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.
In the coming years, the global shipping industry is expected to decline by five percent to 10 percent, according to Global Shipping Industry 2013 - Forecast, Trends and Opportunities, a report from Taiyou Research.
Logistics complexity - in the form of fragmented channels, increased product variations, and consumer demand for customized solutions - has been increasing, according to a global study published by BVL International, a worldwide supply chain and logistics membership organization.
Retail has an $800bn problem, according to research firm IHL Group. That is the collective cost of inventory distortion in out-of-stocks and overstocks among retailers today, and it could increase same-store sales by 9.2 percent if completely fixed.
The latest news, analysis, services and systems regarding logistics and freight and their impact on global supply chains. Today’s companies are transporting and delivering perishables and manufactured goods in a more timely and efficient manner than ever before through logistics solutions. New technologies that provide information during local and global shipments are transforming the way companies do business - and allowing them to stay ahead of the competition in their industries. As transportation and distribution services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using logistics and cargo solutions to power their supply chains.
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