Intermodal Transport Faces Postpandemic Congestion Capacity Crunch

Intermodal Transport Faces Postpandemic Congestion Capacity Crunch

Larry Gross highlighted the challenges facing multimodal transportation at the RailTrends conference, including congestion and capacity shortages, leading to market share decline. He emphasized the need to reshape the supply chain, focusing on resilience and capacity. Gross also predicted a future shift in freight volume from west to east. He urged the industry to avoid repeating past mistakes and capitalize on emerging opportunities. The presentation underscores the critical need for innovation and strategic planning within the multimodal sector to navigate current and future supply chain disruptions.

Experts Advise on Tackling Global Supply Chain Disruptions

Experts Advise on Tackling Global Supply Chain Disruptions

Larry Gross highlights the recurring issues in supply chains, projecting that the logistics industry will face volatility, policy changes, and uneven demand by 2025. The article emphasizes the need for increased transparency, enhanced risk management, optimized transportation portfolios, strengthened collaboration and synergy, and embracing digital transformation. Furthermore, it calls for supportive government policies to break through the current difficulties and achieve sustainable development in the logistics sector. These strategies are crucial for navigating the complex challenges and fostering a more resilient and efficient supply chain.

Global Customs Tackle Ecommerce Valuation for Smoother Trade

Global Customs Tackle Ecommerce Valuation for Smoother Trade

The World Customs Organization (WCO) held its second seminar on E-Commerce and Customs Valuation, focusing on the valuation challenges in cross-border e-commerce. The event brought together international organizations, customs administrations, and private sector representatives to discuss policies, procedures, and practices. The aim was to address the challenges posed by the dynamic nature of e-commerce trade, facilitate trade, and build a fair and efficient cross-border e-commerce ecosystem. The WCO is actively working to develop a more comprehensive e-commerce valuation system to promote the healthy development of cross-border e-commerce.