The latest news and insight revolving around global trade, logistics services, evolving customs and regulations, supply chain security, and the technology necessary to speed freight through the global supply chain.
Posted 11/11 · 10:31 AM · LM Editorial
Prior to this week’s G20 Summit in Seoul, Korea, the Washington, D.C.-based Airforwarders Association (AfA) sent a letter to President Barack Obama replete with suggestions on how the Administration could best work on making improvements and changes to air cargo security processes in light of the October attempts by terrorists to send explosives originating from Yemen to the United States on cargo and passenger planes.
Posted 11/10 · 04:26 PM · LM Editorial
In a move that was widely anticipated, the European Commission imposed heavy fines on eleven air cargo carriers today for price fixing
Posted 11/10 · 12:53 PM · SCMR Editorial
Company sustainability ratings are proliferating as the environmental, social, and governance agenda steadily migrates from the margins to the mainstream of capital, procurement, and consumer markets
Posted 11/10 · 11:56 AM · LM Editorial
While the world’s airlines are posting an impressive revenue rebound, air cargo analysts claim that volatility caused by too little or too much capacity in the market has resulted in wide swings in rates and overall carrier performance.
Posted 11/10 · 09:28 AM · LM Editorial
FedEx subsidiary FedEx Trade Networks, the company’s global trade arm, is continuing its global expansion efforts, with this week’s announcement that it has opened five new offices in the Europe, Middle East, and Asia (EMEA) region. The company said the new offices are in: Budapest, Hungary; Prague, Czech Republic; Madrid, Spain; Milan, Italy; and Antwerp, Belgium.
Posted 11/10 · 05:45 AM · SCMR Editorial
In our last posting, we began outlining some of the aspects that make energy unique among purchased items and why a “one set and forget” or “one size fits all” purchasing procedure does not apply.
Posted 11/10 · 05:38 AM · LM Editorial
On the eve of the G-20 Summit in Seoul this week, the International Finance Corporation and the World Bank have noted that small- to medium-sized U.S. shippers may have an easier time of “going global” in the future.
Posted 11/09 · 06:11 AM · SCMR Editorial
“Beyond the Factory Gates: Extending Sustainability into the Logistics and Transportation Sector,” proved to be one of the more compelling panel discussions at last week’s BSR conference in New York.
Posted 11/08 · 03:00 PM · SCMR Editorial
Despite continuing uncertainty about the world’s economy, most survey respondents embrace CSR/sustainability as part of their core strategies and operations in the next five years
Posted 11/08 · 01:20 PM · LM Editorial
Even though import cargo volumes at U.S.-based retail container ports declining on a sequential basis, they are up on an annual basis, according to the most recent Port Tracker report by the National Retail Federation (NRF) and Hackett Associates. In September,U.S. ports handled 1.34 million Twenty-foot Equivalent Units (TEU), which was down 6 percent from August’s 1.42 million TEU and up 17 percent compared to September 2009.