The International Monetary Fund has warned that sluggish economic growth throughout the world could bolster an anti-trade backlash that has become a feature of politics in both the United States and Europe.
The last three months have been some of the worst the multipurpose and project carrier sector has endured in years. The breakbulk and project cargo sector remain weak, with little suggestion that volumes will improve significantly until the end of 2017, according to a recent report published by global shipping consultancy Drewry.
It's the best of times to take your business global. It's the worst of times to take your business global. With apologies to Charles Dickens, we are living in roilingly uncertain times when it comes to global trade, driving both risks and opportunities as high as they've ever been.
Amidst shockwaves emanating from last month's news of the bankruptcy filing of Hanjin Shipping came speculation of a potential silver lining for air cargo carriers. Would the scramble for cargo originally booked on Hanjin vessels provide a windfall for airlines, with a surge in demand to drive up rates and yields?
The Obama administration has used a flurry of tough-sounding trade enforcement announcements in recent weeks to counter complaints from the left and right that free trade is not fair trade - and to assist President Obama in the struggle to win approval of his trade pact with 11 Pacific Rim nations.
It's called the multiplier effect, and it describes how the recall of a single ingredient in the food supply chain can have a huge impact on manufacturers, retailers and brands - not to mention the health and safety of consumers.
Companies have a pretty good grip on the movement of physical goods in their supply chains. But they often overlook the accompanying flow of funds - and the opportunity to make better use of limited working capital.
Recent months have seen major car recalls by GM and Ford Motor Co. They're just the latest in a seemingly endless series of failures. Can this trend be stopped?
The world has never been more prosperous than it is today. People around the world live longer, healthier lives than ever before. In emerging markets, billions of people have moved out of extreme poverty. In the developed world, we enjoy better medicines, education, information, connectivity and mobility than most of us could have imagined a quarter century ago.
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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