Global Trade Management

In 2016, U.S. Seaports May See Modest Growth in Container Imports

December 21, 2015

Container volume at U.S. ports is expected to grow next year, but at a slower rate of three to four percent, down from five percent in 2015, says ratings company Moody's.

QuestaWeb Technology Solves Broker's Operating Challenges and Confers ACE Readiness

December 17, 2015

Challenge: A large broker with multiple operating locations relied on antiquated broker technology and used a separate system for forwarding operations. The firm needed to acquire one integrated solution to satisfy all of its trade compliance needs. Beyond seeking user-friendly technology accessible by all its offices, the software needed to accommodate highly specialized accounting functions.

Chinese Goods Fill World's Marketplaces - But at What Cost When So Many Are Shoddy?

December 17, 2015

New York Times

Across Nigeria, low-cost Chinese goods are everywhere, evidence of Beijing's growing dominance in global trade. The trade flow has helped keep life affordable for millions of Nigerian families, at a time when the country is struggling with economic stagnation and plunging prices, as well as the deadly costs of the Boko Haram insurgency.

Merger of Chinese Ocean Lines to Create World's Fourth-Largest Container Shipping Company

December 17, 2015

Maritime Executive

China's cabinet has approved the merger of its two biggest shipping conglomerates, China Ocean Shipping Company (COSCO) and China Shipping Group Company (parent of CSCL), in the government's latest effort to make the industry more competitive globally.

U.S. Ports See Final Surge Before St. Lawrence Seaway Season Closes

December 15, 2015

Chamber of Marine Commerce

The number of vessels in the Great Lakes-Seaway system exceeds the five-year average as ships deliver much-needed supplies and make a final push to export grain before the St. Lawrence Seaway closes Dec. 30.

Reduce Port Congestion By Expanding Container 'Free-Flow' Systems

December 14, 2015

Brett Parker, Co-founder & President, Cargomatic

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.

As Rule on Ocean Container Weight Approaches, Many Unprepared to Comply

December 14, 2015

Wall Street Journal

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.

Slow Down! Putting the Brakes on Fast Fashion

December 11, 2015

Robert J. Bowman, SupplyChainBrain

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.

Ex-Im Bank Open for Business Again, But Only for Small Deals

December 10, 2015

New York Times

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.

U.S. Businesses See Growth in Trade Over Next Six Months, Survey Finds

December 10, 2015

HSBC

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.

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.