When it comes to assessing the impact of business practices on the environment, the bar is being raised. Mere sustainability is no longer enough: now it's all about becoming "net positive."
As global companies increasingly explore dynamic discounting solutions to improve their operating income and provide much needed working capital flows to their supply chain, questions often arise about how government regulations and accounting standards come into play.
Making it mandatory for airlines and freight forwarders to file advanced information about cargo loaded onto aircraft bound for the United States seemed like a foregone conclusion several years ago, but U.S. Customs late last month announced plans to extend a pilot program testing the concept for another year.
A logistics network is like a complex machine. When all the parts mesh and work properly, you have an efficient system that moves freight seamlessly across borders. But remove one piece - or let it get even slightly out of alignment - and the whole supply chain can grind to a halt.
Dozens of port authorities and marine terminals received port security grants this summer from the Federal Emergency Management Agency (FEMA), but millions of dollars from the $100m program went to local law enforcement agencies and other non-port entities.
Softening demand growth coupled with larger liner shipping alliances and bigger ships is moving the container ports industry towards a value sector from growth sector, albeit still highly profitable, according to the Global Container Terminal Operators Annual Review and Forecast 2016 report published by global shipping consultancy Drewry.
It has often been said that China will grow old before it becomes rich. But could it have too many offices, restaurants, and hotels before it becomes wealthy?
The International Monetary Fund has downgraded its global growth projections for 2016 and 2017. It is now forecasting the global economy to increase at a 3.1 percent pace this year and 3.4 percent next year, both down 0.1 percentage points from previous projections.
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.
Subscribe to our Daily Newsletter!
Timely, incisive articles delivered directly to your inbox.