The expansion of the Panama Canal promises significant changes in trade patterns and increased global trade. Here are three ways companies can leverage this opportunity.
Improve supply chain efficiency with these tips on how to effectively communicate with your suppliers.
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.
Port of Hamburg unveils new traffic light system; CEVA Logistics TireCity in Italy demonstrates interest in sector-specific supply chain collaboration; China debuts longest freight rail route in the world; TPP agreement raises concerns about traceability in the seafood supply chain; Africa capital investment heats up; New G6 Alliance rotation features Polish port; Indian 3PL uses containers as mobile logistics classrooms; Intel eyes Asia for IoT ecosystem.
Middle East countries show signs of regional collaboration around transportation and logistics; China’s “red supply chain” threatens Taiwanese semiconductor industry; India looks to Korea as both a model and partner for its economic modernization program; U.S. fashion industry supports extension of African Growth & Opportunity Act; Cuba’s Port of Mariel attracts investment from CMA CGM; China looks to replicate U.S. rail freight model
Companies doing business globally are learning to be more flexible to adapt quickly to uncertainty without sacrificing economy, speed and service.
As multinational companies in the United States and around the world are increasingly influenced by changes in the international economy, global distribution networks must be fluid enough to accommodate unpredictability.
Heineken implements inland barge distribution in Europe; CMA CGM, MSC, and Maersk Line partner to fight piracy; PepsiCo UK and Ireland help farm suppliers cut carbon emissions and water usage; New Dubai Logistics Corridor facilitates UAE trade; Japanese economy shows signs of rebound; Taiwan launches project to improve logistics performance.
Russia developing a super-heavy cargo plane; Suppliers cannot meet Northern Europe's demand for wind power equipment; United Arab Emirates top re-exporter of rice; Outsourcing grows in Brazil; FedEx Express expands expedited offerings in China; Luxembourg-based 3PL introduces new multimodal hanging garment container to Australian apparel industry.
UK duties hit air freight; Prince Rupert's improved performance, Garuda Indonesia rebuilds long-haul international network, Vietnam experiences trade success, US and Switzerland Eye Open Skies pact, New Canadian coalition explores opportunities to build a replacement rail tunnel under the Detroit River; German organizations join forces to support "Cargo Needs the Night" initiative; UPS Lauds US-South Korea free trade agreement, Caterpillar constructs foothold in Brazil, China looks to consolidate air cargo carriers
More and more companies are realizing the benefits of fully managing eligible free trade agreements within the Asian region.
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.
High taxes and complex regulations create new choices for manufacturers: Nearshore? Offshore? Sue and settle? No matter what they decide, their supply chains will be impacted.
Supply chain professionals are concerned: Would the new president implement the protectionist measures he campaigned on, or were those statements made primarily to appeal to an audience? Here are four supply chain predictions.
Retailers need to come together in support of the trade agreement that will ultimately improve the industry for all. Here are three reasons why they should stand behind the passage of the Trans-Pacific Partnership.
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.
South Korean ocean liner Hanjin Shipping files for bankruptcy protection in a dozen countries; Few respondents to a GT Nexus survey say they have a chief supply chain officer on hand who would be equipped to deal with supply chain disruptions; Maersk splits its transportation and oil businesses
Shippers will be feeling the ripple effects of Hanjin Shipping’s bankruptcy for weeks or months to come. Here's how looking at a past disruption can inform strategies for this current backlog.
India-based textile manufacturer accused of providing fraudulent products; Iran seeks to strengthen trade relationships in Latin America; British manufacturers get small boost in wake of Brexit referendum
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.
The new de minimis rate allows e-commerce retailers to see faster customs procedures and border clearance, which will accelerate delivery speed.
Shippers unprepared for supply chain disruptions; China wants pirate hunting base in Horn of Africa; bringing cargo into Kenya; India ramps up transportation infrastructure development; air cargo carriers seek to cut costs without sacrificing growth; Amazon invests in India; China’s greenest supply chains; international shrimp supply chain linked to human trafficking and slavery; World Trade Organization rules to abolish agricultural subsidies; Mexico and U.S. sign liberalized air transport deal; global manufacturers shift production to Bangladesh, Thailand, Korea and Vietnam
Companies should reevaluate its compliance processes to look at previous set plans and get programs ready for upcoming developments.
For any United States-based company interested in expanding its retail logistics operations outside of the country, Asia Pacific may be the most ideal location.
Use these seven tips to find a partner in China that is right for your company.
In spite of U.S. dollar strength, domestic manufacturing remains competitive globally; UPS tests new electric cargo bikes to handle urban deliveries; Bi-national Great Lakes Seaway Partnership promotes commercial shipping along the Saint Lawrence Seaway system; Mercedes-Benz reconfigures its global supply chain; Global Logistic Properties shifts investment from China to United States; Freight rail gains traction in passenger transport-focused China; China debuts the world’s longest freight train route linking the northeast city of Harbin with Hamburg, Germany.
Before sourcing globally, it’s important to know the risks.
Port of Beirut plan for transshipment expansion irks truckers; New treaty greenlights Ghent–Terneuzen Canal lock upgrade; China-Europe rail development continues with UTi and Changjiu partnership; Global suppliers still laggard when it comes to environmental mitigation; Hong Kong looks to ease industrial real estate regs to create more warehouse capacity.
Shifting global dynamics and internal business process changes are compelling manufacturers and retailers to challenge the status quo and reinvent their supply chains.
United States and Canada are investing $7 billion in the Great Lakes-St. Lawrence system; Changing political relations between the United States and Cuba could signal new trade opportunities; UK faces a truck driver shortage among younger people; Panama approves new port development
Volatility in the oil, gas and energy business is forcing producers and industry to confront a legacy of poor logistics execution.
When it came time to face the ACE, HW St. John bet on an automated solution that streamlines processes and deals customers a winning hand.
Eelco de Graaf, vice president, supply chain operations at Lewis-Goetz and Company, is responsible for purchasing, shipping, manufacturing, and operational excellence.
United States gives Mexican truck drivers the green light for cross-border moves; Uber pilots cargo service in Hong Kong; Latin American rail freight market ripe for investment; Panama Canal Authority restructures its toll system; Turkey and Iran toil over truck fees; Global airfreight market set for steady growth; Lithuania railroad faces antitrust inquiry over competitive switching practices
All logistics and transportation stakeholders must work together to eliminate the supply chain talent gap.
Facing a number of challenges and constraints, the global port industry is addressing concerns and capitalizing on new opportunities.
United Kingdom establishes national training center for fracking; China and Jamaica team up on logistics training initiatives; UK port constraints push freight flows north; Middle East air cargo carriers show robust growth
North Korea,South Korea,and Russia team up to test new trade partnership,GS1 global registry sets new standard with 15 million products,Middle East airports face growing congestion problem,Puerto Rico makes Panama Canal transshipment play with Port of the Americas project,Britain introduces supply chain slavery bill.
Pilot program uses drones to deliver time-sensitive goods; Canadian government lines up two new bilateral trade agreements; Labor rights causing supply chain disruption; Using social media to understand carrier usage.
Plan now to avoid supply chain disruptions from the latest Icelandic volcano eruption; Australia struggles with home delivery challenges; EU and China sign landmark customs agreement.
CeMAT 2014 showcases the latest materials handling innovations; Alibaba buys stake in Singapore Post; Paris looks to reduce city speed limits; Canadian rail industry begins phasing out DOT-111 tankers amid crude-by-rail boom; EU and China sign Customs agreement; Chinese food imports continue to grow; Nigeria looks to resurrect defunct national steamship line; Latin America is the world’s fastest growing market for software; Maersk Line voice support for Nicaragua Canal proposal.
Turkey and China working on major transport infrastructure projects; Eurotunnel reduces freight rates to increase rail traffic; Port Metro Vancouver debuts GPS truck tracking program; French protectionism threatens foreign investment; First standardized emissions calculation methodology comes to Australia; Obama Administration weighs changes to Russia’s preferential trade status
Asia’s rapid growth presents challenges of its own, especially in the area of supply chain management.
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
Companies that effectively integrate trade agreements will gain a competitive edge in the marketplace.
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
Global dry-bulk commodity trade reveals rate growth, steadying inflation in China; Preparations for 2022 World Cup trigger DC explosion in Qatar; Supplier risk analysis will become more complex as companies expand into new global markets; Pakistani protests force U.S. military drawdown to consider $1 billion airfreight alternative; Asia truck bans taking toll on logistics industry; Africa’s piracy problem shifting to continent’s west coast; Trans-Pacific Partnership pact stalls, 2014 ratification expected; China’s Nicaraguan Canal stirs intrigue; Tesco acquires stake in “Asia’s Amazon”
The Panama Canal expansion, opening in 2015, may alter shippers' sourcing and routing decisions.
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
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.
Growth in overseas manufacturing spurred a boom in transportation of goods to and from developing nations. New emerging markets require shippers to reconsider their global operations.
For new businesses or those seeking to grow trade relationships, St. Louis represents a gateway to Asian markets, writes Tim Nowak of the World Trade Center St. Louis.
Globally interconnected supply chains face challenges such as natural disasters and currency fluctuations, but benefit from the latest logistics technology.
Man-made disruptions and natural disasters have a radiating effect on global supply chains. Inbound Logistics Editor Felecia Stratton discusses ways of coping.
John Haber, NPI, outlines five market concerns that will have the biggest impact on shipper spending in the near future.
Asia today is not just about manufacturing; it's also emerging as a consumer powerhouse. To seize the opportunity, manufacturers and retailers alike are rewiring their global supply chain strategies.
Contingency suppliers, sourcing differentiation, special incentives, and a host of other strategies generate improvements in supply chains that reach around the world.
Supply chain leaders and economic development experts provide insight on what's new in security, infrastructure, and manufacturing in Mexico.
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
Inbound Logistics Publisher Keith Biondo considers how today\'s foreign currency values will impact global product flow.
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.
News briefs: U.S. Ports Dig Panama Gold, Reducing the Carton Footprint, SaaS to the Rescue, BNSF Brings Shortlines On Line, Truckers Tackle Credit Crunch
Global supply chain visibility and detail can only be achieved by modern electronic data transmissions that are already available and can reduce the costs of international cargo movement.
Faced with transportation interruptions caused by the April 2010 eruption of an Icelandic volcano, European express carriers TNT and DHL activated contingency plans; LCD television manufacturers control spending by bringing production in-house; Inventory-in-sales ratios rise across the supply chain; Wholesaler Arrow Electronics acquires reverse logistics companies; Google helps consumers match demand to in-store supply
Asia Pacific companies can implement sophisticated supply chain management solutions quickly and effectively via cloud computing, creating visibility to generate logistics business intelligence data.
With changing cost dynamics, renewed focus on consistent quality, and new supply chain opportunities, the United States is becoming an increasingly attractive base for manufacturers. Explore the four reasons shoring up reshoring.