Trade compliance specialists are key employees who require specialized skills and training, says John Priecko, president and managing partner for Trade Compliance Solutions.
Leading transport and logistics insurer TT Club says analysis of 9,500 claims over the past seven years, valued at $ 400m, confirmed an ongoing trend in avoidable damaging events that resulted in claims.
The U.S. Supreme Court last month drove two more nails into the coffin of port efforts to impose local rules on drayage operators, in violation of interstate commerce law. The court ruled unanimously that the Port of Los Angeles could not require drayage companies to display placards on their trucks that included a phone number for reporting concerns about their operations. It also could not mandate the development of off-street parking plans for harbor vehicles.
Honeywell Performance Materials and Technologies wanted a single global trade management solution that could integrate to two different SAP platforms for automated screening of export customers.
Among the biggest things that will affect the freight markets this year are the return of pricing power to carriers and the re-shoring/nearshoring phenomenon, according to CarrierDirect's semi-annual forecast on the state of the domestic freight industry.
Each year, Wal-Mart Stores Inc. spends hundreds of millions of dollars delivering its merchandise across the United States. The 6,000 trucks in the retailer's fleet are a common sight on highways, as are those of the many other companies that rely on long-haul trucking to transport their goods from coast to coast. But what if that fleet could be cut by one-third"”and be made up of trucks pulled by slimmed-down tractors less than half their current size, with a computer at the helm?
In a move that could have broad appeal for U.S. retailers, the Canadian government will no longer impose tariffs on imported baby clothes and selected sports equipment.
Siim Kallas, vice president of the European Commission, has outlined some changes to customs formalities in ports, in an effort to help shift EU transit cargo from congested highways to under-utilised short-sea shipping lanes.
China's economic picture darkened in June as exports posted their biggest monthly drop since the recession.
The unexpectedly weak June data, reported by Chinese officials, suggests that the world's second-largest economy is still facing sluggish demand for its goods and could slow further than government and private forecasts.