Global Trade Management

Growth in Global Airfreight Sputters in Early 2016

April 7, 2016

Worldwide airfreight demand is off to a slow start, at least for the first two months of 2016, according to Holland-based consultancy, WorldACD.

Better Oversight - Not a Ban - Needed for Lithium-Ion Battery Cargo on Planes

April 5, 2016

Air Cargo World

There is no doubt that lithium-ion batteries, when packed together without the proper packaging and handling precautions, can certainly be dangerous. In 2014, the Federal Aviation Administration applied heat to a container packed with 5,000 lithium-ion batteries that resulted in a thermal runaway and subsequent explosion of flammable gases emitted within the container. Even a favorite fire suppressant, when used, was ineffective in extinguishing the fire. The danger appears to be inherent in all aircraft configurations, passenger or all-cargo.

Was Nafta Good or Bad for U.S. Automaking Industry?

April 1, 2016

New York Times

When Donald Trump threatened to "break" the North American Free Trade Agreement, auto industry workers offered up some of the loudest cheers.

FAA Paints Rosy Air Cargo Picture for Next 20 Years

April 1, 2016

Air Cargo World

The U.S. Federal Aviation Administration posted a bright outlook in its annual market review and forecast, noting that it expects total air cargo traffic, measured in revenue tonne kilometers, to grow by 4.5 percent in 2016, followed by stable growth averaging 3.5 percent over the next 20 years.

Crime, Weather, Terrorism, Migration Crisis Cost Global Supply Chains $56Bn Last Year, Study Says

March 31, 2016

Loadstar

Research from the British Standards Institute (BSI) has found that global supply chains gained a combined $56bn in extra costs last year, incurred by crime, extreme weather, terrorist threats and the migrant crisis that swept across Europe.

Squire Patton Boggs Offering Export-Compliance Expertise

March 29, 2016

Squire Patton Boggs

Squire Patton Boggs is partnering with the Manufacturer's Center for Legal Action (MCLA) of the National Association of Manufacturers to provide NAM members with legal expertise on export compliance.

Ocean Container Weight Verification Requirement May Greatly Boost Shipping Costs, Study Finds

March 29, 2016

Wall Street Journal

An impending international requirement that shippers verify the weight of their goods before transport will sharply raise shipping costs on major trade lanes and trigger delays in moving cargo through ports, according to a new report.

Confidence of Maritime Shipping Industry Sinks to New Low

March 29, 2016

Maritime Executive

Overall confidence levels in the ocean shipping industry fell to a record low in the three months ending February 2016, according to a survey by shipping advisory firm Moore Stephens.

Boom in Tanker Shipping Industry May Have Reached Peak

March 29, 2016

HIS Maritime & Trade

Tankers are currently the most profitable vessels in shipping with the cost to charter them remaining high by comparison with other ship types. These freight rates are expected to stay steady for the next 18 months despite a delivery boom of new tankers scheduled for late 2016, according to Devlin McStay, data analyst with IHS Maritime & Trade.

The Air Waybill Is Going Paperless - Slowly

March 28, 2016

Robert J. Bowman, SupplyChainBrain

The electronic air waybill (eAWB) has arrived. But certain air freight forwarders and carriers are still holding on to the paper version for dear life.

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.