Asset Based Lending Blog/News

International Carriers Anxious about Paris Climate Talks

November 4, 2015 | Shipping

Sadie Keljikian, Express Trade Capital The international shipping industry is preparing for a PR backlash and new rounds of taxes in the aftermath of the upcoming Paris Climate conference. The annual United Nations summit, which is set to take place November 30th through December 11th, seeks to analyze new data regarding climate change and propose policies to reduce […]

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Second Explosion Contaminates Exports in Tianjin

November 2, 2015 | Government, Shipping

Sadie Keljikian, Express Trade Capital Officials warn that a second explosion at the port in Tianjin, China on October 12th could have contaminated goods scheduled for export. The FDA is requiring importers to submit entry and shipping documents for all human and animal food products, human and animal drug products, and medical devices that were originated […]

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CBP Updates GSP

November 2, 2015 | Government

US Customs and Border Protection (CBP) has completed 98% of the automatic refunds for Generalized System of Preference (GSP) for entries filed with the “A” SPI and were duty paid. CPB is reviewing the remaining 2% of qualifying entries for expected refunds manually and hope to have them completed by early November. Those who have […]

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Wage Increase Riles LA Garmentos

October 16, 2015 | Apparel Industry

Sadie Keljikian, Express Trade Capital Los Angeles, one of the country’s primary garment manufacturing centers, is bracing for the impending hike in the city’s minimum wage. The new law, which will increase the city’s minimum wage to $15 an hour by 2020, will be enacted in stages, beginning with an increase in the lowest pay rate from the current $9 an […]

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RGT Italia Holds Clothing Sustainability Workshop

October 7, 2015 | Apparel Industry, Manufacturing

Sadie Keljikian, Express Trade Capital, Inc. RGT Italia recently organized a workshop entitled, “Sustainability and Product Development,” in an effort to encourage environmentally conscious practices in garment manufacturing. RGT, a Padua-based subsidiary of the German manufacturing group Bock & Partner, hosted approximately 70 representatives from Italian and German fashion and sportswear makers including Hugo Boss, Marc’O Polo, […]

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Chinese Manufacturers Attend New York Fashion Week

September 24, 2015 | Apparel Industry

Sadie Keljikian, Express Trade Capital WGSN, a global analytics firm specializing in forecasting fashion and design trends, hosted a delegation of over 20 representatives from China’s textile and fashion industry during New York Fashion Week 2015. The delegation was led by China Textile Information Center, or CTIC, which serves China’s massive fashion and textile industry of over […]

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Delays & Disruptions Due to Visit From the Pope

September 24, 2015 | Shipping

Due to the Pope’s visit to the U.S., FedEx, UPS, and USPS have all announced expected delays and disruptions to delivery services to the Washington, D.C., New York, NY and Philadelphia, PA metro areas between September 22nd and September 27th. Based on the disruption to service of these National carriers, expect similar delays and disruptions to […]

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Jordan’s Garment Industry Heats Up

September 21, 2015 | Apparel Industry, Manufacturing

Sadie Keljikian, Express Trade Capital Jordan in recent years has become an unlikely manufacturing giant in the garment industry.  Despite its political and socioeconomic instability and simmering hostilities with neighboring countries, Jordan’s 75 factories continue to thrive; comprising 95% of the industrial work force and producing exports that make up about 20% of the country’s […]

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