South Korean ocean liner Hanjin Shipping files for bankruptcy protection in a dozen countries; Few respondents to a GT Nexus survey say they have a chief supply chain officer on hand who would be equipped to deal with supply chain disruptions; Maersk splits its transportation and oil businesses
Companies make contingency plans to prepare for possible supply chain disruptions caused by port labor negotiations.
Supply chain leaders share the latest innovations, solutions, e-commerce strategies, and IT operations
While the speed with which the supply chain was disrupted by the coronavirus pandemic put supply chain weaknesses on display, it has also shined a light on where we need to strengthen our capabilities to mitigate future disruptions. Here are some areas the supply chain must address moving forward:
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.
As the supply chain faces factory closures and limited access to employees and logistics to move goods amid the COVID-19 outbreak, leaders can help ease disruption by focusing on their workforce, products, and costs, according to Gartner.
Take a look at each state's perspectives, guidelines, and deadlines as they make plans to reopen their local businesses and facilities amid the COVID-19 pandemic.
Importers can use these strategies to monitor potential risks to their supply chains, respond effectively when disruptions occur, and work proactively to avoid future disruptions.
The rewards in expanding to new markets can far outweigh the risks, especially if companies take smart steps to minimize and manage their exposure to risks.
For many U.S. manufacturers and distributors scouting new locations, inland ports are emerging as a commercially viable solution.
This is how manufacturers and retailers can map dependencies and minimize risk when facing supply chain disruptions like the new coronavirus pandemic.
China's first unmanned cargo ship completed its test voyage in December 2019, marking a significant milestone in autonomous shipping.
Smaller ports can often save time, lower costs, and provide superior customer service than larger coastal ports. Here are seven hidden advantages offered by ports off the beaten water path.
U.S. Great Lakes ports are on pace to beat 2018 cargo volumes following a robust September handling road salt, cement, stone, petroleum, and wind energy components, and supporting the region's construction activity and energy needs.
While the prospect of higher tariffs and the cost of requirements to use low-sulfur fuel pose concerns for the maritime industry, it’s forging ahead with bigger, more automated seaports, as well as technology that improves visibility, reduces its environmental impact, and streamlines operations.
The Florida Ports Council has entered into a Letter of Intent with the Coordination of Ports and Merchant Marine of Mexico to maintain relations that promote international commerce and economic development.
South Carolina Ports Authority has long been a powerful economic engine for South Carolina, and as container volumes have doubled over the past decade, the Port’s positive economic impact on the state has significantly increased.
Here's an overview of the current West Coast seaport environment and a snapshot look at how top ports are accommodating and embracing growth.
Southeast ports prepare for the worst as Hurricane Dorian inches toward the U.S.
Antonio Galvao, chief supply chain officer of DuBois Chemicals, recounts his history in global logistics and discusses what it takes to succeed.
The preparations made by Florida seaports allowed them to perform efficiently and safely before, during, and after Hurricane Irma.
Port Everglades' three low-profile Super Post Panamax container-handling gantry cranes will meet demands from current customers and new services anticipated from the port's expansion program.
Larger vessels and additional container services calling Georgia's ports coupled with a positive economic forecast ushered in an all-time record month for container volume.
Broward County's Port Everglades received unanimous approval from the Broward County Board of County Commissioners to begin a $437.5 million expansion project to add new berths for larger cargo ships and install crane rail infrastructure for new Super Post-Panamax cranes.
The public marine terminals of the Helen Delich Bentley Port of Baltimore got off to a fast start in 2017 by posting a record first quarter with 2.5 tons of general cargo.
Spring cargo numbers from the St. Lawrence Seaway and U.S. ports are signaling a better year for Great Lakes-Seaway shipping. According to the latest figures from the St. Lawrence Seaway, total cargo shipments via the Seaway from the start of the shipping season (March 20 through April 30) reached 3.7 million metric tons, up 8% from the same period a year ago.
South Carolina Ports Authority had its strongest April container volumes on record, with 189,315 twenty foot-equivalent units (TEUs) handled last month. In addition to being the strongest April in SCPA history, last month’s volumes were the second-highest ever handled by the Port.
Supply chains are heavily dependent on information technology (IT) systems, but are difficult to secure because they often involve multiple networks working together.
From location to infrastructure and from workforce to technology, Georgia sets the pace in the logistics race.
A North Carolina hospital improves patient care by prescribing a lean and healthy supply chain.
Readers reveal the issues that could disrupt the supply chain…as well as their sleep.
Inland ports provide shippers with new global trade strategies and relief from capacity issues facing North America’s deepwater container ports.
How prepared are companies for supply chain disruptions such as fire, a data breach, natural disaster or terrorism? Not as prepared as you’d think, considering what’s at stake.
As larger vessels make their way through the expanded section of the Panama Canal, experts weigh the influence of the canal’s new capacity on global shipping.
The expansion of the Panama Canal promises significant changes in trade patterns and increased global trade. Here are three ways companies can leverage this opportunity.
Here's why the Panama Canal expansion is set to spur a realignment in which eastern ports take on a new and larger role in the continental supply chain.
Having all supply chain players connected to an intelligent cargo system maximizes the use of port infrastructure and keeps everyone informed on the “where is my cargo?” question. Accessing and sharing information on cargo through new technologies will not only smooth flows but it will also secure them.
Supply chain fraud remains significantly under scrutinized within many companies. Use these tips to help handle supply chain fraud.
It is never too late to improve your safety operations. The changes you make today will reduce your liability exposure for an accident that happens tomorrow.
As professionals who understand the entire process of manufacturing, shipping, and marketing products, and who recognize that suppliers can be closely aligned with the company’s goals and objectives, chief procurement officers help define a company’s competitive advantage.
Effectively mitigate demurrage and detention fees by taking an integrated approach to logistics, contract management, and supply chain visibility using a global trade management system.
Shippers will be feeling the ripple effects of Hanjin Shipping’s bankruptcy for weeks or months to come. Here's how looking at a past disruption can inform strategies for this current backlog.
The September 2016 Intermodal EXPO provides the setting for a thoughtful discussion on the ocean shipping sector: its prospects and how it impacts the intermodal industry.
When shippers pair an import transport move with an export transport move inland, without returning empty to the port, they get a matchback or street-turn. Optimizing these street-turns can improve supply chains.
U.S.-Canada cross-border trade continues to be a mutually beneficial partnership between nations with a long history of friendship.
Denied party screening is of critical importance in shipping and international trade, and essential for minimizing business risk today.
Using an import express less-than-container service, particularly from China, offers cost savings and faster transit times over traditional consolidated LCL services.
The Panama Canal expansion, completed on June 26, 2016, will have an ever-widening impact on cargo flow across North America. Here's how the culmination of this decade-long expansion project will rewrite the rules of shipping.
These ports have utilized various initiatives to ensure the ultimate impact of sustainability outweighs its costs.
As the demand for supply chain efficiency and speed rises, companies are investing in intermodal rail infrastructure and repairs throughout the United States.
Profile of Jamie Overley, CEO of East Coast Warehouse and Distribution
The 2016 Allianz Risk Barometer identifies top 10 risks for global companies.
So how prepared is your business to withstand a crisis? Effective risk analysis and crisis preparation is an essential strategy.
This story follows the progress of an intermodal container during its three-day, round the clock trip from the Port of Los Angeles/Long Beach to a distribution center in Dallas.
Shippers unprepared for supply chain disruptions; China wants pirate hunting base in Horn of Africa; bringing cargo into Kenya; India ramps up transportation infrastructure development; air cargo carriers seek to cut costs without sacrificing growth; Amazon invests in India; China’s greenest supply chains; international shrimp supply chain linked to human trafficking and slavery; World Trade Organization rules to abolish agricultural subsidies; Mexico and U.S. sign liberalized air transport deal; global manufacturers shift production to Bangladesh, Thailand, Korea and Vietnam
Logistics has evolved into a strategic business concern, driving enterprises to seek third-party logistics (3PL) providers with multi-modal capabilities for complete end-to-end integration.
Due to the Panama Canal expansion, the country is quickly being crowned the business capital of Latin America.
It's important to stay up to date on supply chain and logistics developments. Here's a list of books on wide ranging topics.
Inbound Logistics dredges up data on the leading U.S. container hubs.
Waiting until next week, next month, or next year to address your company’s supply chain vulnerability is a serious mistake, with potentially catastrophic consequences. Use these tips to prepare for potential supply chain disruptions.
The pursuit of perfection may seem an impossible goal. But, with the right combination of key elements, four regions in the United States have achieved logistics greatness.
Railroads, ocean carriers, and ports are investing in new equipment and technology innovation to move freight from trucks to rails and attract intermodal shippers.
Supply chain continuity planning is critical for global businesses. Armed with an end-to-end digital model of their supply chains, shippers can react rapidly and intelligently when unplanned events occur.
An on-board video solution helps fleet managers review driver performance and improve fleet safety.
Latin American perishable exports have grown dramatically in recent years, but there are still some logistical shortcomings preventing maximum cold chain efficiency.
The shortage of qualified drivers threatens the continued growth of the intermodal industry.
Freight damage, loss, and theft will always occur. Planning for those inevitabilities is key to prevention and faster claims settlement.
Automatic Identification System (AIS) can provide analytics that enable companies to more accurately predict ship arrival times.
When downtime impacts a company’s line, outsourcing technology infrastructure to a third party might help.
Port of Hamburg unveils new traffic light system; CEVA Logistics TireCity in Italy demonstrates interest in sector-specific supply chain collaboration; China debuts longest freight rail route in the world; TPP agreement raises concerns about traceability in the seafood supply chain; Africa capital investment heats up; New G6 Alliance rotation features Polish port; Indian 3PL uses containers as mobile logistics classrooms; Intel eyes Asia for IoT ecosystem.
The Panama Canal expansion will provide many businesses with opportunities for growth on a global scale.
Having a Master Plan in place at your port makes operations more efficient, and makes the port more attractive to prospective partners.
Short-term Highway Trust Fund extension renews call for national transportation strategy; Medical cost inflation and cyber risk are the most prying business concerns; Ports of Los Angeles and Long Beach create shared working groups to explore operational efficiencies; GS1 Simple Product Listing creates new standard for e-commerce marketplace
Martin Associates report points to the importance of continuing U.S. port investment; Henry Ford College introduces associates degree in supply chain management; Freight Can't Wait program encourages Congress to earmark funding exclusively for freight infrastructure projects; Manufacturers are finding better ways to engineer and prototype products using 3D printing technology; McDonald's pledges to lessen impact on global deforestation throughout its entire supply chain.
Enabling a holistic, integrated approach to managing global supplier risks allows companies to minimize risks, protect brand integrity, and reduce supply chain costs.
It is essential to have damage prevention measures in place for racking systems to avoid employee injury and minimize loss.
United States and Canada are investing $7 billion in the Great Lakes-St. Lawrence system; Changing political relations between the United States and Cuba could signal new trade opportunities; UK faces a truck driver shortage among younger people; Panama approves new port development
Before entering the international trade arena, shippers must understand the stakes involved in regulatory compliance.
Managing supply chain risk means recognizing that things won’t always go according to plan, and having the right infrastructure in place to succeed even through the unexpected.
Facing a number of challenges and constraints, the global port industry is addressing concerns and capitalizing on new opportunities.
This article looks at issues that companies should consider when developing a more resilient supply chain.
Carriers need to be ready to keep freight moving no matter what gets in the way.
With the holiday season in full swing, logistics managers must be able to rely on their vendors to perform.
United Kingdom establishes national training center for fracking; China and Jamaica team up on logistics training initiatives; UK port constraints push freight flows north; Middle East air cargo carriers show robust growth
As the Panama Canal expansion nears completion, several trends and trade dynamics will determine the impact on U.S. shippers and consignees.
All companies should incorporate a business continuity plan into their operation so they are never unprepared for a disruption.
North Korea,South Korea,and Russia team up to test new trade partnership,GS1 global registry sets new standard with 15 million products,Middle East airports face growing congestion problem,Puerto Rico makes Panama Canal transshipment play with Port of the Americas project,Britain introduces supply chain slavery bill.
UPS makes major improvements to save Christmas; PANYNJ invests $5.5 billion to streamline port operations
As intermodal grows, so do its challenges. Increasing cargo volumes create bottlenecks and congestion; while the capacity shortage has everyone scrambling. How are shippers and service providers coping? This article helps solve the dilemma.
Creative use of intermodal and multimodal options enables cost-effective transportation, boosts capacity, and reduces highway congestion delays.
Determining the best location for a new or expanding business in an increasingly competitive and global marketplace is challenging. These locations offer a number of advantages when it comes to meeting today’s logistics and supply chain needs.
OSHA issues updates to its Hazard Communication Standard; HP’s Dave Thomas addresses the importance of data quality; Ohio Trucking Association debuts military exhibition class at truck driving competition; Companies fail to use procurement in a strategic way; Shippers planning ahead for labor disruptions.
Plan now to avoid supply chain disruptions from the latest Icelandic volcano eruption; Australia struggles with home delivery challenges; EU and China sign landmark customs agreement.
Google and Barnes & Noble partner to provide same-day book delivery; Shippers prioritize day-to-day problem-solving over contingency planning; APICS and SCC merge; Transplace identifies four areas key to preferred shipper status
DB Schenker tests silent brake blocks; India changes policy for e-commerce foreign investment; Canada opens Customs Self Assessment preferences to U.S. shippers; Global steamship lines raise rates; European ports struggle with congestion and larger ships
Properly prepare shipments and test packaging to prevent product damage and returns.
Partnering with an expert can help retailers ensure they comply with hazardous waste regulations.
Companies must not only mitigate supply chain risk, but also understand the logistics of global recall management.
Port of Los Angeles targets $3 billion for infrastructure investment; Montreal-based Fednav uses drones to scout shipping conditions; U.S. manufacturing renaissance faces a skilled labor shortage; Apple tops Gartner’s Top 25 Supply Chain list for the seventh consecutive year.
Supply chain contingency planning can help automotive manufacturers protect their operations.
Clear transportation management strategy and technologies allow companies to deliver superior service at lower cost.
Ax Torres supervises outbound shipping at agricultural machinery company AGCO Corporation.
New Jersey’s salty tale misplaces blame on the Jones Act; UPS unveils new hazmat shipping protocol; Automakers collaborate to map the auto supply chain
Georgia offers manufacturers and distributors superior access to logistics providers and transportation infrastructure.
China and Taiwan depend on one another; Emirates targets multimodal transportation infrastructure investment; Chile port strike ends, concerns remain; Free online returns stoke Canadian consumption but place onus on U.S. retailers; Europe looks to United States for re-shoring inspiration; Mondelez debuts new GS1 standard
Rapid changes in the chassis market mean shippers must ensure they are creating value from the chassis they use.
Collaborative risk management helps automakers and their supply chain partners protect against disruptions.
Shippers protect against supply chain disruptions with physical, analytical, and financial risk mitigation strategies.
Foreign Trade Zones can help global shippers cut operational costs and speed customs clearance for imports and exports.
Supply chains must develop strategies for reducing risk related to climate change, such as drought and extreme weather.
Actionable tips help you revitalize your warehousing, 3PL, trucking, and global logistics operations.
Global dry-bulk commodity trade reveals rate growth, steadying inflation in China; Preparations for 2022 World Cup trigger DC explosion in Qatar; Supplier risk analysis will become more complex as companies expand into new global markets; Pakistani protests force U.S. military drawdown to consider $1 billion airfreight alternative; Asia truck bans taking toll on logistics industry; Africa’s piracy problem shifting to continent’s west coast; Trans-Pacific Partnership pact stalls, 2014 ratification expected; China’s Nicaraguan Canal stirs intrigue; Tesco acquires stake in “Asia’s Amazon”
Cloud-based predictive analytics increasingly available to more companies of all sizes; RFID market set for robust growth by 2020; supply chain risk mitigation should be priority for all companies; key trends driving change for enterprises and government in 2014
Ocean shipping lines have made significant progress to optimize operations, leading to reduced costs and environmental impact.
Inbound Logistics recently joined Flanders Investment & Trade on a tour of Belgium’s ports and distribution facilities.
When supply chain disruptions occur, logistics managers must use leadership skills to maintain operations.
Collaborate with suppliers to manage supply chain risks with the highest potential to occur and risk of business impact.
Investing in port infrastructure allows long-term job creation so the U.S. can lead in international trade and commerce.
C-TPAT certification lets businesses support national security and improve their own supply chain operations.
Shifting manufacturing operations in Asia back to North America provides companies more control of their supply chains, says Steve Sensing of Ryder Supply Chain Solutions.
Technology management can affect warehouse operations’ connectivity during and after a power outage. Whether the facility’s warehouse management system (WMS) is installed on-site, delivered via a Software-as-a-Service (SaaS) program, or hosted in the cloud can have a huge impact on maintaining productivity, writes John Sterling of Foxfire Software.
Supply chain management experience is vital to corporate risk management planning, write Carlos Alvarenga of Accenture.
The ability to minimize supply chain risk and prevent disruptions depends on strong supplier relationships and well-developed contingency plans, says Chris Cameron of Elemica.
Transloading shipments allows shippers to reduce touches and costs, and create greater flexibility to respond to changing demand in global shipments.
The Panama Canal expansion, to be completed in 2015, will impact global commerce and affect trade patterns to the U.S. East Coast. Ports such as PortMiami are preparing themselves to accept the new class of mega cargo ships, says Bill Johnson of PortMiami.
Lorcan Sheehan of ModusLink discusses some of the lessons businesses have learned that help mitigate supply chain risk during the peak season.
Planning for exceptions can help shippers prevent supply chain disruptions in the wake of a natural disaster.
Successfully moving freight into challenging areas requires an abundance of preparation and due diligence, test runs, and contingency plans to make sure moves happen without a hitch.
When supply chain disruptions arise, shippers need to react quickly—without incurring undue costs—to keep production in line with demand.
Logistics professionals and companies should adopt and continuously update a risk-based export compliance program to minimize facilitation risk, writes Michael E. Burke of Arnall Golden Gregor.
Supply chain visibility helps flag upcoming supply or demand problems, allowing a company either to take action to prevent disasters or to respond by activating backup plans, writes George W. Prest of Material Handling Industry of America.
Risk management strategies must address the everyday sources of supply chain disruption, and managers must incorporate the identification of potential supply chain risk into their daily practices, writes Mark Humphlett, Infor.
Ports must take a proactive role in managing the supply chain so it runs as efficiently as possible, writes Kevin Doherty of Montreal Gateway Terminals Partnership.
Looking out to 2015, anticipation is swirling about the Panama Canal's expansion and impact on U.S. trade. Among southeastern ports and shippers, that wave of anticipation has already made landfall.
Multinational corporations are gambling on the Latin American market's growth potential. But meeting the region's supply chain challenges requires an understanding of local markets, strategic planning, and strong partnerships.
Supply chain disruptions become more manageable when shippers have supply chain technology that provides shipment visibility, writes Henry Hicks, Progress Software.
Shippers can avoid load board scams by taking the time to research the companies with which they do business, writes Jeff Vielhaber, TTS.
Managing risk in the supply chain requires that shippers address issues such as product safety, environmental concerns, labor management, and social responsibility.
Retailers can implement technology and processes to increase traceability and gain greater visibility into their supply chain, which helps track and retrieve products in the event of a product recall, writes Brendan Lowe, Aldata Solution.
The logistics sector is using new approaches, mandates, and technologies to support global supply chain security.
Demand for industrial real estate near U.S. seaports is outpacing demand for industrial sites in general. Whether it actively buys and develops land or simply improves its own facilities to draw more interest, port authorities are crucial partners in regional economic development initiatives.
Well-defined business practices, thorough contracts, physical security, and active planning, help mitigate supply chain risk.
U.S. 9th Circuit Court of Appeals rules against Port of LA; Florida Inland Port signs MOU with Jacksonville Port Authority; Parcel shippers primed for change; Proposed FTZ rules changes threaten U.S. manufacturing.
Carriers, port authorities, and other service providers are working to keep intermodal going strong. Here’s a look at some of the newest developments in intermodal transportation around North America.
Dr. Jeff Karrenbauer of supply chain solutions provider INSIGHT offers tips for protecting against supply chain disruption.
Curt Shewchuck, chief security officer, Con-way Freight discusses how the carrier's security protocols helped avert a terrorist threat.
Most ports today compete globally with one another and reflect tremendous productivity gains in ocean transport achieved in recent decades. Simon Kaye of Jaguar Freight offers tips on choosing a port with electronic and data processing sophistication.
Barry Tarnef, senior loss control specialist for Chubb Marine Underwriters, outlines strategies for reducing risk when shipping large machinery.
The Federal Motor Carrier Safety Administration's Roadability Rule has shifted responsibility for obtaining and maintaining chassis to shippers and drayage companies.
As you enter into new global business relationships, you can protect yourself from unnecessary penalties by knowing your customer.
Danny Halim of JDA Software offers strategies for minimizing risk in the global supply chain.
David Bennett of Schneider Logistics addresses how shippers, ocean carriers, and trucking companies are struggling with responsibility for providing chassis for cargo container units at ports; Boeing appoints new VP to handle 787 Dreamliner delays; companies restructure outsourced technology contracts.
Heineken implements inland barge distribution in Europe; CMA CGM, MSC, and Maersk Line partner to fight piracy; PepsiCo UK and Ireland help farm suppliers cut carbon emissions and water usage; New Dubai Logistics Corridor facilitates UAE trade; Japanese economy shows signs of rebound; Taiwan launches project to improve logistics performance.
Geography, transportation infrastructure, and a strong distribution sector make Memphis a natural logistics hub.
Chandler Hall of BravoSolution explains how to reduce the frequency and severity of disruptions by fostering collaborative relationships with your suppliers.
Increased regulation in the form of CSA 2010 affects not only truckers, but also freight brokers providing insurance, according to Mike Williams, chief operating officer, Sunteck Transport Group.
News briefs: U.S. Ports Dig Panama Gold, Reducing the Carton Footprint, SaaS to the Rescue, BNSF Brings Shortlines On Line, Truckers Tackle Credit Crunch
Gulf ports maintain container volumes despite Deepwater Horizon oil spill; Supply chain leaders climb the corporate ladder; Toyota Material Handling engineers work with MIT scientists and the U.S. Army to develop a remote-operated fork lift
Faced with transportation interruptions caused by the April 2010 eruption of an Icelandic volcano, European express carriers TNT and DHL activated contingency plans; LCD television manufacturers control spending by bringing production in-house; Inventory-in-sales ratios rise across the supply chain; Wholesaler Arrow Electronics acquires reverse logistics companies; Google helps consumers match demand to in-store supply
Robert L. Sobel of Cook, Hall, and Hyde outlines how shippers can benefit from trade disruption insurance.
Inbound Logistics Senior Writer Joseph O'Reilly visits New Jersey's Port Elizabeth, one of the East Coast's busiest intermodal ports.
C. Daniel Negron of TT Club offers guidance for making sure your supply chain is properly insured.
Digital tools that confirm a person's health status can create safe work environments while also protecting personal privacy as businesses and supply chains recover from the COVID-19 disruption.
With the daunting task of navigating the rapidly changing global trade landscape, where should shippers begin? Actionable global trade data is your lifeline for supply chain resilience. Global trade intelligence solutions can help businesses swiftly find alternative suppliers in a concise three-step process: Identify potential sources, analyze costs, and vet potential trading partners.
To maximize your decision to act, adapt a solution to the company’s processes or adapt the company’s processes to the solution.
Rather than wait for the next man-caused disruption or pandemic, smart business managers are extracting knowledge from a forensic investigation of their operations based on COVID-19 stress and kicking bad practices to the curb.
The COVID-19 pandemic has shown the shortcomings of a supply chain that is perhaps too lean. However, to be “lean” doesn’t mean keeping extremely low inventory levels with no coordination or backup plan.
With dynamic updates on missed transits, rollovers, arrival notification, and port congestion during COVID-19, shippers can make decisions proactively and avoid inefficient costs due to detention and demurrage, expedited freight, and buffer stock.
Supply chain management may have changed forever as COVID-19 brings heightened awareness to its fragility. With careful planning, shippers can minimize risks related to the pandemic.
With the right risk-management plan, shippers can better understand the risks facing their supply chain operations and make sure their business is prepared by protecting the value of goods shipped globally.
With more and more brick-and-mortar shops temporarily closing their doors due to the COVID-19 pandemic, there’s immense pressure on retailers to deliver much-needed supplies to individuals at home. The Internet of Things (IoT) can help mitigate this risk and ensure supply chains operate as swiftly as possible.
Logistics providers in Alaska are on top of the world, literally and figuratively. They are a special breed prepared for every challenge the Last Frontier poses.
The power of centralized organizations must harness and unleash the strengths of decentralized communities to help beat COVID-19. Thousands of supply chain professionals, educators, and inventors have joined The Worldwide Supply Chain Federation (TWSCF) to rethink and change how supply chain operates in 2020 and beyond.
Stabilizing core business operations, managing risk, and taking steps to perfect and enforce rights under existing agreements should be key priorities in your company’s response to COVID-19. Here are four strategies for supply chain professionals, in-house counsel, and risk managers to keep in mind.
Visit these links for helpful information and official guidance related to the COVID-19 outbreak.
Preparation is the key to getting any business or community back on track after a natural disaster, and when it comes to hurricane preparation, the old adage that “failing to prepare is preparing to fail” rings very true.
Consider all potential disruptions and ways to design your supply chain to keep it operational in the face of foreseeable and unforeseeable challenges.
Southeast ports prepare for the worst as Hurricane Dorian inches toward the U.S.
The Port of Wilmington, Delaware, has set a record for the largest single shipment of fresh Moroccan citrus received by the port, with more than 1.75 million boxes of cargo.
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.
U.S. Great Lakes ports and the St. Lawrence Seaway had one of their busiest months of the season in October. Overall cargo shipments via the St. Lawrence Seaway totaled 30.5 million metric tons, up four percent over the same period in 2017.
MAERSK SHANGHAI, a 10,081 TEU container ship, the largest to ever call a Florida deep-water port was at PortMiami.
Make sure issues that can disrupt your supply chain are limited and infrequent. Here are several predictable and unpredictable risks that you should plan for:
In a globalized economy where finalized products have components manufactured all over the world, effective management of supply chains is critical. Adopt these habits to reduce and mitigate risks faced by supply chain parties.
Companies are looking for ways to manage more efficiently with less—while reallocating resources to more productive activities and maximizing freight spend value. Logistics operations are a great place to start as even the smallest percentage savings could mean triple digit impact to bottom lines.
Shipping volumes demonstrate the resilience of companies and their ability to produce essential products during disruption, and highlight the important role transportation plays
It's more important than ever for transportation and logistics companies to have an effective mobility strategy in place. Shippers can adjust their existing protocols with COVID-19-related policies by implementing these technologies and practices.
COVID-19 has created unprecedented challenges for supply chain and logistics management, and the pressure is on to deliver essential supplies, such as toilet paper and food, to consumers on time. Successfully delivering a product on time involves many factors, and labeling shipments correctly is one of them.
With tight production and shipping windows, finished goods importers are especially vulnerable when unexpected disruptions take place. These suggestions can help U.S. importers through what is shaping up to be a trying 2020.
When dealing with high-risk global events like COVID-19, manufacturers should first pay attention to the supply side, such as inventory, alternative energy, or shipping, and mitigate the impact of high-risk disruptions.
Real-time technology can help shippers keep abreast of high-impact incidents around the world and provide extra time and context to activate their supply chain risk mitigation strategies.
Partnering with a 3PL does much more than free up time to focus on core competencies—it offers a buffer between the shipper and the ever-shifting challenges of the logistics realm.
No supply chain is immune from risk, and the farther a company's supply chain traverses the globe, the more opportunity for things to go awry.
U.S. port authorities identify more than $20 billion in projected multimodal port and rail access needs over the next decade, while one-third cite pressing rail project needs costing at least $50 million for each of their ports, according to a new American Association of Port Authorities (AAPA) survey, The State of Freight III.
Cargo theft continues to be a challenge to shippers, totaling an estimated $145 million in losses each year in North America. Use these tips to keep your cargo safe.
The nation’s ports are testing technologies and investing in infrastructure improvements to adapt to a world where the ultimate consumer increasingly embraces Amazon-like expectations.
Despite trade tensions, port business in the United States and Asia is booming, reports the latest Global Kuehne + Nagel Indicators (gKNi).
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.
Port of Rotterdam and IBM develop the model port of the future.
Georgia Ports Authority outlines ambitious growth plans.
The 2017 hurricane season serves as a risk management wake-up call.
High-performing supply chain organizations are differentiated on how well they respond to the unexpected.
Panama Canal welcomes largest capacity container vessel to date through expanded locks; latest research shows a drop in international retailers offering free returns; The global forecast for the refrigerated transport market through 2022; what does the future of marine technology hold
The big ships are here. At 1,200 feet long and 158 feet wide, the containership COSCO Development is the biggest containership to call The Port of Virginia and the U.S. East Coast.
Seaports are a vital economic engine for the United States and a huge driver of demand for industrial real estate. Imports represented 63 percent of the total loaded cargo volume in 2017 for the top 13 ports in the United States.
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.
Global trade disruptions come in all shapes and sizes, and can wreak havoc on supply chains. Find out what proactive strategies and tactics leading companies are using to tackle the escalating challenge of supply chain risk management.
Having a global supply chain risk management strategy in place can not only increase value to your customers but also reduce your costs and increase performance.
Florida's state-of-the-art seaports and airports, and strong highway and rail networks, have helped establish a strong and growing logistics sector.
The Panama Canal welcomed its 5,000th Neopanamax vessel through the waterway, reaffirming the value and impact the route has had on global maritime trade.
A robust economy and capital investments help buoy record cargo volumes.
Five trends shaping the maritime industry will also impact shippers: carrier consolidation and alliances, the increasing sizes of ships, ports that have become chokepoints, advancing technology, and increasing concerns about the environmental impact of shipping.
Terminal operations today leverage highly integrated systems—from vehicle/fleet management, remote crane management, terminal operating systems, gate operation, position detection, and many others. So, how do we make this integration work better? The short answer—simplify and standardize.