Global Trade Management

Africa Could Become Fertile Ground for New Energy Investment

December 6, 2016

Africa wants to become fertile ground for new energy investment - investments that would help electrify parts of the continent and make it ripe for new businesses and new jobs, the African Development Bank says.

Textile Index: Cotton, Polyester and Wool Prices on the Rise

December 6, 2016

Supply Management

Declining cotton production last season has led to prices rising year-on-year, according to Mintec's latest textile index. Yet, U.S. production in the current season is likely to rise by 25 percent and reduce pressure on prices.

Global Steel Production Rose 3.3 Percent for October

December 5, 2016

American Machinist

Global raw-steel production rose 2.6 percent from September to October, totaling 136,522,876 metric tons, with similar percentage increases in most of the major steelmaking nations and regions tracked by the World Steel Association. The year-over-year comparison is even higher for October, with a 3.3 percent higher in October 2016 than in October 2015.

India Cash Crunch May Delay Consumption, Disrupt Supply Chains

December 5, 2016

Bloomberg

Rather than highlighting how far India's economy has come under Prime Minister Narendra Modi's pro-growth administration, a new gross domestic product report underscores just how much there is to lose from his shock clampdown on cash.

How a Rebel Myanmar Tin Mine May Up-End a Global Supply Chain

December 5, 2016

The New York Times

From a remote corner of northeastern Myanmar, an insurgent army sells tin ore to suppliers of some of the world's largest consumer companies. More than 500 companies, including leading brands such as smartphone maker Apple, coffee giant Starbucks and luxury jeweler Tiffany & Co, list among their suppliers Chinese-controlled firms that indirectly buy ore from the Man Maw mine near Myanmar's border with China, a Reuters examination of the supply chain found.

Welcome to the Age of 'The Universal Trade War'

December 2, 2016

Robert J. Bowman, SupplyChainBrain

Forget about trade friction between the U.S. and China. Now it's a global trade war.

Durable Goods Orders Rose 4.8 Percent in October

December 1, 2016

CFO

U.S. durable goods orders rebounded strongly in October, surging past expectations amid increased demand for aircraft and other transportation machinery. The Commerce Department said orders for items meant to last three years increased $11bn, or 4.8 percent, to $239.4bn last month, following a downwardly revised 0.4 percent drop in September. Economists had predicted a 1.7 percent gain.

Pessimistic Forecasts: Stifel Logistics Confidence Index Declines Further

November 30, 2016

Transport Intelligence

The Stifel Logistics Confidence Index - which measure logistics industry outlook - has reached its 14 consecutive months of negative confidence, with the numbers suggesting this will continue into 2017. As reflected by the performance of the Index, global trade remains at a low ebb, as it has for some time.

Hanjin Shipping Sells Part of Container Ship Business for $31M

November 30, 2016

The New York Times

South Korea's Hanjin Shipping Co Ltd said last week it decided to sell part of its container ship business to Korea Line Corp for 37bn Korean won ($31m).

As Trump Kills TPP, China Eyes December Talks to Fill Trade Void

November 30, 2016

Bloomberg

Even before Donald Trump enters the White House and formally abandons a U.S.-led trade deal that represented a cornerstone of his country's economic policy in Asia, Chinese President Xi Jinping will get a chance to prove his willingness to step into the leadership vacuum.

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.