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Global Trade


Latest posts about Global Trade

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Mexico Continues As America’s Top Trade Partner in March
Take a closer look at the Top 15 trade partners for the United States, and why Mexico continues to dominate the top spot.

Despite American political environment, global geopolitical risks could be easing
While there is plenty of danger around the world, the reality of interconnected supply chains may be prevailing.

Maersk Sees Silver Lining in Red Sea Shipping Challenges
Despite major disruptions in the Red Sea disruptions continue, Maersk predicts smaller losses than expected due to higher freight rates and volumes.

World Trade Centers provides a helping hand to create resilient, interconnected supply chains
Global non-profit organization has hundreds of local chapters, helping connecting businesses with trade opportunities.

Ask an Expert: The Benefits of Manufacturing in Malaysia
Supplyframe CMO Richard Barnett discusses countries moving away from China for manufacturing and why Malaysia is a great alternative.

Ranking the Best Countries for Private Business in EMEA
PwC released its annual Business Attractiveness Index for EMEA with Switzerland taking first place and the UK slipping to sixth.

Supply Chain Stability Index: “Tremendous Improvement” in 2023
The stability of the supply chain has improved greatly in the past year, despite ongoing challenges and geopolitical tensions.

Descartes announces acquisition of OCR Services Inc.
The acquisition train keeps rolling on for Waterloo, Ontario-based Descartes, a provider of logistics based on-demand, software-as-a-service offerings. The company recently announced it has acquired Rockville, Md.-based OCR Services Inc, a provider of global trade compliance solutions and content, for roughly $90 million. This represents the 30th acquisition Descartes has made going back to 2015.

February and year-to-date U.S. import growth is solid, reports S&P Global Market Intelligence
February imports, at 2.44 million TEU (Twenty-Foot Equivalent Units) increased 21% compared to February 2023. And when taking into account the timing of the Lunar New Year, coupled with the impact of ongoing Red Sea and Panama Canal disruptions, the firm explained that U.S.-bound imports over the first two months of 2024, at 5.04 million TEU, posted a 14% annual increase over 2023’s 4.40 million TEU, with 2022 and 2021, at 5.21 million TEU and 5.09 million TEU, respectively.

Container Shipping Market Facing Major Challenge
Global container shipping faces overcapacity, driving rates to unsustainable lows and prompting cost-cutting measures.

S&P Global Market Intelligence data signals solid U.S.-bound imports in January
January imports, at 2.59 million TEU (Twenty-Foot Equivalent Units) rose 9% annually, representing the third consecutive month of annual growth coming in at 9%.

6 Reasons Supply Chain Managers are Choosing India Over China for Trade
A new survey found U.S. C-Suite executives are over three times more likely to choose India over China for their future supply chain needs.

Navigating shifting trade policies
Our foreign trade specialist shares ways in which U.S. Foreign-Trade Zones serve as economic development tools and often mitigate changes in Customs and trade regulations—critical insight that every shipper should understand to remain globally competitive in 2024.

The Global Issue: Crisis mode lingers
The motion-blurred image of a carousel that graced the cover of the January Freight Rate Outlook issue of Logistics Management (LM) could easily be reprised for our Global Issue this month. The idea of static elements going round and round in what feels like an endless cycle could be the illustration that best summarizes our current global environment as well.

In Transit: Building a Successful Nearshoring Strategy to Run Resilient Sourcing Operations
In this episode, Kerim Kfuri, the founder and president of The Atlas Network, joined In Transit host Vishnu Rajamanickam to discuss the complexities and emerging trends in nearshoring amidst geopolitical shifts and scenario changes.


 


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