If the situation escalates, the car companies or their direct suppliers may have to support smaller companies in the supply chain to protect their production plans.
Near-shoring operations shouldn't be done lightly, but only after looking internally at business goals and externally at the market to make an informed decision.
OOCL Logistics customers will be able to apply for financing through the PODIUM platform, meaning suppliers can now receive funding less than 72 hours after shipping out a product.
The feature can determine a price range for logistics services based on numerous variables including types of transportation, equipment, demand and competition.
U.S. government policies including tariffs were aimed at decoupling the American and Chinese economies. But Chinese firms appear to be finding ways to mitigate the impact.
Over 64% of businesses believe they can increase their productivity by using AI, making it imperative for organizations to embrace this form of technology.
Beyond physical expansion, the projects will also focus on implementing new technology and adopting updated terminal operating systems, including automation, at each port.
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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