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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
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
EMO Trans Opens Malaysia Office
EMO Trans, Inc., a provider of international logistics and supply chain solutions, announced the opening of EMO Logistics Malaysia Sdn… Read More
Prime Distribution Services Opens New Location in Plainfield, Indiana
Prime Distribution Services (PDS), a Roadrunner Transportation Systems, Inc. company that provides warehousing, consolidation and transportation solutions, announced the opening… Read More
Federal Maritime Commission Collects $840,000 In Penalty Payments
The Federal Maritime Commission has announced that it has completed compromise agreements recovering a total of $840,000 in civil penalties… Read More
Cathay Pacific and Lufthansa Cargo Enter Joint Venture
Cathay Pacific and Lufthansa Cargo have signed an agreement for a “highly integrated bilateral cooperation,” a statement from the companies… Read More
Ben & Jerry’s: Strict Truck Emissions Rules Help Profits and the Planet
Ben & Jerry’s CEO Jostein Solheim has published a response to an op-ed on a trucking news site that argued… Read More
U.S. Senate Passes Bill to Fund U.S. Navigation Infrastructure
The U.S. Senate passed the fiscal 2017 Energy and Water Development Appropriations Bill by a vote of 90-8 last week…. Read More
BREAKING NEWS: Pilots Flying For DHL Express, Amazon Vote to Strike
American pilots who fly worldwide for Deutsche Post DHL have voted nearly unanimously to authorize their union to call a… Read More
BNSF Logistics Opens Subsidiary in Mexico
BNSF Logistics, a multi-modal third-party logistics service provider, announces a new subsidiary in Mexico, BNSF Railway Servicios de Logistica. The… Read More
UPS Expands Operations at San Antonio Facility
UPS has announced the expansion of its building in San Antonio. The expanded ground sorting facility will be retrofitted with… Read More
Port Panama City Doubles Capacity with 41-Acre Acquisition
With development of a modern forest products terminal on a newly acquired 41-acre waterfront tract, Port Panama City is setting… Read More
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