Why Retailers Need the TPP
In recent months, the acronym “TPP” has made international headlines, and has been a somewhat unexpected cause of dissension and acrimony among governments and citizens. The Trans-Pacific Partnership, more commonly known as TPP, is a trade agreement that aims to deepen economic ties among 12 countries along the Pacific Rim by reducing tariffs and stimulating […]
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Panama Canal Expansion Re-Routes Logistics for U.S. Businesses
Panama has completed the monumental $5.25-billion overhaul of the Panama Canal, which will have far-reaching implications for any business that employs or is part of an international supply chain. The Panama Canal can now accommodate ships that are one-third larger than before. These megaships carry 45 percent of the world’s cargo and will be able […]
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Communication Insights Boost Shipper-Supplier Relationships
Shippers who acknowledge that they have the power to enable their own supplier base to satisfy their needs as well as their customers’ are on the right track. In particular, North American importers would be well served to emphasize stronger communication practices with Asian exporters to boost supply chain efficiency. Stronger communications go beyond monitoring […]
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