April 16, 2014
By Brad Harmon and Colin McRae, HunterMaclean
Special to Business In Savannah
Consumers have come to expect that shipping for online orders will be both fast and cheap. The logistics industry is tasked with providing that service — moving cargo around the globe by air, sea, land and rail. But in the face of rising costs, increased regulation, and global competition, how can the industry, well, deliver?
That question was the starting point for many of the sessions at the 2014 Georgia Logistics Summit, hosted annually by the Georgia Center of Innovation for Logistics. Logistics is vital to Georgia’s economy, representing $15 billion annually, and the attendees were keen to hear from leaders of manufacturing, warehousing, transportation, and retail as they presented their ideas and innovations to survive and prosper.
Three extremely valuable sessions examined the challenges faced when importing, exporting and distributing goods domestically:
It’s no surprise that many of the goods we buy are manufactured overseas. The transit from the point of manufacture to the U.S. distributor can be extremely unpredictable and therefore costly. Manufacturers and retailers are streamlining their international supply chains in many innovative ways, from taking over segments of the journey previously handled by the country of manufacture to utilizing U.S. competitiveness initiatives like Foreign Trade Zones.
U.S.-based manufacturers are often faced with production costs that are higher than their overseas counterparts’ and have to find cost savings in other areas to remain competitive. Many are redesigning their packaging to allow greater shipping density and therefore lower cost; even large machinery is being re-engineered to nest in transit for greater shipping economy. Export regulations are becoming increasingly thorny, so companies are seeing the benefit of full-time import/export compliance managers to ensure efficiency and to avoid the adverse consequences of mis-declaring their export cargo.
Retailers and logistics providers faced with rising labor and fuel costs as well as increased regulation are exploring efficiency solutions that range from high-tech lightweight and hybrid vehicles to transitioning existing retail stores into hyper-local distribution centers. Industry groups are advocating for balance in regulations such as Hours of Service for truck drivers.
HunterMaclean attorneys regularly attend the Georgia Logistics Summit to stay informed about our clients’ industry and the issues that they are facing. Our goal is to help clients be as efficient as possible in their business strategy, including how they structure their companies, transactions, and agreements as well as their approach to risk management, employment, compliance, and a host of other business decisions. The Georgia Logistics Summit is an invaluable asset to the logistics community, and we have already marked our calendars for 2015.
Is it a Boat Slip, a Dock, or a Condo? Wait, it’s a Dockominium!
May 10, 2023
By Francesca Macchiaverna, as published by Legal Newswire The term “dockominium” is not defined in the Georgia Condominium Act or Georgia case law. Dockominiums as an interest in land are…
Corporate Transparency Act: Will You Need to Register Your Business After January 1, 2024?
January 10, 2023
By Louann Bronstein, as published by Legal Newswire The Corporate Transparency Act (CTA) will become effective January 1, 2024. The CTA was enacted on January 1, 2021, as part of…
Recent Developments in Admiralty and Maritime Law
May 31, 2022
Co-authored by attorney Justin Guthrie, this article was published in the Spring 2022 Survey Issue of the American Bar Association’s Tort Trial & Insurance Practice Law Journal. This article discusses noteworthy admiralty…
Biology is Not Destiny: Biological Fathers’ Rights to their Newborn Children Born Out of Wedlock in Georgia
December 31, 2021
Comment by Emory Larkin, published in 72 Mercer L. Rev. 879 (2021).
CMS and OIG Signal Course Correction in New Stark, AKS and CMP Final Rules
December 1, 2021
By T. Mills Fleming, published in the Winter 2021 issue of the State Bar of Georgia’s Health Law Section newsletter.