Topic: Global Trade

As we have for the past five Decembers, we’ve removed ourselves from the end-of-year prediction approach and have instead put together an online educational experience that offers practical advice to help shippers improve logistics planning for the coming year.

Leaders of the Asia-Pacific Economic Cooperation (APEC) gathered in Lima, Peru, just after Donald Trump’s stunning victory in the U.S. presidential election in November to regroup—and perhaps rethink—free trade alternatives for the coming year.

Leaders of the Asia-Pacific Economic Cooperation (APEC) gathered in Lima, Peru, just after Donald Trump’s stunning victory in the U.S. presidential election earlier this month to regroup—and perhaps rethink—free trade alternatives for the coming year.

Testing the LM Styles

Global economic growth may remain stuck in low gear for several more years, though a worldwide recession is unlikely, according to the third quarter Global Risk Service report from IHS Markit.

In an increasingly interconnected world, where trade is a core component of economic activity, creating a more seamless global supply chain is now vital. A new generation of tech-savvy freight forwarders may be creating just the right amount of disruption the industry needs to improve synchronization. Freight forwarders optimization

While speculation and uncertainty abounds, freight transportation and logistics industry leaders contend that it’s important for all involved to keep a cool head and begin planning for the new phase after the U.K. leaves the EU.

LM interviewed XPO Logistics Chairman and CEO Brad Jacobs at the Council of Supply Chain Management Professionals Annual Conference in Orlando this week.

News that the 20,000-member International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA) plan to meet again in early November should be welcomed by West Coast shippers

一个软弱的改善的趋势the Stifel Logistics Confidence Index is evident, though the Index is still short of the neutral 50 point mark, report analysts for the London-based think tank, Transport Intelligence

U.S. trade with its North American Free Trade Agreement (NAFTA) partners Canada and Mexico dropped 10 percent to $83.7 billion on an annual basis in July, according to the Department of Transportation’s Bureau of Transportation Statistics (BTS).

The letter explained that with U.S. businesses relying on supply chain predictability during the busiest time of year, Hanjin’s bankruptcy filing has caused widespread disruption in freight shipments worldwide.

Quarterly revenue at $14.7 billion was up 16.3 percent, operating income at $1.26 billion was up 9.5 percent at $1.26 billion, and net income at $715 million was up 3.2 percent. Earnings per share were up 16.6 percent at $2.90, topping Wall Street expectations of $2.78.

Following a strong growth month for United States-bound waterborne shipments in July, August picked up where July left off and then some, according to recent data issued by Panjiva.

In light of the recent bankruptcy filing by Hanjin Shipping, United States-bound retail imports are expected to be at near-peak levels in September, according to the most recent edition of the Port Tracker report issued late last week by the National Retail Federation (NRF) and maritime consultancy Hackett Associates.

Logistics Management Group News Editor Jeff Berman recently spoke with Joe Dunlap, Managing Director of Supply Chain Services for industrial real estate firm CBRE and Melina Cordero, Head of Retail Research in the Americas, for CBRE about the Hanjin bankruptcy.

With Korean ocean carrier Hanjin Shipping, the seventh largest ocean liner in the world that handles roughly 7% of U.S.-Asia cargo, filing for bankruptcy earlier this week, what happens next in regards to what happens to the cargo that was moving on Hanjin vessels at that time, as well as its subsequent short-term impact on the global supply chain remains far from clear.

Global logistics services provider and freight forwarder C.H. Robinson Worldwide (CHRW) said yesterday it has entered into a definitive agreement to acquire APC Logistics, a Melbourne, Australia-based independently-owned global freight forwarder and customs broker serving Australia and New Zealand.

Transportation and logistics titan UPS last week announced it has broken ground on the expansion of its Louisville, Ky.-based Centennial Hub.

UPS said this week it has made changes for U.S. to Canada routes that it said will help businesses and online shoppers receive items from U.S shippers and retailers one day earlier.