Remember when words like "globalization" seemed to be enough to drive some folks into the streets in protest? Surely, most of us have accepted that business is the way of the world. That's especially true when it is almost as easy to do trade with someone halfway around the globe as it is halfway across town. Just look at how interwoven we are in world commerce.
A maritime attack from Al-Qaeda or other affiliate terrorist groups is now increasingly likely, maritime security firm Gulf of Aden Group Transits (GoAGT) has warned.
Following negative numbers in four of the last five months, import volume at the nation's major retail container ports is expected to grow 1.7 percent in August over the same month last year and should continue to see gains through the holiday season and the remainder of 2013, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates. The year is expected to end with a 2.4-percent increase over 2012.
Third-party logistics companies with experience in Mexico and strong partnerships with leading Mexican carriers and customs brokers can make cross-border shipping a truly seamless activity, says Dennis McCaffrey of XPO Logistics.
Having completed 16 acquisitions of small logistics companies in the past seven years, Echo Global Logistics knows something about successful takeover strategies. CEO Doug Waggoner talks about the company's growth-through-acquisition initiatives.
A new reform-minded government, a stable economy and sound infrastructure are among the factors combining to make Mexico a good market for logistics operations, says Eric Markeset, who is based in Mexico City as principal of consulting firm Tsol.
As merged channels (also known as omnichannel) become the default for an increasing number of retailers, the challenge of efficiently handling the supply chain and managing inventory becomes exponentially more complex.