Uncertainty regarding whether Trump will actually impose the tariffs he has proposed is a matter of intense speculation.

Conventional metrics, like cost and annual spend, have historically guided supplier performance evaluations, but they miss the true operational risks posed by potential disruptions.

Tolls charged for naval ships crossing the canal are based on the amount of water used and the type of ship, Mulino said.

The Suez Canal is a vital source of foreign exchange for the $380 billion Egyptian economy, whose currency slid to a record low in the past month.

Three Panamanian ex-presidents and Mexico’s new president, Claudia Sheinbaum, expressed solidarity with Mulino.

Software alone can’t fully address the need for visibility. Companies need to expand their data sets by integrating functional and regional silos and formalizing supplier and vendor reporting.

Trump has repeatedly said tariffs will create more factory jobs, shrink the federal deficit, lower food prices and allow the government to subsidize childcare. Economists disagree.

3PLs enable e-commerce brands to focus on growing their presence in global markets without being overwhelmed by logistical hurdles.

President Claudia Sheinbaum warned that the proposed 25% import tariffs on all goods entering the U.S. would result in mutually assured economic destruction for both countries.

The China-backed megaport has the potential to create whole new trade routes that will bypass North America entirely.