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Industry News, International

Soaring Trade Deficit Points to Slowing Global Economy

  • March 25, 2019
In 2018, the United States’ trade deficit in goods climbed to an historic high of $891.3 billion, up from $807.5 billion in 2017. During this time, the merchandise deficits with China, Mexico, and the EU all hit record highs, and total containerized exports dropped 0.2 percent. (The overall deficit is $621 billion, offset by the […]
Industry News

A Supply Chain Perspective of the Trump Presidency

  • February 15, 2019
After years of non-stop headlines, it’s possible that the only person on Earth who isn’t tired of hearing about Donald Trump is Donald Trump. Nevertheless, President’s Day at the (probable) midpoint of Trump’s first term is a good time to consider how this presidency has affected the American economy in general and supply chain management […]
International, Shipping

Are You Prepared for Chinese New Year?

  • February 1, 2019
Chinese New Year is almost upon us, and despite being one of the most predictably disruptive annual occurrences in logistics, it always seems to sneak up on us. This year’s official festivities will run from February 5-19, kicking off the Year of the Pig. Chinese New Year is the most important holiday for the world’s […]
Industry News, International

Understanding the USMCA: More than a NAFTA Name Change?

  • November 1, 2018
In the weeks since the U.S., Canada, and Mexico signed the USMCA trade deal, analysts around the world have begun to unpack how this new arrangement differs from NAFTA, and what it may portend for future negotiations with the U.S.. To be sure, the Trump Administration’s hard-line bargaining tactics secured some “wins” for American manufacturers, […]
Industry News, International, Shipping

High Import Demand Collides with Tight Capacity

  • June 22, 2018
Flying in the face of the Trump Administration’s isolationist trade policies, US imports are soaring, buoyed by strong consumer spending. Global Port Tracker projects that this summer, containerized imports will surpass last year’s records, topping 1.83 million TEU each month. That’s great news for retailers, but the brisk rate of trade threatens to run headlong […]
Industry News, International, Shipping

Exporters Survival Guide to Trade War

  • April 16, 2018
It’s a volatile time for US-China relations, and the effects of the brewing trade war are being felt around the world. Seemingly every week, a new volley of tariffs is announced by the Chinese government or the Trump administration, creating uncertainty for freight forwarders, Wall Street traders, and heartland farmers alike. Despite the fact that […]
Industry News, International

2018 Olympics: A Triumph of Athleticism and Logistics

  • January 26, 2018
When people around the world tune in to the Pyeongchang Olympics this February, they will be witnessing not just a triumph of athleticism, but logistics. Every two years, a new city attempts to do the seemingly impossible in hosting the Olympics: building infrastructure, transporting tons of goods, and navigating inevitable crises. As we prepare for […]
International, Shipping

Last Call for Shippers to Take Advantage of Low Ocean Rates

  • January 5, 2018
After a 2017 in which ocean carriers fought to stabilize their industry, rates may be about to drop again in 2018. Tepid economic forecasts and the persistent problem of overcapacity could keep contract rates low for much of the year. While this may be a boon to shippers, the year ahead has plenty of potential […]