The U.S. has implemented new sanctions aimed at cutting off business networks that direct goods and currency to North Korea. As reported by the Wall Street Journal, a current FBI inquiry into the business activities of a Chinese business owner (who has not been...
Carriers Face Congestion in Aftermath of Harvey: Transport Topics
While ports across Texas resumed operations, the intermodal chain continued to face challenges in Hurricane Harvey’s wake, reports Transport Topics. After closing to brace for the powerful hurricane, ports at Corpus Christi, Galveston and Houston returned to normal...
Lego Shifts from Building Blocks to Devices: WSJ via Fox
Children’s taste in toys is changing, with ever younger consumers opting for smartphones and videogames instead of building blocks. Lego is joining other industry leaders in shifting focus to toys for a digital era, Fox Business reports. Picking up a logistics news...
Oil Prices Post Year’s Biggest Weekly Gain: MarketWatch
Oil logged a weekly gain of more than 8% Friday, July 28 — the largest such rise since early December, MarketWatch reports. Three developments indicating tighter supplies ahead are lifting prices: The U.S. is reporting a drop in its domestic stockpiles. The political...
Logistics Managers Gain Insight from U.S. Port Report 2016
Descartes Datamyne provides supply chain managers with fresh news on domestic ocean cargo gateway trends and productivity in its U.S. Port Report 2016, writes Patrick Burnson in Logistics Management. Brendan McCahill, senior vice president of Trade Data Content at...
Dominican Rep. Commitment to EVs Drives Imports: América Economía
The Dominican Republic is the leading Latin American importer and fifth-ranked importer overall of electric vehicles (EVs) manufactured in the United States as of first-quarter 2017, according to newly available trade data from Descartes Datamyne, América Economía...
Pharma Logistics: More Refrigerated Pharma Goods Go Ocean Freight
After falling to historic lows in 2016, ocean freight rates began to recover towards the end of last year, writes Cathy Roberson in Pharma Logistics IQ. Meanwhile, air freight rates remain high and capacity is tightening. More pharmaceutical shippers are looking to...
Data Delivers “Outside In” View of Supply Chains: Forbes on CaaS
Effective supply chain design requires taking an end-to-end view ... and that means looking beyond the four walls of the enterprise to what is happening (or could happen) in the world at large. Recognizing this, providers of Global Trade Management (GTM) solutions are...
Talking Logistics: Takeaways from Descartes Evolution 2017
What is the #1 technology topic Descartes CEO Ed Ryan is asked about? Drones. Which is why a drone took flight above the audience at his keynoter at the Descartes Evolution 2017 Global User & Partner Conference in March. Coolness factor aside, as Ryan pointed out,...
Alibaba OneTouch Raises Bar in X-Border e-Commerce – LogisticsTI
LogisticsTI takes a look at Alibaba’s OneTouch online import-export services (including loans) aimed at small and medium enterprises (SMEs) ... although, take note, Maersk, CMA CGM and a host of other undeniably big transportation providers and forwarders recently...