Business

August 4, 2017

Controversial Border Adjustment Tax Has Been Shelved

By |2017-08-07T11:54:07+00:00August 4th, 2017|Blog Posts, Business|

The controversial border adjustment tax (BAT), which would have taxed imports to the U.S. while exempting exports, was shelved last week. "While we have debated the pro-growth benefits of border adjustability, we appreciate that there are many unknowns associated with it and have decided to set this policy aside in order to advance tax reform." House Speaker Paul Ryan, [...]

December 20, 2016

Next Level Looks at What’s Driving Industrial Real Estate Demand in 2017

By |2017-02-26T09:57:07+00:00December 20th, 2016|Blog Posts, Business, Warehousing & Distribution|

Industrial real estate demand reached new heights in 2016, with leasing in excess of 250 million square feet. Many companies have continued to expand, while many others are simply refining their supply chains to be closer to their customers. Low vacancy rates will continue to drop further, and leasing rates will continue to rise. While the continued growth of [...]

November 10, 2016

It’s Not Too Late for End of Year Tax Savings On Equipment Purchases with Section 179

By |2016-11-19T10:43:25+00:00November 10th, 2016|Blog Posts, Business|

Wall Street photo by Investment Zen Use Section 179 to take a $500K deduction for your material handling equipment purchase this year. The Section 179 tax deductions can provide substantial tax relief for business owners who are purchasing equipment, and it's not too late to take advantage of this juicy deduction. (Though keep in mind the equipment [...]

September 14, 2016

Next Level Looks at Why Demand for Industrial Spaces is Outpacing Supply

By |2016-10-30T13:17:40+00:00September 14th, 2016|Blog Posts, Business|

According to a recent Prologis report on the first half of 2016, absorption of warehouse and distribution facilities is expected to exceed the delivery of new space for the remainder of the year. Booming growth in e-commerce fulfillment is the driving force behind 15 to 20 percent of the demand for fulfillment space, but it’s worth noting that traditional brick [...]

UPS Announces Rate Hikes

By |2016-10-30T13:17:40+00:00September 5th, 2016|Blog Posts, Business|

Photo by Mike Mozart. Click image to view source. UPS rolled recently rolled out rate changes that will go into effect in the coming weeks and months. Effective Dec. 26, or the day after its busy holiday season, the UPS U.S. Ground service daily rate as well as the daily rates for UPS U.S. Air and International services [...]

August 14, 2016

You Might Be Paying Too Much in Export Taxes

By |2016-11-25T14:54:19+00:00August 14th, 2016|Blog Posts, Business|

If you are a small to medium exporter and haven’t taken advantage of the IC-DISC (Interest-Charge Domestic International Sales Corporation) export tax credit from the IRS, you may be one of thousands of exporters who are probably paying too much in export taxes. What is an IC-DISC? The bottom line is that the tax laws provide an opportunity for a [...]

July 31, 2016

Demand for Industrial-Logistics Space is Growing, Thanks to E-Commerce

By |2016-10-30T13:17:41+00:00July 31st, 2016|Business, Warehousing News|

Robust demand from e-commerce and third-party logistics companies for warehouse and distribution space continues to reshape the industrial market. For years, internet retailers have been a threat to brick and mortar retailers, but the upside to the presence of the e-commerce boogie-man is a huge boom in the warehousing market. These internet retailers have been buying and leasing record amounts [...]

Next Level Looks at the Surge in Warehouse and Distribution Activity

By |2016-11-25T14:40:06+00:00July 24th, 2016|Blog Posts, Business, Warehousing News|

An explosive surge in warehouse and distribution activity has our inland ports booming, and it shows no sign of slowing down. According to a new report from CBRE Group, Inc., the rapid growth of e-commerce has created a large demand for industrial buildings in the 12 primary U.S. inland-port markets. In fact, demand for industrial buildings in those markets [...]

Next Level Looks at the Global State of Steel

By |2016-10-30T13:17:42+00:00July 6th, 2016|Blog Posts, Business|

The Global Steel Industry Industry Challenges The steel industry has faced challenging economic environment in the face of global excess capacity and historically low prices, and steelmakers have struggled to keep up profits. Economic slowdown in China dealt a massive blow to the global steel industry – overcapacity and lower steel prices hurt margins of Chinese steel producers. The steel [...]

May 30, 2016

The New Section 179 Deduction: Good News and More Good News

By |2016-10-30T13:17:42+00:00May 30th, 2016|Blog Posts, Business|

Good News The good news is that the Section 179 $500,000 deduction has been made permanent, allowing small business owners to do better long-term planning for 2016 and beyond. The deduction, which is aimed at stimulating the economy, covers new or used equipment such as warehouse storage systems and shelving. Under the provision, business owners can deduct the full purchase price [...]

December 12, 2014

The Value of a Holiday Break

By |2015-11-22T20:21:00+00:00December 12th, 2014|Business|

Many manufacturers take a mandatory break over the holidays. They enforce this time off to save overhead and because during the holiday season productivity is often on the lower end of the spectrum. Overhead Reduction Ways they save money on overhead during this period include: not running the air conditioning and heating, and reducing excessive lighting and power for electronics. In [...]

July 9, 2014

Logistics Market Forecast – Mostly Sunny

By |2016-10-30T13:17:50+00:00July 9th, 2014|Business|

We have noticed a lot of headlines lately about the state of the logistics market & wanted to share some of what we've found. You may not have time to cull through every article, so we've started that process for you. We'll try to update this & add to it as news comes in, so if you found a different article that [...]