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What’s your best importing or exporting advice?

What’s your best importing or exporting advice?

In order to maximize efficiencies throughout the supply chain, logistics should be viewed from 30,000 feet above and decisions should be made by considering the entire process. Imports, exports, and all modes of transportation are reliant on the connecting nodes. It’s an ecosystem where sustainability is key.

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U.S. Trade Ups and Downs

U.S. Trade Ups and Downs

Exports and imports of goods and services in the United States decreased 12.3% to $4.9 trillion in 2020, the largest nominal decrease since 2009, according to data from the U.S. Department of Commerce. Exports decreased by 15.7% while imports decreased by 9.5%. Total trade decreased as well, representing 23.6% of gross domestic product in 2020, […]

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Great Lakes Ports Stay on Course

Great Lakes Ports Stay on Course

U.S. Great Lakes ports are on pace to beat 2018 cargo volumes following a robust September handling road salt, cement, stone, petroleum, and wind energy components, and supporting the region’s construction activity and energy needs. Overall, St. Lawrence Seaway tonnage for the season (March 22 to September 30) reached 24.8 million metric tons, down 6% […]

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Strong Im/Ex Market Fuels South Korea Trade Growth

Strong Im/Ex Market Fuels South Korea Trade Growth

Air trade in South Korea will remain steady due to strong exports of high technology, basic materials, and machinery parts, as well as imports of industrial raw materials and machinery parts, predicts the DHL Global Trade Barometer, an early indicator of global trade developments calculated using artificial intelligence and big data. The Barometer also expects […]

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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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Global Trade Content: Unlocking the Supply Chain Value

New Content-as-a-Service solutions deliver content that exists outside an organization. This outside-in perspective is spurring companies to find new value to make supply chain planning and execution inherently more intelligent—especially when it comes to global trade. Content solutions can, for example, help companies properly classify goods to ensure compliance while minimizing duties and tariffs; research, […]

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