Articles
Global Economy
Global Trade Plateau?
Order volumes in Western economies have grown significantly, but momentum may be slowing, finds a new report.
Read More
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
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
Florida Sets the Future
The Sunshine State is a strategic and economic powerhouse, driving companies’ logistics success and setting the stage to play an even more substantial role in the coming years.
Read More
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
USMCA: A Bright Light for Shippers
Many businesses around the country are suffering due to the economic impacts of COVID-19. Small and mid-sized businesses especially are being hit hard, with thousands in survival mode. Furthermore, declines in exports and global commerce are affecting the logistics and transportation sectors. However, there may be some light at the end of the tunnel.
Read MoreTipping 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
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
Disruptions in Today’s Economy: How Can Supply Chains Prepare?
How can we better prepare to minimize the risks that disruptions present and mitigate their impact? Here’s how to build a more flexible and agile supply chain.
Read More
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