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VERTICAL FOCUS | Metals
Steel and Aluminum Tariffs: What’s Happened So Far To help make sense of the confusion around current steel and aluminum tariffs, IHS Markit offers this timeline. March 23, 2018: President Donald Trump imposes import tariffs on steel and aluminum. June 1: Significant–and supposedly final– changes are imposed. June 15: President Trump approves tariffs on Chinese […]
Read More2019 – The Year of Brazilian Trade
With continual shifts in the global landscape, countries from around the world are increasingly looking to Brazil as a partner ripe for trade and investment. Brazilian stocks have already reached an all-time high in the first half of the year, showing that the country is truly starting to make its mark as a key, competitive […]
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JetBlue Ups Its Cargo Game
As part of its plan to gradually expand cargo operations, JetBlue will partner with Miami-based consultancy Aeronex Cargo. Initially, JetBlue will utilize flights to and from Fort Lauderdale to interline cargo moving through Miami International Airport. Aeronex will organize the Miami to Fort Lauderdale road-feeder transportation. Prior to 2018, the low-cost carrier did not transport […]
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Carriers Cough Up Hiring Fee
As part of the Federal Motor Carrier Safety Administration’s (FMCSA) new Drug and Alcohol Clearinghouse rule, trucking companies soon will be required to pay the agency a fee prior to hiring each driver—in addition to an annual fee for currently employed drivers. Starting Jan. 6, 2020, carriers will be mandated to query an FMCSA database […]
Read More(Not So) Forever 21
On September 29, 2019, Forever 21 filled for Chapter 11 bankruptcy. The young-adult fashion emporium’s decision will primaily affect locations outside of the United States. The company plans to shut down nearly all of its facilities in Asia and Europe. It plans to close nearly 200 stores in the United States, and plans to continue […]
Read MoreSupply Chain Skills of the Future and How Organizations Can Prepare
A recent CEO survey by Gartner1 cited “lack of appropriate talent and capability” as the top most inhibitor to a company’s digital progress. Supply chain organizations are no exception. The gap between the skills needed to compete in an increasingly digital world and those available in the organization is widening. Rise in robotics, algorithmic intelligence, […]
Read MoreMaersk, Blackbuck Create Containerized Trucking Platform
To help India’s government reach its goal of reducing logistics costs from 14% of the GDP to less than 9% by 2022, integrated container logistics company Maersk is partnering with BlackBuck, India’s largest online trucking marketplace. BlackBuck will own and operate a new containerized trucking platform, which Maersk will support by developing industry-specific solutions. The […]
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Warehouse Automation Growing, But For How Long?
During the past few years, the warehouse automation market has seen double-digit growth rates driven in part by the rise of e-commerce and omni-channel retail, finds new research from market intelligence firm Interact Analysis. Consumer demand for faster and cheaper online delivery options has many retailers investing in warehouse automation to cut order processing times […]
Read MoreThe Value of a Trucking Company Offering 3PL Services
On-time delivery has remained a singular focus for shippers, supply chain engineers and freight handlers for decades. Only now, they have more options available to alleviate delivery disruptions and expedited costs. A multi-modal strategy — combining truck assets with 3PL carriers — gives shippers more capacity choices and consistency that can be the difference between […]
Read MoreManaging Logistics Chaos With the Next Wave of Artificial Intelligence
Most of us have heard of the “Butterfly Effect” — the phenomenon where the flapping of butterfly wings in one location can affect how weather plays out in a distant location. This is an example of nonlinear system behavior, or how a small change in conditions in one location can result in large changes in […]
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