Simply Trade  By  cover art

Simply Trade

By: Global Training Center
  • Summary

  • 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!
    Copyright 2024 All rights reserved.
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Episodes
  • De Minimis Woes: Cindy Allen on the Challenges of Cross-Border Trade
    Jul 25 2024

    Navigating the Customs Clearance Challenges of the E-Commerce Era

    "CBP's limitations in staffing and facilities have resulted in a reimbursable program that is understaffed and unable to keep up with the volume of cargo." - Cindy Allen

    The rise of direct-to-consumer e-commerce has upended traditional trade flows, leaving customs authorities struggling to adapt. In this episode, industry experts Cindy Allen and Andy dive deep into the history and challenges of de minimis regulations, the strain on customs resources, and the need for new solutions to modernize global trade.

    Main Points/Takeaways: - Customs was not happy with the structure of direct-to-consumer sales, where big box retailers were still the importers but the sale was not listed until the goods arrived in the US. - Customs officers were overwhelmed by the volume of individual shipments, leading to backlogs and delays as they tried to manually process thousands of entries. - Collaboration between industry and government was key to streamlining the customs clearance process, such as the development of the Type 86 entry for express carriers. - Cindy Allen provides insights on how the evolution of e-commerce and customs regulations have impacted the logistics industry. - Andy shares his perspective on the need for customs to provide reimbursables and require private sector facilities to handle the surge in package-level freight.

    Wrap-up: This conversation is essential listening for anyone invested in the future of international trade, importing, and exporting. Cindy and Andy offer an insider's perspective on the complex challenges facing customs authorities and logistics providers, and the innovative solutions needed to adapt to the e-commerce era.

    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

    • Cindy Allen - https://www.linkedin.com/in/cindy-allen-a3188210/

    • Trade Force Multiplier - https://tradeforcemultiplier.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.

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    34 mins
  • Simply Trade [News]: Shipping Rates Soar, Solar Panels Made in the USA, and Sanctions
    Jul 22 2024

    In this episode of the Simply Trade News, hosts Annik, Andy, and Lalo dive deep into the latest developments in the international trade landscape. From the ongoing challenges in the solar panel industry to the skyrocketing shipping rates and the tightening of Russian sanctions, this episode offers a comprehensive overview of the critical issues facing trade professionals.

    Main Points/Takeaways:

    1. US Solar Panel Manufacturers Seek Tighter "Made in USA" Rules: US solar panel manufacturers are pushing for stricter rules governing tax credits for solar projects using domestic components. The current loophole allows developers to meet the content threshold without using American-made solar panels, which raises concerns about the use of forced labor in China's solar industry.

    2. Soaring Shipping Rates from China to the US: Container shipping rates from Shanghai to US destinations are reaching almost $10,000 per standard 40-foot container, with industry experts predicting a potential rise to $20,000 per container in the future. This trend is driving importers and industry experts to explore alternative sourcing options, such as near-shoring, to mitigate the impact on their supply chains.

    3. Switzerland's Crackdown on Russian Sanctions Violations: Switzerland has launched investigations into over 50 potential sanctions violations related to Russia's invasion of Ukraine, with 15 penalties imposed so far. This development highlights the increasing global efforts to enforce sanctions and the importance for trade professionals to stay up-to-date on compliance requirements.

    This episode of the Simply Trade podcast provides valuable insights for trade professionals navigating the complex and ever-changing global trade landscape. By staying informed on the latest developments, such as the solar panel industry's push for tighter "Made in USA" rules, the skyrocketing shipping rates, and the global crackdown on sanctions violations, trade professionals can better position their businesses for success in the face of these challenges.

    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/ 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/

    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.

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    20 mins
  • Supply Trace's Forced Labor Solution: The Free Tool Empowering Businesses in Global Trade
    Jul 18 2024

    From Forced Labor to Forced Transparency: How AI is Revolutionizing Supply Chain Management.

    Ever feel like you're playing detective with your supply chain? Get ready for a mind-blowing chat about a tool that's changing the game! Context: In this episode, we dive into the future of global trade with Supply Trace - an innovative, open-access platform that's using AI to revolutionize supply chain transparency. Whether you're an international trade pro or just getting started, this conversation is packed with insights that can help you stay ahead of the curve.

    Main Topics:

    • Democratizing access to supply chain data: "We're trying to democratize access to supply chain data. That's simply all it is, and it hasn't been done before." - Shawn Bhimani, Northeastern University

    • Simplifying supply chain mapping: "Supply chain mapping can be done in a few clicks. It just takes a lot of computing power, but they can look at their entire supply chain in one glance and see the risk by region."

    • Navigating forced labor risks: Supply Trace provides a "traffic light" system to quickly identify high-risk regions and suppliers, helping businesses stay compliant with regulations like the Uyghur Forced Labor Prevention Act.

    • Empowering businesses of all sizes: "This is for the majority of people who have just been locked out... a lot of trade people can get to their systems."

    Don't miss this episode if you want to turn supply chain mapping from a headache into a competitive advantage. With Supply Trace's free, user-friendly platform, you can unlock the power of AI-driven supply chain transparency and stay ahead of the curve in international trade.

    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:

    • Shawn Bhimani: https://www.linkedin.com/in/shawnbhimani/
    • Cindy DeLeon: https://www.linkedin.com/in/cindydeleon/
    • Global Training Center - www.GlobalTrainingCenter.com
    • Simply Trade Podcast - twitter.com/SimplyTradePod

    Find us on YouTube: https://www.youtube.com/@SimplyTradePod

    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.

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    37 mins

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