Technology solutions and staff training top the list of initiatives that companies are using today to improve global shipping performance and reduce costs, according to the Global Trade Management Report from Tompkins Supply Chain Consortium.
United Parcel Service announced that it would withdraw its $6.9bn takeover offer for TNT Express, a Dutch shipping company, after European antitrust authorities told U.P.S. that they would block the deal.
GT Nexus Inc. and TradeCard Inc. have announced a merger agreement that will create a single cloud-technology platform for global trade and supply-chain management.
Plans that detail a business's initial emergency response provide a road map for keeping operations running through a crisis and ready a business for the return to full operational effectiveness in the weeks that follow a disruption. These forward-thinking solutions are critical components to effective business continuity programs, according to a new PwC US paper entitled, "Beyond the first 48 hours: Can your business continuity plan go the distance?"
A diverse coalition of more than 120 local, state and national stakeholders, ranging from farmers and manufacturers to retailers and wholesalers sent a letter to the International Longshoremen's Association (ILA) and United States Maritime Alliance Ltd. (USMX) urging both sides to remain at the negotiating table until they "reach a new long-term contract."
Noha Tohamy, research vice president with Gartner, identifies the proactive strategies that leading companies are using to manage supply-chain risk today.
The World Resources Institute (WRI) has incorporated sustainability into the traditional SWOT (Strengths, Weaknesses, Opportunities and Threats) analysis employed by many businesses.
A few weeks back I referenced the work of Robert J. Gordon, an economist and professor at Northwestern University. In a paper published last September for the Centre for Economic Research, he laid out the history of the first three industrial revolutions. And he asked whether a fourth, supposedly driven by the internet and other advances in information technology, could come anywhere near its predecessors in terms of productivity improvements.