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Image via Flickr cuxclipper The container ship industry has experienced significant change recently. An influx of new ships that boast more container capacity and cheaper fuel costs have caused shipping prices to drop and ocean liners to collect lower profits. However, many container ship and port terminal companies see this as an opportunity to expand…
Image via Flickr by Jason A. Howie On March 6, 2015, the U.S. Department of Commerce announced that the trade deficit for goods and services has reached $41.8 billion. That’s the highest it has ever been. And, that number is expected to grow because of weak economic growth overseas and a strong dollar. This says…
Image via Flickr mckaysavage After years of political unrest, peace is on the horizon for Colombia. The nation’s leaders are now looking for ways to boost its economy. That’s why Colombia is considering broader world trade participation. The country has been talking to the United States about a mutually beneficial agreement. With 48 million citizens,…
Image via Flickr bencorman H&M is one of the largest fashion retail companies in the world. Despite years of supply chain challenges, the company has remained profitable and popular. H&M has done this by strengthening its brand against growing concerns for the environment and human rights during manufacturing. Read on to learn more about H&M’s…
Image via Flickr by Alan Cleaver Nov. 29, 2013 was a busy news day. When news analysts weren’t weighing in (and duking it out) over Obamacare, reporters across the nation were running spots on long shopping lines, customers who camped for days in frigid temperatures to get the best deals, and even a few skirmishes…
Image via Flickr by Rennett Stowe West coast ports faced a nine-month long work slowdown because of labor disputes between the Pacific Maritime Association and the International Longshore and Warehouse Union. There was even a short period of time where the ports closed. Thousands of companies had to make adjustments to their supply chains to…