Ports, global trade on the front lines of climate change

Dive Brief: Officials at the COP24 global climate summit in Poland are sounding the alarm about the susceptibility of coastal ports to climate change, according to World Maritime News. The United Nations Conference on Trade and Development (UNCTAD) chief of policy and legislation Regina Asariotis said during the summit that since coastlines could be some of the most […]

Safeguarding the Supply Chain From Natural Disasters

In the past year, a surprising number of natural disasters have devastated communities around the world. From the deadly earthquake and ensuing tsunami that rocked Indonesia, to the multiple hurricanes that have struck South America, to California’s raging wildfires, it seems that such disasters are becoming more and more commonplace. Natural disasters aren’t a new […]

U.S. Christmas Trade Truce With China Buys Supply Chain Managers a Little More Time

Analysts also note that the 90-day truce is a positive outcome for the near-term Asia-Pacific trade outlook, as it averts the previous U.S. plan to hike tariffs on $200 billion of Chinese exports to the U.S. from 10% to 25% on January 1, 2019. While President Donald Trump and Chinese President Xi Jinping a have agreed a […]

Mercedes-Benz takes to rail to move cars to China

Russia’s railway monopoly RZD has delivered the first batch of finished Mercedes-Benz vehicles from Bremerhaven, in Germany, to Chongqing in China. The new route, which is informally referred to as the new Silk Road, has already proved a viable alternative to ocean shipping vehicles from Europe to China, which takes up to 60 days. There were […]

Maersk pledges net zero carbon emissions by 2050

Dive Brief: A.P. Moller – Maersk announced its intent to reach carbon neutrality by 2050 — meaning the ocean carrier will attempt to remove as much carbon as it contributes to the atmosphere. To achieve this goal, carbon neutral vessels must be commercially viable by 2030 and new technology must be brought to bear, said the carrier in a statement. […]

How to Become a Shipper of Choice

As shippers, carriers, and logistics service providers prepare for a busy Q4 2018, here are some ideas for easing the capacity crunch, controlling costs, and becoming a “shipper of choice.” Carriers in the driver’s seat. When the freight market shifted, so did the balance between shippers and carriers. In today’s market, carriers can afford to […]

US, China agree to delay Jan. 1 tariff hike

Dive Brief: Tariffs on $200 billion worth of goods from China will remain at the rate of 10% and not rise to 25% on Jan. 1, 2019, The White House announced after a meeting between Donald Trump and Chinese President Xi Jinping at the G-20 summit over the weekend. China has agreed to purchase a “very substantial” […]

Toyota Australia opens its largest parts warehouse

The largest parts warehouse run by Toyota Australia has been officially opened at Kemps Creek, New South Wales. It is located on 6.4 hectares close to a network of motorways and major arterial roads in the Western Sydney conurbation. The new Toyota Parts Centre (TPC) will house more than 128,000 parts and ship around 27,000 […]

GM closes plants and lays off thousands in move to ‘streamline’

Dive Brief: General Motors will close two U.S. assembly plants, one Canadian assembly plant and two U.S. propulsion plants in 2019, according to a statement from the company. The company will reduce salaried and contract staff by 15%, including 25% fewer executives in an effort to “streamline decision making.” Roughly 8,000 salaried workers and 6,000 hourly workers will […]

Auto tariffs pose biggest threat to US economy, warns OFII

The possibility of Donald Trump placing duties on cars and automotive parts being imported into the US is the largest threat to the country’s economic competitiveness, according to the chief financial officers (CFOs) of international companies taking part in a recent survey. The US Department of Commerce is currently investigating whether it is appropriate to […]