Free Trade Agreements, such as the ambitious Trans-Pacific Partnership recently signed in Auckland, N.Z., represent an attractive opportunity for U.S. importers. The same is true for the corresponding Foreign Trade Zones that have greatly proliferated in the last forty years - rising from eight in the U.S. in 1970 to more than 500 today.
The global military helicopter maintenance, repair and overhaul (MRO) market is expected to exceed $11.5bn by 2020, growing at a CAGR of over 3 percent, according to market research from Technavio.
The transportation and warehousing industry suffered more than 95,000 industrial accidents and illnesses in 2014, according to the Bureau of Labor Statistics of the U.S. Department of Labor. That works out to 225 per 10,000 workers - one of the highest rates of any industry. Most estimates put the annual cost of workplace injuries at more than $50bn, so it makes sense from a business as well as a moral point of view to make safety a priority. The following are some proven ways to increase safety.
U.S. import volumes, measured in TEUs, have rebounded at West Coast ports so far this year. Imports through the port of Los Angeles increased 36 percent January through February of 2016 and 30 percent through the port of Long Beach, compared with the same time period in 2015, according to findings from Datamyne, which provides web-based international market intelligence.
If you had an unlimited budget and little need for sleep, you could attend most (but not all) of the dozens of Internet of Things (IoT) events scheduled around the world in 2016. You'd not get much actual work done, but you'd hear a lot about what's possible when everything gets "smart and connected" and the new business opportunities that IoT will enable.
The U.S. Federal Aviation Administration posted a bright outlook in its annual market review and forecast, noting that it expects total air cargo traffic, measured in revenue tonne kilometers, to grow by 4.5 percent in 2016, followed by stable growth averaging 3.5 percent over the next 20 years.
Research from the British Standards Institute (BSI) has found that global supply chains gained a combined $56bn in extra costs last year, incurred by crime, extreme weather, terrorist threats and the migrant crisis that swept across Europe.
The latest supply-chain news, analysis, trends and tools for executives in the pharmaceutical and biotech industries. Learn how pharmaceutical and biotech 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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