Archive: Aug 2018

Chewing the VAT

“Filing VAT returns on time is crucial to your business,” warns Mohammed Fathy, general manager of Al Dhaheri Jones & Clark. “A delay can not only cause a huge amount of stress, but also threaten your entire business should you fail to comply.” Value-added tax (VAT) is a consumption tax that applies to all goods […]

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DP World Extends Services to Europe with Unifeeder Acquisition

DP World Extends Services to Europe with Unifeeder Acquisition

To expand its presence in Europe, Dubai port operator DP World acquired Danish logistics company Unifeeder from Nordic Capital Fund VIII and certain minority shareholders for $765 million. The aim is for DP World to boost its presence in the global supply chain and broaden its product offering to shipping firms and cargo operators, according […]

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Tom Derry

How to Reach the Pinnacle of Success

Last year, at age 29, Daniel Kaskinen, manager, strategic sourcing at Premier Inc., became the megawatt winner of the ISM®/Thomas™ 30 Under 30 Rising Supply Stars Recognition Program. He was recognized for his exceptional success at improving efficiencies and saving millions of dollars at his previous company, even at an early point in his career. […]

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How to Know if Your Freight Broker Is Legitimate

Freight brokers act as intermediaries in moving shipping and logistics forward, and in recent years, more brokerage operations have flooded the scene, making it easier to secure a partnership that is beneficial to your overall business. While having more options for freight brokers is beneficial in finding the best fit intermediary for the best price, […]

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Julie Gibbs

How to Prepare for Proposed China Tariffs

At the stroke of midnight July 6, 2018, tariffs against imports of tens of billions in yearly value of Chinese goods took effect for goods entered into or withdrawn from warehouses for consumption. Here’s what you should know: The 25-percent duties are based on country of origin, not country of export, and apply only to […]

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