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Think Tank
Ocean Transportation: Page 300
Container Ships Idle as Trade Volume Stagnates
Navigating Tomorrow's Panama Canal Today
Steamship Industry Challenges and Why 'Nearshoring' Won't Work
CSCL, GT Nexus Team for E-Commerce Portal Services
Logistics Council Issues 4th Edition of "Freight Claims in Plain English"
Matson Adds Port of Xiamen to China-Long Beach Express Service
An Expanding Panama Canal Makes Waves in U.S. Transportation
How Is The Logistics Sector Faring In Difficult Times?
Intermodal Will Weather Economic Storm, NYK Line's President Says
10+2: A Beacon of Hope for Software Vendors and Freight Forwarders
Nothing gets software vendors more excited than new government regulations. Sarbanes-Oxley was a boon to enterprise software companies a few years ago. It allowed them to walk down the hall from the CIO's office and talk to the chief financial officer, the person who controls the company's purse strings. Similarly, TMS vendors welcomed the new Hours of Service regulations when they first went into effect in 2003. It was part of the "perfect storm" shippers and carriers were facing at the time (along with rising fuel costs and capacity constraints) that served as a catalyst for TMS sales. The latest regulation that has vendors seeing dollar signs is the Importer Security Filing (ISF) rule, better known to folks in the industry as "10+2."
Safely Navigating Treacherous Economic Waters
The instability of the international container shipping sector, capacity withdrawal on some routes and "slow steaming" practices will expose exporters and importers to greater risks.
You Should Cut International Logistics Costs, No Doubt. But How?
Companies and their logistics service providers need to reduce their international transport and logistics costs. Despite the uncertainties of the current business environment, they can apply both old and new techniques.
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