Lately, it seems the shipping industry is staring down an all too familiar problem: the race to the bottom. This means annual RFPs and frequent carrier switching, costing shippers money as they spend time finding and onboarding new carriers. But it doesn’t have to be this way. With a bit of innovation, carriers can find […]
The European Union represents a unique project in economic integration. Likewise, Brexit represents a unique problem in trade relations. The single market created by the EU has meant an absence of duties and quotas for Member States, along with free movement for workers and a reduced administrative burden. While most hoped that a new FTA […]
As Hong Kong enters its tenth week of increasingly violent and disruptive demonstrations, both companies and the people on the ground are growing increasingly nervous. On Friday, roughly a thousand protestors dressed in black staged a sit-in at Hong Kong international airport, distributing flyers, and chanting “Do You Hear the People Sing?” from Les Miserables. […]
Shipping is cleaning up its act, but not everyone appears to be ready. Oceangoing vessels have burned heavy oil, the world’s dirtiest propulsion fuel, since switching over from coal. Starting on January 1, 2020, the industry will take a big step in the right direction– but for some, that step may be more of a […]
The container shipping industry has long had a healthy market environment with a wide selection of carriers to choose from. But in just the last few years, the industry has seen a sharp increase in consolidation. Some experts warn that we’re witnessing the formation of a loose oligopoly in container shipping. So how did this […]
These days, you don’t have to inhale to get a lift from the marijuana industry. With a market cap that is estimated to be as high as $77 billion by 2022, legalized cannabis has the potential to be so lucrative, it’s sometimes called the “green gold rush.” However, like the original gold rushes, investing in […]
These days, the outlook for international trade can turn on a dime (or a tweet). International supply chains, on the other hand, take much longer to adjust to changes, especially when it comes to China, the world’s second largest economy and the site of so much of the world’s manufacturing. However, despite the difficulties of […]
For years, the conversation about innovative fulfillment strategies has been driven by a single company: (you guessed it) Amazon. Retailers have often been left playing catch-up to the aggressive, customer-focused fulfillment philosophy pioneered by Jeff Bezos’ Seattle-based Goliath. Recently however, other companies have been exploring creative distribution solutions of their own, and are finding themselves […]
Moving freight through the world’s biggest cities is about to become even more expensive. Beginning in 2021, New York will be the first American city to implement “congestion pricing,” and will charge a toll to vehicles entering Manhattan south of Central Park. New York City’s congestion pricing plan is a response to ever-worsening traffic issues […]
In a world in which every new technological breakthrough is hailed as the next big thing, the phrase “5G revolution” might sound like just more overblown hype. Yet 5G networks have the potential to usher in a new era in logistics and supply chain management, enabling everything from driverless vehicles to total cargo visibility. With […]