The latest news and features revolving around evolving customs regulations, global trade, and the services that help global shippers expedite freight through the global supply chain
Posted 07/19 · 04:52 PM · SCMR Editorial
Minimizing inventory investment and carrying costs while maintaining high service levels can be a tough balancing act. But best-practice companies have shown that it can be done - profitably.
Posted 07/19 · 02:21 PM · LM Editorial
FedEx subsidiary FedEx Trade Networks, the company’s global trade arm, is taking steps to augment its ocean freight forwarding services in the form of a new Ocean Choices portfolio the company introduced today.
Posted 07/18 · 04:38 PM · LM Editorial
After the critical shortages of containers of last year, production has picked up again, but high container prices and a tight ratio of containers to vessel slots will continue to constrain the availability of boxes
Posted 07/18 · 11:24 AM · LM Editorial
Global supply chain and logistics services provider CEVA Logistics recently held its first global Supplier Awards ceremony. CEVA said these awards were launched as “part of its relentless quest for excellence” and are designed to recognize “impeccable execution, commitment, and strategic alignment among” its supplier base. LM Group News Editor Jeff Berman interviewed CEVA CEO John Pattullo about these awards and current trends and issues in the global 3PL market.
Posted 07/18 · 10:24 AM · SCMR Editorial
Rising labor costs in China have forced apparel retailers to consider relocating at least some of their production to countries with a lower wage structure, and Vietnam has proved to be one of the top choices.
Posted 07/18 · 10:00 AM · MMH Editorial
Seasonal economic trade patterns appear to be intact based on the most recent batch of monthly data from Panjiva, an online search engine with detailed information on global suppliers and manufacturers.
Posted 07/18 · 08:34 AM · LM Editorial
Compared to a year ago, volumes are down overall at both ports.
Posted 07/17 · 04:38 PM · LM Editorial
The American Association of Port Authorities recently commended the U.S. House Transportation and Infrastructure Committee and its chairman, Cong. John Mica (R-Fla.), for rolling out a comprehensive, multi-year transportation reauthoriztion proposal that is focused on improving our nation’s transportation infrastructure and, for the first time, includes a maritime title.
Posted 07/17 · 04:22 PM · SCMR Editorial
A recent trip with the family to our favorite Chinese restaurant yielded this timely “fortune cookie message” on the same theme – Many a False Step is Made by Standing Still.
Posted 07/15 · 10:02 AM · LM Editorial
Coming off of April and May which saw 7 and 8 percent gains, respectively, in the number of waterborne shipments heading to the U.S., June saw a 1 percent decline from May to June at 1,030,363, according to Panjiva. On an annual basis, June shipments were down 4 percent compared to June 2010’s 1,076,015 shipments.