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.
For all the talk of the need for collaboration between manufacturers and their suppliers, there are situations when their best interests come into direct conflict.
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.
Numerous factors are responsible for congestion in the retail supply chain. Mike Curtin, senior vice president of apparel and soft goods with Logility, explains what companies are doing to overcome those hurdles.