Articles
Global Logistics
Collapsing High Container Costs
The global shipping sector has a container problem. To be precise, it has a $30-billion container problem, and that price tag is increasing every year. In addition to their financial costs, empty containers congest deck spaces and crowd ports. And forcing ships to transport millions of empty containers around the world every year creates unnecessary […]
Read MoreTariffs Sting U.S. Supply Chains
The tariffs President Donald Trump imposed on Chinese goods have caused sharp increases in expenses for some companies, and even businesses that have yet to feel the sting of the duties on imported Chinese goods are taking a closer look at their supply chains to see how they can minimize the damage. As businesses scramble […]
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Consumer Electronics FTZ – MD Logistics
The Challenge MD Logistics has partnered with a leading global supplier of mobile and consumer electronics products since 2007, when a newly acquired product line prompted the company to seek third-party logistics (3PL) services. A majority of their products originate overseas and therefore require numerous customs filings as well as costly annual duty and brokerage […]
Read MoreAnswering Global Volatility with IT Solutions to Support Supply Chain Agility
Today’s global economic volatility is putting increased pressure on supply chain managers. While worldwide turmoil is not new, the ability to manage it has now become an expectation — one companies must master to remain competitive. This requires purchasing agents to be alert, well-informed, and able to pivot to new suppliers and delivery routes with […]
Read MoreHow Shippers and 3PLs Can Better Manage the Global Cargo Chain’s First Mile to Last Mile – WiseTech Global
Three experts from the WiseTech Global family of companies discuss how shippers and 3PLs can improve their cargo chains spanning first-mile pickup, cross-border consolidation, and deconsolidating into last-mile parcel carrier networks.
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Asia Pacific Companies: Green Giants
Asia Pacific companies place more importance on green transportation than other regions, finds DHL’s latest research report on ground transportation logistics. Seventy-five percent of respondents from the region say electric vehicles will have a significant impact on transport in the next two years, compared to the global average of 53 percent. In addition, 82 percent […]
Read MoreSix of One: Merger Creates UK’s Largest Logistics Provider
Hong Kong private equity investor EmergeVest has consolidated ownership of six of the UK’s leading logistics companies to create EV Cargo, one of the country’s largest providers of transport, logistics, freight forwarding services, and logistics technology, and a global supply chain company operating in more than 120 countries. With £850 million (US $1.067 billion) of […]
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Weather Forecast: Supply Chain Disruptions Ahead
Global supply chain disruptions continue to grow at an alarming rate and the potential for financial or revenue impacts is the highest it has been in three years, finds Resilinc’s recent EventWatch Supply Chain Disruption report. In the first half of 2018, Resilinc notified a record 1,069 events within six months, the highest since the […]
Read MoreBuilding a Global Experience Through Connected Service
The Internet of Things (IoT) is bringing a new level of connectivity that is evolving the forklift service call and changing how companies approach equipment maintenance. Today’s connected service technicians, armed with new technology and increased connectivity, are helping to make service calls smarter and more proactive. As more data is gathered on forklift performance […]
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2018: A Year to Remember
Most Likely to Have Lasting Impact The new NAFTA Jose Minarro Senior Vice President of Customs in Mexico Transplace “The rules of origin for several industries will change. Revisit eligibility to claim NAFTA or USMCA duty rates in the future and perform a comprehensive rules of origin and regional value content analysis for every product.” […]
Read MoreDo You Need a Larger Customs Bond?
The answer could very well be yes, according to information provided by Tennessee-based transportation company Averitt Express. A lot of new tariffs have come into effect in 2018, and more are scheduled. These increases are substantial, and if they affect the goods your company imports, you are well aware of how this impacts your business […]
Read MoreGPA on Track for 4.3M TEUs
For Calendar Year 2018 through November, the Port of Savannah has handled 4 million twenty-foot equivalent container units, up from 3.72 million over the same period last year. Containers currently booked for December will add approximately 362,000 TEUs to the annual total.
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Panama Canal in the Zone
The Panama Canal closed its 2018 fiscal year with a record 442.1 million Panama Canal tons (PC/UMS), which represents a 9.5-percent increase from the previous year. This surpasses cargo projections of 429.4 million PC/UMS tons for FY 2018, as well as the 403.8 million PC/UMS tons registered in FY 2017. The transit of liquefied petroleum […]
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New NAFTA Winners and Losers
Although the recently announced trade deal between the United States, Mexico, and Canada is not likely to take effect until 2020, assuming each country grants final approval, many have been quick to seize upon the agreement in search of "winners and losers." The new deal, known as the United States-Mexico-Canada Agreement (USMCA) is poised to […]
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That’s a Latte Coffee
When it comes to coffee imports, Germany is way out in front of EU member states, with 2017 imports totaling 1.1 million metric tons (see chart), according to Eurostat’s most recent statistics. The Italians are also well known for their love of coffee and last year, they imported slightly more than 550,000 metric tons. Belgium […]
Read MoreAirfreight Forwarders Guide
These airfreight partners can help you fashion transportation operations that make your company a model of efficiency.
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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 […]
Read MoreApple Seeds Clean Energy Fund for China
Apple will launch a new first-of-its-kind investment fund in China to connect suppliers with renewable energy sources. As part of the company’s commitment to increase the use of renewable energy within its supply chain, 10 initial suppliers and Apple will jointly invest nearly $300 million over the next four years into the China Clean Energy […]
Read MoreTop 10 Global Supply Chains
Which global companies and industries are leading the way? Which company encompasses the best supply chain practices? Has the same company been leading the way for the past decade, or has an underdog come from behind? To answer these questions, Vero Solutions, a UK-based provider of tracking and safety solutions, analyzed Gartner’s annual list of […]
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Hello, Good Buy
Today’s retail environment is more complex than ever, given the rise of e-commerce and a rediscovery of the age-old truth that the customer is king. As retailers across the globe struggle with demands for both personalization and convenience, balanced with consumer skepticism on data privacy, JDA Software and Centiro explored consumer trends in key markets […]
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