To gauge shipper perspectives on trade in today’s world, and particularly about the shift in free trade agreement (FTA) focus, global logistics and transportation solutions company BDP polled U.S. importers and exporters attending its 29th Annual Regulatory Compliance Seminar in Houston in late February.
2018 looks to be off to a flying start for the air cargo industry, according to World ACD, but it may be too early to celebrate. Worldwide air cargo yield dropped to USD $1.89 (U.S. dollars) in January 2018, 7.8 percent below December, but 16.8 percent higher than January 2017.
Shortly after the Trump administration announced the United States would impose tariffs on imported steel and aluminum, Harley-Davidson was among the companies expressing concern.
Seaports are a vital economic engine for the United States and a huge driver of demand for industrial real estate. Imports represented 63 percent of the total loaded cargo volume in 2017 for the top 13 ports in the United States.
Growing cargo thefts across Germany, resulting in product losses valued at $1.3 billion annually, have prompted business associations in the country to launch a joint initiative to tackle the problem.
E-commerce continues to mow down traditional business practices. To adapt, companies serving manufacturing, industrial, and retail customers are seeding their portfolios with new services, and not letting any grass grow under their feet.
Freightos conducted a survey to reveal how cumbersome logistics remains to American companies importing goods.
The rise of e-commerce, coupled with manufacturing and logistics facilities implementing robotics and other emerging technologies in the production process, has caused demand for digitally savvy workers with trade skills to skyrocket.