Stakeholders at U.S. ports are spending $9bn a year to accommodate the next generation of super-sized container ships. But simply expanding physical infrastructure will not be enough to mitigate port congestion. With fewer vessels moving more containers per call, U.S. ports need to fundamentally change the way containers are moved in and out of terminals.
Retailers, manufacturers and farmers worldwide are protesting a new marine shipping safety rule they say will raise transport costs and cause delays at ports worldwide.
Today's fashion industry is obsessed with getting product to store shelves quickly, changing out assortments constantly, and charging rock-bottom prices. But there's a price to be paid for that behavior.
The announcement on the Export-Import Bank's website proclaimed in big blue letters "Ex-Im Bank Reauthorized" - but the fight is not over yet for the government's embattled export credit agency.
Even though world merchandise trade growth is expected to rise just one percent through the end of this year, U.S. businesses are optimistic about trade over the next six months, buoyed by the prospect of changes to government trade regulations, and momentum in the current U.S. domestic economy, according to the latest findings from the U.S. HSBC Global Connections Trade Forecast.
Wallenius Wilhelmsen Logistics (WWL), a provider of roll-on/roll-off shipping and related logistics services, is increasing frequency and capacity in its service from Europe to the U.S. West Coast.
LPG shipping rates are expected to decline from the second half of 2016 as a bloated orderbook for VLGCs - very large gas carriers - fuels fleet growth that will far exceed shipping demand, according to the latest edition of the LPG Forecaster, published by global shipping consultancy Drewry.
Covectra, a provider of technology for product serialization, authentication and tracking and tracing, has launched a new system for protecting infant formula from counterfeiting.
Tanker shipping rates are set to decline from current highs in 2016 as the trade in crude oil is forecast to decline due to ample stocking, and the fleet is expected to expand briskly, according to the latest edition of the Tanker Forecaster, published by global shipping consultancy Drewry.
Imagine a truck that "knows," while in transit, that it's about to experience a mechanical failure, how serious the problem is, what's required to fix it, and exactly where the driver should go to get the job done.
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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