January 9 – 11
NORTHWEST FOOD & BEVERAGE WORLD 2017
This event incorporates leading-edge educational sessions with the largest regional trade show in the industry, attracting industry decision-makers
INDIAN BANK NOTES
Currency, of course, is the oxygen of any financial ecosystem. And there again India’s rapid development and growth have the country gagging, especially
We’ve written lots of stories about how growth in a particular industry will many times fuel improvements in the methods that industry uses to ship itsSteve Lowery 12:01 PM 12/19/2016
When it comes to software designed to streamline supply chains, there’s old global trade management, and then there’s the new.
The old school global trade management (GTM)
It’s been said that New York City is America’s business capital, but now that President-elect Trump is heading to the White House, look for that monikerDrew Lawler 11:05 AM 12/8/2016
Some people who have worked hard their entire life retreat to the golf course or get themselves a little beach cottage and park themselves on theDrew Lawler 10:11 AM 12/8/2016
With the new year fast approaching and bringing with it the Trump era, global traders have much to consider while preparing for changes in 2017 andPatrick Dooley 3:54 PM 12/7/2016
Are you thinking about operating your own warehouse? If you’re new to exporting that’s probably not the best idea. But keep that thought in mind forPeter Buxbaum 3:41 PM 12/7/2016
When it comes to carriers, the drayage industry tends to run a little differently. The majority of drayage carriers are actually contracted owner/operators rather than employees.Ryan Dromgoole 3:27 PM 12/7/2016
In mid-September, Schneider National announced that it had obtained the green light for streamlined Customs clearance for select commodities moving to Mexico at Kansas City SouthernIan Putzger 3:21 PM 12/7/2016
It was the classic shipper’s nightmare of an overseas shipment gone wrong. Albert Saphir, president of logistics consulting and training firm ABS Consulting, recalls the caseIan Putzger 2:35 PM 12/7/2016
Here’s one way to get your 3PL to provide a service you need: Ask.
Third-party logistics providers will tell you that the development of many of their
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
It’s a great time to be an exporter. The recent American Express Grow Global Survey found that 80 percent of U.S. businesses with $250,000 to $1Elaine Pofeldt 11:20 AM 12/6/2016
To understand what goes into making Combustion Associates Inc. the “poster child” for small companies that export in a big way, how they went from outsiderSteve Lowery 10:34 AM 12/6/2016
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 wereGT Staff 10:37 AM 10/19/2016
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 newGT Staff 1:03 PM 10/10/2016
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 licenseElaine Pofeldt 12:26 PM 10/10/2016
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 EuropeGT Staff 11:40 AM 9/29/2016
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 howIan Putzger 11:32 AM 9/29/2016
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 marketplaceSteve Lowery 3:51 PM 9/27/2016
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
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
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
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—andSteve Lowery 12:54 PM 9/27/2016
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
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),
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
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
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
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/artSteve Lowery 10:42 AM 9/27/2016
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 streamlinedGT Staff 8:00 AM 8/3/2016
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 productsPeter Buxbaum 8:00 AM 8/3/2016
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. AndKenneth Pomeranz 8:00 AM 8/2/2016
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 laborIan Putzger 8:00 AM 8/2/2016
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 nearlyGT Staff 8:00 AM 8/1/2016
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 orPatrick Dooley 8:00 AM 8/1/2016
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 likeElaine Pofeldt 8:00 AM 8/1/2016
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
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-basedPeter Buxbaum 11:50 AM 7/29/2016
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 wholeSteve Lowery 10:29 AM 7/29/2016
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 guideSteve Lowery 2:17 PM 7/26/2016
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 harmfulSteve Lowery 2:28 PM 6/13/2016
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 theSteve Lowery, Keri Forsythe-Stephens & Peter Buxbaum 10:52 AM 6/13/2016
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 menKenneth Pomeranz 2:48 PM 6/11/2016
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,Matt Coker 10:03 AM 6/10/2016
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 theGT Staff 11:25 AM 4/7/2016
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’reGT Staff 4:00 PM 4/6/2016
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 ofGT Staff 3:26 PM 4/6/2016
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 oneIan Putzger 5:49 PM 4/5/2016
Advances in technology and changing trade patterns are affecting opportunities for export-led manufacturing. Smart automation, advanced robotics, and 3D printing are new factors influencing which locationsGT Staff 6:00 AM 9/20/2017
International transport and logistics executives using container shipping are facing the biggest shift in their ocean provider base for 20 years and must adapt their procurementDrewry 12:31 AM 9/20/2017
Not every country can go it alone. Trained personnel, equipment, and assets must be deployed to conduct rescue missions, provide relief to victims, and assist withAndrea Durkin 12:24 AM 9/20/2017
Qatar Airways Cargo carried over 100 tons of garments in collaboration with one of its major customers, EFL (Expo Freight), headquartered in Colombo, Sri Lanka, earlyGT Staff 12:04 AM 9/20/2017
C.H. Robinson’s revolutionary new supply chain technology may not have been able to stop this summer’s hurricanes from slamming Texas and Florida, but it would haveGT Staff 12:01 AM 9/20/2017
In the wake of Hurricane Irma‘s destructive path through the Caribbean, the Federal Aviation Administration (FAA) is supporting storm recovery efforts in the US Virgin IslandsGT Staff 6:10 AM 9/19/2017
On the heels of the first construction contract for the Charleston Harbor Deepening Project being awarded by the U.S. Army Corps of Engineers (USACE), South CarolinaGT Staff 12:33 AM 9/19/2017
US Secretary of Commerce Wilbur Ross has announced the initiation of new antidumping duty (AD) and countervailing duty (CVD) investigations to determine whether imports of titaniumPeter Buxbaum 12:20 AM 9/19/2017
United States Trade Representative Robert Lighthizer has announced an out-of-cycle review (OCR) of Thailand’s Special 301 status due to positive steps the country has taken regardingPeter Buxbaum 12:11 AM 9/19/2017
We’ve all spent too much time in traffic jams. Commuters in Los Angeles spent over 100 hours in traffic in 2016. Collectively, Americans spent eight billionBruce Hirsh 12:04 AM 9/19/2017
The Freight Transportation Services Index (TSI), which is based on the amount of freight carried by the for-hire transportation industry, reached an all-time high in July,GT Staff 12:49 AM 9/18/2017
The compliance deadline for the General Data Protection Regulation (GDPR)—the EU’s comprehensive data protection regulation—looms ever-closer and the world of IT is still struggling to executeChris Lewis 12:23 AM 9/18/2017
For companies doing business in Eastern Europe, the outlook looks positive on the surface. Countries in the region are seeing their economies improve, thanks to increasedDoug Collins 12:10 AM 9/18/2017
Damon Claus formerly led global sales at 4moms, the Pittsburgh, Pennsylvania-based maker of technology-enabled baby gear such as infant tubs, swings and car seats. After helpingMatt Coker 12:02 AM 9/18/2017
What is the biggest challenge facing CIOs in the logistics industry?
Cyberterrorism and finding qualified, experienced staff are the biggest challenges. We are spending a substantial amount
Spurred by rising consumer expectations and ecommerce giants like Amazon reimagining order fulfillment, retail warehouse managers are under pressure to achieve more than ever before.
Few people doubt that we need a new energy system: new power sources and new kinds of engines to go with them. That still leaves plentyKenneth Pomeranz 12:47 AM 9/16/2017
Florida ports are back open after several days of cleanup following Hurricane Irma, but some ports are still experiencing some restrictions.
Irma slammed into Florida on Sunday
A new report estimates that the global commercial drone market will more than triple by 2024. The report, which examines the commercial drone market by productGT Staff 12:31 AM 9/15/2017
Logistics technology is moving forward at breakneck speed; in what aspects of logistics operations and sales do you believe technology will have the most impact overFreightos 12:23 AM 9/15/2017
In policy wonk circles, there is a something of a knee-jerk reaction to a Trump proposal. The president proposed it, ergo it is a bad idea.Richard Reeves and Katherine Guyot 12:12 AM 9/15/2017
A new UNCTAD report sees the threat to good jobs spreading to some developing countries but points to the real challenges lying ahead. The report recommendsGT Staff 12:01 AM 9/15/2017
With the global economy stubbornly stuck in second gear, UNCTAD’s Trade and Development Report—released today—sets out an ambitious alternative policy route to build more inclusive andPeter Buxbaum 10:01 AM 9/14/2017
A report released this week by the American Institute for International Steel concludes that restrictions on iron and steel imports, as is being contemplated by thePeter Buxbaum 12:45 AM 9/14/2017
US Secretary of Commerce Wilbur Ross has announced the affirmative preliminary determinations in the antidumping duty (AD) investigations of carbon and alloy steel wire rod fromGT Staff 12:39 AM 9/14/2017
Since 1992, Canadian financial institutions, regulated by the Canadian Bank Act, have had the ability to recommend and promote export receivables insurance to their commercial bankingGT Staff 12:31 AM 9/14/2017
In the wake of the first round of NAFTA renegotiation talks and with a possible reopening of the US-Korea Free Trade Agreement on the horizon, theJennifer Mason and Mireya Solis 12:09 AM 9/14/2017
China maintains a network of prison labor facilities that use forced labor to produce goods for export, according to a report recently released by the US-ChinaPeter Buxbaum 7:35 AM 9/13/2017
US Secretary of Commerce Wilbur Ross has announced the affirmative preliminary determinations in the countervailing duty (CVD) investigations, finding that exporters of biodiesel from Argentina andGT Staff 12:33 AM 9/13/2017
Oxigen USA, Inc. has partnered with Associated Foreign Exchange (AFEX) to provide US businesses transferring money to India with a service superior to what banks offer.
US Secretary of Commerce Wilbur Ross has announced the initiation of new antidumping duty (AD) and countervailing duty (CVD) investigations to determine whether imports of stainlessGT Staff 12:01 AM 9/13/2017
Oct. 23-25 and Nov. 13-15
Transportation & Logistics Council Seminars
Gerard F. Smith presents Seminar No. 1 on “Freight Claims in Plain English.” Raymond A. Selvaggio covers “Contracting
Where would the United States be without its Free Trade Agreements (FTAs)? The short answer is left behind. We will explain.
But first, let’s take a look
The Port of Virginia experienced the most productive August in its history, moving 240,605 TEU, a 2.2 percent increase when compared with the same month lastGT Staff 12:31 AM 9/12/2017
CSX began operations at its new Pittsburgh intermodal rail terminal, located in McKees Rocks, Pennsylvania, last week.
The facility provides shippers a new transportation option to move
In the study, “Trade Liberalization and Regional Dynamics,” Brian Kovak of Carnegie Mellon University’s Heinz College and Rafael Dix-Carneiro of Duke University examine how Brazil’s localPeter Buxbaum 12:10 AM 9/12/2017
The following Q&A about Golden Week was provided by the freight forwarder Flexport.
When is Golden Week?
The National Day is held annually on October 1, to celebrate
On September 8, in recognition of the severity of Hurricanes Harvey and Irma, Department of Homeland Security Acting Secretary Elaine Duke approved a waiver of thePeter Buxbaum 5:58 AM 9/11/2017
On August 25, 2017, US President Donald Trump issued an executive order (EO) limiting the government of Venezuela’s ability to access certain types of international financing.Dentons 12:37 AM 9/11/2017
Right now, currency markets are assuming smooth sailing toward a renegotiated NAFTA, despite President Donald Trump’s threat, as recently as August 28, that he would likelyPeter Buxbaum 12:24 AM 9/11/2017
Ports America’s Port Newark Auto Terminal (PNAT) has purchased a mobile ro-ro operations labor training simulator, which prepares drivers for a variety of ro-ro vessel scenariosGT Staff 12:10 AM 9/11/2017
In an effort to attract more foreign direct investment (FDI), on China’s State Council last month issued a series of measures designed to improve China’s businessPeter Buxbaum 12:03 AM 9/11/2017
OK, so, you have booked your 15+ hour flight in business or first class to somewhere far away and you are en route to the airport.Brad Dwan 12:04 AM 9/10/2017
Entering new markets is exciting, filled with new opportunities, fresh starts and hopefully an endless new customer list. Whether establishing a physical location, using third partiesAnne van de Heetkamp 12:01 AM 9/9/2017
The United States Department of Transportation today announced this week the opportunity for state and local stakeholders to apply for $500 million in discretionary grant fundingGT Staff 8:43 AM 9/8/2017
Hyundai Merchant Marine, with other members of a shipping and logistics blockchain consortium, conducted its first pilot voyage from Korea to China with reefer containers fromGT Staff 12:30 AM 9/8/2017
In July, the United States goods trade deficit with China rose 10.6 percent year-on-year to reach $33.6 billion, a three-percent increase over June, according to aPeter Buxbaum 12:22 AM 9/8/2017
The value of US distilled spirits exports rose a robust 10.6 percent—up more than $67 million—to a total of $698.5 million in the first half ofPeter Buxbaum 12:12 AM 9/8/2017
Ohio’s manufacturing sector once dominated the state’s economy and employed more than half its workforce. That was in the 1940s, when the sector was supplying thePeter Buxbaum 12:01 AM 9/8/2017
Throughout his campaign and into his presidency, President Trump has promised to implement new immigration policies that will help improve the US economy and job market.
Owning and operating a small business is a challenging and task-intensive affair in today’s highly competitive market. Fortunately, IT applications make many of the operational aspectsSujain Thomas 12:18 AM 9/7/2017
With a population of just over 133,000, Visalia, California, isn’t what many would call a big city. Located halfway between Fresno and Bakersfield, Visalia may seemTaylor Schachter 12:01 AM 9/7/2017
Fourteen racehorses bred in Hungary were flown to China earlier this month, on board a Cargolux Boeing 747. The Friesian and Shagya Arabian horses, trained specificallyGT Staff 12:01 AM 9/7/2017
Maybe it’s President Donald Trump’s criticisms and threats, but representatives of the United States, Canada, and Mexico say they’re making progress toward a renegotiated North AmericanPeter Buxbaum 10:45 AM 9/6/2017
US Secretary of Commerce Wilbur Ross announced last week the initiation of new antidumping duty (AD) and countervailing duty (CVD) investigations to determine whether imports ofPeter Buxbaum 12:30 AM 9/6/2017
Ten years ago, in June 2007, ABM Greiffenberger Antriebstechnik GmbH founded its subsidiary ABM Drives Suzhou Co. Ltd. in the Chinese city of Suzhou, near Shanghai—andGT Staff 12:21 AM 9/6/2017
Honolulu-based Pasha Hawaii has announced that two more ships will be joining its fleet which provides service to the Hawaii/Mainland trade lane.
The two new liquefied natural
Groupe Renault is announcing the signature of a joint venture agreement with the Industrial Development & Renovation Organization of Iran (IDRO) and PARTO NEGIN NASEH Co,GT Staff 12:01 AM 9/6/2017
Logistics firm DHL Global Forwarding put GSM-based 24/7 monitoring capability for temperature-sensitive shipments for the life sciences and healthcare industry on the water last year whenIan Putzger 12:01 AM 9/6/2017
President Donald Trump is reportedly considering canceling the US-Korea Free Trade Agreement. This, as North Korea has apparently detonated a sixth nuclear weapon, and the UnitedPeter Buxbaum 6:59 AM 9/5/2017
Two of the world’s foremost experts on supply chain risk management, predicted that the global supply chain impact of Hurricane Harvey will be unprecedented, widespread andGT Staff 5:58 AM 9/5/2017
Best known as the platform for cryptocurrencies like Bitcoin, blockchain technology allows transactions to be validated without the use of a centralized database. This innovation holdsPeter Buxbaum 12:42 AM 9/5/2017
Ingram Micro Commerce & Fulfillment, a strategic business unit of Ingram Micro Inc., announced the launch of Prime Fulfillment by Ingram Micro Commerce & Fulfillment. TheGT Staff 12:11 AM 9/5/2017
As the United Kingdom leaves the European Union it must also depart the EU Customs Union, which open only to members. The UK government has releasedPeter Buxbaum 12:04 AM 9/5/2017
In July 2017, President Trump announced Made in America week to showcase US-produced goods from all 50 states. In fact, advocating for US-produced goods has beenJoseph Parilla and Nick Marchio 12:44 AM 9/4/2017
Despite a potential clash between Mexico and the United States on a new North American Free Trade Agreement (NAFTA) and tougher immigration enforcement, US and MexicanRichard Miles 12:31 AM 9/4/2017
US Trade Representative Robert Lighthizer met with Japanese Foreign Minister Taro Kono for wide-ranging discussions on strengthening and advancing bilateral trade and economic relations.
They discussed work
While most of this summer’s news from Capitol Hill has centered around health care, North Korea, and the investigation into the Trump campaign’s Russia ties, theAmanda Waldron 12:11 AM 9/4/2017
Sleek Fleet LLC has launched its web- and mobile-enabled freight marketplace solution designed to directly connect owner operators with loads from the world’s largest shippers.
DSCO, a supply chain intelligence company, has announced a partnership with Shippo, an enterprise shipping software company, through which Shippo’s shipping carrier data will be combinedGT Staff 12:59 AM 9/3/2017
US Secretary of Commerce Wilbur Ross announced the initiation of new antidumping duty (AD) and countervailing duty (CVD) investigations to determine whether imports of ripe olivesGT Staff 12:53 AM 9/2/2017
Geographic location plays an important role in international trade, a fact that makes it challenging for landlocked countries to significantly grow trade. Location impacts how easilyKemi Arosanyin 2:09 AM 9/1/2017
US Department of Agriculture Secretary Sonny Perdue and US Trade Representative Robert Lighthizer have announced an agreement with the government of Colombia to allow for expandedPeter Buxbaum 1:38 AM 9/1/2017
HSBC, a leading trade finance bank, is working with IBM to develop a cognitive intelligence solution combining optical character recognition with advanced robotics to make globalGT Staff 1:00 AM 9/1/2017
The Federal Maritime Commission has completed compromise agreements recovering a total of $925,000 in civil penalties with eight non-vessel-operating common carriers (NVOCCs) and an unlicensed entity.
American wine exports reached a record $1.62 billion in 2016, with a volume of 412.7 liters or 45.9 million cases.
Now, when we say “American wine,”
The North American Free Trade Agreement was the first in US history to slash trade barriers between a wealthy country and a much poorer one. ThisEdward Alden 2:09 AM 8/31/2017
Computer users in New Hampshire were three times as likely to get a malware infection on their computers compared to the rest of the country. That’sPeter Buxbaum 12:41 AM 8/31/2017
Hub Group, a multimodal transportation solutions provider, announced today that it has launched Hub Group Connect, a tracking tool designed to provide customers with shipment visibilityGT Staff 12:22 AM 8/31/2017
Obtaining visualization into the company’s end-to-end supply chain is a topic on the forefront of supply-chain management professionals’ to-do list. The ability to visualize, simulate, forecastJeff Atkins 12:03 AM 8/31/2017
Kansas City Southern president and CEO Patrick J. Ottensmeyer joined officials representing the US Customs and Border Protection (CBP) and Mexican Customs (SAT) in the dedicationGT Staff 2:04 AM 8/30/2017
Maersk Line posted a profit of $339 million in the second quarter of 2017, a much better result than the $151 million loss the carrier postedPeter Buxbaum 1:26 AM 8/30/2017
The General Data Protection Regulation (GDPR), the EU’s comprehensive data protection regulation, comes into effect in nine months.
The measure includes the possibility of massive fines for
A second round of NAFTA renegotiation talks will convene in Mexico September 1, the first round having been completed in mid-August in Washington. The second roundPeter Buxbaum 12:43 AM 8/30/2017
Foreign firms looking to do business in Florida or the greater eastern US have a clear alternative in Polk County.
Ideally situated along the I-4 corridor between
The North American Free Trade Agreement (NAFTA) between the United States, Mexico, and Canada, entered into force in 1994 is to be renegotiated. Talks began earlierPhilip Sutter 1:55 AM 8/29/2017
As one of the most critical links in the global supply chain, shipping is often considered the lifeblood of the global economy, which makes a cyberMichael Bahar and Trevor Satnick 12:31 AM 8/29/2017
The Trump administration announced an investigation into Chinese actions to coerce the transfer of intellectual property from American companies and individuals, as well as steal itDerek Scissors 12:22 AM 8/29/2017
Automation in manufacturing has created an employment paradox: robots and computers have automated many routine tasks in recent decades, while new jobs in sectors like manufacturingJack Karsten and Darrell West 12:20 AM 8/29/2017
When is an air cargo company not just an air cargo company? When it has the capabilities to provide a comprehensive set of logistics solutions–in theKatie Kuehner-Hebert 12:02 AM 8/29/2017
The modern supply chain is becoming more complex by the day. Businesses continue to struggle with keeping their supply chain under control but hidden risks stillMichael Womack 1:43 AM 8/28/2017
Digital Transformation (DT) is coming of age. In the recent Digital Change Survey commissioned by IFS covering 750 professionals across a range of industries, 80 percentAntony Bourne 1:22 AM 8/28/2017
China competes unfairly in international trade, it has long-standing policies to extract intellectual property (IP) from Western companies, and its companies often show scant respect forJames Andrew Lewis 1:05 AM 8/28/2017
Prime Distribution Services, an Ascent Global Logistics company, has finalized the implementation of cloud-based HighJump Enterprise Warehouse Management System (WMS) to support the future needs ofGT Staff 1:02 AM 8/28/2017
Euroconsol, a neutral global NVOCC and freight consolidator, has announced a new, direct less than container load and full container load Silk Road import rail serviceGT Staff 12:44 AM 8/28/2017
As global trade and manufacturing continue to expand, US states that have port access, skilled talent and industrial space are poised to thrive. Home to oneCraig Guillot 12:21 AM 8/28/2017
The economies of Central and Eastern Europe (CEE)—Poland, the Czech Republic, Slovakia, Hungary and Romania—have a good deal in common but also areas where they diverge.Peter Buxbaum 12:04 AM 8/27/2017
Entering new markets is exciting, filled with new opportunities, fresh starts, and hopefully an endless new customer list. Whether establishing a physical location, using third parties,Anne van de Heetkamp 12:50 AM 8/26/2017
It’s one thing to manage a successful business, but it’s another to successfully market it. For companies in the transportation and logistics marketplace, attracting new customersMark Schmukler 12:43 AM 8/25/2017
The United States and China entered July’s Comprehensive Economic Dialogue with wildly diverging agendas and goals. The US wanted to achieve some concrete progress on reducingGT Staff 12:20 AM 8/25/2017
The Port of Virginia has signed a contract for the purchase of four new ship-to-shore cranes that are part of the $320 million expansion of VirginiaGT Staff 12:01 AM 8/25/2017
Many Americans see the North American Free Trade Agreement (NAFTA) as a contributing factor to the growth of the US economy over the past 20 yearsGT Staff 1:15 AM 8/24/2017
The South Carolina Ports Authority announced 2017 container volume increases of 13 percent and the strongest July on record.
Since the calendar year began, SCPA has handled
In June, the Port of Toledo announced that it had reeled in a big fish. Cliffs Natural Resources, a large mining and natural resources firm, isIan Putzger 12:20 AM 8/24/2017
The economic stagnation from low oil prices is affecting liquidity conditions across Gulf Cooperation Council (GCC) countries, according to a study released by global credit insurerCoface 12:02 AM 8/24/2017
We all know that President Donald Trump campaigned against NAFTA in the lead-up to last November’s election, calling it “the worst trade deal ever.” Even afterPeter Buxbaum 7:07 AM 8/23/2017
July container volumes at the Port of Los Angeles climbed by 16 percent compared to July 2016 volumes. Almost 800,000 TEU came through the port, thePeter Buxbaum 1:06 AM 8/23/2017
Seven companies located throughout Virginia are recipients of grant money from The Port of Virginia Economic and Infrastructure Development Grant Program. The program is designed toGT Staff 12:41 AM 8/23/2017
Chain Business Insights, an independent research firm focused on the application of blockchain in supply chain management and trade finance, has published its latest research brief.GT Staff 12:24 AM 8/23/2017
Having fueled smog and pollution around the globe since the advent of the modern shipping industry, ports haven’t had the best environmental reputations. Yet stewardship, publicCraig Guillot 12:03 AM 8/23/2017
A group of leading companies across the global food supply chain announced today a major blockchain collaboration with IBM intended to further strengthen consumer confidence inGT Staff 10:03 AM 8/22/2017
That was quick, but not surprising. Just a week after President Donald Trump requested that US Trade Representative Robert Lighthizer look into the possibility of anPeter Buxbaum 2:08 AM 8/22/2017
When you have a growing company, you’re always looking for ways to save money on supply chain operations. Freight management is a complex part of supplyArt Nourot 1:01 AM 8/22/2017
The distribution of fruit and vegetables require cost-efficient, robust and reliable load carriers. At Fruit Attraction (October 18 – 20 in Madrid), Cabka-IPS will be presentingGT Staff 12:41 AM 8/22/2017
One year after the opening of the Panama Canal expansion, East Coast ports are receiving some of the largest ships to ever call in the region.Craig Guillot 12:21 AM 8/22/2017
Emergency logistics specialist Evolution Time Critical has further expanded its North American office. Since its Atlanta, Georgia, control center was established late last year, early demandGT Staff 12:02 AM 8/22/2017
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 technologyMichael Womack 1:40 AM 8/21/2017
The Trump administration has engaged China on North Korea and trade—without the results President Donald Trump was expecting—and has secured buy-in from the Chinese leadership forPeter Buxbaum 1:24 AM 8/21/2017
The shipping industry hasn’t always had the best environmental reputation. Yet stewardship, public perception and new regulations have driven many shipping companies and ports to significantlyCraig Guillot 1:02 AM 8/21/2017
Cowboy hats, fire trucks and baseball bats – these were the products put on display at the White House during the newly proclaimed Made in AmericaConnor DiGregorio 12:41 AM 8/21/2017
Dürr Systems has taken another step forward in its ambition to become a global leader in the realm of digitization. The company now uses the ITGT Staff 12:23 AM 8/21/2017
This article, the third in a three-part series, discusses scalability and future-proofing, and wraps up with a site selection success story.
When building a manufacturing facility, getting
Earlier this summer, the announcement came that Utah-based Nu Skin, a manufacturer of beauty and wellness solutions, had selected XPO Logistics to be its lead globalSteve Lowery 1:11 AM 8/20/2017
Fifty years ago, three Americans worked in manufacturing for every person who worked in retailing; today retailing jobs outnumber manufacturing ones. The largest American company, Walmart,Kenneth Pomeranz 12:58 AM 8/19/2017
Nearly every industry on the planet is undergoing transformation. Disruptive pressures and heightened customer expectations – mostly driven by technology innovation – have pushed businesses everywhereAdam Compain 1:40 AM 8/18/2017
Coface’s annual survey traces the evolution of corporate payments in eight countries and 11 sectors in the Asia Pacific (APAC) region. The survey was conducted inCoface 12:21 AM 8/18/2017
A COUPLE OF QUESTIONS FOR …
CHRIS BALTZTRANSPORTATION INSIGHT PRESIDENT AND CEO
When you look to the year ahead for your company, what excites you most?
“I know we all agree that NAFTA needs updating. This is a 23 year-old agreement and our economies are very different than they were in thePeter Buxbaum 6:11 AM 8/17/2017
It’s a measure of the quickly growing/changing/evolving global marketplace that arguably the most critical industry serving it, third party logistic providers (3PLs), continues to grow, change
The Port of Virginia moved 234,230 twenty-foot equivalent units (TEUs) in July, which is growth of 7.5 percent when compared with the same month last year andGT Staff 12:21 AM 8/17/2017
The United States and Cambodia met last week under their Trade and Investment Framework Agreement (TIFA) to discuss ways to further expand trade and investment betweenGT Staff 12:01 AM 8/17/2017
UPS will start training student delivery drivers to spot and identify road hazards using virtual reality (VR) headsets that simulate the experience of driving on cityGT Staff 1:08 AM 8/16/2017
“It’s morning again―for auto manufacturing in America,” begins the narrator as music plays from President Ronald Reagan’s famous 1984 re-election campaign advertisement. Morning in America 2.0Matt Coker 12:40 AM 8/16/2017
Amid the Washington political drama of late, a bipartisan report of the US Department of Energy’s fiscal year 2018 budget got lost in the shuffle. ThePeter Buxbaum 12:22 AM 8/16/2017
Having been dormant for over 18 months the containership orderbook could be about to jolt back to life as CMA CGM is reportedly on the vergeDrewry 12:01 AM 8/16/2017
President Donald Trump signed an executive order today which he claims will streamline processes for building infrastructure in the United States. Flanked by Secretary of TransportationPeter Buxbaum 1:38 PM 8/15/2017
President Donald Trump signed another presidential memorandum yesterday, this one relating to trade with China. It’s the latest in a series of trade-related presidential actions, whichPeter Buxbaum 6:30 AM 8/15/2017
The National Oceanic and Atmospheric Administration (NOAA) issued the scheduled update for its 2017 hurricane season outlook. Forecasters are now predicting a higher likelihood of anPeter Buxbaum 1:30 AM 8/15/2017
The chief executives of UPS and FedEx authored a joint op-ed published in the Wall Street Journal calling for the Trump administration to make good onPeter Buxbaum 1:21 AM 8/15/2017
Israel’s P.Z. Projects is launching a software platform that enables registering transactions between companies active in the global natural gas sector. Developed over two-years, the platformGT Staff 12:44 AM 8/15/2017
Uncertainty about trade policy bleeds into this issue. What’s that? You want specifics? Here you go:
Uncertain American trade policy is key to our lead Trending
The bankruptcy of South Korean shipping company Hanjin Shipping is costing creditors over $10 billion.
That’s because the bankruptcy trustee in Seoul has raised about $220 million,
Parties to THE Alliance Agreement filed an amendment with the Federal Maritime Commission on August 7, seeking authority to contribute funds to a contingency fund designedPeter Buxbaum 7:08 AM 8/14/2017
The Freight Transportation Services Index (TSI), which is based on the amount of freight carried by the for-hire transportation industry in the United States, fell 0.8Peter Buxbaum 1:35 AM 8/14/2017
Organizations in the United Kingdom that fail to implement effective cyber security measures could be fined as much as £17 million or four per cent ofPeter Buxbaum 1:05 AM 8/14/2017
The supply chain is evolving. Without adapting to the latest tools and technology, your business will be left behind. Businesses are constantly looking for the nextMichael Womack 12:41 AM 8/14/2017
This second in a three-part series examines the importance of existing conditions on a given site, as well as environmental and regulatory conditions.
A site visit is
Odessa—the hub for commerce in West Texas—has the infrastructure, skilled workforce and business spirit to help companies thrive. No wonder that Odessa is one of theKatie Kuehner-Hebert 12:02 AM 8/14/2017
Manufacturers wanting a favorable business climate should look no farther than Michigan.
The Wolverine State has no personal property tax, significantly reducing costs for companies that have
Businesses considering expanding or relocating to Indiana or southeastern Illinois can get a boost from Hoosier Energy Economic Development, which is one of the Midwest’s leadingKatie Kuehner-Hebert 1:21 AM 8/12/2017
Rail, or intermodal, transport is fast becoming the shipping mode of choice for many businesses – specifically as an alternative to truckload. This is largely inAndrew Lynch 1:47 AM 8/11/2017
The United States Patent and Trademark Office has granted a patent to Resilinc Corporation for its methodology for analyzing supply chain vulnerability metrics. Those metrics includePeter Buxbaum 12:18 AM 8/11/2017
The CEO of an international chemical company is at a crossroads. One path leads right back to where the company was founded: Canada. The other pointsMatt Coker 12:06 AM 8/11/2017
In the United States, the bulk of commuters are far from dependent on the country’s vast railway network to get around. However, rail has proved usefulMarcus Turner Jones 12:01 AM 8/11/2017
Most buying organizations of any significant size will tell you that proper management of the supply chain is vital to the overall health – and survivalErnie Martin 1:33 AM 8/10/2017
Highly trained stevedores at JAXPORT recently moved a 108,000-pound generator bound for a manufacturing plant in the Midwest through the port’s Talleyrand Marine Terminal.
The machinery, which
Imagine you want to explain the world to your children in very simple terms. One way would be to organize the world around four income groups:Wolfgang Fengler and Homi Kharas 12:22 AM 8/10/2017
Like so many others, Harley-Davidson has found itself inside the Trump vortex, the social phenomenon in which news becomes a swirl of entertainment, opinion, and super-heatedWill Swaim 12:04 AM 8/10/2017
The US Department of Commerce issued preliminary countervailing duty determinations yesterday on products from China, Australia, Brazil, and Kazakhstan.
Secretary of Commerce Wilbur Ross announced an affirmative
CaroTrans, a leading global neutral NVOCC (non-vessel operating common carrier) and ocean freight consolidator, announced this week the launch of its freight management mobile app.
A federal court in Australia convicted Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK) of criminal cartel conduct last week and ordered it to pay aPeter Buxbaum 12:40 AM 8/9/2017
In endorsing a newly proposed bill, President Trump claims that legal immigration levels should be cut in half and that greater priority should be placed onWilliam Frey 12:24 AM 8/9/2017
Tokyo International Gift Show
American products are hot commodities at the largest trade fair in Japan, which last year saw 350,000 visitors from 20+ countries.
United States Trade Representative Robert Lighthizer is leading the US delegation at the 2017 African Growth and Opportunity Act (AGOA) Forum, being held August 8 toPeter Buxbaum 12:01 AM 8/9/2017
Unless you’ve been hiding under a rock or you’re one of today’s lucky 10,000 to be hearing about it for the first time, the EU GeneralChris Lewis 6:55 AM 8/8/2017
The emergence of the Internet of Things (IoT) and workers’ need for real-time data, monitoring and tracking are boosting the development of wearable technologies for theGT Staff 1:20 AM 8/8/2017
Income inequality has been touted as a political issue in the United States and elsewhere. But according to a recent report from Alix Partners, it alsoPeter Buxbaum 12:42 AM 8/8/2017
Airlines are continuing to enter joint agreements when it comes to handling cargo across borders. In June, Atlanta-based Delta Air Lines Cargo and Mexico City-based GrupoGT Staff 12:25 AM 8/8/2017
The Korea Shipowners’ Association has engineered a consortium among South Korea’s 14 container carriers. A memorandum of understanding to create the Korea Shipping Partnership (KSP) wasPeter Buxbaum 12:01 AM 8/8/2017
The first in a three-part series on site selection, this article examines the importance of comparing existing structures to greenfield locations.
New manufacturing facilities represent a significant
The Trump administration is reportedly deliberating imposing a set of economic measures to punish China. The timing is telling: It suggests that the Trump administration isDavid Dollar and Ryan Hass 1:34 AM 8/7/2017
It was always a longshot that ordinary American workers would gain from business tax reform. Facing global competition to attract business investment and profits, the consensusAdam Looney 1:00 AM 8/7/2017
Global credit insurer Coface released a report outlining possible outcomes of US trade policies for the region, focusing on exchange rate, trade and investment. Uncertainty regardingCoface 12:41 AM 8/7/2017
The path towards oligopolization in container shipping took another step forward with the proposed $6.3 billion sale of Hong Kong-based Orient Overseas International Ltd. (OOIL) toDrewry 12:21 AM 8/7/2017
Legislation defining the future of health insurance in the United States keeps on rising from the dead despite the lack of evidence any proposal being putPeter Buxbaum 12:02 AM 8/7/2017
When Aksel Sidem and his two business partners needed financing for their Milwaukee-based company S3 International, LLC, they found that the U.S. Small Business Administration wasElaine Pofeldt 12:41 AM 8/6/2017
The global air cargo industry has had its ups and downs in recent years, and, like carriers in other transportation modes, has suffered from overcapacity andPeter Buxbaum 12:31 AM 8/5/2017
On August 2, 2017, President Donald Trump signed into law one of the most wide-ranging sanctions measures of the last five years. The Countering America’s AdversariesDentons 7:54 AM 8/4/2017
A Hong Kong startup aims to fundamentally change the container shipping industry by the creation of a cryptocurrency called TEU.
300cubits, a blockchain initiative, is distributing the
Oakley Transport, Inc., a leader in the liquid, food grade transportation sector, has become the first liquid food grade transportation company in the world to acquireGT Staff 12:20 AM 8/4/2017
The outlook for global container port demand growth is now more optimistic and Chinese players are on the acquisition trail in an aggressive and highly confidentGT Staff 12:02 AM 8/4/2017
Commerzbank has processed the first bank payment obligation (BPO) transactions in Austria, covering the import of bus components from Germany and Italy.
The buyer, a customer of
Who says there’s no future for US coal? There is, and it’s coming from expanding export markets.
Pennsylvania based Xcoal Energy and Resources won a contract to
Three new super postpanamax cranes bound for Port Houston’s Barbours Cut Container Terminal departed Shanghai, China Sunday, aboard the ZHEN HUA 13. Along the journey theseGT Staff 2:02 AM 8/3/2017
The European Commission has required Belgium and France to abolish the corporate tax exemptions granted to their ports, so as to align their tax regime withGT Staff 1:07 AM 8/3/2017
The Trump administration is reportedly preparing a Section 301 investigation against China. News outlets are reporting that an announcement by the United States Trade Representative isPeter Buxbaum 6:33 AM 8/2/2017
For all the fuss that was made over former President Barack Obama’s vetoing of a permit for the Keystone XL pipeline and for all the politicalPeter Buxbaum 2:51 AM 8/2/2017
The European Commission is proposing that an agreement to improve the working conditions of seafarers on board of EU-flagged vessels be enshrined in EU law.
It sounds like a story straight out of the President Donald Trump‘s dream book. Two major North American railroads reported an upsurge in coal tonnage thisPeter Buxbaum 1:02 AM 8/2/2017
JD.com Inc., China’s largest retailer online or offline, launched a new crossborder alliance, bringing together 20 brands, industry authorities and logistics and transportation companies, to improveGT Staff 5:55 AM 8/1/2017
CargoSphere, the provider of a global container freight rate technology platform, has published the results of original research that was developed to determine what value thePeter Buxbaum 3:02 AM 8/1/2017
“A financially strong, technologically-advanced, and environmentally-sustainable steel industry in the United States is essential to serving the material and security needs of American society today.”
Over 100 small business leaders sent a letter to President Donald Trump urging him to ensure that the renegotiation of the North American Free Trade AgreementGT Staff 12:56 AM 8/1/2017
On July 20, 2017, the US Treasury Department Office of Foreign Assets Control (OFAC) announced that ExxonMobil (Exxon) must pay a $2 million penalty for violatingThad McBride and Cheryl Palmeri 2:32 AM 7/31/2017
The trade policies of previous US administrations of both parties has been to reduce and remove barriers to trade and investment during negotiations.
The Trump administration’s policy
Government authorities around the world may be ill-equipped to enforce Safety of Life at Sea (SOLAS) Verified Gross Mass (VGM) rules.
That’s the conclusion of a new
“The nation is at risk of losing its heavy polar icebreaking capability—experiencing a critical capacity gap.”
So concluded a recent report from the United States Coast Guard.
In a new commentary from Columbia University’s Center on Global Energy Policy, senior scholar Richard Nephew writes that despite the announcement on July 17th that theGT Staff 1:01 AM 7/31/2017
In the second part of this three-part series, I described some specific pitfalls related to crossborder selling and some lessons learned. In this final part, I’llAmy Morgan 12:38 AM 7/31/2017
The North American Free Trade Agreement (NAFTA) fundamentally changed the framework of cooperation between the United States and Mexico. During the last 23 years, Mexico andJohn Hamre 12:17 AM 7/31/2017
According to the most recent market results and trends report from Armstrong & Associates, 2016 domestic transportation management increased 5.3 percent in gross and 7.0 percentRick LaGore 12:03 AM 7/31/2017
A bipartisan group of senators have introduced legislation that would give enhance tax credits for carbon capture and storage (CSS) projects.
President Donald Trump has pushed for
According to the Washington Post, economic growth was slow in the United States during the first quarter of 2017, moving along at only 0.7 percent.
There may be stress associated with the future of NAFTA in North American capitals, but in the commercial arena trade appears to be proceeding apace, andGT Staff 7:51 AM 7/28/2017
United States steel producers and consumers, not to mention international trade wonks, have been waiting with bated breath for the release of the Commerce Department’s reportPeter Buxbaum 2:59 AM 7/28/2017
Adam Chinery, Managing Director at CCL (Computer Components Ltd.) and Gayle Paterson, account director at Buzzword Tech, discuss the company’s 20-year anniversary and find out howGT Staff 2:04 AM 7/28/2017
Whether by ship, airplane, train or truck – conveying goods around the world generally involves at least two different modes of transportation. Today, individual sections ofGT Staff 1:00 AM 7/28/2017
The National Research Council of Canada (NRC) hosted dignitaries from the United States Coast Guard (USCG), the US Department of Homeland Security (DHS) Science & TechnologyPeter Buxbaum 6:24 AM 7/27/2017
President Donald Trump announced that the computer, communication, and electronics manufacturer Foxconn would be building a plant in southeast Wisconsin at an event that took placePeter Buxbaum 6:11 AM 7/27/2017
Hyperloop One has announced the successful completion of the world’s first full systems Hyperloop test in a vacuum environment. The test was the first of aGT Staff 2:06 AM 7/27/2017
In today’s global market, international ecommerce is one of the best ways for businesses to get ahead. Taking advantage of demand in foreign markets can beGT Staff 1:02 AM 7/27/2017
While US President Donald Trump may be taking the United States to a more protectionist trade posture, the rest of the world appears to be movingPeter Buxbaum 5:59 AM 7/26/2017
The International Maritime Organization (IMO), the United Nations agency charged with regulating international shipping, pushed forward its environmental agenda at the recent meeting of its MarinePeter Buxbaum 5:36 AM 7/26/2017
“The manufacturing sector has begun to turn a corner in recent months, trending in the right direction both in the United States and globally after struggling forPeter Buxbaum 2:00 AM 7/26/2017
As part of last week’s Made in America events at the White House, President Donald Trump welcomed three companies to the effort: Merck, Pfizer, and Corning.
The United States House of Representatives passed legislation to enhance sanctions against Russia—as well as Iran and North Korea—by margin of 419 to 3 yesterday.
US Secretary of Commerce Wilbur Ross announced last week the affirmative final determination in this antidumping duty (AD) investigation, finding that steel concrete reinforcing bar fromPeter Buxbaum 3:04 AM 7/25/2017
Logistics led the way for Chinese outbound investments during the second quarter of 2017, which amounted to a total of $97 billion.
The industrial sector received the
With Africa’s overall port utilization capacity now exceeding 70 percent, ports authorities and terminal operators are actively calling for partners in development to equip Africa’s portsGT Staff 1:04 AM 7/25/2017
Airspace Technologies, a technology-enabled logistics company specializing in time-critical shipments, today announced an integration with Amazon Alexa-enabled devices allowing device users the ability to track, traceGT Staff 3:04 AM 7/24/2017
Sub-Saharan Africa is a region that has been plagued with poor infrastructure for trade facilitation, weak export development programs, poorly funded trade institutions and lackKemi Arosanyin 2:20 AM 7/24/2017
Chain.io, an innovator in cloud-based supply chain integration, has announced the beta release of its open access Chain.io Platform. The technology is a cloud-native supply chainGT Staff 2:03 AM 7/24/2017
Amber Road, a provider of cloud-based global trade management (GTM) solutions, has announced that it has added advanced Politically Exposed Persons (PEPs) lists to its GlobalGT Staff 1:40 AM 7/24/2017
Innovation in tech will undoubtedly play a major role in coming years in the economy of the United Kingdom, with significant growth in virtual reality technologyKatie Beech 1:20 AM 7/24/2017
Enterprise Asset Management is more than just a glorified maintenance management system. Often associated with just the efficient management of asset maintenance, EAM has come intoPatrick Zirnhelt 1:00 AM 7/24/2017
A new report explains the concept of smart contracts and their application in supply chains, as well as highlighting their pros and cons. It also laysGT Staff 12:21 AM 7/24/2017
If your email box is anything like mine it is getting populated with three to five emails a week from various freight companies telling us howRick LaGore 12:04 AM 7/24/2017
The Gulf of Mexico has been “brutal” for Offshore Supply Vessels. The North Sea market is “depressed.” The Brazilian market “remains subdued,” exploration and production isPeter Buxbaum 12:58 AM 7/23/2017
With the acquisition of CFI, Commodity Forwarders Inc., an airfreight forwarder of perishables products in the United States, and Trillvane Ltd, one of the largest perishablesGT Staff 1:08 AM 7/22/2017
The United States and China entered this week’s US-China Comprehensive Economic Dialogue with wildly diverging agendas and goals.
The US wanted to achieve some concrete progress on
There has been much speculation recently as to the ability of US manufacturing to create jobs – particularly in view of increased automation displacing workers. TheReshoring Initiative 2:04 AM 7/21/2017
The Freight Transportation Services Index (TSI), which is based on the amount of freight carried by the for-hire transportation industry, rose 2.2 percent in May fromGT Staff 2:02 AM 7/21/2017
On July 12, Yusen Logistics held an opening ceremony for Thilawa Logistics Center in the Thilawa Special Economic Zone (SEZ) in Myanmar.
The logistics facility is in
South Carolina Ports Authority posted significant growth across multiple business segments in fiscal year 2017, exceeding aggressive financial plans for containerized cargo, breakbulk tonnage, and railGT Staff 7:00 AM 7/20/2017
TNT Express customers are still experiencing widespread service and invoicing delays, and manual processes are being used to facilitate a significant portion of TNT operations andPeter Buxbaum 3:05 AM 7/20/2017
On July 17, Orient Overseas Container Line (OOCL) sailed the largest container ship to date into the Port of New York and New Jersey.
The OOCL Berlin
This week, the United States is hosting the inaugural US-China Comprehensive Economic Dialogue, co-chaired by Treasury Secretary Steven Mnuchin, Commerce Secretary Wilbur Ross, and Chinese ViceDavid Dollar and Ryan Hass 1:05 AM 7/20/2017
As the second round of Brexit talks got underway this week, the Freight Transport Association (FTA)—the UK’s largest transport trade association—says negotiations must move ahead withGT Staff 4:17 AM 7/19/2017
On Monday President Donald Trump proclaimed this week Made in America Week.
“We’re here today to celebrate American manufacturing and to showcase the amazing products from all
They were forgotten communities, at least in the minds of many people who lived in them.
Even as the rest of the country recovered from the recession,
König & Meyer experienced a total transformation of its warehouse logistics. The German manufacturer of music accessories not only moved into its new state-of-the-art logistics centreGT Staff 1:01 AM 7/19/2017
United States Trade Representative Robert Lighthizer released a summary yesterday of the negotiating objectives for the renegotiation of the North American Free Trade Agreement (NAFTA).
Through the renegotiation
Officials of the United States and the Philippines met last week under their Trade and Investment Framework Agreement (TIFA), and agreed to work together to fosterGT Staff 3:01 AM 7/18/2017
Return One Million Jobs (ROMJ) was created to raise $20 million to bring one-million manufacturing jobs to the United States from offshore. The project will utilizeGT Staff 1:00 AM 7/18/2017
Progressly, the world’s first cloud-based Operational Performance Management solution, today announced results from its first ever Achieving Operational Excellence survey, which took the pulse of moreGT Staff 12:01 AM 7/18/2017
To paraphrase Mark Twain, reports of the decline of United States leadership in the world economy are greatly exaggerated. The Hamburg G20 summit actually underscored itsHomi Kharas 2:29 AM 7/17/2017
With an ever-growing need for power, countries across the globe are constantly looking for the most economical, logical and sustainable solutions to meet demand. At theAnna Jones 2:00 AM 7/17/2017
Last week, a joint statement was issued by Hong Kong-based Orient Overseas International Ltd. (OOIL) and Chinese state-owned Cosco Shipping Holdings Ltd. (Cosco) and Shanghai InternationalDrewry 1:44 AM 7/17/2017
Global trade credit insurer Coface released its quarterly economic outlook and map for country and sector risk. The ongoing recovery seems to be a lasting one,Coface 1:20 AM 7/17/2017
President Donald Trump has promoted a $1-trillion infrastructure program since he was on the campaign trail and has continued to do so since he took thePeter Buxbaum 12:57 AM 7/17/2017
Global value chains (GVCs) are transforming world trade, but must be more inclusive if they are to deliver greater benefits to developing countries and smaller companies,GT Staff 12:40 AM 7/17/2017
Having been one of the few (unwanted) fast-growing segments in the containership industry until recently, the idle containership fleet has since gone on a crash diet.Drewry 12:20 AM 7/17/2017
A recent RFP assignment once again brought to focus the topic of spot rates versus contract rates and what it means to align with freight providersRick LaGore 12:04 AM 7/17/2017
The effective date of the regulation proposed by former President Barrack Obama called the International Entrepreneur Rule was postponed by the Department of Homeland Security fromPeter Buxbaum 12:02 AM 7/16/2017
United States Trade Representative Robert Lighthizer yesterday, at the direction of President Donald Trump, formally notified the Republic of Korea that the US is calling aGT Staff 1:33 AM 7/15/2017
Federal Maritime Commissioner Rebecca Dye launched the second phase of the Federal Maritime Commission’s Supply Chain Innovation Teams initiative this week. Phase two will focus on identifyingPeter Buxbaum 6:36 AM 7/14/2017
US Secretary of Commerce Wilbur Ross announced earlier this week the final determination in antidumping duty (AD) investigations, finding that emulsion styrene-butadiene (ESB) rubber from Brazil,Peter Buxbaum 3:05 AM 7/14/2017
The rise of ecommerce has precipitated a sea change in logistics that has massive implications for 3PL warehouses. Global online retail spending reached nearly $2 trillionJohn Ramsey Mabe 2:08 AM 7/14/2017
In February, Embark, a startup based in San Mateo, CA, announced a self-driving technology that would allow trucks to run on highways with no human input.GT Staff 1:09 AM 7/14/2017
The officers and crew of Evergreen Line‘s containership EVER DIADEM joined forces with another ship to successfully rescue thirty seafarers forced to abandon their burning fishingGT Staff 8:50 AM 7/13/2017
Delta Cargo has been awarded IATA’s Center of Excellence for Independent Validators (CEIV) Pharma Logistics Certification. Delta is the first US Global carrier to receive thisGT Staff 3:03 AM 7/13/2017
The Coalition for a Prosperous America (CPA) released a paper this week with an improved methodology for calculating exchange rate misalignment and its connection to theGT Staff 2:03 AM 7/13/2017
In April the boards of Maersk Line and the Oetker Group approved the sale of North-South trades specialist Hamburg Süd to the former for a sumDrewry 12:59 AM 7/13/2017
South Carolina Ports Authority moved a record 2.14 million twenty-foot equivalent units in fiscal year 2017, an increase of 10 percent over the previous year’s containerGT Staff 12:03 AM 7/13/2017
The Port of Virginia handled 231,675 twenty-foot equivalent units (TEUs) in June, a new record for the month and a seven-percent increase when compared with the samePeter Buxbaum 4:32 AM 7/12/2017
Abu Dhabi Ports officially inaugurated Delma Port last week. Located on the eastern side of Delma Island, the new port will serve as an upgraded multipurposePeter Buxbaum 3:09 AM 7/12/2017
The prevailing narrative that the US labor market is experiencing an unprecedented rate of technology-driven disruption couldn’t be further from the truth, according to a newGT Staff 2:02 AM 7/12/2017
Another global malware attack, another leak of personal details online, this time of 200 million US citizens. It’s no wonder that consumers are concerned about onlineGT Staff 1:02 AM 7/12/2017
The United States Department of Transportation’s Federal Motor Carrier Safety Administration (FMCSA) announced yesterday its electronic logging device (ELD) implementation national tour – a public educationPeter Buxbaum 6:05 AM 7/11/2017
The controlling shareholder of Orient Overseas (International) Limited (OOIL) has accepted an offer for its shares from Cosco Shipping Holdings Co. Ltd. and Shanghai International PortPeter Buxbaum 3:04 AM 7/11/2017
US Senator Bill Cassidy, a Republican of Louisiana, has introduced the License Natural Gas (LNG) Now Act to remove barriers placed on US exporters so theyPeter Buxbaum 2:07 AM 7/11/2017
The Trump administration has made public its intent to seek amendments to the Korea-US Free Trade Agreement. The administration has said that USTR will request aPeter Buxbaum 12:54 AM 7/11/2017
Every kitchen sink startup has experienced the production crunch when orders go from zero to dozens, and mom-and-pop businesses fret over cash flow when considering addingSandesh Joshi 2:31 AM 7/10/2017
Prysmian Group has selected Transplace, a provider of transportation management services and logistics technology solutions, to manage all transportation activities throughout North America and support internationalGT Staff 2:07 AM 7/10/2017
United States beef is now eligible to enter the Chinese market under trade agreements reached by the leaders of the two countries and by the ChinesePeter Buxbaum 1:41 AM 7/10/2017
“Locally Sourced” signs are plentiful in the aisles of farmers’ markets, grocery stores, and retail businesses. These signs signify that goods have not traveled across oceansThomas Larson 1:21 AM 7/10/2017
Railroads, trucking, and certain types of aviation are ripe for automation that will improve the safety and efficiency of United States freight transportation, but ill-balanced regulationsGT Staff 1:00 AM 7/10/2017
The Swisstrain, a transportation product offered by Swissterminal AG, of Frenkendorf, Switzerland, os expanding its service portfolio. Beginning today, the train will serve the Port ofGT Staff 12:40 AM 7/10/2017
For those sitting on the intermodal sidelines, there is no better time than the present to bring intermodal into your transportation departments with the following issuesRick LaGore 12:40 AM 7/10/2017
For companies, cities, and states reliant on North American trade, the stakes of a NAFTA renegotiation are potentially high. In January, my colleague Mark Muro andJoseph Parilla 12:01 AM 7/10/2017
Wärtsilä is supporting AW-Energy by providing technology and marine industry expertise to develop the WaveRoller into a commercially viable product. The project involves installing a singleGT Staff 1:23 AM 7/9/2017
Global markets are evolving into regional production and consumption models. As ecommerce grows —with its consumer expectations of fast deliveries—manufacturers and retailers will need to positionPeter Buxbaum 2:10 AM 7/8/2017
US Secretary of Commerce Wilbur Ross, and Juan Carlos Baker Pineda, Subsecretario de Comercio Exterior, Secretaría de Economía, have signed a finalized amendment to the CountervailingPeter Buxbaum 2:06 AM 7/7/2017
Oil and gas have dominated the discussion of energy geopolitics for many a decade. But, as a paper published jointly by the Columbia University School ofGT Staff 1:04 AM 7/7/2017
XPO Logistics, a global provider of transport and logistics solutions, has been named the official transport partner of the 104th Tour de France. The world-famous bicycleGT Staff 4:46 AM 7/6/2017
Many small manufacturers around the country have a little-known, decades-old government initiative to thank for a portion of their success.
The Manufacturing Extension Partnership (MEP) program created
A recent report from FiREapps, measuring the impact of currency fluctuations on first quarter 2017 corporate earnings shows the total negative impact as 67 percent smallerPeter Buxbaum 1:02 AM 7/6/2017
The president of the European Council may be taking a page out of the playbook of United States President Donald Trump when it comes to usingPeter Buxbaum 6:42 AM 7/5/2017
The global outbreak of what is now being called the NotPetya malware on June 27, hitting multiple organizations in Ukraine, Europe, the United States, and possiblyPeter Buxbaum 2:52 AM 7/5/2017
What have been the benefits to the United States of trade expansion?
Gary Clyde Hufbauer, a senior fellow and Lucy Lu, a research analyst at the Peterson
In a recent podcast, Jeremy Hanks, CEO of DSCO, a software company, illuminates some of the dropship issues facing omnichannel retailers.
DSCO software, based in Utah, helps
The Office of the United States Trade Representative (USTR) has announced the outcome of an annual review under the Generalized System of Preferences (GSP). Outcomes includeGT Staff 1:06 AM 7/5/2017
United States Secretary of the Interior Ryan Zinke has taken action to replace the National Offshore Oil and Gas Leasing Program on the Outer Continental ShelfPeter Buxbaum 4:02 AM 7/4/2017
South Carolina Ports Authority has opened a new refrigerated container service area in the Port of Charleston, marking a $14 million investment to support growing coldGT Staff 3:15 AM 7/4/2017
Panama commemorated the one-year anniversary of the inauguration of its expanded canal last week, a significant milestone in the history of the 102-year old waterway andPeter Buxbaum 3:07 AM 7/4/2017
Amber Road, a provider of global trade management (GTM) solutions, announced today that they have added 89 trade agreements to their Free Trade Agreement (FTA) ManagementGT Staff 1:58 AM 7/4/2017
CMA CGM announced today it had signed an agreement with EQT Infrastructure and its partner P5 Infrastructure, under which EQT will acquire a 90-percent interest inGT Staff 9:09 AM 7/3/2017
The news out of Calgary, Alberta, last week was of the groundbreaking for a new distribution center for Whirlpool Canada at the Canadian National Railway’s CalgaryPeter Buxbaum 3:21 AM 7/3/2017
On June 15, in a remarkable feat of bipartisan cooperation on a critical national security issue, the US Senate passed tough Russia sanctions legislation by aMax Bergmann and Vikram Singh 2:56 AM 7/3/2017
A group of about 60 small business owners headed to Washington earlier this month in an effort to convince Congress to drop the border-adjustment tax fromTaneli Ruda 2:42 AM 7/3/2017
Don't Miss Tomorrow's top Stories
Sign up for our newsletter to catch them when they break.