When e-commerce involves cross-border transactions, a considerable number of opportunities can be leveraged.
I can tell you that since our company was founded in 1881, about the only thing that’s stayed the same is the distance between those two rails.
Growth has made finding good people to hire a tougher task.
Looking back at 2017, the ocean carriers have not had the ability to carry the momentum of rate increases throughout the year.
There are four key areas critical to modernizing NAFTA.
As an industry responsible for connecting world markets, facilitating trade across borders and between continents, efficiency, reliability, and cost-effective solutions remain in sharp focus, not only at a transactional day-to-day level, but at the strategic level to position for the future.
Security remains a top priority within the forwarding community with several enhancements our industry would like to see soon.
Agriculture and forest products exporters must work with our supply chain service providers this year to remain competitive in the increasingly crowded global marketplace.
This onslaught of capacity has reduced the price of moving container cargo to all-time lows, partly because of economies of scale, lower slot charter costs, and supply-demand imbalance. The pressure on ocean carriers operating smaller capacity ships to meet the lower sales revenue is proving too much to generate a profit.
Achieving seamless multimodality and synchro-modality in the transport system will be crucial in meeting Europe’s climate commitments.
E-commerce market share is surging, and from what we’ve seen, many retailers and brand owners are making e-commerce warehouse and distribution a top priority after years of relegating it to second-fiddle status.
Air cargo growth exceeded 10 percent year over year in the first three quarters of 2017. E-commerce was the key driver of that growth.
Federal support for landside and waterside infrastructure improvements, together with security and environmental protection, are key priorities for America’s ports.
2018 will closely follow 2017 as the year of IoT and that is not a reference to the Internet of Things but rather the Internet of Trucking.
The new year will see additional entrants into the logistics technology lottery where increasing numbers of market participants are claiming they have the be-all, end-all digital solution.
The business environment is continually challenged by disruption outside of one’s control. Increased regulations, a tight labor market, record low warehouse vacancy rates, larger ships, and lack of overall slack in the supply chain all contribute to potential disruption, along with the further need for planning and transparent communication. Our ability to adapt, innovate, and collaborate as a shipping community will determine our level of success in the future.
Consistent months of double-digit growth made 2017 quite a year.
Aviation’s continued long-term growth reflects its ability to provide efficient access to markets, serve as a catalyst for international trade, and propel economic and social development.