Freight Providers & International Logistics...2 | DSV Solutions Locations DSV acquires Borup...
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Transcript of Freight Providers & International Logistics...2 | DSV Solutions Locations DSV acquires Borup...
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DSV acquires Borup Autotrans
and Hammerbro, and merges
into DSV Borup
DSV acquires ABX LOGISTICS
The DSV activities change
their names from DFDS
Transport to DSV
1976 1989
1997 2000
2001 2005
2006 2007
2008
10 independent haulers
establish DSV, De
sammensluttede
Vognmænd af 13-7 1976
DSV acquires Samson
Transport and becomes
DSV Samson Transport
DFDS Transport Group of companies
is divided into three divisions
DSV acquires J.H. Bachmann
DSV acquires Frans Maas
Milestones – creation of a global network
DSV acquires DFDS Dan Transport
Group, the company merges with
DSV Samson Transport into DFDS
Transport
DSV strengthens the
network through several
acquisitions in Africa,
Middle East, South
America, Europe and US
2012-
2014
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Core activities of a Freight Forwarder
Move goods from Origin
to Destination by
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Cargo owners could fall foul of new legislation
from July 2016 Shippers must verify the gross
mass of containers before shipment.
The International Maritime Organisation (IMO)
has adopted amendments to the Safety of Life
at Sea convention (SOLAS) requiring every
packed export container to have its weight
verified before being loaded onto a ship
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Global Container Rates at All Time Low
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Union Customs Code comes into force
1st May 2016 This European-wide legislation will impact businesses involved in global trade in goods.
Businesses need to act now. Here are four significant changes that you should be aware of.
1. Financial guarantee required
Any UK company operating a customs-authorised duty relief or suspension regime (such as
customs warehousing or inward processing), will need to provide a financial guarantee to cover the
annual amount of potential duty that could be due.
This requirement does not exist in the UK today, so will introduce additional costs for the guarantee
provision, as well as any potential restriction on working capital in providing security to the
guarantor (typically a bank).
2. Guarantee waivers
Guarantee waivers will be introduced, but only for those businesses that fulfil the criteria for
Authorised Economic Operator (AEO). This is a supply chain security accreditation, approved by
Customs for companies that demonstrate that their internal processes fully support customs
compliance.
It can take six months or more to obtain AEO authorisation, so this should be considered as soon
as possible.
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3. Customs valuation changes
The basis of customs valuation will also change, with the removal of the current provision that
allows an importer to attest to the value of an earlier sale in a chain of sales leading to import.
Instead, customs valuation will be based on the final sale before import. This change could
increase customs duty costs significantly.
4. Duty liability of royalty payments
Customs duty currently applies to royalty payments only where they relate to imported goods, and
are payable as a condition of sale of those goods. These restrictions will be removed, so that many
more royalty payments will be subject to customs duty
-See more at: http://www.grant-thornton.co.uk/en/Thinking/FD-Intelligence/Issues/Four-things-you-
need-to-know-about-the-Union-Customs-Code-/#sthash.XQRMKBqE.dpuf
The Union Customs Code comes into force
On 1 May 2016
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International Transport Costs
• Compare all charges from Point to Point
• Provide as much info. as possible at time of quotation request
• Consider packaging to maximize your Transport options
• Take advantage of backloads
• Aviation Security Known Status
• Make the most of all.Customs & Revenue Procedures
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Common items overlooked by
Importers / Exporters
• Consequences of selling / buying goods on certain incoterms in markets
• Opportunities to Suspend or delaying import Duty / Vat charges
• Beware of extremely low freight costs from suppliers and ask for UK Contacts
• Documentation requirements - Croners Reference
• Classification of Products ( Tariff , Taric , Commodity codes , Schedule B)
• Be prepared for a Customs Audit ( Keep all proof of Export / Import Documentation)
• Avoid high storage charges at Ports & Airport
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Insurance
• Understand your liabilities / Risks - Ask your
forwaders for a copy of their terms and conditions
eg . BIFA , IATA, CMR & Warehouse Keepers
• 99.999 % of all consignments move without any
damage / Loss
• But when something does wrong good long standing
relationships can go sour
Airfreight – Montreal Convention is 19 SDR’s per kilo.
Ocean Freight – Hague Visby Rules/BIFA – 2 SDR’s per kilo
Road Freight –CMR – 8.33 SDR’s per kilo.
Domestic Transport – UK Domestic RHA £1,300.00 per tonne
Warehousing – UKWA £100 per tonne
Courier – Xpress is 2 SDR’s per kilo
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Examples of Equipment Used
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