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 02/15 · 02:48 PM · LM Editorial
California’s exporters nearly clawed their way back to pre-recession levels of trade with a strong performance in 2010, according to an analysis by Beacon Economics
Posted 02/15 · 09:01 AM · LM Editorial
In a sign that the global economic recovery may have some sustained momentum, the most recent edition of the Port Tracker report by the National Retail Federation (NRF) and Hackett Associates is calling for import cargo volume at major United States-based container ports to be up 11 percent year-over-year in February. The report is also calling for first half 2011 volumes to be up 6 percent annually.
Posted 02/14 · 07:57 AM · LM Editorial
Consumer demand in emerging markets for more out-of-season perishables – including flowers for Valentine’s Day – is keeping logistics providers busy this season
Posted 02/11 · 01:13 PM · LM Editorial
By now, you have probably seen the most recent batch of numbers from the Commerce Department regarding the trade deficit. In short, the data pretty much represents an ongoing trend. Commerce said that the international trade deficit increased 5.9 percent in December 2010, to $40.6 billion, up from $38.3 billion in November. And exports grew 1.8 percent, to $163.0 billion, and imports rose 2.6 percent, to $203.5 billion.
Posted 02/10 · 08:48 AM · SCMR Editorial
A potential closure of the Suez Canal caused by the political unrest in Egypt would have a serious impact on container shipping, note analysts at Alphaliner
Posted 02/08 · 01:22 PM · LM Editorial
In a development that may signal a shift in global marine terminal operations, Zebra Technologies Corporation announced that it has entered into a definitive agreement to sell its Navis business to Cargotec Corporation.
Posted 02/08 · 08:21 AM · LM Editorial
Global third-party logistics (3PL) services provider Jacobson Companies recently announced it has established a strategic partnership with Rhenus Logistics, a European 3PL.
Posted 02/07 · 02:18 PM · SCMR Editorial
The International Chamber of Commerce released a report at the 6th Global Congress on Combating Counterfeiting and Piracy on last week that reported the global economic and social impacts of counterfeiting and piracy will reach $1.7 trillion by 2015 and put 2.5 million legitimate jobs at risk each yea
Posted 02/07 · 02:09 PM · LM Editorial
More than $10 million in counterfeit electronics, stolen merchandise and bank receipts have been recovered as a result of a cargo theft investigation initiated by Los Angeles Port Police.
Posted 02/07 · 01:36 PM · LM Editorial
UPS announced earlier today that it has expanded its UPS Express Freight service into Israel and Slovakia. Company officials said that this effort will serve expanding hubs for high-tech, industrial, and automotive shippers.