Increasing labor costs in China's heavily industrialized areas, mostly along the coastline, are driving many companies to move production to the country's inland regions, creating a number of logistics and supply chain challenges, according to Greg Spudic, vice president of North American sales and marketing for Dimerco Express.
Inttra, a global electronic-commerce network for the ocean shipping industry, has formed an alliance with CargoSphere, a cloud-based confidential rate network.
A new air ship capable of vertical takeoffs and landings and with a 66-ton cargo capacity could be a game-changer in the 3PL industry, says Shenny Yao, vice president, Washington, DC operations, Worldwide Aeros, developer of the Aeroscraft, a rigid variable buoyancy air vehicle.
PrimeRevenue, provider of a platform for supply-chain finance delivered under a software-as-a-service (SaaS) model, has expanded operations in two locations, in addition to releasing version 5.4.3. of its OpenSci SCF platform.
In emerging markets, regulations impacting trade and business differ greatly from country to country and changes constantly occur with little or no notice, says Mark Millar, managing partner at M Power Associates, Hong Kong. Because of this, trade compliance is an increasingly important issue for companies doing business in these economies.
There was a bit of good economic news last week, with the announcement that U.S. retail sales rose 0.8 percent in July. That was the biggest gain since February, and well above the 0.3 percent that economists had predicted. So is the economy finally recovering?
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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