Articles

Global Economy

Shipping Lines Skip a Beat

Global ports lost more than one-third of their expected capacity to ship containers in 2021, causing economic trouble for some smaller developing nations, among others, finds research commissioned by the Global Shippers Forum (GSF). The study, which was conducted by MDS Transmodal, identifies the extent of capacity restriction in 2021 that resulted from scheduled port […]

Read More
E-commerce Growth: Slower but Hefty

E-commerce Growth: Slower but Hefty

Even as growth slowed from 2020’s pandemic-fueled explosion in activity, the global e-commerce market still grew a robust 19.9% in 2021, according to Transport Intelligence (Ti). Indications are growth will slow but remain hefty. Ti’s market sizing and forecast data and analysis shows a projected annual growth rate of 11.8% in the global e-commerce logistics […]

Read More
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, […]

Read More
Brexit Baffles Freight Forwarders

Brexit Baffles Freight Forwarders

Most freight forwarders doubt they can handle changes to the United Kingdom’s trading relationship in 2021, including new customs documentation and procedures, according to a study by the British International Freight Association. Key findings from the report reveal: Lack of understanding: More than half of freight forwarders say they have no knowledge or need to […]

Read More
Supply Chains Need Long-Term Resilience

Supply Chains Need Long-Term Resilience

Before COVID-19 struck, supply chains were praised for their just-in-time capabilities. Now entirely new levels of supply chain resilience are needed, according to the Council of Supply Chain Management Professionals’ (CSCMP) 2020 State of Logistics Report. In 2019, the U.S. economy achieved 2.3% growth, and the logistics sector grew to $1.65 trillion in expenditures. Productivity […]

Read More
Asia’s Economic Rebound

Asia’s Economic Rebound

About 43% of businesses say that the majority of their global supply chains are dependent on China, and most say they won’t be able to visit those suppliers until June 2021 at the earliest (see chart), according to a study from technology platform Flexport. Asia was the first region to endure COVID-19 and reopen its […]

Read More

Tipping the Scales on International Trade

Several key events, including the COVID-19 pandemic, the U.S. presidential election, and the United States-Mexico-Canada Agreement (USMCA) implementation, can directly impact international trade in 2020, according to DHL’s survey of U.S. small and mid-sized businesses. DHL’s key findings include: Pullback on international business outlook: 49% of respondents say COVID-19 has caused them to take a […]

Read More
China’s Road to Restoration

China’s Road to Restoration

After reporting no new cases of COVID-19 in March 2020, people are going back to work in China—but companies still face a slow return to production. Not only do China’s original equipment manufacturers (OEMs) face many challenges in resuming their production capacity, but global manufacturers also feel the impact of shortages in their supply chains. […]

Read More
Keith Biondo

Flexing Muscle on China Trade Compliance

The Trump administration is using a novel approach—e-commerce shipment enforcement—to ensure that China complies with Phase 1 of the U.S.-China trade deal signed in January 2020. Trade compliance intersects with billions of dollars of e-commerce shipments in Operation Mega Flex, which the Department of Homeland Security outlined in late February 2020. Mega Flex targets what […]

Read More

Is Your Supply Chain Resilient? How Manufacturers Can Map Dependencies and Minimize Risk During COVID-19

The COVID-19 pandemic has dramatically disrupted many global supply chains, and there is no way of knowing when the disruptions will peak or begin to return “normal.” Presently, the focus on public health and welfare is paramount—the ability of nations to contain the pandemic comes first. But the health of the global economy is also […]

Read More