Donald Trump promised Americans that they would be exhausted from "winning" on trade under his presidency. But nearly seven months after Trump took office, the industries he vowed to protect have become tired of something else: waiting.
Hong Kong-based company 300cubits is aiming to partially replace U.S. dollars in the container shipping industry with tokens soon to be launched on Ethereum - an open-source, public, blockchain-based platform.
Dubai's new freight hub is now handling about a third of the emirate's air freight, as both regional airports posted middling first half numbers, reflecting a regional downturn.
It's a classic chicken-and-egg dilemma. Small and medium-sized companies can't get access to the trade financing they need in order to grow - because they're small.
Amazon.com is under federal investigation for possibly violating U.S. sanctions on Iran, the online giant said in a recent filing with the Securities and Exchange Commission.
While the on-demand economy has led to many brick-and-mortar stores declining, NXP Semiconductors reports that omnichannel services continue to grow. Smart supply chain management with advanced tracking and monitoring capabilities enabled by RAIN RFID support both short- and extended-range communication, NXP reports, and are empowering retailers to address a multitude of new use cases.
Customs checks at the border after the U.K. leaves the European Union could cost 1bn pounds ($1.3bn) a year and cause delays for goods being shipped in both directions, according to a report by Oxera, an economic consultancy.
