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Global Trade Management: Page 11

Strengthening Freight Networks Amid Mounting Geopolitical and Climate Pressures

The transportation sector faced significant challenges in 2023, including rising operational costs that impacted each step in the supply chain.

Refocusing on High-Impact Sustainability Wins

Organizations face mounting pressure to ensure the sustainability of not just their operations and supply chains, but also those of their domestic and overseas supply chain partners.

How Sustainable is Your Supply Chain?

To overcome the challenges which have held back sustainability efforts, companies can employ new actions and approaches to improve results.

Why Do Companies Need Risk Management in Today's Volatile Marketplace?

Shippers need to be prepared to continually assess risks to their supply chains, and create concrete strategies to mitigate and overcome these risks.

Revolutionizing the World of Commerce: Exploring Innovative Trends in Global Supply Chain Management

Businesses that leverage cutting-edge technologies can revolutionize their supply chain operations and reap the rewards.

OPEC+ Nations Set to Decide on Extending Cuts in Early March

Seven coalition members have pledged supply curbs totaling about 900,000 barrels a day this quarter, in tandem with a 1 million-barrel reduction by group leader Saudi Arabia.

Vienna, Austria. Photo: Andrey Rudakov/Bloomberg

The Price of Diesel in Europe Is Being Boosted by Red Sea Shipping Chaos

Since the start of 2024, the wholesale cost of fuel delivered to northwest Europe has jumped by 12% to just over $116 a barrel.

Suez Canal, Egypt. Photo: Bloomberg

U.S. Lawmakers Demand Tougher Enforcement of China Forced Labor Import Ban

Leaders of the House Select Committee on the Chinese Communist Party wrote in a letter that the Biden administration should work harder to enforce the Uyghur Forced Labor Prevention Act.

Photo: iStock.com/Andrii Koval

Deep Freeze Forces U.S. LNG Exporters to Cancel, Delay Cargoes

The Cameron LNG export plant in Louisiana canceled at least one scheduled shipment while other deliveries from Cameron and Cheniere Energy’s Corpus Christi facility in Texas were also delayed

Des Moines, Iowa. Photo: Al Drago/Bloomberg

How Generative AI Will Shape Contracting

Generative AI (GenAI) has the potential to transform the contracting practices of companies by significantly reducing the contract authoring, review times, and making negotiations of commercial agreements more effective.

Photo: iStock / Boonyakiat Chaloemchavalid

Continued Red Sea Attacks Could Cause Inflation, Shipping Rates to Rise

Mohamed El-Erian, the former CEO of the investment management firm PIMCO, warned that shipment disruptions caused by Houthi attacks could cause shipping costs to increase while hindering global economic growth.

Photo: iStock / IgorSPb

Port of LA Ends 2023 with Five Straight Months of YoY Growth

The Port of Los Angeles ended up handling roughly 8.6 million TEUs in 2023, a 13% drop off when compared to 2022.

Los Angeles, California. Photo: iStock.com/wpd911

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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

Mobile geolocation service for track delivery, cargo shipment and freight transportation. Logistic Import Export business (Elements of this image furnished by NASA)

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

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Moving Robots Site-to-Site