If the time is right for U.S. manufacturers of all sizes to consider modernizing their operations, it is important to first look at modernizing their supply chain and logistics operations in order to optimize potential investments. Manufacturers must think holistically about their business before making these decisions, and this includes looking at their supply chain and distribution models and the impacts of these investments on their operations.

From the smallest business decisions to the largest ones, risk influences all that we do. But taking a risk is not exactly like spinning a roulette wheel, where luck is the primary ingredient for success. With use of the right tools, risks can carefully be calculated, controlled and managed, greatly reducing the variable of bad luck.

The profit economy. You won't get a lot of results if you Google the words. It's not a commonly heard term in the business world. You might even ask if it makes any sense. Isn't the economy all about profit?

The International Air Transport Association called for strong partnerships to promote air cargo competitiveness through e-commerce technology at a recent e-cargo conference in Geneva.

Three of the biggest ocean carriers in the container trades have established an operational space-sharing alliance, known as the P3 Network, on major East-West routes.