XPO Logistics has agreed to acquire a majority stake in Norbert Dentressangle SA, a provider of contract logistics services with headquarters in Lyon, France.
The global contract logistics market grew by 5.4 percent in 2014, to reach 177.6bn euro ($199bn), according to a report from Transport Intelligence. If prices and exchange rates were held constant at 2013 levels (real growth), then the market would have expanded by 4.4 percent. Overall, contract logistics growth of 5.4 percent compares favourably to growth of 2.8 percent in 2013.
Challenge: The U.S. subsidiary of a $6 billion multinational electronics and electrical equipment company imported products from its Japanese headquarters using manual processes. Beyond the inefficiencies of using paper documentation and having brokers manually key data, the post-import reconciliation of broker documents for correctness and compliance was labor intensive.
Challenge: A U.S. manufacturer of consumer and business products exported globally using both electronic and manual processes. The firm sought to centralize all export compliance activities in one solution that could perform denied party screening and manage Export Control Classification Numbers (ECCNs) and export tariffs.
All global companies will tell you that they're committed to guaranteeing human rights throughout their supply chains. But how do we tell they're sincere?
The United States is on track to saturate the global energy market with liquefied natural gas (LNG) exports by as early as this year, putting itself on course to become one of the world's largest LNG suppliers.
So you think you've anticipated every possible disaster in your supply chain risk-management plan? How about snakes and alligators in your clean rooms?
International trade supports millions of American jobs and is essential to the U.S. economy, the National Retail Federation says in a report that provides a state-by-state breakdown of the benefits of trade. According to NRF, trade supports nearly seven million retail jobs and benefits American businesses, families and workers.
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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