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Global Trade Management: Page 16

Wheat Rally Fades as Russia Fails to Disrupt Key Danube Port

The Ukrainian Port of Reni on the Danube was operating at maximum capacity July 25, despite an attack by Russian drones July 24.

Chelmsford, U.K. August 2022. Photo: Hollie Adams/Bloomberg

Egypt Plans to Resume LNG Exports this Fall, Minister Says

The country didn’t export a single LNG cargo during June and has dispatched only one shipment so far in July.

Photo: iStock.com/Автор

Inflation is Inflicting Pain on Supply Chains. Here’s How to Ease It.

As inflation lingers, the tough times for the freight industry are likely to continue. But shippers and carriers have the power to combat rising costs.

Photo:iStock.com/Dilok Klaisataporn

Costa Rica Forms Semiconductor Partnership with the U.S.

The U.S. Department of State said the two countries will explore opportunities to diversify and expand the global semiconductor market.

Photo: iStock/kynny

Riding the Wave: Strategies for Building Resiliency Amid El Niño

Scientists predict an exceptionally intense El Niño pattern, reminiscent of the patterns observed in the early '80s and late '90s.

Photo: iStock.com/Daria Nipot

U.K. Joins CPTPP Indo-Pacific Trade Pact

The United Kingdom is the first European country to join the trade agreement and is projected to be the pact’s second-biggest economy behind only Japan.

Photo: iStock.com/NicoElNino

Tesla Interested in Building a Car Factory in India

The factory will reportedly be able to produce 500,000 electric vehicles annually that have a starting price of Rs 20 lakh (about $24,360).

Indianapolis, Indiana. March 2022. Photo: iStock.com/jetcityimage

Tomorrow’s Procurement Will Be Shaped by Digital Automation in Supply Chains

Using technology to transform capabilities, talent pool and insights will help companies advance in the competitive business wars.

Photo: iStock.com/greenbutterfly

Eradicating Slave Labor Starts with a More Transparent Supply Chain

Until recently, most companies simply haven’t been interested in offering deep supply chain transparency. Now, they are beginning to realize the urgent need to do so.

Young girl mining mica in Jharkhand, India. Child labor is widely used in the collection of mica used in cosmetics such as eye shadow. Photo: Michael Duffy, copyright FRDM.

U.S. Treasury Department Reportedly Urged Hong Kong to Curb Exports to Russia

U.S. officials asked banks and regulators to identify high-tech American items that were being shipped to Russia via Hong Kong, according to sources that spoke with Nikkei Asia.

Hong Kong. Photo: iStock.com/Serjio74

Japan Retail Sales Rebound, Adding to Signs of Recovery

Spending rose by 1.3% from April 2023 to May 2023, according to a June 29 statement from the economy ministry, beating economists’ expectations of a 0.8% increase.

Tokyo, Japan. June 2023. Photo: Shoko Takayasu/Bloomberg

European Gasoline Shipments to U.S. Ease Just as Stockpiles Shrink

European gasoline and blending component cargoes to the U.S. are poised to drop to a three-month low in June, with volumes likely to be about 350,000 barrels a day.

Munich, Germany. March 2023. Photo: Miguel Villagran/Getty Images

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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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