Analyst Insight: Industry disruptions - whether caused by economic strife, weather events, or labor disputes - seem to be becoming more common, and they are prompting many executives to rethink the design of their global supply chains. For years many companies have invested in solid-state supply chains built for cost efficiency. The problem is that these are premised on very defined paths-to-market that lack resiliency and make them susceptible to disruption. - Glen Goldbach and Ryan Hawk, principals, PwC
China's exporting slowdown weighed heavily on U.S. seaborne trade last month, dragging down inbound volumes at major gateways from Southern California to Virginia.
Analyst Insight: Global trade compliance remains a topic that most C-level executives successfully ignore. This should not be regarded as an accomplishment but as a serious corporate deficiency that will affect a company's bottom line and its ability to compete on a global basis. Ignorance of global trade compliance is no longer an option. – Beth Pride, president, BPE Global
Kewill and LeanLogistics have announced their rebranding as BluJay Solutions, and, in conjunction, have unveiled the BluJay Global Trade Network - a model that goes beyond automation to help organizations harness the full power of the global supply chain ecosystem.
Britain's car industry may never be able to boost the level of local content to over half in its cars to meet the standards set in some bilateral trade agreements, the chief executive of the country's biggest carmaker Jaguar Land Rover told Reuters.
The U.S. chalked up its largest trade deficit since March 2012 as a jump in merchandise imports in January exceeded a smaller gain in shipments overseas.
Asian factories extended a global manufacturing revival as activity picked up steam in February, though the outlook for many of the region's export-reliant economies remained uncertain in the wake of U.S. President Donald Trump's protectionist stance.
Nissan has called on the U.K. government to invest millions in attracting car part manufacturers or risk a "house of cards" collapse in the industry post-Brexit.
These are unsettling times for global business leaders. And nothing makes them more nervous than the issue of access to working capital and liquidity for growth.