In early November, the Northeast Cargo Symposium had a series of presentations and panels focused on how trade disputes are affecting companies that source from abroad. One session was called “Alternatives to Trading with China.” The key conclusions were that diversification from sourcing with China was already occurring before the trade war began, that in certain industries the transition will be very difficult, and that trading with other nations presents challenges in figuring out just […]
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Archive for Global Trade
Despite apparent recent progress in US/China trade talks, trade experts say not to read to much into these reports. The US/China trade relationship will never be what it was. There is blame on both sides, but US experts largely point at China’s unfair practices as being the largest impediment.
Read More →By the end of October 2019, with or without an agreement, Brexit will have a major impact on cross-border shipping. Businesses that haven’t already prepared should start by better understanding the specific nature and extent of the looming changes. By proactively addressing potential challenges to shipping operations brought on by Brexit, businesses can work to ensure a smooth transition, provide a seamless customer experience, proficiently manage delays and keep costs in line with expectations. Change […]
Read More →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. Geopolitical uncertainties such as Brexit, the China-U.S. trade war, and the trade conflict between Japan-Korea all impact today’s shipping market. A lot of C.H. Robinson’s coverage of these and other disruptions has focused on what it means for companies shipping into North America. But these same disruptions are also […]
Read More →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. As the EU puts pressure on the UK Government to put proposals for a new deal in writing within the next two weeks and the Commons leader reported as saying that the Prime Minister was on course to deliver a “fundamentally different” Brexit deal to ensure the UK leaves […]
Read More →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 and technology to help keep goods moving and visible. Moreover, there is no reason to believe that in the coming […]
Read More →Trade and specialization at the individual, corporate, and regional level are catalysts behind the growth and increasingly important role of supply chain in today’s global economies. To capture the benefits from trade, organizations need superior logistical capabilities and more sophisticated coordination of activities to receive final goods at one’s location of choice. Prior research examines coordination mechanisms and categorizes them into price, non-price, and flow coordination mechanisms. Practitioners prefer
Read More →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.
Read More →Trade issues, usually of esoteric interest to readers of the business pages, are increasingly and literally becoming front page news, most notably with the current US-China trade spat. Given this rather fraught backdrop, free trade proponents would have been heartened by the long awaited launch of the Asia Pacific FTA known as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, or CPTPP, just before the turn of the new year.
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Supply Chain Brief
The Connection Between Trade Compliance and Logistics
Historically, governments have focused on the exporter of record when looking for sanction or embargo violations, including of the movement of sensitive dual-use products and technologies across borders. However, all parties to an export transaction, including freight forwarders and carriers, are subject to the same rules, and as such must be aware of what is required of them in the transaction. The scope of their due diligence must include destination controls, export licenses and restricted […]
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