Maquila Matters: Inventory Control Systems
Mexico’s maquiladora program offers an excellent opportunity for companies producing goods or providing services for the export market to reduce their tax burden, streamline their operations and increase overall profit margins. Taking advantage of these benefits allows companies to significantly reduce start-up and operational costs (including finance costs) and achieve healthier cash flow levels than would otherwise be possible.
Washington, DC: In a letter to Federal Maritime Commission (FMC) Chairman Mario Cordero, National Customs Brokers and Forwarders Association, Inc. (NCBFAA) President Geoffrey Powell urged the FMC to initiate a fact finding investigation into the issue of port congestion and its impact on demurrage, detention and per diem charges assessed by the vessel operating common carriers (VOCCs) and the port terminals. Citing the Commission's recently released report, "Rules, Rates, and