Regulations and protectionist trade policies are killing small business, according to Alibaba Group Executive Chairman Jack Ma, who has called for a removal of trade policies that hinder global commerce.
In another sign that Iran may soon play a larger role in world airfreight as it re-emerges from U.N. sanctions, the WACO network of independent freight management companies has added Iran-based Amadrah International Freight Forwarding to its roster.
Britain's departure from the European Union could send shock waves across the global economy and threaten more than a trillion dollars in investment and trade with the United States.
Challenge: A large manufacturer was spending countless hours updating spreadsheets, reviewing supplier assessments, issuing corrective actions, and trying to track their suppliers' compliance, risk and performance ratings manually. They realized this manual approach wasn't sustainable as they continue to grow and vet additional suppliers. They began looking for a service provider that provided a single solution to help automate their assessment process, and improve their supply chain visibility.
The explosion at Tianjin Port last August should be seen as a spectacular example of why those operating throughout the global supply chains should examine their work practices and risk policies more thoroughly.
Challenge: As the market leader in the design, manufacture and installation of custom acoustical ceiling and wall products, our client requires reliable global shipping for its success.
Ocean freight rates for cargo moving under contracts on the major East-West trade routes fell by another 18 percent between February and May, according to Drewry's Benchmarking Club, a closed user group of multinational retailers and manufacturers who closely monitor their contract freight rates.