global travel goods inc

GLOBAL TRAVEL GOODS INC

177 fieldcrest ave edison, new jersey 08837 (732) 225-0727.

GLOBAL TRAVEL GOODS INC operates as a Carrier trucking company located in Edison, Nj. The company's primary business address is 177 Fieldcrest Ave, Edison, Nj 08837. The United States DOT (Department of Transportation) number is 2802935, and it's current operating status is Active.

Global Travel Goods Inc takes pride in its fleet of trucks and the comprehensive services offered. The team comprises experienced and dedicated truck drivers, Leasing opportunities may also be available for interested parties.

The fleet consists of 2 truck drivers as owner operators or company drivers.

2 of Global Travel Goods Inc's trucks are equipped with auxiliary power units, maximizing fuel efficiency and reducing environmental impact.

Safety and reliability are at the core of operations. The trucks and equipment are maintained diligently to ensure they meet the highest industry standards. On average, the trucks cover [Average Weekly Mileage] miles weekly, ensuring timely and efficient deliveries.

For dependable, professional, and secure transportation services, Global Travel Goods Inc is the trusted partner. Contact today to discuss how trucking needs can be fulfilled.

The last MCS-150 form date is listed as 5/11/2023. The listed MCS-150 Mileage and year for Global Travel Goods Inc is 20,000 (2022).

Mailing Address: 177 FIELDCREST AVENUE EDISON, NJ 08837

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GLOBAL TRAVEL GOODS INC

Global travel goods inc is a freight shipping trucking company from edison, nj. company usdot number is 2802935. transportation services provided:, do you operate this business.

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Company Information

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PartnerCarrier.com does not claim that GLOBAL TRAVEL GOODS INC is an actual trucking company or broker. GLOBAL TRAVEL GOODS INC information is sourced from the DOT and is public information available through the FOIA . Company Owner/Manager: If you see any incorrect information on this page, please  contact the DOT directly to make changes  to correct your record.

Watch CBS News

Trump is proposing a 10% tariff. Economists say that amounts to a $1,700 tax on Americans.

By Aimee Picchi

Edited By Alain Sherter

Updated on: June 20, 2024 / 1:13 PM EDT / CBS News

Former President Donald Trump is pledging to supercharge one of his signature trade policies — tariffs — if he's re-elected this November, by imposing 10% across-the-board levies on all products imported into the U.S. from overseas. The idea, he has said , is to protect American jobs as well as raise more revenue to offset an extension of his 2017 tax cuts.

But that proposal would likely backfire, effectively acting as a tax on U.S. consumers, economists spanning the political spectrum say. If the tariffs are enacted — with Trump also proposing a levy of 60% or more on Chinese imports — a typical middle-class household in the U.S. would face an estimated $1,700 a year in additional costs,  according  to the non-partisan Peterson Institute for International Economics. 

Meanwhile, the left-leaning Center on American Progress has also crunched the numbers  and projects roughly $1,500 per year in extra costs for the typical household. The reason, according to experts: Companies in the U.S. that import goods from abroad typically pass the cost of tariffs onto American consumers; relatedly, domestic manufacturers then often raise their own prices. 

Who would pay the price?

The biggest impact of higher import tariffs would likely fall on low- and middle-income consumers because they spend a larger share of their income on goods and services than wealthier Americans, according to Kimberly Clausing and Mary Lovely of the Peterson Institute. 

"If you are an economist, you know right away that tariffs are taxes. If you put a tariff on imported goods, it means they become more expensive" and competitors can raise their prices, Clausing told CBS MoneyWatch. 

Trump is selling "snake oil," added Lovely. "It's really on steroids, and you have to speak a little louder and say, 'This is really going to affect you'." 

The bottom line, both Clausing and Lovely said, is that Trump's tariff proposals would likely boost consumer prices, a concern after two years of surging inflation. The typical American household would feel the biggest pinch through materials and goods bought by U.S. companies, such as lumber for construction, and which would be passed onto them through $610 in additional annual costs, the Center on American Progress analysis estimated. 

Middle-class households would also pay $220 more a year for cars and other vehicles, $120 more for gas and other oil products, and $90 a year in additional food costs, according to the policy analysis firm. 

Trump campaign spokesman Steven Cheung didn't respond to requests for comment.

Tariffs have long been used to advance U.S. trade policies by both the right and left, as well as to curry favor with labor unions. And Americans generally support tariffs because they believe they protect U.S. jobs from overseas manufacturers.

In practice, policymakers tend to apply targeted tariffs that serve to protect a specific industry or product. For instance, President Joe Biden last month instituted a  new tariff on Chinese electric vehicles, semiconductors, batteries, solar cells, steel and aluminum. The goal is to prevent China from  undercutting U.S. companies  and threatening domestic manufacturing jobs, according to the Biden administration. 

"The basic thing is that people view tariffs as job saving, and say, 'It'll cost me a little more and I want to do that because I want to help steelworkers'," Lovely said. But, she added, "We see a lot of misunderstanding about how trade works and what tariffs mean for people."

Do tariffs protect jobs?

Lovely and Clausing point to existing evidence about the impact of tariffs enacted by Trump during his presidency, when he put  levies on Chinese goods as well as Mexican products.  But rather than protect employment, offshoring of U.S. jobs continued during the Trump presidency, according to Reuters, citing Labor Department data. 

"People are being sold a bill of goods, but the data shows it's not helping them in their daily lives," Clausing said. "That's the hard thing about being an economist — everything lines up and people say, 'No, tariffs seem good'."

Noted MIT economist David Autor and his co-authors  said  in a January research paper that Trump's 2018-2019 trade war "has not to date provided economic help to the U.S. heartland," failing to raise employment in protected sectors. In fact, retaliatory tariffs from countries targeted by the Trump administration had the effect of "clear negative employment impacts, primarily in agriculture," Autor found. 

The one success of Trump's trade war, Autor concluded, was political. "Residents of regions more exposed to import tariffs became less likely to identify as Democrats, more likely to vote to reelect Donald Trump in 2020 and more likely to elect Republicans to Congress," the researchers wrote. 

It's likely that many Americans didn't notice the price increases during the Trump 2018-19 trade war because they were more targeted than a 10% across-the-board tariff would be, Lovely and Clausing said. 

"If you look at set of imports targeted by Trump in his presidency, it was maybe one-tenth of trade, and companies like Walmart might have spread out some of that pricing increase across goods, so it's really non-transparent," Clausing said. "My prediction is that if the worst happens and he puts a 10% tariff on everything, people will notice that."

• Donald Trump

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets including USA Today and Consumer Reports.

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The global spike in luxury handbags, shoes, and clothing sales could be coming to an end due in part to China's 'luxury shaming,' study finds

• Global luxury goods sales growth will slow in 2024, per a new Bain & Company report. 
• The report cited China's economic uncertainties and rising outbound tourism as key factors.
• "Luxury shaming" and price hikes without innovation could also contribute to sluggish sales growth.

The spike in the global sales of luxury goods could be coming to an end in 2024, and "luxury shaming" could be in part to blame.

A report published on June 18 by Bain & Company forecast that worldwide sales of personal luxury goods — which include high-end clothing, shoes, handbags, and beauty products — would grow at the slowest rate since 2020, when sales plummeted due to pandemic-related factors.

Related stories

If Bain's forecast pans out, it could be due in part to a slowdown in China. The report cited two factors in particular that are holding back sales in the Chinese market: "the revival of outbound tourism" and "weakening local demand caused by rising economic uncertainties."

As pandemic conditions have eased, more wealthy Chinese citizens have begun traveling internationally — allocating money to travel that they might otherwise have spent on luxury goods.

Additionally, economic uncertainty in China has brought about a phenomenon called "luxury shame" or "luxury shaming." With some Chinese citizens experiencing financial challenges , some higher-income people have been hesitant to flaunt their wealth with luxury goods. Bain said this phenomenon played out in the US during the Great Recession — and has impacted sales in China.

Bain partner Claudia D'Arpizio told The Associated Press that in addition to macroeconomic factors, luxury goods companies may also be to blame for the slowdown in sales.

She said some luxury goods companies have raised prices but not justified these hikes with sufficient innovation, leaving some consumers "upset and puzzled."

Watch: Why the retail industry has its eye on Gen Z

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GLOBAL TRAVEL GOODS INC

Summary information.

There are a total of 280 bills of lading on file for Global Travel Goods Inc between February 28th, 2019 and June 15th, 2024.

Of those 280 bills of lading, 5 were within the past 30 days and 6 were within the past 90 days.

Bills of Lading by Month for Global Travel Goods Inc

Subscribe now for unlimited access to all manifests, vessels, shippers, consignees, and more for GLOBAL TRAVEL GOODS INC.

Sankey Diagram of Associated Companies

Below is a Sankey Diagram of the top 20 companies associated with Global Travel Goods Inc, and the top 4 companies associated with those associations.

Associated Companies

Below are the top 20 companies associated with Global Travel Goods Inc in terms of total bills of lading. Total Records are based on data obtained since March 1st, 2019.

Other Companies Listed Alphabetically

Below are other companies when arranged alphabetically. There is not neccessarily any association to Global Travel Goods Inc.

25 Most Recent Bills of Lading

Sample bill of lading, relevant dates, bill of lading overview, notify party, #1 -- container trhu4891470, tariff information, map of activity by port, global travel goods inc top us ports, global travel goods inc top foreign ports, global travel goods inc address and name permutations.

Below are the top 10 company names and addresses for Global Travel Goods Inc that were combined to create this record. While we try to make sure everything is as accurate as possible we can't guarantee complete accuracy for all records so please notify us of any errors.

Global Travel

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Shareholder alert: rigrodsky law, p.a. is investigating mgo global inc. merger.

Wilmington, Delaware--(Newsfile Corp. - June 27, 2024) - Rigrodsky Law, P.A. is investigating MGO Global Inc. ("MGO") (NASDAQ: MGOL) regarding possible breaches of fiduciary duties and other violations of law related to MGO's agreement to merge with Heidmar, Inc.

To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-mgo-global-inc .

To contact Seth D. Rigrodsky or Gina M. Serra cost free, call or text (302) 295-5310 or email [email protected] .

Rigrodsky Law, P.A., with offices in Delaware and New York, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in securities fraud and corporate class actions nationwide.

Attorney advertising. Prior results do not guarantee a similar outcome.

Contact: Rigrodsky Law, P.A. Seth D. Rigrodsky, Esq. Gina M. Serra, Esq. Call or Text: (302) 295-5310 Email: [email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/214635

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GLOBAL TRAVEL GOODS INC

177 FIELDCREST AVENUE, EDISON, NJ, 08837

(732) 225-0727

(718) 219-1708

[email protected]

[email protected]

(732) 225-0734

CHUN YUN CHU

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