The International Civil Aviation Organisation (ICAO), a United Nations agency, has announced a framework for mandatory carbon-offsetting on all international flights. The agreement was backed by 65 countries, which between them account for 86.5 percent of international flight operations.
The Panama Canal Authority (ACP) has issued a request for proposals to the four pre-qualified port operators selected to compete for the concession to design, develop, finance, construct, operate and maintain a container terminal located near Corozal, in the Pacific entrance of the Panama Canal.
The International Monetary Fund has warned that sluggish economic growth throughout the world could bolster an anti-trade backlash that has become a feature of politics in both the United States and Europe.
World-class procurement organizations now have 18 percent lower operating costs than typical companies, and operate with 28 percent fewer staff, while generating more than twice the return on investment, according to new benchmark research from The Hackett Group.
Outdoor apparel retailer REI has designed its new distribution center to be both energy and workflow efficient. The DC, in the Arizona desert, is a net-zero energy facility and will provide to co-op retailer with 20 years of free energy, according to Rick Bingle, REI's vice president of supply chain.
Consumer demand is driving a surge in New Zealand's domestic organic market, and supply shortages have caused distributors to turn to imports, according to a recent report by Organics Aotearoa New Zealand (OANZ).
The last three months have been some of the worst the multipurpose and project carrier sector has endured in years. The breakbulk and project cargo sector remain weak, with little suggestion that volumes will improve significantly until the end of 2017, according to a recent report published by global shipping consultancy Drewry.
It's the best of times to take your business global. It's the worst of times to take your business global. With apologies to Charles Dickens, we are living in roilingly uncertain times when it comes to global trade, driving both risks and opportunities as high as they've ever been.