The recently enacted Ocean Shipping Reform Act of 2022 gave the U.S. Federal Maritime Commission stronger oversight of how ocean carriers and marine terminals treat shippers. Now, FMC is being called on to wield some of that power.
Businesses today find themselves facing a wide range of economic and legal challenges, resulting in the inability of suppliers and buyers to meet contractual obligations.
A significant industry challenge revolves around answering the question of how to efficiently move the transportation industry toward a carbon-free future.
In August Bain was barred from tendering for U.K. government contracts for three years over its “grave professional misconduct” in state corruption in South Africa.
To meet our planet’s increasing demand for sustainable production while coping with supply chain disruptions, food and beverage industry players are turning to new technologies.
The term ESG — environmental, social and governance — is familiar to most companies today. But the concept as it relates to corporate action isn't fully understood, says Bonnie Nixon, director of ESG and sustainability with Long Beach Container Terminal.
So you’ve locked in your supply chain plan and network design? Good luck with that. In today’s global supply chains, unpredictability has become — well, predictable.
As compliance risks in global trade multiply, denied party screening (DPS) is a critical capability. Here are the four main challenges driving DPS growth.