Yes, we've seen some significant job losses in that area - but free-trade deals aren't the main reason. And American manufacturing output is stronger today than it has ever been, according to economists.
Shippers who have experienced disruptions in their international freight shipments know that ocean transportation, inland rail and intermodal are highly complex, maybe overly so. In any event, complexity in global freight transportation is the new normal. Adrienne Bailey, chief strategy officer for Yusen Logistics (Americas) Inc., took a moment to speak with SupplyChainBrain editors about that situation.
It only makes sense that The 3M Company, with a business model resting almost entirely upon technology, would eventually get around to deploying it as a tool for realizing new operating efficiencies, while meeting rising customer demands for service.
In the e-commerce market, smart money remains in cross-border trade - but American businesses are largely missing out, according to tandem reports by UPS.
As the Trump administration prepares to begin renegotiating NAFTA as early as August, executives of companies with global trade ties are lobbying the president to modernize rather than overhaul the agreement.
India's ban on the trade of cattle for slaughter threatens $4bn in annual beef exports and millions of jobs if the government does not revoke the stoppage decreed last month, according to two industry officials.