99 New Articles
America’s Leading 3PLs
STRENGTH IN NUMBERS
The cochineal bugs were the secret to some of the most vibrant dyes in the world—but it took roughly 70,000 dead bugs to make a pound of cochineal.

HOW MILLIONS OF TINY INSECTS COLORED GLOBAL TRADE

BEAUTIFUL BUGS

When wealthy Dutch burghers sat down to sumptuous feasts, they took great pride in the sophisticated and lavish decorations that appointed their dining rooms. They were particularly fond of the exquisite Flemish tapestries that covered their walls. Crafted from wool or silk, bordered by silver and dyed with brilliant scarlets and crimsons, these wall hangings… Read More

A GOOD OMAN
APL Logistics expanded in Oman this August by setting up a joint venture company with Arab Global Logistics, developing the country as a regional logistics hub.

APL LOGISTICS EXPANDS OMAN PRESENCE

APL Logistics Ltd. announced in August the setup of APL Logistics Oman, a new joint venture company with Arab Global Logistics LLC in Oman. The new entity will spearhead efforts to develop Oman as a regional logistics hub to serve local and international customers in the Middle East and East Africa. Customers of the new… Read More

BIG SCALE
Hedging against currency fluctuations can be expensive—too expensive for smaller transactions.

6 TIPS WHEN SETTLING IN FOREIGN CURRENCIES

BANK BALANCE

Rohit Arora, CEO of Biz2Credit in New York City, had to take currency fluctuations into account when striking a deal with an Australian firm to license the rights to bring his online matchmaking platform for borrowers and lenders to its own country. Arora had negotiated an agreement to invoice the company, Australian Finance Group (AFG),… Read More

FRIENDLY SKIES
A relationship with a good air freight forwarder is not a bad idea for new exporters but airlines also encourage shippers to contact them directly.

SWITCHING OFF AUTOPILOT

WHAT YOU NEED TO KNOW ABOUT SETTING UP YOUR AIR CARGO SHIPMENTS

Air cargo is the obvious transportation option if you need to get something somewhere fast. If you have a shipment that needs to be in Europe tomorrow, you’re not going to load it onto a ship. Besides its obvious applications in exigent circumstances, air cargo appeals to many shippers transporting high-value products that require security,… Read More

CONTINGENCY PLANS
Issues such as the 2015 West Coast ports slowdown will inevitably arise. Be sure you have a logistics partner with a track record of back-up planning.

BUILDING GLOBAL SUPPLY CHAINS WITH LOGISTICS PARTNERS

EASY AS 1… 2… 3PL

Albert Saphir, principal of ABS Consulting, was contacted not long ago to help with an international sourcing effort that could serve as an illustration on how not to do it. A company based in Jacksonville had found a Chinese manufacturer via Alibaba, the Chinese e-commerce platform, and ordered a container load of goods which it… Read More

Air cargo trade group expects more shipments of export cargo and import cargo in international trade.

5th annual AMERICA’S top CITIES FOR GLOBAL TRADE

THE SMALL AND LARGE CITIES WHERE SMALL TO LARGE GLOBALLY FOCUSED COMPANIES CAN THRIVE

Over the years, we here at Global Trade have gone out of our way to remind small, or smaller, business owners who believe the global marketplace is only for the multi-national crowd that 97 percent of all American exporting comes from the smaller business segment. Now, after putting together our most recent list of the… Read More

ALBUQUERQUE, NEW MEXICO 
Among promising developments in Albuquerque, the city is hoping that Virgin Galactic can eventually become the capital for space tourism.

top cities for global trade

15 to watch

ALBUQUERQUE, NEW MEXICO Population: 559,121 | Unemployment: 6.4 percent | Population Growth Since 2000: 448,607 to 559,121 City business officials say they are going to push to turn Albuquerque into a hub for national conventions based on an innovative past that included the atom bomb and a present and future tied to space tourism. The… Read More

TACOMA, WASHINGTON 
Public-private partnerships have helped deepen Tacoma’s talent pool and led to more jobs from local startups.

top cities for global trade

site selection assistance

CHARLOTTE, NORTH CAROLINA Population: 827,097 | Unemployment: 4.5 percent | Project: Tryon Place, Stonewall Corridor It’s hard to keep up with what’s going up in Charlotte, both in volume and scale. For instance, the Tryon Place project, slated for completion in 2018, will have more than 700,000 square feet of office space and 30,000 square… Read More

LOS ANGELES, CALIFORNIA 
More than $2 billion in investment flowed into L.A, in 2014, a 25 percent increase over the previous year.

Top cities for global trade

most innovative

CHARLESTON, SOUTH CAROLINA Population: 132,609 | Unemployment: 4.9 percent | Top University: College of Charleston Little more than two years ago, the Milken Institute ranked the Charleston region the ninth-best performing economy in the U.S. due in large part to a growing IT sector populated by the likes of Blackbaud, SPARC and CSS. Helping to… Read More

PITTSBURGH, PENNSYLVANIA  0
Pittsburgh is home to America’s ninth-ranked port, when including domestic trade.

Top cities for global trade

best infrastructure

AMARILLO, TEXAS Population: 198,645 | Unemployment: 2.8 percent | Key Infrastructure: BNSF Railway Complex Besides a busy freight train complex—BNSF alone serves more than 100 trains a day—and the Rick Husband International Airport, perhaps the most critical aspect of the local commercial landscape is Amarillo’s abundance of lenders. From traditional institutions to economic development organizations… Read More

SOUTH BEND, INDIANA 
South Bend is home to the University of Notre Dame (and efforts such as its Initiative for Global Development), a tradition-rich institution founded by French priests and built by Irish workers.

top cities for global trade

Global Vibe

ASHEVILLE, NORTH CAROLINA Population: 88,512 | Unemployment: 4.1 percent | Fortune 500 Companies: 0 From 1960 to well into the ’90s, Asheville’s population hovered around 60,000 but grew by 20,000 over the past 15 years as it gained an international rep for being the next Austin, Portland, et al. What attracts folks besides a burgeoning… Read More

NEW ORLEANS, LOUISIANA 
Through the efforts of organizations such as the World Trade Center, New Orleans, the city reached a record of $35 billion in exports in 2014.

Top Cities for global trade

export assistance

BUFFALO, NEW YORK Population: 258,071 | Unemployment: 4.5 percent | Closest Port: Port of Buffalo Though Buffalo shipped a respectable amount of exports last year ($4.8 billion), the state’s second largest city was responsible for only the third-highest export total, making up just 5 percent of the state total. Leaders in the city know they… Read More

ATLANTA, GEORGIA 
Atlanta is rare in the rare position of being a major city with a cost of living 2 percent below the national average.

Top Cities for global trade

Employee friendly

ATLANTA, GEORGIA Population: 463,878 | Unemployment: 5.3 percent | Median Home Price: $200,900 Atlanta has reasserted itself as a destination for professionals—its population grew 10 percent in the past five years—as the international hub offers the opportunity to work for top corporate players such as Coca-Cola, Delta and UPS, as well as hip outfits like… Read More

DETROIT, MICHIGAN 
Detroit’s comeback has been fueled by investments such as JP Morgan Chase, which pledged $100 million for projects such as small business development.

Top cities for global trade

emerging cities

BIRMINGHAM, ALABAMA Population: 212,461 | Unemployment: 6.0 percent | Population Growth Since 2010: 0.1 percent The former steel center of the South was forced to remodel its economic landscape and has gone about not only becoming a major force in construction and engineering—home to such prestigious firms as BE&K and Brasfield & Gorrie—but has become… Read More

SEATTLE, WASHINGTON 
Seattle has emerged as a leader in cloud computing and also employs 17 percent of all aerospace workers in the U.S.

Top cities for global trade

best workforce

ALBANY, NEW YORK Population: 98,469 | Unemployment: 3.9 percent | Leading Industries: Healthcare, Technology Albany’s Tech Valley has become something of a magnet for top talent. Started in 1998 as a way to promote Albany as a high-tech alternative to Silicon Valley and Boston, Tech Valley really took off in 2002 when SEMATECH decided to… Read More

BOSTON, MASSACHUSETTS 
Boston is the top-ranked startup hub in America, ahead of even Silicon Valley.

Top Cities for global trade

BEST BUSINESS ENVIRONMENT

AUSTIN, TEXAS Population: 931,830 | Unemployment: 2.9 percent | Sales Tax: 8.25 percent The energy and independent spirit that first brought Austin to national prominence for its music/film/art fuels its present evolution into one of the country’s hottest business centers. Yes, companies such as Dell, National Instruments and Roku have offices there, but Austin’s rise… Read More

WATCH THE ROADS
Consolidation savings are best achieved with early and accurate visibility into what is ready to ship in your network.

HOW SUPPLY CHAIN NETWORKS CAN OPTIMIZE GLOBAL FREIGHT

THE QUICKEST ROUTE TO SAVINGS

Optimizing freight in a domestic supply chain is a science that has been evolving for the past 20 years. Beyond truckload moves or your grandfather’s streamlined milk run the world of global freight has produced radically different methods of optimization. What follows are five “get rights” a company should consider when evaluating how to cut… Read More

COAL RUNNINGS
CSX’s Dean Piacente says the rail company’s average export move is around 800 miles, that its sweet spot is 550 miles or greater, but distances of 200 or 300 miles can pay off in the right circumstances.

WHEN TO BOOK RAIL SERVICE, AND HOW TO DO IT

THE LONG HAUL

The American railroad industry has a storied history, given the important role railroads played in the industrial development of the country. Exporters who ship their products to ports by rail have the opportunity to participate in that romance. Of course, that’s no reason to rely on the rails to deliver your containers to port. But… Read More

TRADE WARS
The Portuguese, owners of this cannon at a Gujarat, India, fort, dramatically changed the commercial system centered on the Indian Ocean when they arrived in the 1490s.

WHEN ASIA WAS THE WORLD ECONOMY

AND HOW THE PORTUGUESE CHALLENGED THE SYSTEM

Every schoolchild knows Columbus was looking for India when he stumbled upon the Americas. But the Portuguese actually reached India by sea in the 1490s. And while they did not overwhelm the societies they encountered as the Spanish did in the New World, they did help to undermine a vast commercial system centered on the… Read More

REVVING THE GAS
Port of Vancouver struck a deal for the establishment of a $210 million energy terminal capable of handling up to four trains with 100 to 120 cars carrying oil every day. (Photo: Port of Vancouver.)

NICHE PORTS ARE PUSHING FOR GROWTH

A RISE IN TIDE

A lot of nerves were frayed in February and March last year, as cargo piled up at West Coast ports owing to the standoff between labor and terminal operators that nearly paralyzed loading and unloading activities. While electronics and garments produced in Asia were stuck on vessels moored in sight of the ports, California oranges… Read More

YUSEN LOGISTICS INVESTS IN GERMAN SITE

Yusen Logistics says it significantly strengthened its logistics presence in Duisburg, Germany, in June by acquiring a new warehouse and expanding its storage capacity by nearly 94,000 square feet. The total storage capacity of the multi-warehouse site is now more than 667,000 square feet. The expanded Duisburg storage complex is located in the largest inland… Read More

how brexit may determine the presidential election

This election, same as all previous elections, is the “most important in history.” Maybe that’s true this time. The inheritance likely awaiting either Donald Trump or Hillary Clinton isn’t exactly a treasure trove of positivity: escalating war games with China and Russia, the divisive Trans Pacific Partnership (TPP) in a holding pattern, all manner of… Read More

SAVE YOUR BUSINESS
Latin America is expecting an uptick of 17 percent in business bankruptcies, which means it’s vital to insure your exports.

WHAT YOU NEED TO KNOW ABOUT TRADE CREDIT INSURANCE

It’s all about PAYMENT PROTECTION

Many exporters get so excited about winning new business overseas that they forget about the potential risks. The hazards they overlook may include business perils like not getting paid by distant scammers and political risks such as the installation of a new government that seizes shipments or won’t let money out the country easily. “They… Read More

MIX IT UP
The 4th annual Pharma & BioSciences Conference in Dubai gives attendees an opportunity to liaise with top industry experts.

Datebook

Global Trade August-September Issue

September 13 – 15 FTR TRANSPORTATION CONFERENCE 2016 Billed as “The Premier Forecasting Event of the Year,” this conference features two full days of content broken out into four channels: State of Freight; Shippers, Brokers & Carriers; Truck & Trailer Equipment; and Rail Equipment. “This year we will continue to bring together many of the… Read More

SUPPLYING TERMS
For manufacturers looking for 90-day terms for paying suppliers, programs such as the one offered by PrimeRevenue can be a win for every entity involved.

THE BENEFITS OF EXTENDING TERMS WITH SUPPLIERS

KEEPING CASH ON HAND

A few years ago, Whirlpool Corp. made a push to get extended payment terms from its vendor base. Instead of the prevailing 60-day terms, the Michigan-based appliance maker wanted to pay its suppliers in 90 days. The benefits of such an arrangement to Whirlpool are obvious, as is the pain it could cause to many… Read More

BUSINESS BANDITS
Company President Jerry Morey and International Sales Manager Felipe Tamayo led Bandit Industries through a global expansion that helped it win the Presidential “E” Award for Exports.

How Bandit Industries Recession-Proofed Its Mulching Machines

By Chipping Away At Global Markets They Were Able To Carve Out Big Profit

Everything about The Beast was big—from its more than 70,000-pound heft, to a 60 tooth cutter mill capable of grinding 800 yards of stumps and whole trees into mulch in an hour, to its half a million dollar price tag—so when it went down, it went down fast. Into the ocean, that is. International Sales… Read More

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AMERICA’S LEADING 3PLs

105 BEST THIRD-PARTY LOGISTICS PROVIDERS IN 10 NEEDS-BASED CATEGORIES

For the fourth year, we present you with 105 of America’s Leading 3PLs, a compilation of service providers in needs-based categories that we hope will guide you to those that can get you what you need—whether that’s cutting edge technology or a reliable partner in moving fruit. Whatever the task or specialty, what these companies… Read More

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Ice Cream Through the Ages, and Across Continents

As the World Churns

You know, there are a lot of similarities between beer and ice cream. One’s a delicious treat on a hot day that can nevertheless prove harmful if consumed too greatly or too quickly, and therefore should be monitored around children; the other is ice cream. There is another similarity: Both are ancient products experiencing increasing… Read More

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Site Selection Planning Guide, Pt. 2

A STATE-BY-STATE DIRECTORY OF THE NATION’S BEST ECONOMIC DEVELOPMENT OPPORTUNITIES, FROM MONTANA TO WYOMING

As exporters, the readers of Global Trade are stewards of businesses that grow faster than those concerned only with the domestic market. That growth, and the need to strategically position in areas nearer to the ports and airports that can access the global marketplace, means that exporters are going to have a greater, more frequent… Read More

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Why China Didn’t Rule the Waves

Woods, Winds, Shipbuilding, and Shipping

Quick—what were the largest ships in the pre-industrial world? Not the Spanish galleons that brought New World silver across the Atlantic; and not the British men o’ war that finally drove those galleons from the sea. Both were outclassed by the “treasure ships” made for the Chinese navy. First put afloat centuries before those European… Read More

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13 Logistics Industry Thought Leaders

Executives From Some of America’s Top 3PLs That Are Moving the Industry Forward

What does it mean to be a thought leader? The term has become common corporate-speak for just about anything involving advice on how to do business, but we set out to look for the executives who have ushered in new eras, quickly and creatively adapted to changing landscapes, and reinvigorated age-old challenges with innovative thinking… Read More

siteselection

SITE SELECTION PLANNING GUIDE, pt. 1

A State-by-State Directory of the Nation’s Best Economic Development Opportunities

As exporters, the readers of Global Trade are stewards of businesses that grow faster than those concerned only with the domestic market. That growth, and the need to strategically position in areas nearer to the ports and airports that can access the global marketplace, means that exporters are going to have a greater, more frequent… Read More

stopovers

Top 25 Business Class Airlines

Travel in Style The Next Time You Go See Your Global Partners

The 1960s—considered the “golden age of air travel”—may be long gone, but the 25 carriers below are bringing glamour back to the international skies. Whether you’re flying to Sydney, Seoul or somewhere in between, the following airlines offer business travelers five-star service: AIR CANADA International business class travelers can enjoy cuisine by renowned Canadian chef… Read More

pickport2016

Pick your port 2016

Picking a port isn’t as simple as going to the closest option. Sure, some ports can do it all, but many specialize in certain types of cargo and don’t offer service for other types. Perhaps you’ve negotiated great rail rates and can benefit from the on-dock rail option at a port that wouldn’t otherwise be… Read More

3PLs

Global logistics technologies aim to create better supply chain management

Will new tech really make the difference?

Industry events may seem to have become a form of collective memento mori for logistics professionals these days, as logistics conferences often contain at least one industry guru or IT wizard presenting the audience with a prediction that they will be swept aside by “disruptors”—those new technology outfits like Amazon or Uber that will surely… Read More

Arviem software increases visibility of shipments of export cargo and import cargo in international trade.

Cargo Monitoring to Decrease Food Waste

Arviem Providing Visibility to Nestlé Ecuador Products in Transit

Arviem AG‘s real-time cargo monitoring service will be supporting Nestlé Ecuador’s cargo shipments. The service will enable Nestlé Ecuador to verify the quality of its products while in-transit. Thanks to the smart data and insights provided by Arviem’s internet-of-things technology-based sensing devices, Nestlé Ecuador will be able to gain visibility to the journey of its… Read More


STRENGTH IN NUMBERS
The cochineal bugs were the secret to some of the most vibrant dyes in the world—but it took roughly 70,000 dead bugs to make a pound of cochineal.















































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