Overall, 2017 was a good year for the ocean shipping industry. Operating margins for most carriers improved, driven by robust demand, positive inventory developments and higher rate levels.
A law banning slave-made goods from entering the United States has failed, lawmakers and advocates said, as they push border authorities to step up inspections of suspicious shipments.
Surge pricing, where the value of a particular item or a service increases according to demand, may soon be coming to logistics - and bringing green benefits in multiple ways.
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.
Container shipping is emerging from a painful six-year slump, but a glut of tonnage that will hit the water over the next two years threatens to derail the nascent recovery.
The latest news, analysis, services and systems regarding freight forwarding and customs brokerage and their impact on global supply chains. Today’s companies are transporting and delivering goods to more global customers than ever before using freight forwarding and customs brokerage solutions that manage international business logistics and customs clearance. As these services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using freight forwarding and customs brokerage solutions to power their supply chains.
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