In March, Italy became the first G7 country to formally join China’s Belt and Road Initiative (BRI). The deal, confirmed during a visit by Chinese President Xi Jinping laid the groundwork for a preliminary $2.8 billion in Chinese investments in Italian projects, including infrastructure improvements at Italian ports in Trieste, Genoa, and Palermo. The announcement […]
In the famous nursery rhyme, “for want of a nail, the kingdom was lost.” At the US-Mexico border, a similar story is playing out: for want of a mere 750 customs officers, supply chains are in crisis, in industries ranging from agriculture to automotives. When the Trump administration reassigned 750 border agents to process the […]
After years of one-upmanship, ocean shipping’s appetite for bigger and bigger mega-ships may have finally reached its peak. At least, that’s the message from some of the world’s biggest carriers, though others continue to place orders for these giants of the sea. While shipping lines contemplate an end to the arms race, shippers, logistics professionals, […]
It’s easy to paint stories about port automation as black-and-white, heroes-and-villains struggles, although which side is the hero and which is the villain is largely in the eye of the beholder. Depending on your perspective, you might side with labor unions fighting to preserve jobs, or you might side with port operators, who present automation […]
In the wake of the Ethiopian Airlines crash that left 157 people dead, leaders around the world are questioning whether regulators are doing enough to prevent these tragedies. Aviation safety is a critical issue, not just for passengers’ peace of mind, but to a global economy that relies on confidence in the people who build, […]
In 2018, the United States’ trade deficit in goods climbed to an historic high of $891.3 billion, up from $807.5 billion in 2017. During this time, the merchandise deficits with China, Mexico, and the EU all hit record highs, and total containerized exports dropped 0.2 percent. (The overall deficit is $621 billion, offset by the […]
Every time Amazon sets its sights on a new industry to disrupt, the response from that industry’s old guard is the same: it can’t happen to us. Everyone thinks theirs is the business that is too complex for Jeff Bezos and company to disrupt, and yet with every passing year, Amazon expands its reach. From […]
When longtime LTL titan New England Motor Freight (NEMF) announced it was filing for bankruptcy in February, the news was greeted with shock, sadness, and plenty of blame. For its part, NEMF largely blamed its employees’ union for refusing to make contract concessions. Many industry observers blamed NEMF’s biggest customers, especially Amazon, for forcing the […]
Every cybersecurity expert’s favorite axiom is that security is only as strong as its weakest link. This truth makes supply chains particularly vulnerable, since they frequently involve hundreds or thousands of contracts, stretching over multiple continents. Managing information flow across these systems is a challenge, since a manufacturer may not even know who their second […]
After years of non-stop headlines, it’s possible that the only person on Earth who isn’t tired of hearing about Donald Trump is Donald Trump. Nevertheless, President’s Day at the (probable) midpoint of Trump’s first term is a good time to consider how this presidency has affected the American economy in general and supply chain management […]