Retailers and manufacturers are taking stock of their transportation costs and exploring alternatives as a capacity crunch in freight is driving up prices and causing shipping delays.
Google will invest $550m in JD.com, one of China’s largest e-commence companies, as part of a strategic partnership to jointly develop markets outside of the country, the two said in a statement Monday.
The International Monetary Fund is warning that U.S. President Donald Trump’s new import tariffs threaten to undermine the global trading system, prompt retaliation by other countries and damage the U.S. economy.
The European commission has said the “simply unacceptable” imposition of high tariffs by the U.S. on Spanish olives is already having a major effect on producers in southern Spain.
Artificial intelligence promises to have a profound impact on the way in which shippers and carriers do business together. Assuming, of course, that they’re able to make use of the wealth of data that the technology offers.
Home Depot Inc. plans to spend $1.2bn over the next five years to speed up delivery of goods to homes and job sites as the rise of online shopping resets consumer expectations.
One year ago this week, Amazon.com Inc. loudly declared its intention to become a grocery industry heavyweight by announcing its agreement to buy Whole Foods Market.
Supply chain management is focused on the material flow of physical goods from manufacturers to end consumers. Managing financial flows within the supply chain is extremely important as well.