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December 28, 2017 Facebook  Twitter  LinkedIn
TGA Industry News Briefs
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TOP NEWS

Our New Year's Wish for You

TGA

As we prepare to turn the last calendar page on 2017, we reflect on the fortunes of the year behind, and anticipate the promise of the months ahead. We hope 2017 held brightness and good fortune for you, with more to come as 2018 unfolds. Thank you for being part of this wonderful industry, and for supporting TGA. We wish you the very best in the coming year, and hope you know you can count on our support in all the years ahead. Happy New Year!

REMINDER: GSP Expires December 31, 2017 – Be Prepared!

TGA

We are now 3 days away from the expiration of the Generalized System of Preferences (GSP) program. Even though TGA, and others, lobbied hard for Congress to renew GSP before the end of the year, Congress adjourned last week without renewing GSP. It is likely that Congress will address GSP renewal in late January or early February. At that time, we expect Congress to "retroactively" renew GSP back to January 1. The CBP advisory provides information on what importers need to do to ensure duty refunds on GSP-eligible shipments if the program lapses and is later renewed.

Retail Industry Predictions for 2018

NATIONAL RETAIL FEDERATION

No one knows more about retail than STORES Magazine Editor Susan Reda, and she believes the industry has a lot be excited about. “I think 2017 was a really interesting year for retail,” she says. “I would call it one of the most transformative periods of retail that I have seen in decades.” 2018 is shaping up to be another dynamic year, as she predicts that technology will play an increasingly important role for both physical and digital retailers. READ MORE

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U.S. Passport Changes Are Coming in 2018

CONDÉ NAST TRAVELER

Americans have applied for passports en masse this year – more than 21 million new little blue books were projected, says the State Department – and the number is expected to match that in 2018. Why the rush? A lot of passports were up for renewal, and there will be Americans who'll need passports to fly across the U.S. because of the Real ID Act. So, what do you need to know in order to leave the country in 2018? READ MORE

How Tech is Making Travel Affordable and Accessible

TNW

Whether you’re an occasional traveler or constantly on the road, there’s one thing that’s certain: traveling can be expensive. It doesn’t have to be like this, though. There are plenty of ways to manage our expenditures in novel ways using technology during a trip. If you’re going abroad or just visiting the next town over, here are ways to reduce costs while traveling. READ MORE


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The Travel Industry Strains to Gain Momentum in Reaching Diversity Goals

SKIFT

At the beginning of 2017, we noted that the travel industry has few female CEOs at major companies, and that diversifying the C-suite would be a first step toward creating products that better serve women. Diverse leadership could also bring cognitive and financial benefits. But as the year draws to a close, it feels as though things remain a bit stagnant when it comes to diversity and inclusion. READ MORE

10 Bargain Destinations for 2018

THE NEW YORK TIMES

New routes and cheaper fares from budget carriers are among the factors leading to more options for travelers seeking domestic and international bargains. To pinpoint destinations that may be unusually affordable in 2018 compared to a typical year, Hipmunk analyzed the average price for flights leaving from the U.S. with 2018 departure dates and compared it to a similar time frame for flights booked in 2016 with 2017 departure dates. READ MORE

How Will Retailers Use Gains from Lower Taxes in 2018?

FORBES

Several questions have been asked about retailers’ inclinations when they pay lower federal taxes in the New Year. The corporate tax rate was dropped from 37% to 21%. How will retailers spend the money that they do not have to pay to the government? Will they pay an extra dividend to shareholders? Will they reduce their debt? Will they invest in innovative ideas? Will they pocket the money and report higher earnings? Let’s look at the options. READ MORE

How to Stay Safe in Your 2018 Travels

USA TODAY

It's no surprise 2018 already is shaping up to be the Year of Fear in travel, particularly for anyone with a passport. But it doesn't have to be. You can take the right precautions and make smart plans that'll keep you safe on the road, no matter where you go. READ MORE

Expedia Studying How Online Travel Shopping Makes You Feel

TRAVEL WEEKLY

On the reflective side of one-way glass sits a test subject in a soundproof room, multiple sensors applied to her face, wearing high-tech glasses that track her eyes' every movement. On the other side sits a researcher and several computer displays monitoring the subject's movements and emotions via red and green waveforms. No, it's not a scene out of some sci-fi film. It's an inside look into what Expedia Inc.'s user experience research team does on a daily basis. READ MORE

11 Leadership Books to Read in 2018

THE WASHINGTON POST

Following a year of dizzying news cycles, Twitter flame wars and increasingly deep political divisions, getting engrossed in a meaty book on leadership lessons, in-depth career advice or ideas for improving the way we work may sound pretty tempting. Here are 11 books to consider adding to your business bookshelf in the New Year. READ MORE

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