Articles
Global Trade Management
South of the Border Imports Boom
Driven by demand for boats, vehicles, vehicle parts, computer parts, and oil, Mexican imports to the United States rose 19.5% year-over-year in 2022 to reach $479.6 billion according to Mexico’s National Institute of Statistics, Geography, and Informatics. Some segments, such as motor vehicle parts, are returning to pre-pandemic levels. Additionally, data from project44 shows that […]
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Overcoming Global Trade Barriers
Lockdowns, land wars, and rising costs had companies scrambling to keep sourcing intact in 2022. Is reshoring the key to unlocking international trade challenges?
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Against All Odds, Trade Going Strong
“Resilient” seems to be the key word to describe global trade today. Despite myriad challenges—the aftermath of the pandemic, inflation, the war in Ukraine, a rocky stock market—global trade is persisting at strong levels, according to the latest DHL Trade Growth Atlas, published by DHL and the NYU Stern School of Business. The report maps […]
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Be Prepared for the Complexities of Mexico Cross-Border Logistics
Customs and legal issues, as well as capacity trends, underline the need for a transportation and logistics partner with the knowledge and experience to make the cross-border transition seamless.
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Florida Rising
The Sunshine State is strategically positioned for increased trade, even as global supply chains undergo dramatic changes. Here’s how two of its ports are supporting Florida’s ambitions and making bold moves. What is it about Florida that makes the state an ideal spot to plant or expand a business? In terms of both logistics and […]
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Reshoring? Not So Fast
Reshoring might sound like the solution to the United States’ supply chain woes, but here’s why it is not a cure-all for current and future disruptions.
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Transloading: The Answer to Consistency in the Global Supply Chain
Transloading can boost productivity and keep the supply chain moving. Engaging a partner like Taylored Services that fully understands this process is a necessity in today’s global market.
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TMS Must-Haves for a Competitive Edge
A transportation management system (TMS)—a logistics platform that leverages technology to help businesses plan, manage, and optimize the physical movement of inbound and outbound goods—can help companies navigate uncertain business conditions and boost performance.
Read MoreVertical Focus: Electronics
The electronics industry has seen price hikes, supply chain shortages, an increase in global demand, and much more. Here’s the latest Vertical Focus on what’s happening in the electronics industry.
Read MoreShipping 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 […]
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Artificial and Human Intelligence: An Unbeatable Combination
Investment in logistics technology—$26 billion in the past seven years—is white hot right now. Here’s a small sampling of the types of solutions that venture capitalists arefinancing: An artificial intelligence (AI)-driven demand-prediction engine that helps lifestyle brands forecast how many units of a particular item will sell. The mission? To better match global inventory levels […]
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Russia-Ukraine Supply Chain Strain
The commodities markets are the industry category that is experiencing the greatest strain as a result of Russia’s invasion of Ukraine, according to a Dun & Bradstreet briefing report released in March 2022. The report, which assesses the global business impact of the crisis, focuses on the businesses and countries that work with Russian and […]
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Global Trade Management Systems Guide 2022
In today’s complex and unsettled business environment, global trade management (GTM) systems are more important than ever. They can connect sourcing and logistics to make global trade more transparent and efficient. From resource planning and transportation management to data analytics, these GTM providers can help take some of the stress out of managing a global supply chain.
Read MoreTaking a Fresh Look at Brazil’s Transportation Sector
International investors may have had hesitation about moving into new markets amid the myriad changes of the past year. However, as the economy continues to rebound, many are taking a fresh look at one emerging market in particular: Brazil. Indeed, the Brazilian government has been working to establish new regulations that open doors for foreign […]
Read More10 Tips for Ensuring Trade Compliance
Many companies do not prioritize regular trade compliance check-ins until they’re dealing with a problem. Here’s how to manage and improve your international trade processes so you can catch a problem before it arises and remain compliant.
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2021 Global Trade Management Guide
Global trade management solutions became even more important when supply chains were disrupted with the pandemic. By connecting sourcing and logistics, GTM systems help make global trade transparent, efficient, and cost-effective.
Here are some leading GTM vendors and solutions that can help keep your global supply chain on an even keel.
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The President’s 2021 Trade Policy
The Biden Administration’s new trade policy report is filled with laudable goals such as beating COVID-19, American family relief, and the Build Back Better initiative. But should these goals be the basis of U.S. trade policy or negotiating position with other countries? Do our economic competitors enter into trade negotiations with the United States with […]
Read MoreGlobal Trade Plateau?
Order volumes in Western economies have grown significantly, but momentum may be slowing, finds a new report.
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Air Cargo’s Gradual Takeoff
The gradual movement toward recovery to pre-COVID market conditions continues for the global air cargo industry (see chart), according to data from CLIVE Data Services and TAC Index. Year-on-year growth for the full four weeks of August 2020 showed a further narrowing of the gap in international air cargo volumes to -17% versus August 2019. […]
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USMCA FAQ
The United States-Mexico-Canada Agreement (USMCA) replaced the North American Free Trade Agreement to drive mutually beneficial trade among the three countries. Thomas Insights answers some key questions about the agreement. Why is a North American trade deal so important? Mexico and Canada are the United States’ biggest export market, supporting 12 million American jobs and […]
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