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Global Trade Management: Page 10
Unlocking Track and Trace for FSMA 204 Compliance
While two years may seem like ample time to prepare, the reality is that it takes careful planning and multiple steps to implement advanced track and trace technology.
DSCSA Serialization: The Road to Compliance
Ten years after enactment by Congress, the Drug Supply Chain Security Act (DSCSA) serialization mandates finally took effect in November 2023. How ready are you?
Supply Chain Resilience More Important Than Cost Savings: Bain & Co. Survey
Companies that get supply chain trade-offs right will outperform strategically and set new standards of operational excellence.
Solving the End-to-End Visibility Challenge
Currently, the majority of companies do not use any technology to monitor their supply chain performance. The correct technology, enabling integration between solutions and data, is the key.
Port of LA Kicks Off 2024 with Near-Record January Volume
January also marked the sixth straight month of year-over-year gains for the Port of Los Angeles, surpassing January 2023’s totals by 18%.
Log-hub Update Includes 3D Maps for Supply Chain Visualization
Log-hub said that its 3D maps offering will provide users with increased efficiency and more strategic insights into how companies navigate global supply chain networks.
Maersk: Red Sea Diversions Could Extend into Second Half of 2024
Maersk said that it has added about 6% more vessel capacity to its schedule to keep the flow of trade moving, further adding to the company’s operational costs.
OPEC Report Shows Uneven Delivery of New Oil Production Cuts
The Organization of Petroleum Exporting Countries and its allies pledged significant output curbs this quarter in a bid to avert a surplus and shore up global prices.
New Technology Is Driving a North American Auto Manufacturing Renaissance
Between now and 2030, North American automakers have the potential to leverage new processes and practices to reduce their production costs while reimagining a traditional domestic industry
German Utility VNG Inks Country’s First Deal with Algeria for Pipeline Gas
The agreement, which took effect in January, allows gas to be shipped via pipeline to Italy and then on to Germany, a spokesperson for Sonatrach said.
Farm Exports from the U.S. Hit a Three-Year Low in 2023
The $191 billion generated represents a three-year low in terms of farming and agricultural exports coming out of the U.S.
The U.S. Bought More Goods from Mexico than China in 2023
Mexico surpassed China as the U.S.’s top source of imports in 2023, for the first time in 20 years.
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