The use of standardized steel shipping containers, or intermodal containers, started late in the 1940s as commercial shipping operators started employing them for ocean carrier, truck, and rail transport. It wasn’t until 2005 when the International Maritime Office (IMO) established industry standards for more consistent loading, transporting, and unloading of goods in ports throughout the […]
Note: Today’s post is part of our “Editor’s Choice” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. When driving by a busy seaport, I’m always awed at the hulking towers of shipping containers stacked eight to ten high in the yards surrounding the terminals. Every ocean […]
Supply chains are running at full steam as the economy is booming in parts of the world, while in other parts of the world, economies are taking a hit from obstacles that hinder open commerce and trade. Protectionist trade policies are leading companies to shift their country sourcing practices as well as investments in automation […]
China is currently the EU’s second most significant source of imports, and trade volumes are positioned for growth. Italy and China recently signed an agreement to further solidify the Belt and Road Initiative, alarming Italy’s US and European allies. This is only the first of many such concords President Xi hopes to execute for ongoing support to the multi-national plan to provide fast and efficient transportation options from inland China to Western Europe that is further affirmation of its commitment to open trade. Europe will benefit from greater trade access, but companies will also need help managing the maze of complexities that exist in importing from or exporting to China. That help includes tools that determine landed costs, logistics efficiencies and managing duty reduction programs like China’s General and Processing Trade programs.
Protectionist trade policies are leading to shifts in country sourcing practices and investments in automation and technology to help keep goods moving and visible. And there is no reason to believe that in the coming twelve months we will see a waning of geo-political posturing along the trade front. As we move into 2019, there are six major areas of concern for anyone playing a part in global trade.
The Internet of Things (IoT) has become commonplace in almost every home and office. We use it to turn on the lights, connect our devices to satellites broadcasting streaming media, or place orders for grocery delivery. But the IoT has also quickly become an integral part of supply chains. It provides us with the advantage […]
On March 25, 1911, the Triangle Shirtwaist Company factory in New York City caught fire, trapping nearly all of the 600 workers inside. Most of the workers were teenaged girls, working 12-hour days for a mere $15 a week. Within 18 minutes, it was all over. Forty-nine workers had burned to death or been suffocated […]