Tips for Companies Confronting Pandemic Impact on Global Trade Companies need to focus on adapting supply chain vulnerabilities, examining and leveraging tariff modifications, scrutinizing export controls and sanctions, and maintaining awareness of the jurisdiction of the Committee on Foreign Investments in the U.S. Read the Press Release
Coronavirus in Kentucky: Businesses Step Up to Fight Pandemic Utility companies have suspended the disconnection of services for non-paying customers. Retail companies have maintained their supply chains and restocked their shelves. Manufacturer’s are contributing their ventilators to assist health care providers. Health care facilities continue to serve on the front lines of this pandemic and…
The Impact of the Coronavirus on Global Trade: Now and Tomorrow Conversation between SupplyChainBrain Editor-in-Chief Bob Bowman and Richard Bolte, the Chairman and CEO of global logistics provider BDP International Read the Press Release
Kentucky Distillery will Produce and Donate Hand-Sanitizer Rabbit Hole Distillery is one of four nationwide that will change from making bourbon at all of their manufacturing sites to produce and donate hand sanitizer to aid in the fight against COVID-19. Read the Press Release
China Exports Rebounding, Western Ports Feeling COVID-19 Impact China’s ports are again pushing out thousands of containers that were stranded at the onset of the COVID-19 outbreak. The buildup left a big shortfall in cargo at ports in the U.S. and Europe which created a shortage of empty containers needed to ship product and supplies.…
US Distillers in Need of Aid The Kentucky Distillers’ Association (KDA), New York State Distillers Guild (NYSDG), American Craft Spirits Association (ACSA), and the Distilled Spirits Council of the US (Discus) have called on Senator Mitch McConnell and Chuck Schumer to aid distillers through an economic relief package. They are urging Congress to provide components…
SBA Disaster Assistance Loan Programs for Small Businesses Affected by COVID-19 Kentucky has been certified by the Federal Government for Economic Injury Disaster Relief under the U.S. Small Business Administration program. These loans can be used to pay off outstanding debts, payroll and any other bills. These loans are available for small businesses that have…
Gov. Andy Beshear on Public Events, Schools and Prisons in Response to COVID-19 Actions and preparations announced by Gov. Andy Beshear include: Instructed school districts to be prepared to close on short notice, as short as 72 hours. Closed all state prisons to visitors. Encouraged every individual in Kentucky, in particular those over 60 and…
US Trade Deal Objectives are Fully Outlined The trade deal is expected to increase transatlantic trade flows. The Department for International Trade believes this will increase the UK’s GDP (Gross Domestic Product) with ceramics, cars, food, drink and professional services. Objectives for the talks will include increasing the flow of goods, services and investment, and…
China Lowering Port Fees to Increase Trade China’s government is suspending or reducing some port fees from March 1st to June 30th. This will save costs for importers and to encourage more international trade as the country recovers from the coronavirus (COVID-19). Read the Press Release