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International

Things to Consider Before Exporting Internationally

  • August 11, 2017
Expanding a business internationally can seem like a daunting prospect in the best of times, and especially in 2017. Brexit, American political unrest, and a growing strain of economic nationalism have created an uncertain outlook for global trade, but these factors alone should not deter businesses from pursuing expansion. The rise of e-commerce, sophisticated data […]
Industry News, Shipping

Wal-Mart’s “On-Time, In-Full” Program Punishes Late/Early Shippers

  • August 4, 2017
Wal-Mart is launching its “On-Time, In-Full” (OTIF) initiative this month, putting the squeeze on shippers and truckers and likely starting an industry-wide push towards tighter delivery windows. OTIF demands that truckload deliveries arrive with 100 percent of the promised cargo, and be delivered on the “must-arrive-by” date 75 percent of the time (95 percent by […]
Shipping

What Will It Take for US Ports to Modernize?

  • July 7, 2017
Last month, the Journal of Commerce/IHS Markit published a white paper titled Port Productivity: Finding New Efficiencies Through Collaboration, which confirmed what many in the industry already knew: relationships between terminals and carriers are fundamentally broken. The report strongly calls for increased communication between ports and investment in data technologies that could benefit the entire […]
Shipping

Making Intermodal Shipping Work For You

  • June 9, 2017
This year, logistics professionals have noticed a resurgence of interest in intermodal shipping, the practice of moving containers across multiple forms of transport (rail, ship, and/or truck). Intermodal’s popularity subsided somewhat in 2015 and 2016, when excess capacity caused trucking prices to plummet. But as trucking rates rise in 2017, shippers are once again interested […]
Trucking

Spot Rates Climb, Contract Rates to Follow

  • June 2, 2017
National spot rate averages have been on a slow and steady climb through the beginning of 2017, and analysts predict further gains as the year continues. The spot rate increases come in response to both a relatively robust economy and tightening capacity in the face of the truck driver shortage. Shippers and carriers alike are […]
Technology

Protecting the Supply Chain from Ransomware Attacks

  • May 25, 2017
This month, over 300,000 computers around the world were subjected to a massive cyberattack from the aptly-named WannaCry software. This attack is the latest and largest appearance of an emerging type of hacking known as “ransomware.” In a ransomware attack, victims find themselves locked out of their own data, which is encrypted unless they agree to pay […]