The volatility of global spot freight rates since the start of 2015 has continued to increase in comparison to 2014, according to rate assessments on 11 routes gathered by the World Container Index (WCI). Price turbulence on the globally important Asia-to-Europe routes has been particularly high in 2015 with monthly volatility increasing 43 percent on average in comparison to 2014.
Steve Lovejoy, senior vice president for the Starbucks global supply chain, discusses initiatives that the company has under way to meet the "whenever, wherever" demands of today's consumers as well as projects aimed at understanding the consumer of tomorrow.
Just as southern California is the nation's top magnet for containerized cargo, so is the Gulf Coast the most attractive hub for movements of petrochemicals. Led by Houston and New Orleans, petrochemical activity is thriving due in no small part to growth in refining activity and an abundance of cheap natural gas.
Today's workforce consists of Baby Boomers hanging on to their jobs, Gen Xers growing impatient to move up, and Millennials expecting to leapfrog their way to the top. Generations expert Hannah Ubl of BridgeWorks offers tips for leaders who must manage this potentially combustible mix.
TBB Global Logistics, a provider of outsourced businesses processes for supply-chain management, has joined the BDO Alliance USA, a nationwide association of independently owned local and regional accounting, consulting and service firms.
Consumer demand for next-day deliveries adds another level of complexity and higher costs to logistics management, says Alex Pace, logistics coordinator at the Green Design Center. Pace explains how the Green Design Center manages its many LTL shipments to individual consumers and dealers.
The latest news, analysis, services and systems regarding global logistics and freight and their impact on global supply chains. Today’s companies are transporting and delivering perishables and manufactured goods faster and farther around the world than ever before through global logistics solutions. New technologies that provide information during 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 global logistics solutions to power their supply chains.
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