Our guest on this week's episode is Ram Ben Tzion, the founder and CEO of Publican. Today marks the end of the De Minimus tax exemption for many imported goods. If you are not familiar with that exemption, it was designed to reduce the import paper work and tax duty collecting for low-value goods. But as a result, there were claims of abuse, unfair competition, and that the exemption allowed drug traffickers to easily import illegal drugs. So, starting today, there are new rules. Our guest shares the details and how supply chains will be affected.
This week, the Transportation Intermediaries Association (TIA) released a report showing that freight brokers nationwide are facing some pretty staggering losses due to cargo theft and what they say are “increasingly complex fraud schemes.” We examine the most common scheme and what can be done to reduce fraud and cargo theft.
This week the administration ordered that all truck drivers be proficient in understanding the English language in order to drive a truck in the United States. The new order rescinds the previous guidance issued by the Federal Motor Carrier Safety Administration (FMCSA), which back in 2016 had relaxed the enforcement of existing English proficiency standards. Drivers found not to be in compliance will automatically declared "out of service." Exactly how it will be enforced and what the specifics are remain to be seen.
Supply Chain Xchange also offers a podcast series called Supply Chain in the Fast Lane. It is co-produced with the Council of Supply Chain Management Professionals. All episodes are available to stream now. Go to your favorite podcast platform to subscribe and to listen to past and future episodes. The podcast is also available at www.thescxchange.com.
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