On a personal level we’ve all thought about chartering an entire plane to some far off, exotic locale at some point or another. Not having to deal with long lines, cramped leg room, and strangers in the next aisle over sounds like paradise, especially for people who fly often. For many of us, this will only ever be wishful thinking because many times the negative aspects of flying via private plane outweigh the positives. However, that may not be the case when shipping your cargo. » Read More
Global Trade Resources
FU.S. West Coast Ports: Getting Back on Track
Two weeks ago, U.S. West Coast ports resumed full operations after a tentative labor deal was reached between the Pacific Maritime Association (PMA) and the International Longshore and Warehouse Union (ILWU). This news brings huge relief to businesses and workers as supply chains have been disrupted for months. It’s projected to take several more months to clear port backlogs. Here are steps you can take to minimize the impact of these setbacks.
A Lockout Looms for the ILWU: Why it Might Happen, and What it Means for the Nation
The situation at the U.S. West Coast (USWC) has reached a critical stage. Both the Pacific Maritime Association (PMA) and International Longshore and Warehouse Union (ILWU) have been extremely vocal on their positions, yet no deal is in sight. The PMA has made it very clear that if productivity does not improve, they will be left with no choice but to lockout ILWU. So what does a lockout really mean, and what does history tell us?
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It’s easy to understand the importance of routine checkups with medical professionals like doctors and dentists to gauge a body’s health. Many people have a similar approach with insurance policies or financial investments—annually verifying that the coverage or diversification is still appropriate. So, why wouldn’t you apply the same rigor to supply chains? » Read More
Nearshoring, the act of transferring manufacturing and production lines away from its foreign location and closer to the United States, is increasing in popularity. More U.S. parties show significant interest in better understanding the cross-border shipping process. The increased interest has exposed many misconceptions within the shipping community, which otherwise cloud the fundamentals of cross-border transportation. Clarifying these assumptions helps improve efficiencies, increase visibility, and grow U.S./Mexico trade relationships. Listed below are three common and incorrect assumptions shippers make about the cross-border shipping process. » Read More