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According to the most famous formulation of chaos theory, a butterfly flapping its wings in China can cause a hurricane in the Gulf of Mexico. Whether or not you believe that, it is indisputably true that an actual hurricane in the Gulf of Mexico will undoubtedly cause ripples in supply chains throughout North America. So […]
On April 26, the CEO of Maersk Shipping, Sǿren Skou, delivered a stinging indictment of government shipping subsidies, which he criticized as anticompetitive, and which threaten to stifle the carrier industry’s burgeoning recovery. Speaking at a Singapore shipping conference, Skou accused the subsidies of encouraging companies to build ships which are “not needed, for companies […]
It’s a volatile time for US-China relations, and the effects of the brewing trade war are being felt around the world. Seemingly every week, a new volley of tariffs is announced by the Chinese government or the Trump administration, creating uncertainty for freight forwarders, Wall Street traders, and heartland farmers alike. Despite the fact that […]
In recent months, shippers and freight forwarders have noticed a precipitous drop in the reliability of transatlantic carrier schedules. According to JOC, in 2017, reliability on westbound transatlantic routes fell 10.5 percent to 67.4 percent, while eastbound routes fell 10.6 percent, to land at 70.2 percent reliability. The first few months of 2018 have been […]
Lately it seems that the word on everyone’s lips is “blockchain.” What started as the obscure engine for cryptocurrencies like Bitcoin is now being adopted by some of the world’s largest corporations and institutions. In the logistics world, even the technologically averse are beginning to learn what blockchain is and how it stands to impact […]
When it comes to big construction projects (be it a new bridge or Amazon’s new headquarters), transportation issues are one of the major ways budgets skyrocket, frustrations mount, and deadlines sail by. The problem begins with legions of subcontractors, who hire their own subcontractors ad infinitum, leading to chaos and cluttered work sites. Everyone has […]
Across the US, trucking rates have been hovering at record highs for months and show no signs of coming down. The higher rates and limited capacity are the result of a perfect storm of factors, some of which were unforeseeable, while others have been on the horizon for months or even years. Shippers who are […]
This January marked the official start date of China’s ban on yang laji: foreign garbage. Last July, China informed the World Trade Organization that it would no longer accept imports of 24 types of recycled materials, including scrap paper and the low-grade plastic used in grocery bags and soda bottles. China’s decision has profound environmental […]
When people around the world tune in to the Pyeongchang Olympics this February, they will be witnessing not just a triumph of athleticism, but logistics. Every two years, a new city attempts to do the seemingly impossible in hosting the Olympics: building infrastructure, transporting tons of goods, and navigating inevitable crises. As we prepare for […]
The trade imbalance between the United States and Mexico is an immensely complex issue, but for shippers trying to move their goods north across the border, it’s quite simple. For them, the imbalance boils down to the fact that for every truckload of goods exported to Mexico, there are at least three more headed north, […]