What is the difference between 1PL,2PL,3PL,4PL services?
There’s some debate out there and it depends who you ask. To me 4PL is when a company takes over completely the responsibility for managing their client’s logistics. The 4PL typically communicates through all channels (air, sea, warehousing) and often may select the partners the client is using for their transportation. This website does a
What is third party logistics (3PL)
A company that takes care of your warehousing and fulfillment, leaving you time to work on what you know best, building your business.
Which tax planning strategies are most pertinent to logistics companies?
Logistics companies have a lot of the same opportunities for tax planning that any other company would have (such as creating qualified retirement plans, choosing the right method of accounting [cash basis or accrual], taking 100% bonus depreciation, etc.) but there are a few tax moves that logistics companies should pay special attention to. The
What should I be looking for in a bookkeeper/accountant if I operate trucking depot in multiple states?
The central issue you’re trying to solve for when you operate in more than one state is making sure that your books accurately account for the state in which revenue is earned. This is the starting point to make sure that you allocate the correct income figures in each state that you operate in, and
How can I negotiate best contract with FedEx and UPS?
The reason the carriers have so much power at the negotiation table is due to a lack of transparency. Knowledge is power at the table. So if you can obtain comparables to benchmark your pricing against you can leverage that intel to negotiate the best pricing. If you don’t have access to other similar size
What is section 321 for ecommerce and how does it work ?
Many shipping logistics items should be taken into account when importing goods into the United States to ensure successful delivery. International taxes, import levies, and customs all have a significant impact on anticipated shipping costs. Employing effective shipping techniques ensures long-term cost savings, particularly with international shipments. Due to US Customs and Border Patrol’s (CPB)
Many shipping logistics items should be taken into account when importing goods into the United States to ensure successful delivery. International taxes, import levies, and customs all have a significant impact on anticipated shipping costs. Employing effective shipping techniques ensures long-term cost savings, particularly with international shipments. Due to US Customs and Border Patrol’s (CPB)
The reason the carriers have so much power at the negotiation table is due to a lack of transparency. Knowledge is power at the table. So if you can obtain comparables to benchmark your pricing against you can leverage that intel to negotiate the best pricing. If you don’t have access to other similar size
Logistics companies have a lot of the same opportunities for tax planning that any other company would have (such as creating qualified retirement plans, choosing the right method of accounting [cash basis or accrual], taking 100% bonus depreciation, etc.) but there are a few tax moves that logistics companies should pay special attention to. The
The central issue you’re trying to solve for when you operate in more than one state is making sure that your books accurately account for the state in which revenue is earned. This is the starting point to make sure that you allocate the correct income figures in each state that you operate in, and