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Global Trade Management: Page 10

Supply Chain Resilience More Important Than Cost Savings: Bain & Co. Survey

Companies that get supply chain trade-offs right will outperform strategically and set new standards of operational excellence.

Photo: iStock.com/frankpeters

Solving the End-to-End Visibility Challenge

Currently, the majority of companies do not use any technology to monitor their supply chain performance. The correct technology, enabling integration between solutions and data, is the key.

Photo: iStock.com/Igor Kutyaev

Port of LA Kicks Off 2024 with Near-Record January Volume

January also marked the sixth straight month of year-over-year gains for the Port of Los Angeles, surpassing January 2023’s totals by 18%.

Port of Los Angeles. Photo: iStock.com/jgroup

Log-hub Update Includes 3D Maps for Supply Chain Visualization

Log-hub said that its 3D maps offering will provide users with increased efficiency and more strategic insights into how companies navigate global supply chain networks.

Photo: iStock.com/Igor Kutyaev

Maersk: Red Sea Diversions Could Extend into Second Half of 2024

Maersk said that it has added about 6% more vessel capacity to its schedule to keep the flow of trade moving, further adding to the company’s operational costs.

Photo: iStock / IgorSPb

OPEC Report Shows Uneven Delivery of New Oil Production Cuts

The Organization of Petroleum Exporting Countries and its allies pledged significant output curbs this quarter in a bid to avert a surplus and shore up global prices.

Photo: Bloomberg

New Technology Is Driving a North American Auto Manufacturing Renaissance

Between now and 2030, North American automakers have the potential to leverage new processes and practices to reduce their production costs while reimagining a traditional domestic industry

Photo: iStock.com/PhonlamaiPhoto

German Utility VNG Inks Country’s First Deal with Algeria for Pipeline Gas

The agreement, which took effect in January, allows gas to be shipped via pipeline to Italy and then on to Germany, a spokesperson for Sonatrach said.

Bad Lauchstaedt, Germany. Photo: Krisztian Bocsi/Bloomberg

Farm Exports from the U.S. Hit a Three-Year Low in 2023

The $191 billion generated represents a three-year low in terms of farming and agricultural exports coming out of the U.S.

Michigan. Photo: iStock.com/Willard

The U.S. Bought More Goods from Mexico than China in 2023

Mexico surpassed China as the U.S.’s top source of imports in 2023, for the first time in 20 years.

Photo: iStock.com/Oleksii Liskonih

Chinese Ships Get Cheaper Insurance to Navigate Red Sea

While the overall picture is mixed, some Chinese-linked vessels have to pay as little as 0.35% of their hull and machinery value to obtain insurance for transit.

Photo: iStock.com/Berezko

Transparent Software Supply Chains Will Usher in Healthcare Cyber Quality

As software bills of materials analysis yields business-relevant risk information, customers will use it to make more informed decisions about what to buy and how to price risk transfers.

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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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