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Think Tank
Freight Forwarding/Customs Brokerage: Page 18
Tech Is Becoming Critical As U.S. Sharpens Focus on Sanctions Violations
In the past year, political shakeups around the world have added new layers of complexity to the already complex ocean supply chain. Within this, trade sanctions in particular have evolved dramatically in the last few months, and are putting greater pressure on companies to remain compliant.
UPS Wants to Set Blockchain Standards for Freight Industry
UPS, and its subsidiary Coyote Logistics, have joined the Blockchain in Trucking Alliance (BiTA), throwing their considerable weight behind the development of blockchain technology standards and education for the freight industry.
Ship Glut Clouds Long-Awaited Recovery
Container shipping is emerging from a painful six-year slump, but a glut of tonnage that will hit the water over the next two years threatens to derail the nascent recovery.
What's at Stake: Cyberattack in the Global Shipping Industry
The global shipping industry has come of age with more automation, game-changing technologies and the-internet-of-things. But embarking on this voyage has also made it a prime target for unforeseen, invisible, and highly destructive cyberattacks.
E-commerce Disruption of Air Cargo Is Just Beginning, Report Says
We are only seeing the opening act of the e-commerce effect, according to logistics IT company Unisys.
Infrastructure Issue Bridges Gap Between Forwarders, Integrators
A decade-old major highway bridge collapse in Minneapolis still serves as a deadly reminder of the price our nation pays for lack of transportation infrastructure investment.
Freight and Warehousing Firms Add Jobs in September, Bucking Downturn
The freight transport and warehousing sector defied the national downturn in hiring last month, adding 12,400 jobs as warehouse operators and package-delivery companies boosted payrolls at a rapid pace.
Big-Rig Orders Post Another Monthly Increase on Improving Freight Market
Trucking companies accelerated big-rig orders for the fourth consecutive month, bolstered by strong manufacturing activity and an improving freight market.
Freight Startup Flexport Raises $110M, Turns Down $1Bn Valuation
Flexport, the shipping logistics company that launched in San Francisco just four years ago, is set to close a $110m Series C funding round. The investment values the company at $910m post money, says Wesley Chan, managing director at Menlo Park VC firm Felicis Ventures, an early investor in Flexport. The new round will bring the total capital invested to $204m.
Opinion: Four Tips to Renewing Your Freight Broker Bond
As this year's freight broker bond renewal deadline approaches for many, a reminder is due.
Growth Drivers in Place for Strong Finish This Year, Air Cargo Group Says
Despite some typically cautious warnings that the current growth cycle may be nearing a peak, industry-wide freight tonne kilometer (FTK) growth is at its strongest pace since 2010 - and global business and consumer confidence levels point to solid improvement at least through the third quarter, IATA said in its Q3 2017 "Cargo Chartbook."
U.K. Traders Say Blockchain Can Ameliorate Impending Customs Congestion
U.K. traders say that blockchain could automate and systematize the administrative burdens of customs oversight generated by an impending customs regime, following the recent announcement by Brexit Secretary David Davis that a new customs system will be in place by 2019.
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