Upon mention of the Caribbean, most people think of idyllic white-sand beaches, Hollywood pirates, the magical sound of steel drums, a handsomely crafted rum cocktail. But the region ringed by Central America, the northern coast of South America and an arc of island nations stretching toward the tip of South Florida – is more than a picturesque vacation spot. It is becoming a key jumping-off point for cargo flights between the Americas and the rest of the world, including Europe, Africa and now the Middle East.
Logistics in emerging markets have long centered around the movement of large quantities of manufactured goods or commodities between businesses. But rising consumption driven by a growing middle class is set to change that, according to new research reports.
Labor shortages coupled with an increasingly competitive landscape are driving the need for service innovation and enhanced shipper and 3PL provider relationships, according to the 20th Annual Third Party (3PL) Logistics Study from Capgemini Consulting, Penn State University, Penske Logistics and Korn/Ferry International.
Daymon Worldwide's Omni Global Sourcing Solutions has opened an 8,500-square foot showroom in Philadelphia for seasonal and general merchandise imports.
The Nicaragua Canal project has been dealt another setback amid reports that construction will not begin until the first quarter of 2016 due to environmental mitigation measures.
The GEFCO Group, a global player in logistics for manufacturers and in European automotive logistics, has signed an agreement with the private equity fund Nimbus to acquire the Dutch company IJS Global, which specializes in air and sea freight operations.
The Stifel Logistics Confidence Index saw a fourth consecutive month of decline in September. While the Index, at 51.5, remains above the neutral 50 mark, times may be gloomier that the numbers alone suggest.
Douglas Schoch, vice president of Siemens Capital Co. LLC, describes the changes he's seen in the field of supply-chain finance in recent years. He also talks about the keys to successful implementation of a supply-chain financing program.
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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