Trade using surface transportation between the United States and its North American Free Trade Agreement partners, Canada and Mexico, was 6.6 percent higher in June 2012 than in June 2011, totaling $82.6bn, unadjusted for inflation, according to the Bureau of Transportation Statistics of the U.S. Department of Transportation.
Today's new economic environment is increasingly more
volatile, complex and structurally different than in years past,
and in few places is this more apparent than in the movement
of goods and services.
Without trucks, the supply chain would screech to a halt. Yet, the rising cost of fueling these workhorses, not to mention the toll truck emissions take on the environment and public health, are forcing shippers and carriers alike to retool their fleets.
Barry Prentice, professor of supply chain management at the University of Manitoba, believes that airships will play a key role in the movement of cargo in the years ahead. Here's why.
In the last few decades, statisticians and computer scientists have produced a dazzling arsenal of extremely powerful tools to help managers translate data into business decisions.
Challenge: A $1.4bn global leader in office furniture and interiors needed a way to automate the process of qualifying goods for NAFTA preferential trade terms for exporting from both the US and Canada. Having previously used a paper-based system via a third-party, the Company realized the process could no longer keep pace with its growing volume of shipments and constantly changing product portfolio.
Challenge: A leading international supplier of disposable paper and plastic packaging supplies wanted to offer a comprehensive track and trace system to its internal branches so that they could have near real-time visibility to their inventory in-transit for imported items, and a compliance system to ensure they adhered to import regulations and the ability to expedite Customs clearance.
Challenge: As part of an initiative to centralize its global procurement operations, this Fortune 500 diversified manufacturer of engineered components and products needed a way to effectively manage its importing process and reduce procurement costs while enabling real-time collaboration with its global suppliers.
Challenge: To create a system that allows for product to always be on the shelf, saving the consumer time and making his/her shopping experience easier.
Challenge: A major U.S. manufacturer who partners with Kenco for integrated logistics solutions was spending nearly $20 million annually on material handling equipment (MHE). These costs consisted of forklift leases and maintenance on equipment less than four years old.
The latest supply-chain news, analysis, trends and tools for executives in the food and beverage industries. Learn how food and beverage companies and their suppliers around the world are managing the flow of products across all channels of the enterprise. Experts sound off on forecasting and demand planning, supply-chain visibility, logistics outsourcing, inventory optimization, transportation management, warehouse management, supply-chain security, corporate social responsibility and more.
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