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This Week in Logistics News (February 11 – 17)

Logistics Viewpoints

From January 28 to February 4, a Chinese-operated high-altitude balloon was seen in North American airspace, including Alaska, western Canada, and the contiguous United States. The average contract cost of shipping a container from China to the U.S. A big story earlier this month was the reported Chinese spy balloon. That’s down 28.4%

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What Are General Rate Increases in Shipping & What Should Enterprises Know?

Intelligent Audit

The GRI shipping term refers to the usual increase in fees that are applied to container shipping rates. To help your company keep total costs in check, this blog will dig into the fundamentals behind GRI shipping increases, what a GRI surcharge is and a few other things to know. What GRI Stands for in Shipping.

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Marijuana Supply Chain: Profits and Headaches

Logistics Viewpoints

These states include Alaska, Arizona, California, Colorado, Connecticut, Delaware, Illinois, Maine, Massachusetts, Michigan, Missouri, Montana, Nevada, New Jersey, New Mexico, New York, Oregon, Rhode Island, Vermont, Washington, and Washington D.C. But climate change and droughts can certainly hinder production.

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Marijuana Supply Chain: Profits and Headaches

Logistics Viewpoints

These states include Alaska, Arizona, California, Colorado, Connecticut, Delaware, Illinois, Maine, Massachusetts, Michigan, Missouri, Montana, Nevada, New Jersey, New Mexico, New York, Oregon, Rhode Island, Vermont, Washington, and Washington D.C. But climate change and droughts can certainly hinder production.

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Getting Christmas Goods on Time: FedEx and UPS Roll Out Holiday Shipping Deadlines

Intelligent Audit

Holiday shipping schedules for parcel carriers, FedEx , UPS, and USPS are now available. The dates are near mirror images of shipping deadlines for the 2019 and 2020 peak seasons. Holiday Shipping Deadlines for UPS. The shipping deadline for delivery by December 24, 2021, delivery depends on the service level.

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Package Theft Season is Here

Logistics Viewpoints

The median value of stolen merchandise was $50, with state-specific averages varying from $30 (Arizona) to $80 (Alaska). If these tools still do not eliminate package theft, consumers can have the items shipped to a PO Box or a pick-up locker.

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Understanding Inventory Tax: An eCommerce Merchant’s Guide

Ware2Go

Similar to sales tax and economic nexus, inventory tax requirements vary by state and can vary based on how long the inventory is stored there, whether it is being shipped out of state or being stored in a 3PL or other third party warehouse , and in some cases may even include work in process (WIP) inventory. Is There a Federal Inventory Tax?