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Global Gateways: Page 59

Global Supply Chains Are Operating More Efficiently, Report Finds

The report also found that global transportation costs have fallen below their long-term average thanks to lessening pressures on shipping, rail, air and road freight.

Photo: iStock.com/Nuthawut Somsuk

U.S., Colombia and Guatemala Sign Deal to Standardize Supply Chain Security

The U.S. Customs and Border Protection agency signed a deal with the Customs Administrations of Guatemala and Colombia to establish a standard set of supply chain security requirements.

Photo: iStock.com/danielfela

IFC and Cambodia to Create Logistics Complex in Sihanoukville Province

The International Finance Corporation and the Cambodian government will extend an offer to a select qualified private developer that will finance, develop and operate the complex.

The Cambodian Royal Palace, in Chey Chumneas, Phnom Penh, surrounded by busy roads and streets. Photo: iStock.com/Nalidsa Sukprasert

The End of the New York Waterfront Harbor Commission Appears Nigh

New Jersey says it is withdrawing because its state police force can take over its crime-fighting duties.

Photo: iStock.com/Blizmo

FedEx Pilots to Hold Strike Authorization Vote

The Authorization would allow workers to withdraw their services from the company when permitted by the National Mediation Board.

Photo: iStock.com/Sundry Photography

China Warns Russia Sanctions Endanger Global Supply Chains

The United States Commerce Department added five Chinese companies that deal with Russia to its “entity list” April 12.

Photo: iStock.com/Rutmer Visser

Reshoring Trend Has Companies 'Scrambling' for Facilities in the U.S. and Mexico

Kearney’s “10th Annual Reshoring Index Report” showed 96% of CEOs are considering reshoring operations, have decided to reshore operations, or have already reshored operations in 2023.

The word 'RESHORING' is written on a typewriter. Photo: iStock.com/pedrosala

G7 Financial Leaders Seek to Diversify Supply Chains

While the G7 statement was not specifically directed at China, the group believes a high concentration of supply chains in any single country is undesirable.

Flags of all members of the G7 Group, 3D rendering. Photo: iStock.com/AlexLMX

Port of Los Angeles Shipping Volumes Down for Eighth Consecutive Month

Marking the end of a “soft first quarter,” the Port of Los Angeles processed 623,234 TEUs in March 2023, marking continued volume decline.

An aerial view of Pier 400 at the Port of Los Angeles. Photo: Port of Los Angeles.

Germany is Reviewing If Cosco Can Buy Hamburg Terminal Stake

Berlin is expected to adopt a more critical stance on China following Beijing’s increasingly militaristic threats against Taiwan.

Photo: Bloomberg

Dramatic Improvements in U.S. West Coast Dwell Times, Figures Show

The decrease in dwell time has been aided by the shift in trade patterns, with many shippers opting to use the Port of New York and New Jersey instead.

Morgan's Point - The Port of Houston. Photo: iStock.com/Art Wager

Sea-Air Freight Service from Asia to Africa Launched by Aero Africa

Aero Africa is launching a new sea-air transport product that will provide transportation from Asia to 70 different African destinations.

The Port of Dubai. Photo: iStock.com/Photoservice

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Recycled Tagging Fasteners: Small Changes Make a Big Impact

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