Tag Archive for: frieght

Aca International EU Customs taxes

EU Takes a Giant Leap towards Digitalizing Its Tax System

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Aca International EU Customs taxes

The European Union has taken a major step forward in the digitalization of its tax system with the announcement that all excise duty transactions in the EU have become fully electronic as of 13 February. This move is part of the EU’s ongoing efforts to modernize and streamline its tax systems, and it is expected to have significant benefits for businesses and consumers alike.

Excise duty is a tax that is imposed on certain goods, such as alcohol, tobacco, and energy products. In the past, businesses had to file paper-based excise duty returns and pay their taxes using traditional payment methods. This process was often time-consuming and cumbersome, and it created a significant administrative burden for both businesses and tax authorities.

With the transition to fully electronic excise duty transactions, businesses can now file their returns and make their payments online using the EU’s Excise Movement and Control System (EMCS). This system allows businesses to track their excise goods in real-time and to receive instant notifications when their goods have been released or detained.

The move to electronic excise duty transactions is expected to have significant benefits for businesses. It will reduce the administrative burden associated with filing paper-based returns and making traditional payments, and it will help businesses to streamline their operations and reduce their costs. Additionally, the real-time tracking provided by the EMCS will help businesses to better manage their supply chains and to improve their overall logistics processes.

Consumers are also expected to benefit from the move to electronic excise duty transactions. With the EMCS, consumers will have greater visibility into the supply chains of the products they purchase, which will help them to make more informed buying decisions. Additionally, the EMCS will help to reduce the likelihood of fraud and counterfeiting, which will improve the overall safety and quality of the products that consumers purchase.

In conclusion, the move to fully electronic excise duty transactions is a major milestone for the EU’s tax system. It is expected to have significant benefits for businesses and consumers alike, and it represents an important step forward in the digitalization of the EU’s economy. As the EU continues to modernize and streamline its tax systems, we can expect to see further benefits for businesses and consumers in the years to come.

If you have any queries call us at +353 1 533 7772 or email us at [email protected]. And visit our website, our facebook and Linkedin pages.

2023 Trends ACA

2023 Supply Chain trends and forces to watch (part 2)

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Supply Chain 2023 ACA

There are opportunities for supply chain professionals to thrive during this time of evolution, optimism, and innovation, and the emphasis will shift to greater decision-making and progress towards sustainability.

What key trends and forces will shape supply chains in 2023? Continuing on from our previous article, here is the second part of the list.

5 – Tools that are more agile and time-saving will replace Excel

It’s true that modern digital technologies are revolutionizing the way supply chain processes are being managed. From data-driven analytics to automated processes, these advancements are allowing businesses to improve their operations and optimize their supply chain in new and exciting ways.

6 – More than ever, supply chains must sense, plan, and execute changes quickly

To support the need for faster changes in supply chains, investing in the right technology is essential. Automation can help with the sensing, planning, and execution of changes, as well as provide real-time visibility into the supply chain.

7 – There is no longer a choice between speed and accuracy for supply chain planners

With the latest advancements in technology, it is now possible to have both speed and accuracy when it comes to planning and managing a supply chain. By utilizing automated processes and predictive analytics, supply chain planners can now make faster and more reliable decisions.

8 – Supply chains will be built digitally in order to empower people rather than replace them

Digital supply chains can empower people to do their jobs more efficiently and effectively. By automating manual processes, digital supply chains can save people time and money, while still allowing them to have control over the process.

If you have any queries call us at +353 1 533 7772 or email us at [email protected]. And visit our website, our facebook and Linkedin pages.

2023 Trends ACA

2023 Supply Chain trends and forces to watch (part 1)

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Supply Chain 2023 ACA

 

There are opportunities for supply chain professionals to thrive during this time of evolution, optimism, and innovation, and the emphasis will shift to greater decision-making and progress towards sustainability.

 

What key trends and forces will shape supply chains in 2023?

1- Every stage of the planning process will take sustainability into account

The supply chain will be infused with sustainability next year, from energy sourcing to production, storage, delivery, and disposal of materials.

2- It will be necessary for supply chain professionals to learn how to communicate with CFOs

As a supply chain executive, it’s important to take advantage of the opportunity to develop a relationship with the C-suite. This requires translating their work into the language of the chief financial officer (CFO)

3- Resilience is a critical factor in achieving a tangible ROI

Businesses can take proactive steps to strengthen their supply chains and make them more resilient. With disruption and volatility set to continue into 2023, One way of doing this is to focus on diversifying their supply chain.

4- Supply chain changes will occur faster than ever.

Modern digital technologies are revolutionizing the way supply chain processes are being managed. By creating seamless, end-to-end supply chain planning, businesses can break down silos between departments and ensure they stay ahead of the curve in a rapidly changing world.

If you have any queries call us at +353 1 533 7772 or email us at [email protected]. And visit our website, our facebook and Linkedin pages.

Custom Clearance - Trucks

Is life returning to normal for truckloads?

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Customs Clearance - Trucks2

The carrier’s executives continue to hope for the supply/demand equation to balance as inventory slowly rebuilds. Due to equipment and driver shortages, fleet growth remains limited. Is this recurring news a sign that things are getting back to normal?

 

After three years of being whipsawed by COVID-affected demand levels, the $332 billion full-truckload (TL) market is showing signs of returning to normal levels of “seasonality.”

“The truckload market is easing back to normal levels of growth,” says Avery Vise, vice president of trucking for Indianapolis-based research firm FTR. “We’re not seeing a glut of capacity. We’re heading back to stability, but stability at a level where shippers are happy about it.”

It would be ideal if there were exactly the right number of trucks deployed around the nation to haul exactly the right amount of freight at the right price to satisfy both shippers and carriers.

Ideally, yes. Since the pandemic, truckload capacity and freight levels have been unevenly matched. During the spring of 2020 economic shutdown, there was way too much capacity.

In the midst of crowded ports and freight piling up because of lack of drivers, truck capacity was buffeted by an unexpected surge in demand for some supplies.

If you have any queries call us at +353 1 533 7772 or email us at [email protected]. And visit our website, our facebook and Linkedin pages.

Blog 5 tips

5 cost-saving tips for reducing parcel rates

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Blog 5 tips

 

In recent years, parcel carriers have also experienced supply chain issues.

 

Increasing costs due to labor shortages, inclement weather, and numerous other disruptions have caused major parcel carriers to increase their rates. The ever-increasing rates make order fulfillment more expensive for e-commerce businesses. Shipping costs may feel like the only option for many online sellers.

The following tips may assist internet retailers in delaying price increases.

1) re-examine express shipments

You don’t have to ship everything express just because your customers want two-day delivery. You can maximize your parcel shipping budget by using express services only when necessary.

2) use lighter dunnage

Consider using lightweight dunnage, such as air pillows, if possible.

3) change free shipping options

Shipping costs can be passed on to your customers without reducing free shipping. Consider offering free standard ground shipping and adding a surcharge for two-day, one-day, and same-day shipping.

4) diversify your delivery model

Shop around to find the best deal.

5) add more warehouses

Expanding your warehouse footprint is the best way to combat rising parcel rates in 2022.

 

If you have any queries call us at +353 1 533 7772 or email us at [email protected]. And visit our website, our facebook and Linkedin pages.

Freight Forwarding Guide

The Ultimate Guide for Freight Forwarding

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Freight Forwarding Guide

You can find all the information you need about freight forwarding on our website, whether you’re trying to book the service or find out exactly what our freight forwarding agents do.

 

Here is a four-question guide for clarifying your questions about Freight Forwarding.

  • What is Freight Forwarding?

Most importers and exporters use freight forwarding to arrange freight shipments. Licensed forwarders understand the end-to-end shipping process and can handle it on your behalf. In many ways, they are like travel agents for freight.

  • Freight Forwarding Services?

Prepare all the paperwork, make the bookings, arrange payments required for each sector of the shipment, provide a customs brokerage service, and troubleshoot if any issues arrive with the shipment.

  • Do I Need a Freight Forwarder?

Booking a shipment can take place in a variety of ways. Depending on your business needs, you may need specific services. Here are some options: go it alone, your supplier arranges the whole shipment, to arrange shipment from the factory or foreign port, you hire a freight forwarder.

  • Requesting a Freight Quote

Do you have your goods ready to ship?

Make sure that you have the full addresses for pickup if the shipment is door to door.

You likely need to provide the name of the port of origin.

Provide the total weight of the shipment.

Provide total cubic volume.

International freight works with HS Codes.

Businesses exporting shipments need to know the Schedule B code.

 

If you have any queries call us at +353 1 533 7772 or email us at [email protected].

Customs Clearance Service

5 required documents for customs clearance? (part 2)

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Customs Clearance Service

Customs clearance blog

Customs clearance generally requires a lot of documents to be verified and submitted, either electronically or physically with the consignment.

 

Documents to be submitted to customs depend on the type of goods being shipped. The rules regarding customs vary depending on the country of origin and the country of destination.

Let’s look at the second part of documents that are common to all countries:

6- Bill of lading

Bill of lading is a document from the carrier to the shipper/exporter/supplier. It is evidence of the contract for movement of goods described by the carrier.

7- Bill of sight

It is a declaration from the supplier or exporter to the customs department where the receiver is unsure of the type of goods being shipped. The bill of sight document permits the receiver of goods to inspect them before making duty payments. With the bill of sight, the exporter also needs to submit a letter that allows clearance of goods by customs.

8- Letter of credit

The letter of credit is issued by the importer’s bank informing that the importer or the consignee will honour the payment to the exporter /consignor/shipper of the sum specified to complete the transaction.

9- Bill of exchange

Bill of exchange is similar to a promissory note that can be drawn by banks or individuals. It is a substitute payment option where the importer is to clear payments for goods received from the exporter either on-demand or at a fixed or determinable future.

10- Export license

A business can get an export license from the licensing authority and permit is issued by the Chief Controller of Exports and Imports.

If you are planning to trade goods to or from Ireland, Aca International Ltd  may be able to help you! Visit our website and follow our Facebook and Linkedin Pages

Customs Clearance exports are up

Exports are up 23 per cent over the last 12 months in Ireland

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Customs Clearance exports are up

Customs Clearance exports are up 23%

by Joao Luiz Ferreira

 

Imports of goods from Britain to the Republic staged a minor recovery in September, easing the rate of decline to 21 per cent for the first nine months of the year.

However, the latest trade figures from the Central Statistics Office (CSO) figures show that Brexit continues to have an impact on Irish-British trade.

While imports from Britain have plunged, the value of goods exports from the Republic to Britain for the first nine months of 2021 is running up 23 per cent compared to the first nine months of 2020 and stands at €10.6 billion.

While goods imports from Britain edged up 2 per cent – a €35 million rise – in September compared to September 2020, exports from the Republic to Britain surged 36 per cent – an increase of €374 million – in the same month.

After dropping to just 7 per cent in August, exports to Britain accounted for 10 per cent of total exports from the Republic in September. The main changes in the month were increases in the export of chemicals, machinery and equipment.

Imports from Britain rose as a result of higher imports of mineral fuels, lubricants, chemicals and other related products, offsetting a drop in the value of imported food and live animals, as well as machinery and equipment. British imports for the first nine months stand at a value of €9.4 billion, down more than €2.4 billion year-on-year.

Meanwhile, imports from Northern Ireland continue to soar this year. In the first three quarters of 2021, they are up by more than €1 billion, a 60 per cent increase compared to the same period in 2020, at just above €2.8 billion.

Exports from the Republic to the North are also booming, up 48 per cent or €835 million at €2.58 billion for the first nine months.

If you are planning to trade goods to or from Ireland, Aca International Ltd  may be able to help you! Visit our website and follow our Facebook and Linkedin Pages.

Source: www.irishtimes.ie

Customs Clearance UK

UK factories face mounting supply problems and staff shortages

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Customs Clearance UK

Customs clearance UK brexit goods

British factories in September suffered their weakest month since February when the country was still largely locked down, according to a new survey.

The survey underscored the impact of supply chain problems and staff shortages for manufacturers.

The IHS Markit/CIPS UK Manufacturing Purchasing Managers’ Index fell for a fourth month in a row, to 57.1 from 60.3 in August, although the final level was higher than a preliminary September reading of 56.3.

Delays in deliveries showed one of the biggest jumps in the PMI’s history amid reports of freight delays, staff shortages, disruptions caused by Covid-19 and Brexit, a lack of delivery drivers and port delays.

New export work shrank for the first time in eight months and growth in jobs was the weakest since January with small manufacturers cutting staff.

Last week, the Bank of England revised down its expectations for economic growth in the third quarter of 2021 because of the supply constraints, which now also include fuel shortages caused by a lack of truck drivers.

The bottlenecks have pushed up prices and inflation for manufacturing inputs was not far off a record high in September.

Then, if you are planning to trade goods to or from Ireland, don`t forget Aca International Ltd to make business eficiently, safe and avoiding bureaucratic issues. Visit our website and follow our Facebook and Linkedin Pages.
Source: www.rte.ie