Articles

Global Logistics

Leveling the Ocean Shipping Playing Field

Participating beneficial cargo owners (BCOs) can benefit from enhanced purchasing power, service monitoring, and cost transparency as a result of a new partnership between supply chain consulting company Chainalytics and global shipping consultancy Drewry. The companies have joined forces to launch an innovative ocean freight procurement solution for shippers. The Chainalytics Ocean Buying Group will […]

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Small Businesses Face Import Overhead

Freightos research sheds light on rampant inefficiencies within the global freight sector, trends impacting the growing import/export industry in the United States. While importing continues to grow across both small and enterprise companies, almost 50 percent of the 300,000+ American businesses that import still use spreadsheets to manage their international supply chain. Global trade is […]

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German Trucks: It’s a Steal

German Trucks: It’s a Steal

Growing cargo thefts across Germany, resulting in product losses valued at $1.3 billion annually, have prompted business associations in the country to launch a joint initiative to tackle the problem. Physical cargo carried onboard almost 26,000 trucks is stolen in Germany every year, averaging a new attack on a truck every 20 minutes, according to […]

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Imports, E-Commerce Drive Industrial Real Estate Demand

Imports, E-Commerce Drive Industrial Real Estate Demand

Seaports are a vital economic engine for the United States and a huge driver of demand for industrial real estate. Imports represented 63 percent of the total loaded cargo volume in 2017 for the top 13 ports in the United States. As imports continue to rise steadily in many ports across the country, and e-commerce […]

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FTAs Top Concern of Importers/Exporters

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. The results confirms that FTAs remain in the forefront of the […]

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Coping With Trade Compliance Challenges

Coping With Trade Compliance Challenges

The Thomson Reuters-KPMG International Third Annual Global Trade Report reveals leading practices from top global trade practitioners in the following areas: Centralization Centralizing the governance of global trade is a good starting point, report many large and experienced multinationals. They find that once one area is centralized, companies tend to centralize more trade processes than […]

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Long Beach Port Goes With the Flow

Long Beach Port Goes With the Flow

As cargo volumes and the complexity of port operations continue to increase, the Port of Long Beach and GE Transportation are collaborating on a pilot project to improve cargo flow, increase visibility, and enhance real-time decision-making. After a successful pilot with the Port of Los Angeles that increased visibility of incoming cargo from two days […]

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U.S. Manufacturers Brace for Tariff Backlash

U.S. Manufacturers Brace for Tariff Backlash

Shortly after the Trump administration announced the United States would impose tariffs on imported steel and aluminum, Harley-Davidson was among the companies expressing concern. The U.S. motorcycle manufacturer stated it would suffer a severe impact on sales if other countries countered by imposing a punitive or retaliatory tariff on its bikes. If President Trump follows […]

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The Model Port of the Future

The Model Port of the Future

The Port of Rotterdam, Europe’s largest port, is working with IBM on a long-term digitization strategy that will transform the port—not only to improve safety and efficiency today, but also to accommodate autonomous ships, as well as process and ship metal 3D-printed ship components on demand in the future. Key elements of the digitization strategy […]

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Airline Confidence Stays High

Airline Confidence Stays High

Airline management confidence remains high, despite concerns about higher fuel costs, and an expectation that profits will fall from 2017, according to the International Air Transport Association’s (IATA) latest Airline Business Confidence Index. Among the index highlights: Nearly 75 percent of airline CFOs and heads of cargo indicate an improvement in year-on-year profitability in Q4 […]

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