Global Logistics

WHAT IS “NEWS” TO YOU?

On November 15, 2021, President Joseph R. Biden signed into law the $1.2 Trillion Infrastructure Investment and Jobs Act that includes $550 billion in new funding for hard infrastructure changes, which include, but are not limited to, rebuilding roads and bridges, water infrastructure, airports, etc. It allocates the following:

$110 billion for construction, repair, and research for roads and bridges;
$66 billion to upgrade and maintain the country’s passenger and freight rail systems;
$50-plus billion to protect infrastructure from cybersecurity attacks;

$25 billion for upgrades and expansions of U.S. airports, control towers and systems;
$17 billion for port infrastructure and truck emissions at ports; and
$11 billion to address highway, pedestrian, pipeline, and other safety areas.

In addition, the CHIPS for America Act of 2022 subsidizes the U.S. semiconductor industry and boost efforts to make the United States more competitive with China. The bill provides $52 billion in subsidies for chip manufacturing and research.

The logistics industry facilitates the trade entrepreneurial activities between two or more parties by means of transporting, storing, and delivering goods through either B2B, B2C, or C2C supply chain networks. At the present time, logistics companies implement cargo transportation services by land, air, and water while adapting to the changing nature of the economic patterns and digitization.

According to reports by Statista.com, this age-old industry since the beginning of time continues to be one of the backbones of international trade worth over 5.5 trillion euros in 2018. In 2020, the global logistics market was worth almost 8.6 trillion U.S. dollars. This notwithstanding, North America was the second-largest region in that year, accounting for approximately 2 trillion U.S. dollars. Notwithstanding, the contributions to the global economies of scale have been the ‘backbone’ of this industry’s continued success.

WHAT WILL HHH LOGIX DO FOR YOU?

HHH Logix wants to add to this growing international phenomenon by becoming a unique, and empowering entity dedicated to a full-service concierge to its clients. How so? Simple. A “one-stop” experience with the following services:

U.S. Customs Bonded Warehousing;
U.S. Customs Clearing;
International Freight-forwarding (via Distribution and Modal Transportation); and
Providing additional third-party logistics (“3PL”) including Incoterms® invoicing

HHH Logix will augment its operations to make these concierge services more competitive in the global trade. There are eleven (11) different classes of bonded warehouses authorized under 19 C.F.R. §19.1, but HHH Logix will focus on Classes I, II, III, VIII, and XI respectively. As a U.S. Customs Bonded warehouse, HHH Logix will focus primarily, but not exclusively, on small- to medium-sized, minority businesses that generate <$15,000.00 in gross monthly revenues. Customarily, these businesses do not have an infrastructure to handle their shipping/receiving needs.

OUR PASSION.
OUR PROFESSION.
OUR PROMISE.

Between the ‘grass roots’ of working for Delta Cargo and FedEx, an urgency was born to service those who are not as privileged as corporate America, but who deserves equal opportunity to succeed in global logistics with their goods both efficiently and effectively. We, HHH Logix, will be ‘providing the missing link’ within this global supply chain.

HHH Logix will offer more 3PL services globally through and with Delta Cargo; DHL Global Forwarding; and UPS Supply Chain Solutions our potential future business partners.

Whether it will be the storage, transport, or clearing of high-value international imports/exports that include, but are not limited to, precious metals/stones, medical equipment/supplies, certain agricultural and perishable goods (e.g., coffee beans and seafood), and of course, military dignified transfers.

By 2025, HHH Logix will be expecting 15% annual growth in gross revenue after our first year of operation in 2022, and every year thereafter with very little overhead. Hence, a much larger profit margin and bigger savings for you! Poised and positioned with who have proven business strategic models with international 3PL, our dreams to service globally will become a long-term reality. What does this mean for our customers? More savings through bundled 3PL services and their repetitions.

HENDERSON & HENDERSON HOLDINGS LLC