Looking for the latest news on global logistics and supply chain management? Get inside information on global shipping, warehousing, and foreign trade.
Moving products and services efficiently from one place to another requires logistics management. The same supply-chain management strategy is used in global logistics-only the number of variables is amplified. One of the best definitions of business logistics is “the process of planning, implementing, and controlling the effective and efficient flow of goods and services from the point of origin to the point of consumption.” The word “logistics” dates back more than 100 years, though we tend to equate the term now to the modern processes and technologies that have expedited materials management and distribution. The advantages to developing effective global logistics are many: new revenue opportunities from new markets is the most obvious, but there may also be increased economies of scale, and lower cost sourcing for everything from components to labor. Centralizing global production is one of the best ways to lower per-unit costs and resource budgets. The challenge comes in establishing relationships with international supply-chain partners, and/or building a global sales organization. It’s not enough to put all the pieces in place; it must be done in a way that maintains quality control across longer transit distances and transit times, and that delivers products to the end user at a reasonable value. The longer the supply chain, the more vulnerable it might be to damage or delivery interruptions caused by weather, equipment failure or other obstructions. While global logistics can be modeled, analyzed, visualized, and optimized with sophisticated simulation software, this is a procedure that will always be more reliant on human resources than machines to get the job done.
Rhine River Reopens for Cargo Shipping After Flooding
Cargo shipping on the Rhine River in south Germany resumed on Friday following a closure due to high water levels… Read More
Shippers Forecast Stabilizing Market for Q3 2024
The Q3 2024 index data reveals an optimistic outlook in business sentiment moderated by limited revenue growth expectations. Shippers support… Read More
How Are UK Sectors Tackling Sustainability in 2024?
One-third of the UK’s biggest companies have pledged to nullify their contribution to carbon emissions by 2050, with more and more… Read More
Resiliency, Wherever You Can Get It: Uncertainty In Global Supply Chains Is Going To Stay
Citi has launched its latest Global Perspectives & Solutions (Citi GPS) report titled “Supply Chain Finance: Uncertainty in Global Supply… Read More
America’s Ports Surge Ahead: $5 Trillion In Funding Is Earmarked For Groundbreaking Infrastructure Overhaul
America’s coast hosts more than 300 ports, which are vital to the U.S. economy. Annually, the ports contribute more than… Read More
Innovative Strategy Reduces Cargo Ship Emissions by 17.3%
A groundbreaking approach known as the “Blue Visby Solution” has demonstrated significant reductions in cargo ship emissions during its first… Read More
Canada Freight Market Update
A Note on the Potential Canadian Rail Strike The Canadian National Railway (CN) and Canadian Pacific Kansas City (CPKC) have… Read More
EU and US Drive Forward with Major Rail Freight Initiatives
EU Approves €1.7bn German State Aid to Boost Rail Freight The European Commission (EC) has greenlit a €1.7 billion German… Read More
Northern Challenges: Logistics Solutions for Remote Communities in Canada
Remote communities in Canada face significant logistical challenges due to their isolated locations and harsh environmental conditions. Efficient logistics are… Read More
CJ Logistics America to Open Cold Storage Warehouse in Kansas City
CJ Logistics America, a leading supply chain and technology company, announced the opening of a new cold storage warehouse in… Read More
Speedy Freight Launches First US Branch in Dallas, Texas
UK 3PL Speedy Freight Expands into US Market UK-based third-party logistics provider Speedy Freight has announced a significant global expansion… Read More
U.S. Airports Will Offer Hundreds Of Collaboration Opportunities In 2024
Airports nationwide either have major upgrades in progress, or such initiatives are being designed for a 2024 launch date. A… Read More
« Previous 1 … 3 4 5 6 7 … 553 Next »