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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 […]
Read MoreSmall 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
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
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 […]
Read MoreSupply Chain Commentary: Boost Productivity, Efficiency, and Security in Your Warehouse
Smoothly running logistics—a key factor in successful warehouse operations—depends on a three-legged stool of productivity, efficiency, and secure operations. Today, software underpins many warehouse functions, giving leaders a new source of productivity and efficiency insights—and a new concern for corporate security. Measuring and Optimizing Productivity Optimizing labor productivity is the number one goal within warehouse […]
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High School Meets Truck Driver Challenge Hands-On
A Patterson, California, high school has an answer to the commercial truck driver shortage: kick young students’ interest into high gear. Its recently launched truck driving school program puts high school students behind the wheel. In addition to classroom instruction, they receive hands-on experience on a truck as well as training on truck simulators, where […]
Read MoreFTAs 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 […]
Read MoreIn It for the Long Haul
This first of its kind Heavy Haul Freight Carrier Survey of 258 heavy haul truckers, co-sponsored by FR8Star and Comdata, yields some interesting trends: Nine out of 10 truckers say they are tech savvy, suggesting the myth of the anti-tech trucker is just that—a myth. Of the almost one-quarter (22 percent) of truckers who have […]
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Logistics Jobs: Follow The Money
The rise of e-commerce, coupled with manufacturing and logistics facilities implementing robotics and other emerging technologies in the production process, has caused demand for digitally savvy workers with trade skills to skyrocket. But with a projected manufacturing and logistics (M&L) talent shortage of two million jobs, employers must pay competitively, beyond the market salary rate, […]
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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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