Customs checks at the border after the U.K. leaves the European Union could cost 1bn pounds ($1.3bn) a year and cause delays for goods being shipped in both directions, according to a report by Oxera, an economic consultancy.
Unprecedented heat waves could ground nearly a third of flights during the hottest days, forcing carriers to jettison cargo in order to take off, according to a recent study.
International trade routes are increasingly reliant on a small number of key ports, straits and roads that if disrupted will threaten global food supply, according to a report.
India's greatest tax reform - replacing an array of provincial duties with a nationwide goods and services tax - is transforming the logistics industry in a country where moving stuff around is notoriously difficult to do, executives say.
Not long before Don Holman's son Garrett died from an overdose in February, he learned his 20-year-old had his drugs delivered directly to their Virginia home in the mail, in packages from foreign countries.
Logistics technology provider Teknowlogi has launched its Logistics Expert System (LES) - a logistics supply chain analytics platform that uses artificial intelligence (AI) decision-making technology. The same technology has already been deployed in medical diagnosis and stock trading.
Challenge: Transit delays and increased inspections by U.S. Customs and Border Protection (CBP) caused supply chain disruptions for a leading essential oils wholesaler. CBP requests for information and action had been received, and there were documentation errors. Customs brokerage fees were costly.
Logistics providers discuss how they're adjusting to major changes brought about by concerns over the economy, shifts in trade policy, the complexities of the omnichannel, rising customer service demands, and the arrival of a new generation of supply-chain managers.
The latest news, analysis, services and systems regarding freight forwarding and customs brokerage and their impact on global supply chains. Today’s companies are transporting and delivering goods to more global customers than ever before using freight forwarding and customs brokerage solutions that manage international business logistics and customs clearance. As these services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using freight forwarding and customs brokerage solutions to power their supply chains.
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