Amidst shockwaves emanating from last month's news of the bankruptcy filing of Hanjin Shipping came speculation of a potential silver lining for air cargo carriers. Would the scramble for cargo originally booked on Hanjin vessels provide a windfall for airlines, with a surge in demand to drive up rates and yields?
The recent hack of the Democratic National Committee is the latest in a string of high-profile data breaches that have exposed the private information of millions of Americans. Retail companies, in particular, have been hard hit, resulting in millions of dollars being spent to secure computer systems and compensate consumers.
The Obama administration has used a flurry of tough-sounding trade enforcement announcements in recent weeks to counter complaints from the left and right that free trade is not fair trade - and to assist President Obama in the struggle to win approval of his trade pact with 11 Pacific Rim nations.
Southwest Airlines will haul cargo on international flights for the first time one year from now, according to Wally Devereaux, senior director of cargo and charters.
The world has never been more prosperous than it is today. People around the world live longer, healthier lives than ever before. In emerging markets, billions of people have moved out of extreme poverty. In the developed world, we enjoy better medicines, education, information, connectivity and mobility than most of us could have imagined a quarter century ago.
Airlines are known for their quick and effective social media responses, often helping stranded and annoyed passengers in real time. But while pharma companies can't solve problems instantly with a reroute or seat change, they can definitely look to airline's social media savvy for inspiration, one industry consultant says.
When you buy an "American-made" car, you are probably buying a car that has an immensely complicated mix of components that were also made in Mexico and Canada. The same is true for many electronics, and advanced textiles like carpeting. The beef in your grocery store might be from a cow that was fattened and slaughtered in the United States, but that was very likely born across the border in Mexico.
C.H. Robinson CEO John Wiehoff says there's a pretty straightforward reason why there was so much acquisition activity in the third-party logistics and freight brokerage markets the last two years: the low cost of capital and an active investment community.
The U.S. Customs and Border Protection has expanded its fast clearance plan for ocean freight, the Advanced Qualified Unloading Approval (AQUA Lane) program, which started with a pilot test in four ports late last year.