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Thomson Reuters global tax and trade executive pointed out that tax authorities generally want goods traded between related parties valued lower than customs authorities.
The president met with fellow Group of 7 leaders in Germany this week to discuss the Trans-Pacific Partnership and Transatlantic Trade and Investment Partnership free trade agreements, among other things.
Global trade compliance director of pharmaceutical company Merck spoke to the AAEI annual conference about the complexity of valuation and country of origin requirements on non-sale materials.
Australian logistics and stevedoring firm Asciano, parent of Patrick Stevedoring, has confirmed it received a purchase offer of $6.8 billion from Brookfield.
BPO arrangement allows the express giant, which has been targeted for acquisition by FedEx, to focus on its core activities and customers service.
While many airfreight carriers around the globe saw a slowdown in growth, Middle Eastern cargo lines reported a drastic increase in airfreight volumes.