Articles

Global Logistics

India Loses GDP To Poor Logistics

India is losing 14 percent of its gross domestic product (GDP) due to inefficient logistics, which impacts the competitiveness of the country’s products, according to CR Chaudhry, Minister of State for Commerce & Industry. "Logistics is an important sector and it is clear that the government is giving importance to the development of better connectivity […]

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XPO Logistics Taps Mobile Technology in  Europe

XPO Logistics Taps Mobile Technology in Europe

XPO Logistics, a global provider of transportation and logistics solutions, will expand its Drive XPO mobile technology to Europe in spring 2018, following a successful launch in North America. The app, designed for carriers, supports real-time visibility across transportation modes, and integrates carrier operations with daily productivity tools in one technology. The company’s proprietary Freight […]

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U.S. Imports: It’s a Steel

U.S. Imports: It’s a Steel

While the Trump administration introduced tariffs of 25 percent on the import of steel and 10 percent on aluminum, many of the United States’ most important steel trading partners were granted exemptions, at least temporarily. These exemptions apply to the selected major steel exporters shown in the chart below, including the European Union, Brazil, Canada, […]

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Simplifying Supply Chain Complexities

Manufacturing has never been more global, productive, profitable, or vulnerable. Despite tremendous advances in breaking down global barriers and adding efficiency to the supply chain, there are still challenges to move products quickly, safely, and seamlessly. To appreciate the complexity of today’s global supply chain, consider Boeing’s 787 Dreamliner passenger jet. Each jet is comprised […]

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Panama Canal Has a 3-in-1 Day

Panama Canal Has a 3-in-1 Day

The Panama Canal successfully transited three LNG vessels through its Neopanamax locks on April 17, 2018, marking a first for the waterway. The Clean Ocean, Gaslog Gibraltar, and Gaslog Hong Kong vessels first arrived at the Canal from the Pacific Ocean then transited north, departing on the Atlantic side. The development marks a significant milestone […]

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Outsourced Manufacturing: Ethical and Environmental Concerns Grow

Outsourced Manufacturing: Ethical and Environmental Concerns Grow

Some interesting trends around the ongoing trade war between the United States and China, as well as continuing challenges with environmental issues and health and safety, have emerged. That’s according to AsiaInspection’s (AI) quarterly barometer of outsourced manufacturing and the quality control services industry for Q1 2018. Highlights of the report include: As many as […]

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Leveling the Ocean Shipping Playing Field

Participating beneficial cargo owners (BCOs) can benefit from enhanced purchasing power, service monitoring, and cost transparency as a result of a new partnership between supply chain consulting company Chainalytics and global shipping consultancy Drewry. The companies have joined forces to launch an innovative ocean freight procurement solution for shippers. The Chainalytics Ocean Buying Group will […]

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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 […]

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German Trucks: It’s a Steal

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 […]

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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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Coping With Trade Compliance Challenges

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 […]

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Long Beach Port Goes With the Flow

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 […]

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U.S. Manufacturers Brace for Tariff Backlash

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 […]

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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 […]

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The Model Port of the Future

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 […]

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Airline Confidence Stays High

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 […]

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H&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 […]

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