IATA: March cargo traffic reaches all-time high since 1990

Posted Posted in Uncategorized

March global air cargo traffic increased 4.4% compared to the same month in 2019, reaching the highest level recorded since the International Air Transport Association (IATA) reports began in 1990, and month-over-month demand increased at a slower pace of 0.4%, due to a softer performance by Asia-Pacific and African carriers. March 2021 saw a slower […]

Trade Adjustment Tariffs & Duty Payments

Posted Posted in Uncategorized

For decades, Customs brokers have been in the precarious position of advancing Customs duty on behalf of importer clients, being reimbursed at a later date. With many businesses not paying for 30-60 days, high duty outlays strain a Customs brokers cash flow and can, on occasion, jeopardize their ability to service clients. In rare cases, […]