The U.S. intends to initiate a new economic framework for the Indo-Pacific in 2022, Commerce Secretary Gina Raimondo said, as the Biden administration aims to reinvigorate America’s standing in the region.
Ocean freight rates, which have pummeled retailers and manufacturers throughout 2021, may take more than two years to return to normal levels if past market cycles are any guide.
Raul Alfonso, chief commercial officer with Port Tampa Bay, discusses how the pandemic and surge in consumer buying have motivated international shippers to seek alternative gateways, in order to avoid congestion at major port complexes.
Few tools of the global economy have survived without major innovations as long as the shipping container. The supply ructions around the world are presenting an opportunity to test that incumbency.
More than 10 months after U.S. regulators first authorized its potent shot, Moderna is finding that inventing a COVID-19 vaccine was actually a relatively straightforward task compared with what would come next: ramping up vial-filling operations on multiple continents and distributing the vaccine to countries around the world in the middle of a devastating pandemic.
The pileup is the latest logistical knot in global supply chains, with satellite shipping data allowing for real-time monitoring of port issues globally.
Shippers around the world are scrambling to keep up with surging freight costs, and the logistics organizations that support them are being challenged in unforeseen ways.
Shay Scott, executive director of the Global Supply Chain Institute, and professor in the University of Tennessee’s Master of Science in Supply Chain Management online program, weighs the factors that might influence American manufacturers to reshore production from Asia to the U.S.
Global ports are growing more gridlocked as the pandemic era’s supply shocks intensify, threatening to spoil the holiday shopping season, erode corporate profits and drive up consumer prices.
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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