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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.
US and Iran Announce Agreement to Reopen Strait of Hormuz
The United States and Iran have declared a pact designed to conclude several months of hostilities and clear the path… Read More
PMA, ILWU Reach Tentative Agreement on Container Chassis Maintenance
Providing some light at the end of a very long tunnel, the Pacific Maritime Association (PMA) and the International Longshore… Read More
BNSF Railway Lifts Embargo on Westbound Interchanging Containers
The BNSF Railway has lifted an earlier embargo on interchanging westbound ocean containers headed to U.S. West Coast on-dock facilities…. Read More
Hopes Sink for Federal Mediation in West Coast Port Labor Negotiations
Hopes are rapidly fading that a middle ground will soon be agreed upon to bring seven months of labor contract… Read More
PANYNJ To Add Air-Cargo Terminal for Animal Handling
The Port Authority of New York and New Jersey has unveiled plans to build what will be the world’s first… Read More
Congestion “No Longer Sustainable” at Long Beach and Los Angeles Ports
Los Angeles, CA – The increasing congestion at the largest container ports on the U.S. West Coast has reached a… Read More
ExxonMobil to Invest in New Canadian Liquefied Natural Gas Export Terminal
Los Angeles, CA – ExxonMobil Corp. has released a 141-page report unveiling plans to invest upwards of $25 billion in the… Read More
Penske Logistics Appeals to U.S. Supreme Court Over New Driver Rules
Reading, PA – Penske Logistics has filed a petition seeking to have the United States Supreme Court review the Ninth… Read More
Federal Mediation OK’d for Stalled Port Labor Talks
Los Angeles, CA –Several of the nation’s largest industry groups are expressing relief with the news that a federal mediator… Read More
ILWU Waves-Off Pleas for Federal Contract Mediation
Los Angeles, CA – The International Longshore & Warehouse Union (ILWU) has reportedly waved-off calls for federal mediation to break… Read More
Frustration With White House Port Labor Inaction
Los Angeles, CA – More than 160 associations and industry groups have addressed another letter to President Barack Obama “expressing… Read More
CSX Opens New Canadian Intermodal Terminal
Jacksonville, FL – Rail carrier CSX has opened a new intermodal terminal in Salaberry-de-Valleyfield near Montreal, Quebec, Canada. The facility expands CSX’s… Read More
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