Global Trade Management (GTM) solutions automate complex international supply chain sourcing, logistics, cross-border trade, and regulatory compliance activities.
Visibility into the supply chain is clearer than ever, dramatically cutting the time from order to production and shipment. To bring the same transparency and efficiency to global trade, we need common sense changes. Find out how shippers can benefit.
The business of importing and exporting with the United States reaches a milestone at the end of 2016 when the Automated Commercial Environment (ACE) is fully implemented. To make its rollout seamless, FedEx developed a contingency approach that can be useful to other organizations as they adapt to this new era in trade.
Importers and exporters should update operations to ensure they are ready for the Automated Commercial Environment.
Cross-border import and export trade between the United States and Canada requires planning and expertise.
Best in class companies use a variety of global trade automation tools to lower inbound costs and improve processes.
Companies make contingency plans to prepare for possible supply chain disruptions caused by port labor negotiations.
Foreign trade zones (FTZs) are an essential tool for the growing business of third-party logistics. The National Association of Foreign-Trade Zones’ Daniel Griswold outlines the benefits shippers can gain from using FTZs.
Computer carrying case manufacturer Targus gets a handle on duty drawback with global trade management software.
If you don't file accurate import data with U.S. Customs and Border Protection, you put your company at risk for penalties and fines, warns Kevin Shoemaker, director, global solutions for Integration Point Inc.
Jose Fernando Nava, president, DHL Supply Chain, Latin America shows shippers how to capitalize on Mexico's attraction as a growing consumer market.
Mexico Taxes U.S. Imports, Audi's carbon friendly cars and carbon friendly transportation, Australia labors over transportation expansion, UPS opens health care logistics hubs in Singapore and China, U.S. football imports from China
Shippers are keeping a close watch on Cuba, and analyzing market and product gaps waiting to be filled. Here’s a look at the changing realities of sanctions, sourcing, and compliance.
Establishing a committed team and communicating procedures and expectations is the key to managing the complex web of global shipping.
The U.S.-Canada cross-border trade relationship remains robust in an evolving regulatory environment.
John Costanzo of Purolator International discusses the latest trade trends between the United States and Canada.
Despite news reports that globalization is dead, other trends will offset the downward spiral. If we redefine what globalization means, we won’t miss the trend again and be surprised by the results.
While the rewards of global operations are substantial, so are the risks. Compliance failures delay shipments, disrupt operations, and negatively impact your bottom line. These five tips will help you mitigate risk.
Working with a specialist can smooth the sometimes troubled logistical waters between the United States and Central and South America.
While the regulations that govern the movement of goods across borders can (and do) fill volumes, some are of particular importance right now. These include changes to the Harmonized System, revisions to the regulations regarding the export and import of hazardous waste, guidance on voluntary self-disclosures, mandates regarding electronic logging devices, and modifications to Cuba sanctions. This article provides an overview.
DHL survey gives insight into international trade; Trade growth expected between Canada and United States; Hanjin Shipping shuts down operations in Europe
Improve supply chain efficiency with these tips on how to effectively communicate with your suppliers.
Here's why the Panama Canal expansion is set to spur a realignment in which eastern ports take on a new and larger role in the continental supply chain.
Having all supply chain players connected to an intelligent cargo system maximizes the use of port infrastructure and keeps everyone informed on the “where is my cargo?” question. Accessing and sharing information on cargo through new technologies will not only smooth flows but it will also secure them.
Effectively mitigate demurrage and detention fees by taking an integrated approach to logistics, contract management, and supply chain visibility using a global trade management system.
The Canadian eManifest improves security by receiving cargo and conveyance information before a shipment arrives at the border. Here's what companies involved in U.S.–Canada highway transport should know about the regulation to improve efficiency, boost productivity, and increase compliance rates.
U.S.-Canada cross-border trade continues to be a mutually beneficial partnership between nations with a long history of friendship.
Keeping cargo secure requires visibility and the automation technology to enable this view into your shipments. Additionally, immediate access to rapidly changing requirements for import and export activities plays a key role in light of new security concerns.
The Panama Canal expansion, completed on June 26, 2016, will have an ever-widening impact on cargo flow across North America. Here's how the culmination of this decade-long expansion project will rewrite the rules of shipping.
On May 1, 2016, North American companies that trade with the EU and those with operations in the EU witnessed the beginning of the largest change to European customs procedures in the past 20 years. Find out more about the Union Customs Code (UCC).
Many companies falsely claim preferential duty treatment under NAFTA. This article outlines the right way to do it.
To support global initiatives, shippers should consider leveraging a Software-as-a-Service (SaaS) TMS with domestic and global functionality.
The Trade Promotion Act (TPA) allows U.S. companies to expand into markets that would normally be out of reach due to trade barriers. It forges the path toward competitive opportunities and overall success in global markets for U.S. shippers.
Companies should reevaluate its compliance processes to look at previous set plans and get programs ready for upcoming developments.
Selecting the right global trade management tool is important when looking to grow your business. Use these tips to select a global trade management tool to elevate your business.
EM Cosmetics brings its products to the global market through the use of international shipping and package consolidator MyUS.com.
Automatic Identification System (AIS) can provide analytics that enable companies to more accurately predict ship arrival times.
In the logistics of trade, the relationship between Canada and the United States is both friendly and advantageous on both sides of the border.
When selling products across the northern border, these three tips can help.
Aftermarket parts providers must take advantage of innovations in the supply chain to remain competitive in today’s global market.
Inbound Logistics’ annual Logistics Technology Perspectives offers market research to help IT buyers and users make better sense of what’s going on in the industry. And, the Top 100 Logistics Technology Providers list celebrates best-in-class innovators that are helping shippers revolutionize their supply chains.
Globalization has a dramatic impact on strategic sourcing, logistics excellence, and supply chain management. Here’s how your company can become a preferred employer in today’s global age.
Even before the final rulemaking of the FDA Food Safety Modernization Act is published and enforced, food shippers should take a proactive approach to make sure supply chains are compliant.
Global Trade Management Systems (GTM) can help automate and optimize international supply chains. Here’s some advice for successful implementation.
DB Schenker tests silent brake blocks; India changes policy for e-commerce foreign investment; Canada opens Customs Self Assessment preferences to U.S. shippers; Global steamship lines raise rates; European ports struggle with congestion and larger ships
Incoterms simplify international purchase-sales contracts. Here are tips for applying them correctly.
Establish internal controls, audits, and system checks to accurately manage the import process.
Midmarket companies can benefit from using automation to create a strategic export compliance program.
Changes to trade regulations require importers and exporters to prepare through new licensing and software updates.
Properly handling imported goods requires due diligence and continual effort.
U.S. government aims to create single-window, paper-less Customs process; Deutsche Post predicts positive growth for global express business; China looks to develop more logistics centers upstream on the Yangtze River; Canada-Mexico trade imbalance tops NAFTA summit; Mexican railroads object to proposed reform bill
Importers and exporters can achieve cost savings by using a foreign trade zone.
Global trade management (GTM) solutions help coordinate trade compliance, and allow trading partners to share data.
China and Taiwan depend on one another; Emirates targets multimodal transportation infrastructure investment; Chile port strike ends, concerns remain; Free online returns stoke Canadian consumption but place onus on U.S. retailers; Europe looks to United States for re-shoring inspiration; Mondelez debuts new GS1 standard
U.S. companies stand to gain from establishing manufacturing operations in Mexico – if they manage the challenges.
Foreign Trade Zones can help global shippers cut operational costs and speed customs clearance for imports and exports.
Shifting production closer to the U.S. can benefit supply chains, but nearshoring also presents obstacles.
Infrastructure remains India's greatest supply chain challenge; Canadian e-commerce market is catching up to speed; Maersk, Mediterranean Shipping Co. and CMA CGM form P3 Alliance
As director of purchasing at wine company Vino del Sol, Mara Gonzalez squeezes supply chain data from a business intelligence solution.
Manufacturing in Mexico gives U.S. companies quality control, lower transportation costs, and faster transit times.
Transporting goods between the U.S. and Canada requires thorough knowledge of customs compliance.
Complex border crossings lead U.S. shippers to rely on third-party logistics (3PL) providers to ease trade with Canada.
Global trade management solutions give shippers control of compliance, supply chain finance, and global logistics.
Shifting manufacturing operations in Asia back to North America provides companies more control of their supply chains, says Steve Sensing of Ryder Supply Chain Solutions.
Hong Kong strike threatens port’s reputation, shakes up competition; DUBAL turns to SAP for inbound control; NAFTA cross-border trade grows for second consecutive year amid recurring safety concerns; Texas pushes for heavier produce trucks from Mexico
Rebuilding the U.S. economy through trade requires enabling domestic manufacturers to regain home markets, writes Alan Tonelson of the U.S. Business and Industry Council.
Streamlining border regulations more critical to GDP growth than eliminating tariffs; McDonald's Australian business introduces iOS app that tracks food sources; Internet usage disparity in China raises concerns; Indonesia to export cargo ships from China in the face of rising logistics costs; Aussie wool growers target Vietnam for expansion; U.S., Mexico align border security initiatives.
The emergence of integrated third-party logistics (3PL) solutions, expanded and improved intermodal service offerings, and creative collaborations to optimize transport resources has prompted many companies to expand operations in Mexico.
The Alternative Site Framework designation is changing the Foreign Trade Zone landscape, allowing shippers a more expedient process for streamlining the supply chain.
For large North American companies operating in multi-national markets, moving products around the globe is a complicated endeavor, writes Roy Coburn of Livingston International.
Increasing demand for U.S. goods in Canada represents a positive sign for the economies of both countries. But keeping cross-border shipments moving requires building smart and savvy logistics partnerships.
Multinational corporations are gambling on the Latin American market's growth potential. But meeting the region's supply chain challenges requires an understanding of local markets, strategic planning, and strong partnerships.
Mexico-based automotive glassmaker Vitro Automotive opened a distribution center in the United States to serve Detroit automakers just-in-time requirements. Its long-time logistics service provider Evans Distribution Systems staffed the new DC for Vitro to ensure a quality workforce.
Adopting global trade management (GTM) technology helps standardize business processes and facilitate communication, says Nathan Pieri of Amber Road.
Electronics manufacturer Siemens switches from air freight to over-the-road transport for cross-border shipments from Mexico to the United States and Canada, cutting 35 percent from its transportation costs thanks to CFI Logistica.
If your business plans include shipping to areas where civil unrest or natural disasters have occurred, be flexible and make strong connections, advises Larry Wenrich, Pilot Freight Services.
For many manufacturers and logistics professionals, preparation and opportunity are meeting right now at the U.S.-Canadian border, as North American companies on both sides of the boundary reexamine, redefine, and realign their global supply chain strategies.
The complexities of global trade management, sustainability and business intelligence technology call for the help of a third-party logistics provider.
With the advent of cloud computing, companies can collaborate with trading partners around the globe with minimal startup costs and headaches, using a pay-as-you-go model.
The complexities of global trade management call for the help of a third-party logistics provider.
Troy Ryley and Jose Minarro, managing directors for Transplace Mexico, offer tips for shipping freight cross-border and within Mexico.
Contingency suppliers, sourcing differentiation, special incentives, and a host of other strategies generate improvements in supply chains that reach around the world.
Dubai makes progress on its first aerotropolis, Starbucks partners with China to set up its first coffee bean farm, Canadian National accelerates auto imports, United Kingdom and France work to counter terrorism, Marks & Spencer accelerates supply chain improvement plan
10 tips for what companies should consider when locating and choosing a global distribution hub.
Fully implementing cross-border trucking policy benefits both the United States and Mexico, writes Kyle Burns of Free Trade Alliance.
A steady stream of goods passing north and south across the U.S.-Canada border stitches the two nations tightly together, complicated by factors such as customs regulations, security protocols, data exchange, and infrastructure projects.
Technology-enabled global trade management offers significant benefits for improving supply chain efficiency and increasing profitability, writes Don Mabry of ClearTrack Information Network.
A global trade management system can help support foreign trade zone operations, whether distributing from or manufacturing within the zone, writes Wayne Slossberg of QuestaWeb Inc.
Importers and exporters must make sure the U.S. Customs and Border Protection's new 10+2 equation adds up. Here's the formula for successful compliance with the Importer Security Filing (ISF) regulation.
For an update on customs, infrastructure, and manufacturing, IL went straight to the supply chain leaders and economic development experts who make Mexico their business.
Those who suggest U.S. Customs and Border Protection's Importer Security Filing regulation, known as 10+2, adversely affects supply chain velocity shoud consider the alternative, writes Sam Polakoff of TBB Global Logistics.
Any business that imports products should investigate the benefits offered by taking advantage of Foreign Trade Zones (FTZs). Here’s how they work.
Manufacturer of drywall and joint compound USG partnered with Transplace and was able to reduce the delivery time of its product from 6 weeks to 48 hours to Mexico—leading to double-digit sales growth.
From bananas to grapes and cherries, get the flavor of the fruit supply chain with these fun facts.
Here’s how trends in U.S./Mexico cross-border operations are shaping today’s supply chain.
Working with a supplier in Mexico offers tremendous benefits to SMBs that are looking to boost profitability while maintaining high-quality standards for their products.
President Trump hasn't been shy about his desire to put America on more equal trade footing with China, but business leaders have traditionally fought against efforts to force the trade rival into an agreement that's more equitable for both sides. Dissent is growing, however, according to the American Chamber of Commerce in China's (AmChamChina) 2017 Business Climate Survey.
To gauge shipper perspectives on trade in today's world, and particularly about the shift in free trade agreement (FTA) focus, global logistics and transportation solutions company BDP polled U.S. importers and exporters attending its 29th Annual Regulatory Compliance Seminar in Houston in late February.
UPS will develop a new operations center in the North American Borderplex.
Integrating external content is becoming more valuable for companies seeking more automation and real-time control over their supply chain planning and execution functions.
Make sure issues that can disrupt your supply chain are limited and infrequent. Here are several predictable and unpredictable risks that you should plan for:
To uphold a reliable supply chain, companies should have a business continuity plan. Here are the lesson learned in the aftermath of the Tianjin port explosions in August 2015 and how you can apply them to your supply chain.