Topic: Global Trade

John Wolfe, CEO of The Northwest Seaport Alliance (NWSA) sat down with Logistics Management editors.

When sizing up the state of the industrial real estate market, which has been moving in the right direction for an extended period and spurred on in large due to e-commerce activity, the sector’s future continues to look bright in 2018, according to research issued today by industrial real estate firm CBRE.

The United States Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that United States trade with its North American Free Trade Agreement (NAFTA) partners, Canada and Mexico, was up annually in November, the most recent month for which data is available. With a 10.5% annual gain, November represents the 13th consecutive month of increases.

Erik Autor, president of the National Association of Free Trade Zones shares his insight on current state of NAFTA.

A trio of rail shipper groups, each with a vested interest in the long-term future in the North American Free Trade Agreement (NAFTA) penned a joint letter to the United States Trade Representative Robert Lighthizer, Canada’s Minister of Foreign Affairs Chrystia Freeland, and Mexico’s Secretary of Economy Ildefonso Guajardo to express their support for NAFTA, as well as call for a constructive effort to renegotiate a new agreement building on the existing framework and progress, the United States,...

With a focus on providing more efficient and secure methods for conducting global trade through the usage of blockchain technology, ocean cargo giant A.P. Moller-Maersk and technology powerhouse IBM announced plans this week for a joint venture (JV). IBM and Maersk said that the objective of this JV is to provide a jointly developed global trade digitization platform that is built on open standards and designed for use by the entire global shipping ecosystem

This is a watershed year for the digitization of global supply chains as companies respond to new initiatives enacted by governments and inter-governmental organizations. Those too timid to take the risk of making a mistake will simply lose out.

The Association of Asia Pacific Airlines (AAPA) notes that the solid expansion in international air cargo markets continues unabated.

Total November POLA volume came in at 924,225 TEU (Twenty-Foot Equivalent Units), which set a new record for monthly volumes in the port’s 110-year history, topping November 2016’s 877,564 TEU, and were up 5.3% annually. POLB November volume was up 14.7% annually at 612,659 TEU, with the first 11 months of 2017 coming in at 6,847,589 for a 10% annual gain. In calendar year 2016, POLB handled 6,775,171 TEU.

The most recent edition of the Port Tracker report issued today by the National Retail Federation (NRF) and maritime consultancy Hackett Associates points to a healthy month for imports in a 2017 that has seen five of the seven highest-volume import months on record.

November shipments were up 3.9% annually to 979,797 topping October’s 1,016,892. Import volumes have been up for nine consecutive months and 16 of the past 17 months. In 2017, U.S.-bound shipments have been up every month except for February.

Nearly a year into President Trump's term, NAFTA remains intact, but it also comes with various uncertainties as the United States and its NAFTA trade partners, Mexico and Canada, continue negotiations with the future of the trade pact at stake, to be sure.

Energy and logistics analysts are telling shippers to expect higher rates in every mode of transport.

Port of Los Angeles Volumes. POLA handled 748,762 TEU (Twenty-Foot Equivalent Units). While this tally marks the port’s third-best volume output for October, it was down 8.1% annually when compared to October 2016, the port’s best-ever October.

Brendan McCahill, Senior Vice President of Trade Data Content at Descartes, examines the current state of U.S. port infrastructure.

Today’s freight forwarders now need to ramp up their value-added visibility services in an effort to boost revenues and put shippers at ease.

DHL officials said that this 54,000 square-foot gateway will expand the company’s presence in Chicago, adding that the new state-of-the-art northeast cargo campus at O’Hare International is poised to become the largest cargo development constructed at a U.S. airport in more than a decade upon its completion in the coming years.

今天发布的第三季度业绩Atlanta-based UPS were solid despite challenges posed during the quarter as a result of multiple hurricanes and other natural disasters. Revenue for the quarter was up 7% annually to $15.798 billion, with earnings per share up 1 cent to $1.45, meeting Wall Street expectations. Operating profit, at $2.035 billion, was up slightly over last year’s $2.034 billion.

September shipments were up 4.9% annually at 976,605. While this is down compared to August’s 1,066,698, the annual improvement is ahead of August’s 2.2% annual spread.

In an era where effective supply chain collaboration is both highly valued and elusive, Logistics Management and SMC³ shine the spotlight on some of the nation’s best examples in its annual awards ceremony.