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Image via Flickr by Official U.S. Navy Imagery Supply chains dependent on shipping between Europe and Asia could see even higher costs in the coming months. The government in Cairo is seeking ways to increase revenues. Revenues have fallen recently due to a slump in Egypt’s tourist industry and other factors. As President Mohamed Mursi…
Image via Flickr by Timitrius The third quarter of 2013 ended much like the rest of the year for the trucking industry, with basically flat earnings and a gain of just 2.8 percent overall. The new hours of service regulations did have an impact on earnings, but not all the carriers reported exactly how much….
Image via Flickr by buddawiggi Effective supply chain management is the backbone of a business but for many companies, it is also a challenge. A typical supply chain involves several entities – buyers, suppliers, distributors, and in the end, customers. Developing long-term relationships at each of these levels is the key to success.Oops! You don’t…
Image via Flickr by MDGovpics Global Manufacturing Outlook 2013, released by the Economist Intelligence Unit of KPMG, is a comprehensive report comprising of answers from 300 senior executives representing five different industries. Now that the results have been released to the public, it is clear that the way companies are achieving a competitive advantage is…
Image via Flickr by paraflyer An upturn in consumer spending combined with greater investments by companies is expected to drive up demand for trucking during the course of 2014, according so new economic analysis reports. Bob Costello, a chief economist who works with the American Trucking Association, expects the number of truck loads to grow…
Image via Flickr darinmarshall On August 31, 2016, Hanjin Shipping filed for bankruptcy protection. Ports refused to accept containers from the company or started charging exorbitant rates, out of fear they wouldn’t be compensated. The collapse of Hanjin Shipping is the largest container shipping bankruptcy in history, and its effect on international supply chains is…