Real-time insights from border crossings allow companies to re-route shipments, renegotiate supplier terms, or rebalance inventory before the ripple effects settle in.
Even traditional automation of assigning HS codes, in the form of digitally stored and searchable codes, is of limited utility. Enter artificial intelligence.
Without access to sales trends, the supplier can’t see actual demand, making it difficult to respond quickly to changes and forcing them to hold excess inventory as a “safety buffer.”
The increase was fueled by demand from American businesses that have been rushing to import products before President Donald Trump’s latest round of tariff hikes kick in.
The Houthis began attacking commercial vessels in the Red Sea after Israel launched a campaign against Hamas in the Gaza Strip, disrupting global shipping routes.
A port operating at 90% of capacity generates a lot of inefficiencies, with increased dwell times that can quickly create delays further down the supply chain.
The latest news, analysis, services and systems regarding global logistics and freight and their impact on global supply chains. Today’s companies are transporting and delivering perishables and manufactured goods faster and farther around the world than ever before through global logistics solutions. New technologies that provide information during global shipments are transforming the way companies do business - and allowing them to stay ahead of the competition in their industries. As transportation and distribution services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using global logistics solutions to power their supply chains.
Subscribe to our Daily Newsletter!
Timely, incisive articles delivered directly to your inbox.