Importers and exporters should update operations to ensure they are ready for the Automated Commercial Environment.
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.
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.
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.
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.
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.
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.
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.
Cross-border import and export trade between the United States and Canada requires planning and expertise.
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.
Best in class companies use a variety of global trade automation tools to lower inbound costs and improve processes.
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
Global trade management (GTM) solutions help coordinate trade compliance, and allow trading partners to share data.
Companies make contingency plans to prepare for possible supply chain disruptions caused by port labor negotiations.
Foreign Trade Zones can help global shippers cut operational costs and speed customs clearance for imports and exports.
As director of purchasing at wine company Vino del Sol, Mara Gonzalez squeezes supply chain data from a business intelligence solution.
Global trade management solutions give shippers control of compliance, supply chain finance, and global logistics.
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.
The Alternative Site Framework designation is changing the Foreign Trade Zone landscape, allowing shippers a more expedient process for streamlining the supply chain.
Adopting global trade management (GTM) technology helps standardize business processes and facilitate communication, says Nathan Pieri of Amber Road.
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.
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.
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.
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
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
10 tips for what companies should consider when locating and choosing a global distribution hub.
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.
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.