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Tariffs Go Nuts
Almonds are an especially lucrative product for California—the state’s almond industry currently supports more than 100,000 jobs and accounts for approximately $11 billion of the state’s economy. Instead of being roasted and seasoned with salt, however, almonds are being roasted by escalating Chinese tariffs. Earlier in 2018, President Trump implemented steep tariffs against offshore aluminum […]
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TradeLens Caps Blockchain Initiative
In an effort to apply blockchain to the world’s global supply chain, Maersk Line and IBM have collaborated to develop TradeLens, a blockchain-enabled shipping solution to promote more efficient and secure global trade, bring together supply chain partners to support information sharing and transparency, and encourage industry-wide innovation. To date, 94 companies are actively involved […]
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Home Depot Builds New Supply Chain
Home Depot will spend $1.2 billion to overhaul its supply chain to offer faster delivery for consumers and businesses. Walker Sands’ 2018 Future of Retail report offers the home improvement retailer some advice: To compete with Amazon, Home Depot should focus not only on delivery speed, but transparency as well. Only 30 percent of consumers […]
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Is Asia The New Bermuda Triangle?
Large shipping losses declined by 38 percent globally over the past decade, but losses in Asia rose year-on-year, with incidents in the South China, Indochina, Indonesia, and Philippine maritime regions rising 25 percent. That makes Asia the top area worldwide for major shipping incidents in the past decade, leading it to be dubbed the "new […]
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Big Apple Polishes Freight Transportation System
New York City plans to overhaul its aging freight distribution systems through strategic investments to modernize maritime and rail assets and create new distribution facilities. Freight NYC is a $100-million plan with the ultimate goals of creating nearly 5,000 good-paying jobs for New Yorkers and a more sustainable and resilient supply chain network. New York […]
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In Iceland, There’s No Place Like Drone
Consumers in Reykjavik, Iceland, will soon just have to walk out their back door to receive their packages. Drone technology company Flytrex, in partnership with Aha.is—Iceland’s largest online marketplace—launched 13 new routes for an autonomous on-demand urban drone delivery service to serve nearly half of Reykjavik. The upgraded service also includes an advanced “InAir” wire-drop […]
Read MoreIoT Clears the Air for Transportation Companies
The Internet of Things (IoT) is set to help transportation and logistics providers significantly reduce emissions, enabling compliance with clean air targets. It will also improve worker health and safety while maximizing resource efficiency and reducing expenses. That’s according to Inmarsat’s 2018 research project, which analyzes IoT adoption across the transportation and logistics sector. The […]
Read MoreKnow Your Product: How Blockchain Will Transform the Supply Chain
As consumers, we’re predisposed to trust the name-brand companies that form our commercial ecosystem. We believe, for the most part, that the products we buy are genuine. And for the products that aren’t, we have confidence that protocols exist to ensure that they never make it to market. It’s an optimistic point of view, but […]
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Europe Stays in the Loop
Virgin Hyperloop One will open a $500-million Advanced Technology Development and Testing Center in Spain, the company’s first European development facility. In return for this investment, Virgin Hyperloop One will receive 126 million euros in public aid through loans and grants to help establish the new center, advance its technology development and testing, and stimulate […]
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