Shipping and logistics operators say the U.K. vote to leave the European Union will rattle regional supply chains as Britain rebuilds its trading relationships and rules.
Louis Ferretti, project executive for global procurement with IBM, traces the history of the company's risk-management initiative, to its current use of sophisticated technology and business processes.
Mainfreight USA, a global supply-chain and logistics services provider, has added two warehouses to its North American logistics network, in Newark, N.J., and Dallas.
The Panama Canal accounts for roughly five percent of world sea trade, and the expanded Panama Canal is estimated to generate a three percent increase in cargo volumes transiting the canal.
Following the announcement that the UK will be leaving the European Union, the trade association that represents UK freight forwarders says in the run-up to that exit it will campaign to ensure that the movement of the UK's visible import and export trade does not become unduly burdened by overly complicated trade procedures.
In an attempt to attract more foreign funds to boost the nation's businesses, India's government this week relaxed the rules regulating the amount of foreign direct investment allowed across a wide spectrum of Indian business sectors, including the aviation industry.
Regulations and protectionist trade policies are killing small business, according to Alibaba Group Executive Chairman Jack Ma, who has called for a removal of trade policies that hinder global commerce.
In another sign that Iran may soon play a larger role in world airfreight as it re-emerges from U.N. sanctions, the WACO network of independent freight management companies has added Iran-based Amadrah International Freight Forwarding to its roster.
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.
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