Logistics technology provider Teknowlogi has launched its Logistics Expert System (LES) - a logistics supply chain analytics platform that uses artificial intelligence (AI) decision-making technology. The same technology has already been deployed in medical diagnosis and stock trading.
Challenge: Transit delays and increased inspections by U.S. Customs and Border Protection (CBP) caused supply chain disruptions for a leading essential oils wholesaler. CBP requests for information and action had been received, and there were documentation errors. Customs brokerage fees were costly.
Logistics providers discuss how they're adjusting to major changes brought about by concerns over the economy, shifts in trade policy, the complexities of the omnichannel, rising customer service demands, and the arrival of a new generation of supply-chain managers.
Challenge: The Liebherr LR11350 is one of the most powerful cranes in existence. To ship this 1,488 ton load from the factory door in Germany, through the Port of Hamburg and to the Port of Mobile, Alabama, every piece had to move together - which ultimately meant a heavy-haul ocean transport.
Shipping goods across borders with reusable containers and tracking systems is better for the environment, consumers and companies, yet differential treatment by customs authorities can be detrimental for business, says the International Chamber of Commerce.
The gap between the top-performing airfreight forwarders and those at the bottom, in terms of profit margins, appears to be growing wider, and may continue doing so for the next few years, according to results of a recent poll by Descartes Software and the U.S. Airforwarders Association (AfA).
Maritime Strategies International (MSI) has forecast a positive short term outlook for dry bulk freight rates, but has cautioned on second half prospects. MSI notes a persistent and positive shift in dry bulk market sentiment in recent weeks, with most Baltic indices at their highest point of the year.
The introduction of physical customs checks following Brexit would be a catastrophe for British ports and shipping and would likely reduce the volume of trade, the head of the sector's UK industry body said.
The latest news, analysis, services and systems regarding freight forwarding and customs brokerage and their impact on global supply chains. Today’s companies are transporting and delivering goods to more global customers than ever before using freight forwarding and customs brokerage solutions that manage international business logistics and customs clearance. As these services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using freight forwarding and customs brokerage solutions to power their supply chains.
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