Articles
Global Logistics
Small 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 […]
Read More
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 […]
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 More
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 […]
Read More
Long Beach Port Goes With the Flow
As cargo volumes and the complexity of port operations continue to increase, the Port of Long Beach and GE Transportation are collaborating on a pilot project to improve cargo flow, increase visibility, and enhance real-time decision-making. After a successful pilot with the Port of Los Angeles that increased visibility of incoming cargo from two days […]
Read More
U.S. Manufacturers Brace for Tariff Backlash
Shortly after the Trump administration announced the United States would impose tariffs on imported steel and aluminum, Harley-Davidson was among the companies expressing concern. The U.S. motorcycle manufacturer stated it would suffer a severe impact on sales if other countries countered by imposing a punitive or retaliatory tariff on its bikes. If President Trump follows […]
Read More
Sky. Falling or Not?
Trade uncertainty. Tariffs. Protectionism. Retaliation. Supply chain disruption. What is happening? For the past year, we have been hearing shouted warnings that global trade as we know it will end in 2017…no, in 2018….no, in 2019. “The future of the global trade system faces more risk and uncertainty than at any time since it was […]
Read More
The Model Port of the Future
The Port of Rotterdam, Europe’s largest port, is working with IBM on a long-term digitization strategy that will transform the port—not only to improve safety and efficiency today, but also to accommodate autonomous ships, as well as process and ship metal 3D-printed ship components on demand in the future. Key elements of the digitization strategy […]
Read More
Airline Confidence Stays High
Airline management confidence remains high, despite concerns about higher fuel costs, and an expectation that profits will fall from 2017, according to the International Air Transport Association’s (IATA) latest Airline Business Confidence Index. Among the index highlights: Nearly 75 percent of airline CFOs and heads of cargo indicate an improvement in year-on-year profitability in Q4 […]
Read MoreH&M Tries on Supply Chain Improvements
The world’s second-largest fashion company, Sweden’s Hennes & Mauritz (H&M), says it will increase supply chain investments and continue cost control measures to address slow growth in 2017, and keep pace with e-commerce rivals. After a supply chain reorganization in 2016, H&M’s new focus includes investing in data analytics and intelligence to enhance retail assortment […]
Read More