Simply Trade
Do you find yourself randomly classifying products… when you are not at work? Does the reason why you jump out of bed every morning have anything to do with validating your supply chain to insure trade compliance? Did you sit in your favorite chair with a glass of wine, paging through the latest regulations and thought to yourself, ‘what a great way to spend my free time’? If any of these apply to you, then you are very likely a ‘trade geek’… that is why we created Simply Trade just for you. Your hosts, Andy and Lalo have a combined 60+ years in the industry. Covering everything from logistics to technology. There is so much to learn with the ever-evolving world of trade. We’ve invited some friends over to our podcast to simply ’shoot the ship’ on all things trade. So join us every week as we discuss current and important trade topics with experts in their field who are passionate about helping you succeed! You’ll never run out of things to learn when it comes to trading goods across international borders. Let’s get to it!
Episodes
5 days ago
5 days ago
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.
Monday Sep 02, 2024
Simply Trade [News]: Navigating Air Cargo, Tariffs, and Diplomatic Tensions
Monday Sep 02, 2024
Monday Sep 02, 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.
Thursday Aug 29, 2024
Thursday 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.
Wednesday Aug 28, 2024
Simply Trade [Events]: An Exclusive Look at the Must-Attend ICPA Fall Conference
Wednesday Aug 28, 2024
Wednesday Aug 28, 2024
In this episode, we're joined by a panel of experts from ICPA to get an exclusive behind-the-scenes look at their upcoming Fall Conference. Learn about the must-attend sessions, valuable networking opportunities, and the unique blend of serious trade topics and fun social events that make this conference a must for anyone involved in importing, exporting, or international logistics.
Main Points/Takeaways:
1. Cutting-Edge Content: The ICPA conference is packed with sessions covering the latest trends and challenges in international trade, from updates on priority trade issues and preparing for the broker's exam to deep dives into topics like anti-dumping, countervailing duties, and managing imports between the US and Canada.
2. Unparalleled Networking: The conference is renowned for its welcoming, tight-knit community, where seasoned professionals and newcomers alike can connect, share knowledge, and even find new job opportunities. Experienced attendees emphasize the importance of making new connections and not missing out on the valuable hallway conversations.
3. Balancing Serious and Fun: While the conference delivers a wealth of serious, high-level content, it also strikes a perfect balance with social activities like calf roping, line dancing, and free-flowing networking events. This unique blend helps trade professionals decompress and build lasting relationships.
4. Hybrid Flexibility: The conference offers a hybrid model, allowing attendees to participate in-person or virtually, with on-demand access to sessions for 60 days after the event. This flexibility caters to diverse schedules and budgets, ensuring everyone can access the valuable education and networking.
5. Continuing Education Credits: The ICPA conference is accredited to provide continuing education credits for various trade certifications, making it a one-stop-shop for professionals looking to maintain their credentials and stay ahead of the curve.
Key Insights:"If you're new to trade, and you're looking and so many people I will run into and they and I'll introduce them to the icpa, and they're like, oh my gosh, this, I didn't even know this, this organization ever existed. And, you know, and they go to their first conference, and it's like, they feel like there's like, overload. And it's like, oh my gosh, it's gonna be but it's so it's one of those conferences that it's warm, it's welcoming. Whether you're new or if you've been in the business over 30 years, everybody is there to learn. Everybody is there to meet one another." - Chris
The ICPA fall conference is a must-attend event for anyone involved in international trade, importing, or exporting. With its cutting-edge content, unparalleled networking opportunities, and perfect balance of serious and fun, this conference is the ultimate destination to stay ahead of the curve, build valuable connections, and take your trade career to new heights. Don't miss your chance to unlock the secrets to navigating the complex world of international trade - tune in now!
Enjoy the show!
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
Elisabeth Sherrell - https://www.linkedin.com/in/elisabeth-sherrell-ced-58b37156/
Bonnie Kersch - https://www.linkedin.com/in/sara-bowersox-64b3271ba/
Cindy Hazlett - https://www.linkedin.com/in/cindy-hazlett-a78a49/
Chris Scalisi - https://www.linkedin.com/in/christopher-scalisi-ccs-71a17a27/
ICPA - www.ICPAinc.org
ICPA Fall Conference - https://web.cvent.com/event/74f93406-6041-4487-833e-e568e6b4c04e/summary
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.
Sunday Aug 25, 2024
Simply Trade [News]: Supply Chain Disruptions and Defense Exports
Sunday Aug 25, 2024
Sunday Aug 25, 2024
We dive into the critical issues impacting global trade and supply chains, from the threat of a Canadian rail shutdown to the groundbreaking AUKUS agreement and China's export restrictions on a crucial mineral. Plus, a surprising fact about the world's top honey exporter.
Join Annik and Lalo as they tackle the latest developments in the world of international trade and logistics. With Andy temporarily away due to a move, this episode provides a unique perspective on the challenges and opportunities facing businesses in the current global landscape.
Main Points/Takeaways:
Canadian Rail Shutdown and Supply Chain Threats
The ongoing labor dispute in the Canadian rail sector has resulted in a significant shutdown of freight traffic, posing a serious threat to the transportation of essential commodities.
The potential impact is significant, with the 2020 rail strike in Canada estimated to have cost the economy $1 billion.
The increased reliance on e-commerce and mail-order services heightens the importance of a reliable rail network for businesses and consumers.
AUKUS: Streamlining Defense Exports
The AUKUS agreement between Australia, the UK, and the US introduces legislative reforms to remove licensing requirements for defense exports between the countries.
This move aims to bolster scientific, technological, and industrial collaboration, while streamlining trade processes.
The changes are expected to have a positive impact, with approximately 900 export permits previously required for trade between the three countries being scrapped.
China's Export Restrictions on Antimony
China has announced export restrictions on antimony, a crucial mineral used in defense and electronic industries.
The US relies heavily on Chinese imports of antimony, and this move poses a significant concern for US national security.
Businesses in affected industries will need to explore alternative sources, such as Tajikistan and Australia, to secure their supply chains.
New Zealand's Honey Exports
As a fun fact, the podcast reveals that New Zealand is the country with the highest dollar value of honey exports, accounting for 12% of the global natural honey trade.
This highlights the importance of maintaining strong trade relationships, even in unexpected sectors, to ensure the resilience of supply chains.
This episode of Simply Trade provides valuable insights into the complex and ever-evolving world of international trade. From the threat of supply chain disruptions to the opportunities presented by new trade agreements, businesses in the import/export and logistics sectors will find this podcast episode informative and thought-provoking. Stay tuned for more engaging discussions on the latest trends and developments in the world of global 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: 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.
Thursday Aug 22, 2024
Thursday Aug 22, 2024
Navigating the complex world of trade compliance just got easier. In this eye-opening episode, we sit down with Rachel Winkler, a former DHS official and trade compliance expert, to uncover the latest government crackdowns, potential pitfalls, and proven strategies for keeping your international trade business on the right side of the law.
As global supply chains become increasingly interconnected, the stakes for trade compliance have never been higher. From forced labor regulations to economic espionage, companies of all sizes face mounting pressure to ensure their operations are above board.
Main Points/Takeaways:
1. Increased Government Scrutiny on Chinese-Affiliated Companies- Rachel shares insights on the U.S. government's heightened focus on investigating trade fraud allegations, particularly among Chinese-owned subsidiaries operating in the U.S.- She discusses the potential for criminal charges against company leadership who turn a blind eye to red flags in their supply chain.
2. Proactive Compliance Measures for Small Businesses- Even small importers and exporters are not immune to trade compliance risks. Rachel emphasizes the importance of thorough vetting and due diligence, no matter the size of your operation.- "Just because you're a small shop doesn't mean you know these, these issues don't apply to you. If you are looking you know if some if a price seems too good to be true, there's probably a reason for it."
3. Collaborative, Whole-Company Approach to Trade Compliance- Effective trade compliance requires buy-in and participation from across an organization - from purchasing and legal to IT and the C-suite.- As Rachel notes, "the importance of collaboration between compliance, purchasing, legal, and IT groups for effective compliance."
Key Insights:- The government is actively pursuing criminal charges against companies and leaders who knowingly turn a blind eye to trade compliance issues.- Proactive measures like thorough supplier vetting and comprehensive employee training are critical, even for small businesses.- A siloed approach to trade compliance is a recipe for disaster - fostering a collaborative, "whole-company" mindset is key to mitigating risks.
Don't let your international trade business become the next target of government enforcement. Tune in to hear Rachel Winkler's expert insights on navigating the ever-evolving compliance landscape and protecting your operations from costly violations. This episode is a must-listen for any importer, exporter, or trade professional looking to stay ahead of the curve.
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
Rachel Winkler - https://www.linkedin.com/in/rachel-winkler-34282735/
Nixon Peabody LLP - https://www.nixonpeabody.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.
Monday Aug 19, 2024
Simply Trade [News]: From E-Commerce Crackdowns to Port Strikes
Monday Aug 19, 2024
Monday Aug 19, 2024
In this week's Simply Trade News Roundup, we dive into the latest developments impacting international trade, importing, and exporting. From new legislation targeting Chinese e-commerce to labor negotiations that could disrupt the supply chain, this episode is a must-listen for trade professionals.
Main Points & Takeaways:
1. US Bill Targets Chinese E-Commerce Imports: The US Senate has introduced the "Fighting for America Act" to enhance scrutiny on low-value shipments from China. This legislation aims to address the influx of illicit goods and counterfeit products entering the US market. As consumers, we're encouraged to be more mindful of where our purchases come from and support ethical supply chains.
2. EU Investigates Chinese EV Subsidies: The European Commission remains confident that its measures against state subsidies for Chinese electric vehicles comply with WTO regulations. However, China has challenged the investigation outcomes, leading to a formal WTO consultation. This dispute highlights the ongoing tensions around fair trade practices and the use of forced labor.
3. Potential Port Strikes Loom: Labor negotiations between the US Maritime Alliance and the International Longshoremen Association have stalled, increasing the likelihood of a strike at US East and Gulf Coast ports. This could significantly disrupt the upcoming holiday shipping season, prompting importers to reroute cargo and explore alternative transportation options.
4. Henry Ford's Supply Chain Legacy: Did you know that Henry Ford was a pioneer of modern supply chain management? His innovations, such as centralized operations, improved coordination, and multimodal transportation, laid the foundation for many of the practices we see today. Even the iconic Kingsford charcoal briquettes have their roots in Ford's efforts to repurpose byproducts from his car manufacturing.
This episode of Simply Trade News Roundup is a must-listen for anyone involved in international trade, importing, or exporting. By staying informed on the latest developments, trade professionals can better navigate the evolving global landscape and make informed decisions to optimize their supply chains. Don't miss out on these insights – tune in now and share with your network!
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.
Thursday Aug 15, 2024
Thursday Aug 15, 2024
"They wouldn't have it there, but we would have gotten it later, for sure." - This quote from the conversation hints at the fun, social, and fun-filled nature of the industry relationships discussed in this episode.
In the fast-paced world of international trade, importing, and exporting, strong relationships and mentorship can make all the difference. This episode takes you behind the scenes of the close-knit customs, freight, and logistics industry, where camaraderie and lifelong bonds are forged over shared experiences and a love of life.
Main Points/Takeaways:
Kiko Zuñiga's journey in the logistics industry, from working in various roles to becoming a respected leader and mentor in the NCBFAA
The importance of giving back to the industry and promoting it to the next generation of professionals
The power of mentorship and the lasting impact it can have, as shared by Kiko's colleagues and protégés
The fun, social, and sometimes hilarious moments that bring this tight-knit community together, from tequila-fueled adventures to running marathons
The value of diverse perspectives and learning from each other, even from competitors and colleagues
Key Insights: "Every person that spoke today has been a mentor to me as well, and showing me things that I probably would not have done before." - Kiko Zuñiga
This episode celebrates the impact of industry mentors like Kiko Zuñiga, whose guidance and leadership have inspired countless professionals in the freight, logistics, importing, and exporting industries. Whether you're a seasoned veteran or just starting out, the stories and insights shared here will remind you of the power of building meaningful connections and paying it forward in your career.
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
Federico "Kiko" Zuñiga - https://https://www.linkedin.com/in/kiko-zuniga-2570086/
Cynthia Whittenburg - https://www.linkedin.com/in/cynthia-whittenburg/
NCBFAA Education Institute (NEI) - https://www.ncbfaa.org/education
Megan Montgomery - https://www.linkedin.com/in/megan-montgomery-a25b9112/
JD Gonzalez - https://www.linkedin.com/in/jd-jose-gonzalez-7132111/
NCBFAA - https://www.ncbfaa.org/
Lenny Feldman - https://www.linkedin.com/in/customslawyerlenny/
Jeff Coppersmith - https://www.linkedin.com/in/jeff-coppersmith-1a363223/
Geoffrey Powell - https://www.linkedin.com/in/geoffrey-powell-14838210/
Len James - https://www.linkedin.com/in/len-james-2496b96/
Contact SimplyTrade@GlobalTrainingCenter.com or message @SimplyTradePod for:
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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.
Wednesday Aug 14, 2024
Wednesday Aug 14, 2024
"Nobody has the resources to examine 100% of cargo. The thought of needing to do that was unrealistic, and it took time for customs and the private sector to embrace a collaborative approach."
In this episode, we sit down with Erik Moncayo, the International President of the World BASC Organization (Business Alliance for Secure Commerce), to discuss the critical role of supply chain security in international trade, importing, and exporting. BASC is a non-profit organization that works to facilitate secure and efficient trade by bridging the gap between customs agencies and the private sector.
Main Points/Takeaways:
1. The Evolution of Customs-Private Sector Collaboration- The initial resistance and "Mexican standoff" mentality between customs and companies when trying to implement trust-based programs like FAST- The gradual shift towards a collaborative approach, where customs and the private sector work together to secure the supply chain
2. Securing the Supply Chain in Latin America- BASC's role in helping Latin American customs agencies build their AEO (Authorized Economic Operator) programs- The organization's efforts to align BASC certifications with international standards like CTPAT
3. The Importance of Facility-Level Security Audits- BASC's annual audits that require companies to conduct internal assessments of their security processes- The analogy of "running a tight ship" to prevent and quickly identify supply chain disruptions
4. The Growing Prominence of Supply Chain Security in Academia- The emergence of dedicated supply chain security degree programs at universities- BASC's efforts to engage with academic institutions at their upcoming global conference
By fostering collaboration between customs agencies, the private sector, and academic institutions, the World BASC Organization plays a crucial role in strengthening the security and efficiency of global supply chains. This episode provides valuable insights for anyone involved in international trade, importing, or exporting, highlighting the importance of proactive security measures and the benefits of public-private partnerships.
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
Erik Moncayo - https://www.linkedin.com/in/erikmoncayo1/
World BASC Organization and event registration - https://www.wbasco.org/en
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.
Monday Aug 12, 2024
Simply Trade [News]: Sanctions, Outages, and Metal Surpluses
Monday Aug 12, 2024
Monday Aug 12, 2024
In the dynamic world of international trade, staying ahead of the curve is essential. Join us as we unpack the latest developments that are shaping the industry, from shifts in US sanctions enforcement to the operational challenges faced by major ports and the evolving global metal market.In this episode of the Simply Trade News Roundup, our expert hosts Annik, Lalo, and Andy delve into a range of topics that are crucial for trade professionals to understand. From the appointment of a new acting Under Secretary for Terrorism and Financial Intelligence at the US Treasury Department to the power outage challenges at the Port of Los Angeles, and the implications of China's diminishing demand for metals, this episode covers a diverse array of issues that can impact global trade, importing, and exporting.
Main Points and Takeaways:
1. US Treasury Department's New Leadership:- Brad Smith has been named the acting Under Secretary for Terrorism and Financial Intelligence, responsible for overseeing sanctions and foreign relations.- Experts believe this appointment will provide much-needed direction and leadership in the enforcement of sanctions, which is crucial for US foreign policy.- Lalo expects consistent enforcement of sanctions under the new leadership, while Andy predicts a crackdown on non-compliance within the next 30-60 days.
2. Power Outages at the Port of Los Angeles:- The Port of Los Angeles has experienced nine power outages in 2022 alone, causing significant disruptions to operations.- The reliance on overhead power lines and infrastructure challenges have raised concerns about the operational efficiency and reliability of the port.- Annik expresses concern about the impact on trade and logistics, while Andy argues that California's energy policies, such as the mandates for electric vehicles and equipment, are straining the electrical grid.- Lalo highlights that the neighboring Port of Long Beach, with its preparedness measures and backup power, has experienced fewer interruptions.
3. China's Diminishing Demand for Metals:- China's overproduction of rare earth minerals has led to a supply surplus, influencing global prices and market sentiment.- While this trend poses challenges for US buyers, it also presents opportunities for more environmentally-friendly mining practices.- Lalo wonders if this surplus could impact the tariffs on steel and aluminum imports to the US, while Andy suggests that the shift away from China in global supply chains is a contributing factor.
This episode of the Simply Trade News Roundup provides valuable insights into the evolving landscape of international trade. By staying informed on these critical developments, trade professionals can better navigate the complexities of global trade and identify potential opportunities or risks. Whether you're involved in importing, exporting, or any aspect of the international trade ecosystem, this episode offers a comprehensive overview of the factors shaping the industry, empowering you to make more informed decisions and stay ahead of the curve.
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/
Guest Host: Renee Chiuchiarelli: https://www.linkedin.com/in/renee-chiuchiarelli-8964a19/
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.
Why Simply Trade
We have been in the business of educating companies and trade professionals in all things trade since 1991. In that time we have helped thousands with meet their trade compliance challenges face on.
Because trade changes almost daily and not all topics could be covered in a full day of training, we created the Simply Trade podcast to continue to educate and inform the trade community about current changes, new information, or just about anything trade related.
We would like your feedback on what we are doing right or wrong to make the show better. Also, if you, or someone you know, would like to be a guest on the show, or would like to sponsor the show, or just want to suggest a topic for us to cover on the show, please reach out to us via email at SimplyTrade@GlobalTrainingCenter.com or via Twitter @SimplyTradePod.
We hope you enjoy the show and do not hesitate to reach out to us.