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uSING AUTOMATION TO MANAGE EXCEPTIONS FOR OCEAN shipments of export cargo and import cargo in international trade.

Cutting the Cost of Exceptions of Ocean Shipments

In the ocean transportation industry, exceptions can happen and exceptions can hurt. Whether the exception occurs on land or on the water, tight margins mean that unrecognized issues may affect profits because of delay, or worse, may affect gains from multiple shipments. If you have calculated only a couple hundred dollars of profit on a shipment, $100 extra in storage fees per … Read More

In The News

WATCH: Canada – Trump’s Latest Punching Bag on Trade

President Signs Executive Order on Steel Dumping

While signing an executive order mandating an investigation of dumped steel, President Donald Trump took a detour to bash the United States’ largest trading partner, Canada. “I was in Wisconsin the other day,” Trump said, at the executive order signing ceremony, “and I want to end and add by saying that Canada, what they’ve done… Read More

WATCH – Trump: ‘Buy American, Hire American’

Policy Does Not Quite Match the Slogan

President Donald Trump signed another executive order yesterday, this one dubbed Buy American, Hire American. The policy, as described by the president, was to maximize the use of domestic goods in federal assistance and procurement programs. The actual terms of the executive order itself was not as definitive. The order also dealt with reform of… Read More

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Matt Coker 2:18 PM  2/20/2017

THE GOVERNOR’S CUP

We all know business can be as competitive as any full contact sport, but the most vigorous battles likely take place during the location process. That’s because of the immense economic impact each new employee brings to a given city, estimated to be between $500,000 and $700,000, and what local and state governments are willing to offer to attract job-creating companies such as yours. From tax credits to job training to export assistance, incentives can and should be a big … Read More

Steve Lowery 10:15 AM  2/20/2017

TOOLS OF TRADE

Perhaps Tess Winningham’s rush to get her company’s Quick Trick alignment tool out of the family kitchen and into every other part of the world had something to do with the product being all about moving straight ahead. Or perhaps it’s because Quick Trick was invented by her husband Gary Gann, a stock car racer who knows the race usually goes to those moving fastest. Or maybe it’s because she can do the math. “Seventy percent,” Winningham says when asked what … Read More

Global Logistics

uSING AUTOMATION TO MANAGE EXCEPTIONS FOR OCEAN shipments of export cargo and import cargo in international trade.

Cutting the Cost of Exceptions of Ocean Shipments

Mike DeAngelis 5:55 AM  4/23/2017

In the ocean transportation industry, exceptions can happen and exceptions can hurt. Whether the exception occurs on land or on the water, tight margins mean that unrecognized issues may affect profits because of delay, or worse, may affect gains from multiple shipments. If you have calculated only a couple hundred dollars of profit on a shipment, $100 extra in storage fees per … Read More

Site Selection

Business park accommodates companies with shipments of export cargo and import cargo in international trade.

Manufacturer Makita Buys Warehouse in Wilmer, Texas

GT Staff 2:17 AM  3/25/2017

Makita USA, a manufacturer of industrial power tools, has purchased a 227,230 square-foot warehouse on 14.3 acres in Sunridge Business Park in Wilmer, Texas. Scannell Properties built the spec-building in 2016. As part of a tax abatement agreement, Makita will hire 55 new employees and will expand the facility. That will add $28 million in new assessed value to the city. … Read More

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Global Trade recently spoke to Dharmendra N. Choudhary, a well-known anti-dumping lawyer in Washington DC, and a surrogate value expert. Please explain the concept of surrogate value and how it is relevant in US anti-dumping proceedings on Chinese goods. In anti-dumping proceedings, the US Commerce Department treats China as a Non Market Economy. As a result, Commerce determines the fair market value … Read More

Education

Game teaches students about shipments of export cargo and import cargo in international trade.
GT Staff 2:31 AM  3/15/2017

WATCH: Gaming International Trade

When teaching the course International Economics at the NYU Florence campus, Professor Giampiero Gallo organizes a modified version of the International Trade Game. Students are divided into teams – functioning as individual countries – and compete to manufacture and sell products to a trader at posted prices, which can vary with supply and demand. Students soon understand that they need to make decisions on the group’s strategies and to negotiate with other groups regarding the use of technology, buying raw materials, … Read More

Bob Andelman 3:13 PM  2/14/2017

PLUGGED INTO LOGISTICS

In so many ways, Miki Minagawa is the poster child for an online supply chain management degree. That’s because, for starters, she is the Direct-to-Consumer director at Nike Japan. In Tokyo. And with what global, accredited school is she enrolled to earn a master’s in supply-chain management? Portland State University in Oregon, USA. Minagawa had already worked in supply chain for two decades—split between the United States and Japan—when she decided to expand and formalize her knowledge. In her role, she is … Read More

Bob Andelman 11:45 AM  12/6/2016

12 REASONS TO MASTER SUPPLY-CHAIN MANAGEMENT

What are the reasons to continue your education in supply-chain management? If you’re the chief executive, what reasons might you have to support employees interested in returning to school? Employees need to know how squeezing night and weekend classes into an already busy work/life schedule will be advantageous to the bottom line upon the completion of a degree in supply-chain management (SCM). We talked to executives, educators and recent graduates to learn these 12 reasons to master supply-chain management. KEY DIFFERENTIATOR Supply chain “is … Read More

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