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Global Trade & Economics: Page 136

Unlocking Cost Savings with Foreign-Trade Zones

As geopolitical tensions increase, the countervailing benefits of Foreign-Trade Zones (FTZs) become more self-evident. Here’s how they work, and why companies should take advantage of them.

Photo: iStock / narvikk

EU Cases of Olive Oil Fraud and Mislabeling Hit Record High

The incident reports included oils contaminated with unauthorized substances such as pesticides, mineral oils and one case where glass fragments were discovered.

Photo: iStock.com/grafvision

U.K. Warns of Border Delays When New EU Border System Begins

Tourists and businesspeople entering from non-EU countries, including the U.K., will be required to register details such as their fingerprints and photograph at the border.

Photo: Bloomberg

End of Trucking Recession Finally in Sight as Freight Rates Rise

The optimism suggests one of the last industries still beset by pandemic-era disruptions may be finally recovering.

Photo: iStock / DarthArt

Container Shipping Rates Dip for First Time in Months as Restock Rally Fades

The Drewry World Container Index composite of eight major trade lanes dropped 2.2% to $5,806 for a 40-foot unit, snapping a 12-week-long advance.

Shipping containers in South Korea. Photographer: SeongJoon Cho/Bloomberg

MEDLOG Breaks Ground on New Multimodal Terminal Near Paris

MEDLOG's Inland Terminal Paris-Bruyeres project will add infrastructure to facilitate rail and barge transportation of goods across the Greater East and Paris region of France.

Photo: Mediterranean Shipping Company

Western Sanctions, Houthi Attacks Boost Appeal of Russia’s Arctic Sea Route

Last year, the waterway saw a record 36 million tons of cargo pass through, of which more than half was super-chilled liquefied natural gas.

Photo: istockphoto.com/portfolio/Jean_Landry

Cargo Ship Arrives at Zeebrugge With Infestation of Wolf Spiders

The Glovis Sun — carrying a couple thousand cars as its cargo — had recently traveled around Southern Africa, before arriving at the Port of Zeebrugge on July 18.

The Port of Zeebrugge in Belgium. Photo: istockphoto.com/portfolio/SteveAllenPhoto

Boeing Driving ‘Transformational Change’ That May Take Years

The overhaul will take years to take root, and will require support from customers who’ve been burned by Boeing’s delays and quality lapses.

An Alaska Airlines Boeing 737 Max-9 aircraft at Los Angeles International Airport, January, 2024. Photo: Eric Thayer/Bloomberg

U.S. E-Commerce Vendors to Embrace International Markets, Says DHL Survey

A potential fly in the ointment is the looming possibility of increased tariffs on internationally sourced goods, which appears likely under a Republican government.

Image: iStock.com/duoogle

Malaysia Intercepts Missing Oil Tanker from Singapore Blaze

After colliding with the Hafnia Nile, the Ceres I appears to have then switched off its transponder for more than a day.

Photo: iStock.com/Prapat Aowsakorn

Worldwide Transportation Chaos After Widespread Software Crash

Many port operations were disrupted, and air freight was hit the hardest, with a recovery period of the complex air cargo network predicted to last days or weeks.

The 'blue screen of death' every computer user fears. Photo: iStock.com/kelvinjay

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Photo: iStock/Anastasiia Yanishevska

How a Leading U.S. Floral Distribution Company Reduced Warehouse Labor Costs by 45% with RFID

Recycled Tagging Fasteners: Small Changes Make a Big Impact

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Enhancing High-Value Electronics Shipment Security with Tive's Real-Time Tracking

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