Rob Handfield, Bank of America Professor of Supply Chain Management with the Supply Chain Resource Cooperative in the Poole College of Management at North Carolina State University, discusses the reasons behind the current worldwide shortage of ocean containers, and what carriers and manufacturers must do to solve it.
Ship congestion outside the busiest U.S. gateway for trade with Asia persisted over the past week as imports surged through March, usually one of the slower months of the year for container volumes.
Stubbornly high shipping expenses for businesses are getting sealed into contracts for the next 12 months, forcing companies to pass the extra costs on to consumers.
President Biden’s proposed infrastructure bill calls for $571 billion in additional transportation spending over current federal levels, and $50 billion to make infrastructure more resilient to climate change.
A look at the possible implications of President Biden’s order to review critical supply chains on the United States’ relations with its trading partners, with Jeff Weiss, partner and co-chair of the International Trade Policy Practice, and leader of the Supply Chain Team, of Steptoe & Johnson LLP.
FourKites, a provider of real-time supply chain visibility solutions, recently announced its acquisition of Haven, Inc., and the introduction of Dynamic OceanSM, an end-to-end visibility solution for international ocean shipments.
Kamala Raman, senior director analyst with Gartner, explains the reasoning behind President Biden’s initial choice of four critical supply chains to address in a 100-day review.
The latest news, analysis, services and systems regarding ocean transportation and its impact on global supply chains. Today’s companies are transporting and delivering container shipments in a more efficient manner than ever before using new services and technologies that provide information en route - allowing them to stay ahead of the competition in their industries. As ocean cargo services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using ocean shipping solutions to power their supply chains.
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