Global Trade Management

Cargo Trade Faces Life in the Slow Lane After Brexit

May 29, 2018

After the Pride of York ferry sailed into the Belgian port of Zeebrugge from Hull in the U.K. earlier this month, dozens of cargo containers were offloaded and whisked away on trucks. The hundreds of passengers weren’t as lucky: They had to line up for border checks.

Maersk to Cut Services as It Battles Shipping Glut

May 24, 2018

The Wall Street Journal

A.P. Moller-Maersk said it would cut back on capacity to combat falling freight rates and rising fuel costs, after the Danish shipping giant reported a weak first quarter that sent its shares down about 8 percent.

Trump’s Next Round of Trade Limits Could Hurt the U.S. Tech Industry He Wants to Help

May 24, 2018

The Washington Post

Housed in a 19th-century meatpacking plant in Somerville, Massachusetts, Formlabs boasts all the accoutrements of American high-tech success: exposed brick walls and ductwork, a morale-boosting pool table and plenty of young employees hammering away at laptops.

U.S.-China Trade Truce May Not Last With Differences Unresolved

May 23, 2018

Industryweek

The U.S. and China declared a truce in their trade dispute over the weekend, but that will prove temporary if the world’s two largest economies fail to deliver on their vague commitments to re-balance trade.

Legacy Systems: The Problem or the Solution?

May 22, 2018

Michael Pedersen, Yusen Logistics

Legacy systems often get a bad rap as old software that is outdated and difficult to replace. There has always been a belief that somewhere there exists one superior logistics platform that can replace aging systems and transform technical capabilities, providing an advantage over your competition. But perhaps there’s a better solution — working with a third-party logistics provider that’s already developed a solution.

Booming Savannah Port Sees Trade Tensions as Just a Hiccup

May 22, 2018

The New York Times

Savannah’s ocean ports feature skyscraping silver cranes that stand at attention on the water’s edge. Container ships stretch the length of four football fields, with 40-foot containers stacked behind them like multicolored Lego bricks.

Getting Bangladesh’s Apparel Industry on the Map

May 21, 2018

Robert J. Bowman, SupplyChainBrain

It’s been just over five years since the collapse of a Bangladeshi factory complex took the lives of 1,135 workers. How can manufacturers and apparel brands ensure that such a tragedy never happens again?

U.S. Retail Imports Are Growing Despite Tariff Threats

May 15, 2018

Maritime Executive

Imports at U.S. major retail container ports are expected to grow steadily throughout the summer despite the prospect of heavy tariffs on goods from China, according to the monthly Global Port Tracker report released last week by the National Retail Federation and Hackett Associates.

U.K. Just Now Asks Business to Map Supply Chain Ahead of Brexit

May 15, 2018

Bloomberg

The U.K. government has asked business groups to map their supply chains to flag the areas of the economy most at risk if Brexit imposes additional trading costs on exporters, two people familiar with the matter said.

U.S. Farmers Are Already Suffering From Lost Chinese Orders for Corn, Soybeans and Pork

May 14, 2018

The Wall Street Journal

The U.S.-China trade spat is cutting into the flow of soybeans, pork and other commodities from U.S. farms to one of the world’s biggest markets.

Global Trade Management

The latest news, analysis, trends and solutions regarding global trade management software and systems and their impact on supply chain management. New developments in global trade management software - which streamlines logistics and business processes related to cross-border trade - are transforming the way companies operate and allowing them to stay ahead of the competition in their industries. As these solutions continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are using global trade management solutions for supply chain optimization.