Looking for the latest news on global logistics and supply chain management? Get inside information on global shipping, warehousing, and foreign trade.
Moving products and services efficiently from one place to another requires logistics management. The same supply-chain management strategy is used in global logistics-only the number of variables is amplified. One of the best definitions of business logistics is “the process of planning, implementing, and controlling the effective and efficient flow of goods and services from the point of origin to the point of consumption.” The word “logistics” dates back more than 100 years, though we tend to equate the term now to the modern processes and technologies that have expedited materials management and distribution. The advantages to developing effective global logistics are many: new revenue opportunities from new markets is the most obvious, but there may also be increased economies of scale, and lower cost sourcing for everything from components to labor. Centralizing global production is one of the best ways to lower per-unit costs and resource budgets. The challenge comes in establishing relationships with international supply-chain partners, and/or building a global sales organization. It’s not enough to put all the pieces in place; it must be done in a way that maintains quality control across longer transit distances and transit times, and that delivers products to the end user at a reasonable value. The longer the supply chain, the more vulnerable it might be to damage or delivery interruptions caused by weather, equipment failure or other obstructions. While global logistics can be modeled, analyzed, visualized, and optimized with sophisticated simulation software, this is a procedure that will always be more reliant on human resources than machines to get the job done.
Freight Train Derailment Sparks Fire Near US-Mexico Border
A freight train transporting gasoline and propane derailed near the Arizona-New Mexico border, igniting a blaze that engulfed approximately six… Read More
IMO: Flexibility Warranted in Enforcement of Container Weight Rule
The International Maritime Organization, the UN agency responsible for the promulgation of the new rule requiring shippers to provide verified… Read More
C3 Solutions Adds Yard Management to Logistics Cloud Platform
C3 Solutions, a provider of yard management and dock scheduling solutions, has announced the availability of C3 Yard, the newest… Read More
European Maritime Day Focuses on Investments in Blue Economy
Every year the international conference and exhibition that celebrate European Maritime Day offer maritime stakeholders a dynamic platform for dialogue… Read More
Confusion Reigns Over New Container Weighing Rule
With five weeks to go before new regulation comes into effect mandating container weighing, there is still much confusion over… Read More
Long-Running Air Cargo Antitrust Litigation Comes in for a Landing
Air India and Air New Zealand, the last two defendants remaining among nearly three dozen air carriers sued for antitrust… Read More
Global Logistics Company Announces Weekly Shipping Shanghai to El Paso
TOC Logistics International (TOC), a global logistics leader based in Indianapolis, has launched a shared consolidation between Shanghai, China, and… Read More
Executives Explain How Data and Technology are Transforming Logistics
A recent report published by the research outfit eft has revealed the biggest challenges facing senior supply chain and logistics… Read More
SkyBOX Checkout Transforms International Ecommerce Payments and Logistics
SkyBOX, Inc. has launched SkyBOX Checkout, a new payment and logistics platform that transforms the internet shopping experience for international… Read More
Hypermodal Systems to Bring Internet Speeds to Transportation and Logistics
The rapid emergence of advanced analytics, along with new modes of transport like autonomous vehicles, will bring internet-like speeds and… Read More
Ekol Logistics Enters The Czech Republic
A leading 3PL in Turkey—Ekol Logistics—has entered the Czech Republic and made its first investment in this country in the… Read More
New European Union Customs Code Contains Pitfalls for Forwarders
The Union Customs Code (UCC), which was introduced across the European Union on May 1, includes rules that can be… Read More
« Previous 1 … 433 434 435 436 437 … 540 Next »