Articles
Global Logistics
The Model Port of the Future
The Port of Rotterdam, Europe’s largest port, is working with IBM on a long-term digitization strategy that will transform the port—not only to improve safety and efficiency today, but also to accommodate autonomous ships, as well as process and ship metal 3D-printed ship components on demand in the future. Key elements of the digitization strategy […]
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Airline Confidence Stays High
Airline management confidence remains high, despite concerns about higher fuel costs, and an expectation that profits will fall from 2017, according to the International Air Transport Association’s (IATA) latest Airline Business Confidence Index. Among the index highlights: Nearly 75 percent of airline CFOs and heads of cargo indicate an improvement in year-on-year profitability in Q4 […]
Read MoreH&M Tries on Supply Chain Improvements
The world’s second-largest fashion company, Sweden’s Hennes & Mauritz (H&M), says it will increase supply chain investments and continue cost control measures to address slow growth in 2017, and keep pace with e-commerce rivals. After a supply chain reorganization in 2016, H&M’s new focus includes investing in data analytics and intelligence to enhance retail assortment […]
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UPS Ups Cross-Border Investment
To support commercial and residential commerce in the growing North America Borderplex, UPS will develop a new package operations center there. The strategic investment serves a manufacturing region that stretches across Texas, New Mexico, and Ciudad Juarez, Chihuahua, Mexico. The North American Borderplex area is home to 2.5 million people and one of the world’s […]
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Taking the Measure of Global Trade
Cross-border trade of intermediate goods and early-cycle commodities point to a moderate increase in world trade through March 2018, according to the DHL Global Trade Barometer for January 2018. On its initial release, the index scored 64, which is slightly below the values calculated for previous months (see chart). That means that world trade is […]
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Raising the GPA
Georgia ports authority (GPA) has developed a strategic plan that allows for 10 million twenty-foot equivalent container units, one million rail lifts, and more than one million auto and machinery units per year, GPA Executive Director Griff Lynch told attendees at the 50th annual Georgia Foreign Trade Conference in early February. Lynch provided an overview […]
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U.S. Economy Going Strong and Steady
The U.S. economy continues to experience robust growth supported by real wage increases, lower unemployment, and easy access to credit, which all support stronger private consumption, according to the Atradius December Economic Update report. The report’s key takeaways for the U.S. economy include: World trade will see five-percent growth in 2017 and 3.5 percent in […]
Read MoreFunding High-Tech Supply Chain Startups
Singapore-based investment company, Temasek and Kuehne Nagel International AG, a global logistics group, have signed a Memorandum of Understanding to establish a joint venture to invest globally in early stage companies developing cutting-edge technology for logistics and supply chains. The joint venture targets investments in early stage companies developing technologies and services with the potential […]
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Venezuela Crisis Surpasses Great Depression
The collapse of Venezuela’s economy has reached historic proportions, equal to or surpassing the 1929 and 1939 U.S. Great Depressions. That’s according to economist Gerver Torres, a researcher at the Gallup Company and senior associate at the Center for Strategic and International Studies in a recent lecture at the University of Miami’s Robert and Judi […]
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