An agreement between Mexico and the United States, scheduled to become effective by Jan. 1, 2016, would remove all limits on the number of airlines that can provide passenger or cargo service between destinations in both countries. If enacted, the new policy would allow new carriers to enter the market, while carriers already in the market would have the freedom to fly to new cities.
Having a visual map that overlays a company's key facilities, suppliers and lanes with actual or potential risks helps enable faster reaction to supply chain disruptions, says Chris Kushmaul, director of supply chain solutions at IDV Solutions.
The Amazon effect is raising consumer expectations for delivery services - expectations that logistics providers are struggling to meet without degrading margins, says Robert Lieb, supply chain management professor at Northeastern University. Lieb discusses this and other trends revealed in the annual survey of global 3PL CEOs.
The biggest barrier to innovation in global supply chains is the inability of companies to identify and then quickly react to opportunities, says Corey Rhodes, vice president-Americas at Amber Road. He discusses the reasons behind these shortcomings and steps to remedy them.
Movement across borders is as simple as getting in a car or on a plane. It's a seamless, simple experience to which most people devote little thought. For both merchants and consumers, however, the path to online and offline purchasing across borders is still a bumpy one.
South Korea and China agreed on a bilateral free trade agreement (FTA) that is expected to create the largest economic bloc in Asia. Once implemented, the Korea-China FTA will significantly boost bilateral trade between China, the world's second-largest economy, and South Korea, the fourth-largest in Asia.
China will contribute $40bn to set up a Silk Road infrastructure fund to boost connectivity across Asia, President Xi Jinping announced on Saturday, the latest Chinese project to spread the largesse of its own economic growth.
Even in the worst-case scenario, there will be a rising demand for freighter aircraft over the next 20 years, according to the most recent forecast by Seattle's Air Cargo Management Group (ACMG).
U.S.-based executives at large companies remain bullish on American manufacturing, and their actions are starting to show it, according to new research by The Boston Consulting Group (BCG).