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WATCH: US-UK Trade Pact: Not a Good Deal

As British voters decided to leave the European Union, former President Barack Obama warned that the United Kingdom would be shunted to the back of the line of countries with which the United States would pursue trade deals. The Trump has taken a somewhat different tack, saying he would welcome negotiating such an arrangement “at the appropriate time.” Adam Posen, president … Read More

In The News

Is NAFTA In Trouble Again?

Trump Threatens to Scuttle Trade Agreement

It’s happened again. President Donald Trump has once again threatened to withdraw the United States from the North American Free Trade Agreement, this time in an interview with the Wall Street Journal last week. There’s been some speculation that Trump would revert to this position, after the last couple of rounds of NAFTA renegotiation talks… Read More

Interior Department Grants Florida Waiver from Offshore Drilling

Other States Want to Know Where They Can Sign Up

The Trump administration announced last week that would be opening most US ocean waters to oil and gas drilling. But following objections voiced by the governor of Florida, Interior Secretary Ryan Zinke said that Florida would be “off the table” when it comes to the administration’s new policy. “I support the governor’s position that Florida… Read More

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Haley Garner 12:32 AM  1/17/2018

2017 SUPPLY CHAIN TRENDS RECAP

INNOVATION Innovation has gone from something reserved for start-ups to a must-have for supply chains looking to adjust to digitalization and disruption. A perfect storm of huge technological advancement coupled with changing consumer habits means that all organizations within the industry will need to adapt in 2018. The following is based on data from 2017 research and reports by eft (eye for transport), a global leader in business intelligence, and the 2018 Third Party Logistics Study. Are supply chains succeeding at innovation? We asked … Read More

Mexico's excellent transportation infrastructure expedites shipments of export cargo and import cargo in international trade.
MADE IN MEXICO: A worker in Chignahuapan, Puebla, Mexico, prepares a hand-made glass Christmas ornament.
Ambrose Conroy 12:02 AM  12/7/2017

Global Logistics Planning Guide: POLITICAL FUTBOL

Since the North American Free Trade Agreement (NAFTA) came into effect in 1994, Mexico’s low labor costs have made it a prime location for U.S. companies to base their manufacturing. Initially, there was a correlation between low quality and the low costs of goods made in Mexico. However, over time costs have remained only a fraction of the costs of manufacturing in the United States and China, while quality has risen to world-class levels. The benefits of operating in Mexico are many—it’s one of the … Read More

Global Logistics

2017 SUPPLY CHAIN TRENDS RECAP

Haley Garner 12:32 AM  1/17/2018

INNOVATION Innovation has gone from something reserved for start-ups to a must-have for supply chains looking to adjust to digitalization and disruption. A perfect storm of huge technological advancement coupled with changing consumer habits means that all organizations within the industry will need to adapt in 2018. The following is based on data from 2017 research and reports by eft (eye for … Read More

Site Selection

Mexico's excellent transportation infrastructure expedites shipments of export cargo and import cargo in international trade.
MADE IN MEXICO: A worker in Chignahuapan, Puebla, Mexico, prepares a hand-made glass Christmas ornament.

Global Logistics Planning Guide: POLITICAL FUTBOL

Ambrose Conroy 12:02 AM  12/7/2017

Since the North American Free Trade Agreement (NAFTA) came into effect in 1994, Mexico’s low labor costs have made it a prime location for U.S. companies to base their manufacturing. Initially, there was a correlation between low quality and the low costs of goods made in Mexico. However, over time costs have remained only a fraction of the costs of manufacturing in … Read More

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Aid can generate shipments of export cargo and import cargo in international trade.
ELECTRICITY IN AFRICA: There is a large disparity in the access to power among countries.

Program Illustrates Trade Benefits of Aid

Peter Buxbaum 12:25 AM  12/27/2017

The Obama administration’s Power Africa Initiative came to increase the number of people with access to power on the continent through a partnership that brought together technical experts, the private sector, and governments from around the world. The program also operated under the assumption that Africa presented business opportunities for US workers and companies. Those opportunities come in the provision of … Read More

Education

Education programs for executives in companies with shipments of export cargo and import cargo in international trade.
THE FIRST COHORT OF STUDENTS SURROUNDS SIR JAMES DYSON (Image: Dyson Institute of Engineering and Technology)
Todd Mathews 12:04 AM  9/28/2017

USD OFFERS M.B.A. WITH OPERATIONS AND SUPPLY CHAIN MANAGEMENT SPECIALIZATION

The University of South Dakota Beacom School of Business now offers an online Master of Business Administration (M.B.A.) with Operations and Supply Chain Management specialization. Enrollees “benefit from in-depth study of supply chain management, lean management, quality control and other topics relevant in today’s rapidly evolving global market,” according to Beacom School of Business officials. In addition to the core M.B.A. courses that prepare students for leadership in any business role, those on the Operations and Supply Chain Management tract can … Read More

Technology is important to managing shipments of export cargo and import cargo in international trade.
EDUCATION IS CRITICAL TO MANAGING GLOBAL SUPPLY CHAINS: Supply-chain managers must be encouraged to stay current with the latest global disruptions.
Michael Womack 1:40 AM  8/21/2017

The Modern Supply Chain: Education & Training

The modern supply chain is a complex weave of new technology and legacy systems all working toward the same goal, to keep products moving. New technology and the rapid rate of adoption is leaving many in the supply-chain industry wondering how they can keep up. Furthermore, as the industry continues to struggle with finding new talent to bolster its workforce, businesses are often left understaffed while managing a more complex supply network. With all these disruptions the industry faces today, an … Read More

Game teaches students about shipments of export cargo and import cargo in international trade.
STUDENTS ARE DIVIDED INTO TEAMS FOR INTERNATIONAL TRADE GAME: Each team functions as individual countries to compete in manufacturing and selling products to a trader.
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

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