced-labor-supply-chain-tracing/ Find us on YouTube: https://www.youtube.com/@SimplyTradePod Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/ Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/ Co-Producer: Mara Marquez: https://www.linkedin.com/in/mara-marquez-a00a111a8/ Show references: Global Training Center - www.GlobalTrainingCenter.com Simply Trade Podcast - twitter.com/SimplyTradePod Marianne Rowden - https://www.linkedin.com/in/marianne-rowden-43456110/ E-merchants Trade Council Inc - https://www.emtc.org/ Contact SimplyTrade@GlobalTrainingCenter.com or message @SimplyTradePod for: Advertising and sponsoring on Simply Trade Requests to be on the show as guest Suggest any topics you would like to hear about Simply Trade is not a law firm or an advisor. The topics and discussions conducted by Simply Trade hosts and guests should not be considered and is not intended to substitute legal advice. You should seek appropriate counsel for your own situation. These conversations and information are directed towards listeners in the United States for informational, educational, and entertainment purposes only and should not be In substitute for legal advice. No listener or viewer of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal advice from counsel. Information on this podcast may not be up to date depending on the time of publishing and the time of viewership. The content of this posting is provided as is, no representations are made that the content is error free. The views expressed in or through this podcast are those are the individual speakers not those of their respective employers or Global Training Center as a whole. All liability with respect to actions taken or not taken based on the contents of this podcast are hereby expressly disclaimed.
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    53 mins
  • Simply Trade [News]: Navigating Air Cargo, Tariffs, and Diplomatic Tensions
    Sep 2 2024

    In this episode of the Simply Trade Podcast, we dive into the complex world of international trade, exploring the latest developments in air cargo, tariffs, and diplomatic relations that are shaping the global business landscape.

    Join Annik and Lalo as they unpack this week's trade articles that shed light on the challenges and opportunities facing trade professionals. From the potential impact of lowering the de minimis exemption threshold for e-commerce goods to the diplomatic tensions between Mexico, the US, and Canada, this episode provides valuable insights for anyone involved in international trade, importing, or exporting.

    Main Points and Takeaways:

    Air Cargo and De Minimis Exemption:

    • The rise in e-commerce has significantly increased air cargo demand, particularly for ultra-fast fashion items.
    • Lowering the de minimis exemption threshold could impact the air cargo industry's profitability and increase costs for small businesses and consumers.
    • Proposed solutions include excluding certain countries from the de minimis, increasing data collection and reporting requirements, and working closely with brokers.

    Mexico's Judicial Reform and Diplomatic Tensions:

    • Mexico has suspended its relationship with the US and Canadian embassies over criticism of a proposed judicial reform to elect judges through popular vote.
    • This diplomatic tension could potentially spill over into trade relations, causing delays in trade-related document processing and information sharing.
    • The importance of open dialog and mutual understanding between countries is emphasized.

    Canada's Tariffs on Chinese EVs:

    • Canada has imposed a 100% tariff on Chinese electric vehicles, including Tesla models, as well as a 25% tariff on imported steel and aluminum from China.
    • This move aligns with similar actions taken by the US and EU, aimed at addressing China's state-directed policy overcapacity and ensuring fair trade practices.
    • Importers may need to find alternative sources or face higher duties, with potential implications for the global EV market.

    This episode of the Simply Trade Podcast provides valuable insights for trade professionals navigating the complex and ever-evolving landscape of international trade. From air cargo challenges to diplomatic tensions and tariff changes, the discussions offer practical takeaways and highlight the importance of staying informed and adaptable in the face of these dynamic market conditions.

    Enjoy the show!

    Sign up for the upcoming Forced Labor training (Supply Chain Tracing) here: https://globaltrainingcenter.com/forced-labor-supply-chain-tracing/

    Find us on YouTube: https://www.youtube.com/@SimplyTradePod

    Host: Annik Sobing: https://www.linkedin.com/in/annik-sobing-mba-b226251a2/

    Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/

    Co-Producer: Mara Marquez: https://www.linkedin.com/in/mara-marquez-a00a111a8/

    Contact SimplyTrade@GlobalTrainingCenter.com or message @SimplyTradePod for:

    Advertising and sponsoring on Simply Trade

    Requests to be on the show as guest

    Suggest any topics you would like to hear about

    Simply Trade is not a law firm or an advisor. The topics and discussions conducted by Simply Trade hosts and guests should not be considered and is not intended to substitute legal advice. You should seek appropriate counsel for your own situation. These conversations and information are directed towards listeners in the United States for informational, educational, and entertainment purposes only and should not be In substitute for legal advice. No listener or viewer of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal advice from counsel. Information on this podcast may not be up to date depending on the time of publishing and the time of viewership. The content of this posting is provided as is, no representations are made that the content is error free. The views expressed in or through this podcast are those are the individual speakers not those of their respective employers or Global Training Center as a whole. All liability with respect to actions taken or not taken based on the contents of this podcast are hereby expressly disclaimed.

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    27 mins
  • Detention and Demurrage in the Spotlight: Navigating the Evolving Maritime Industry with Melzie Wilson
    Aug 29 2024
    Detention and demurrage charges can be a minefield for cargo owners and service providers in the international trade and logistics industry. In this episode, industry expert Melzie Wilson shares invaluable insights on mastering these challenges through effective communication and proactive strategies. The maritime industry has seen significant changes in recent years, particularly with the introduction of the OSRA 22 and the ongoing impact of the COVID-19 pandemic. These shifts have brought the issue of detention and demurrage charges into the spotlight, highlighting the importance of supply chain visibility and communication between all parties involved. Main Points: - Explanation of Detention and Demurrage Charges: Melzie Wilson provides a detailed overview of these charges, which are assessed by ports or carriers when cargo is not picked up within a specified time frame. She discusses the impact of these charges and the importance of early customs clearance and entry filing to minimize costs. - Strategies for Cargo Owners and Service Providers: Melzie emphasizes the need for cargo owners to have multiple service provider options and to communicate regularly with their providers. She also stresses the importance of ensuring service providers are licensed and registered with the Federal Maritime Commission (FMC). - Importance of Communication and Standard Operating Procedures: Melzie highlights the critical role of communication and the establishment of clear standard operating procedures (SOPs) between all parties in the supply chain. She cautions against making assumptions and stresses the need for mutual understanding. Key Insights - "One good thing that has come out of the pandemic is supply chain visibility. Because I don't know about the two of you, but my whole career has spent telling my family and friends, not in the business what I do, and the pandemic highlighted it." - "Don't assume. One thing that this business teaches you and can cost you a lot is don't assume." This episode provides invaluable insights for cargo owners, service providers, and anyone involved in the international trade and logistics industry. By understanding the complexities of detention and demurrage charges, implementing effective communication strategies, and fostering strong partnerships, you can navigate the ever-evolving maritime landscape and optimize your supply chain operations. Don't miss this essential guide to mastering the challenges of the industry. Enjoy the show! Sign up for the upcoming Forced Labor training (Supply Chain Tracing) here: https://globaltrainingcenter.com/forced-labor-supply-chain-tracing/ Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/ Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/ Co-Producer: Mara Marquez: https://www.linkedin.com/in/mara-marquez-a00a111a8/ Show references: Global Training Center - www.GlobalTrainingCenter.com Simply Trade Podcast - twitter.com/SimplyTradePod Melzie Wilson - https://www.linkedin.com/in/melzie-wilson-7691a060/ The Global Zolutions - https://globalzolutions.com/ Contact SimplyTrade@GlobalTrainingCenter.com or message @SimplyTradePod for: Advertising and sponsoring on Simply Trade Requests to be on the show as guest Suggest any topics you would like to hear about Simply Trade is not a law firm or an advisor. The topics and discussions conducted by Simply Trade hosts and guests should not be considered and is not intended to substitute legal advice. You should seek appropriate counsel for your own situation. These conversations and information are directed towards listeners in the United States for informational, educational, and entertainment purposes only and should not be In substitute for legal advice. No listener or viewer of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal advice from counsel. Information on this podcast may not be up to date depending on the time of publishing and the time of viewership. The content of this posting is provided as is, no representations are made that the content is error free. The views expressed in or through this podcast are those are the individual speakers not those of their respective employers or Global Training Center as a whole. All liability with respect to actions taken or not taken based on the contents of this podcast are hereby expressly disclaimed.
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    36 mins