Global Trade Management

Blockchain Company Launches Digital Currency to Reduce Cargo No-Shows

August 9, 2017

Hong Kong-based company 300cubits is aiming to partially replace U.S. dollars in the container shipping industry with tokens soon to be launched on Ethereum - an open-source, public, blockchain-based platform.

Global Airfreight Demand Sees Largest Increase Since 2010

August 9, 2017

Air Cargo World

The first half of 2017 saw its strongest freight demand increase since 2010, according to reports from research firms WorldACD, Drewry and IATA.

Amazon Is the Topic Companies Can't Avoid

August 9, 2017

Fortune

What looms over businesses as far flung as car repair, lab equipment and swimming pool gear? In a word, Amazon.

'Modest Gains' May Be New Normal for Dubai's Cooling Air Freight Market

August 7, 2017

Air Cargo World

Dubai's new freight hub is now handling about a third of the emirate's air freight, as both regional airports posted middling first half numbers, reflecting a regional downturn.

How Smaller Traders Are Surviving in the Trade-Financing Game

August 7, 2017

Robert J. Bowman, SupplyChainBrain

It's a classic chicken-and-egg dilemma. Small and medium-sized companies can't get access to the trade financing they need in order to grow - because they're small.

Amazon Is Under Investigation for Selling Goods to Iranian Embassy, Others

August 4, 2017

The Washington Post

Amazon.com is under federal investigation for possibly violating U.S. sanctions on Iran, the online giant said in a recent filing with the Securities and Exchange Commission.

Here Are the Top Global Innovations in RFID for Retail

August 3, 2017

RFID Journal

While the on-demand economy has led to many brick-and-mortar stores declining, NXP Semiconductors reports that omnichannel services continue to grow. Smart supply chain management with advanced tracking and monitoring capabilities enabled by RAIN RFID support both short- and extended-range communication, NXP reports, and are empowering retailers to address a multitude of new use cases.

U.K. Customs Checks Could Cost $1.3Bn a Year Post-Brexit

August 3, 2017

Bloomberg

Customs checks at the border after the U.K. leaves the European Union could cost 1bn pounds ($1.3bn) a year and cause delays for goods being shipped in both directions, according to a report by Oxera, an economic consultancy.

Trump to Review Security Risks From Fewer U.S. Factories

August 2, 2017

The Washington Post

President Donald Trump plans to review the U.S. manufacturing base and supply chains because of possible national security risks.

$100Tr Needed for Infrastructure by 2040, Report Says

August 1, 2017

Maritime Executive

The G20's Global Infrastructure Hub and Oxford Economics have released a report that finds that the world will need nearly $100tr in infrastructure investment by 2040. This equates to nearly $4tr every year - about the same amount as the GDP of Germany.

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.