Articles
Global Trade Management
TMS Must-Haves for a Competitive Edge
A transportation management system (TMS)—a logistics platform that leverages technology to help businesses plan, manage, and optimize the physical movement of inbound and outbound goods—can help companies navigate uncertain business conditions and boost performance.
Read MoreVertical Focus: Electronics
The electronics industry has seen price hikes, supply chain shortages, an increase in global demand, and much more. Here’s the latest Vertical Focus on what’s happening in the electronics industry.
Read MoreShipping Lines Skip a Beat
Global ports lost more than one-third of their expected capacity to ship containers in 2021, causing economic trouble for some smaller developing nations, among others, finds research commissioned by the Global Shippers Forum (GSF). The study, which was conducted by MDS Transmodal, identifies the extent of capacity restriction in 2021 that resulted from scheduled port […]
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Artificial and Human Intelligence: An Unbeatable Combination
Investment in logistics technology—$26 billion in the past seven years—is white hot right now. Here’s a small sampling of the types of solutions that venture capitalists arefinancing: An artificial intelligence (AI)-driven demand-prediction engine that helps lifestyle brands forecast how many units of a particular item will sell. The mission? To better match global inventory levels […]
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Russia-Ukraine Supply Chain Strain
The commodities markets are the industry category that is experiencing the greatest strain as a result of Russia’s invasion of Ukraine, according to a Dun & Bradstreet briefing report released in March 2022. The report, which assesses the global business impact of the crisis, focuses on the businesses and countries that work with Russian and […]
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Global Trade Management Systems Guide 2022
In today’s complex and unsettled business environment, global trade management (GTM) systems are more important than ever. They can connect sourcing and logistics to make global trade more transparent and efficient. From resource planning and transportation management to data analytics, these GTM providers can help take some of the stress out of managing a global supply chain.
Read MoreTaking a Fresh Look at Brazil’s Transportation Sector
International investors may have had hesitation about moving into new markets amid the myriad changes of the past year. However, as the economy continues to rebound, many are taking a fresh look at one emerging market in particular: Brazil. Indeed, the Brazilian government has been working to establish new regulations that open doors for foreign […]
Read More10 Tips for Ensuring Trade Compliance
Many companies do not prioritize regular trade compliance check-ins until they’re dealing with a problem. Here’s how to manage and improve your international trade processes so you can catch a problem before it arises and remain compliant.
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2021 Global Trade Management Guide
Global trade management solutions became even more important when supply chains were disrupted with the pandemic. By connecting sourcing and logistics, GTM systems help make global trade transparent, efficient, and cost-effective.
Here are some leading GTM vendors and solutions that can help keep your global supply chain on an even keel.
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The President’s 2021 Trade Policy
The Biden Administration’s new trade policy report is filled with laudable goals such as beating COVID-19, American family relief, and the Build Back Better initiative. But should these goals be the basis of U.S. trade policy or negotiating position with other countries? Do our economic competitors enter into trade negotiations with the United States with […]
Read MoreGlobal Trade Plateau?
Order volumes in Western economies have grown significantly, but momentum may be slowing, finds a new report.
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Air Cargo’s Gradual Takeoff
The gradual movement toward recovery to pre-COVID market conditions continues for the global air cargo industry (see chart), according to data from CLIVE Data Services and TAC Index. Year-on-year growth for the full four weeks of August 2020 showed a further narrowing of the gap in international air cargo volumes to -17% versus August 2019. […]
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USMCA FAQ
The United States-Mexico-Canada Agreement (USMCA) replaced the North American Free Trade Agreement to drive mutually beneficial trade among the three countries. Thomas Insights answers some key questions about the agreement. Why is a North American trade deal so important? Mexico and Canada are the United States’ biggest export market, supporting 12 million American jobs and […]
Read MoreHow Election Results Will Impact Supply Chain Stakeholders
The coronavirus, and the associated lockdowns, has brought a great deal of logistics activity – and many business decisions – to a grinding halt. Especially when it comes to international trade, it’s hard for business decisions-makers to decide at the moment if they want to invest heavily in a certain market, or to make commitments […]
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Brexit Baffles Freight Forwarders
Most freight forwarders doubt they can handle changes to the United Kingdom’s trading relationship in 2021, including new customs documentation and procedures, according to a study by the British International Freight Association. Key findings from the report reveal: Lack of understanding: More than half of freight forwarders say they have no knowledge or need to […]
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USMCA: A Bright Light for Shippers
Many businesses around the country are suffering due to the economic impacts of COVID-19. Small and mid-sized businesses especially are being hit hard, with thousands in survival mode. Furthermore, declines in exports and global commerce are affecting the logistics and transportation sectors. However, there may be some light at the end of the tunnel.
Read MoreTipping the Scales on International Trade
Several key events, including the COVID-19 pandemic, the U.S. presidential election, and the United States-Mexico-Canada Agreement (USMCA) implementation, can directly impact international trade in 2020, according to DHL’s survey of U.S. small and mid-sized businesses. DHL’s key findings include: Pullback on international business outlook: 49% of respondents say COVID-19 has caused them to take a […]
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Global Trade Goes Digital
Freight forwarders and shippers can book sea, land, and air cargo shipments to and from anywhere in the world with the rollout of DP World’s online logistics tools and services. The company accelerated the launch to help shippers navigate the COVID-19 crisis and keep trade—particularly essential food and medical supplies—flowing. The new digital trade and […]
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Goodbye NAFTA, Hello USMCA
It’s all systems go for the United States-Mexico-Canada Agreement (USMCA) to take effect now that all three participating countries have taken the final steps necessary to comply with the commitments. According to the agreement, the USMCA is to enter into force on the first day of the third month subsequent to completion of these final […]
Read MoreThe Value of Global Trade Insights in Navigating COVID-19 Supply Chain Disruptions
The coronavirus pandemic has exposed the fragility of the modern supply chain, as companies struggle to acquire the products and raw materials needed to keep revenue flowing. With many businesses relying heavily on a limited number of trading partners, many located in hard-hit areas like China, the scale of the supply chain disruption has been […]
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