Sunday, January 01, 2012
From a business standpoint, the first 10 years of the 21st Century have been anything but normal. Economic turmoil is almost constant, currency valuations shift with the wind, and bank lending vacillates between lenient and tight-fisted.
Faced with a tight domestic transport market that includes labor and fuel pressure on carriers, shippers are inclined to leverage volume and go for extensions of past rate agreements. I would like to encourage shippers to start thinking outside the box.
A flurry of new trade agreements should signal greater opportunity for U.S. importers and exporters. But this means that another layer of compliance complexity has been introduced. How will today’s global shippers deal with the new risk/reward scenario?
Consider this post-holiday scenario: You go to return something you received for Christmas, and when you finally get to the front of the exchange line after waiting 20 minutes, a smirking face behind the counter condescendingly tells you that “all you needed to do is pick out the right size and exchange it at the regular checkout counter.”
Our distinguished panel tells shippers to expect to pay more for parcel services, be on the lookout for competition among existing carriers, and keep your eyes open for new regional entrants.
Our January issue features one of our most anticipated reports, Logistics Management
’s Annual Rate Outlook. Not only has it traditionally been one of our best-read reports—second online only to our Annual Salary Survey—but over the past seven years the related webcast has attracted thousands of shippers looking for insight into what the coming year may hold in terms of rates and capacity.
Friday, December 30, 2011
There's an ancient Chinese legal concept known as “Lian Zuo” or the “Five Degrees of Culpability."
Although its economic recovery got off to a lackluster start, California has recently started to outpace the United States
Posted on 12/30 at 10:45 AM
Global Trade •
A new survey shows more needs to be done to educate small- and mid-sized businesses on the potential of engaging in global trade.
Posted on 12/28 at 10:32 AM
Global Trade •