The achingly slow progress of the U.K.'s divorce talks with the European Union could already be having a serious effect on suppliers on both sides of the English Channel, an industry body has warned.
In the past year, political shakeups around the world have added new layers of complexity to the already complex ocean supply chain. Within this, trade sanctions in particular have evolved dramatically in the last few months, and are putting greater pressure on companies to remain compliant.
UPS, and its subsidiary Coyote Logistics, have joined the Blockchain in Trucking Alliance (BiTA), throwing their considerable weight behind the development of blockchain technology standards and education for the freight industry.
Washington officials and major global companies increasingly worry about a new generation of deals that could give China a firmer grip on the technology of tomorrow.
Trade between China and countries along the Belt and Road reached a value of $786bn in the first three quarters of this year, up 15 percent on the same period last year.
The U.S. merchandise-trade deficit widened to a four-month high as imports rose for the first time since April, according to the Commerce Department. The report also showed inventories increased at wholesalers and fell at retailers.
Physical products are important, but one of the biggest stumbling blocks to a revised North American Free Trade Agreement could be something that you can't hold in your hands.
Calls are growing among conservative politicians for Britain to walk away from the deadlocked Brexit talks and prepare for the consequences of leaving Europe without a diplomatic agreement in place.