Firms Shift Focus from Lean Costs to Supply Chain Resilience

Firms Shift Focus from Lean Costs to Supply Chain Resilience

This paper emphasizes the importance of reliability over cost-effectiveness in supply chain management, highlighting the various transportation risks involved. By employing strategies such as comprehensive risk assessment, adapting to seasonal changes, establishing business interruption procedures, and evaluating supplier financial stability, companies can build more resilient supply chains. This allows them to withstand disruptions and ensure business continuity. The Gap fire incident serves as a case study, underscoring the critical role of risk management in the supply chain. Building resilience is key to mitigating potential losses and maintaining operational stability.

Stranded Cargo Ship with Explosives Secured in Great Yarmouth

Stranded Cargo Ship with Explosives Secured in Great Yarmouth

The bulk carrier “Ruby,” laden with potentially explosive fertilizer, was denied entry to multiple ports after being damaged in a storm and deemed a hazardous cargo. Ultimately, Great Yarmouth, UK, stepped forward, developing meticulous plans and emergency measures to accommodate the “outcast” vessel. This incident highlights the safety risks associated with maritime transport of dangerous goods, calling for enhanced regulations, technological upgrades, and international cooperation to ensure the sustainable development of maritime transportation. The situation underscores the need for proactive port management and preparedness in handling potentially catastrophic events.

01/30/2026 Logistics
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Kenco Releases Blueprint for Supply Chain Innovation

Kenco Releases Blueprint for Supply Chain Innovation

Kenco's supply chain innovation blueprint emphasizes that companies should move beyond technological obsession, break down organizational silos, embrace risk-taking, and develop personalized innovation strategies. The role of third-party logistics providers is also evolving, requiring closer partnerships with businesses to jointly drive supply chain innovation. This shift necessitates a collaborative ecosystem where companies and their partners work together to identify opportunities, implement new technologies, and navigate the inherent risks associated with innovative initiatives. Ultimately, successful supply chain innovation requires a holistic approach that integrates technology, organizational structure, and risk management.

US Businesses May Reclaim Millions in Unclaimed Tariff Refunds

US Businesses May Reclaim Millions in Unclaimed Tariff Refunds

Facing opportunities arising from the U.S. Trade Representative (USTR) tariff policy adjustments, how can businesses seize duty drawback benefits? North American customs compliance expert Ben Bidwell reveals the impact of USTR tariff policy changes, the potential for duty drawback amounts, the direction of China-U.S. tariffs, and the long-term effects of tariffs. He advises companies to proactively respond, grasp opportunities, strengthen cooperation with customs brokers and trade experts, enhance compliance levels, and reduce trade risks. This proactive approach is crucial for navigating the evolving trade landscape and maximizing potential benefits.

East Coast Port Strike Threatens US Retail Imports

East Coast Port Strike Threatens US Retail Imports

US import volume is projected to increase significantly in August due to retailers front-loading inventory amid potential strikes at East and Gulf Coast ports. Reports indicate retailers are also diverting some cargo to West Coast ports to mitigate strike risks. The Red Sea crisis further exacerbates supply chain challenges. Retailers need to closely monitor market dynamics and adapt their strategies to navigate these complexities. This proactive approach aims to minimize disruptions and ensure a steady flow of goods despite the ongoing uncertainties in the global supply chain.

01/30/2026 Logistics
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Bill of Lading Crucial for International Trade Efficiency

Bill of Lading Crucial for International Trade Efficiency

This article provides an in-depth analysis of the three core functions of a Bill of Lading (B/L): a receipt for goods, evidence of a contract of carriage, and a document of title. It elaborates on various types of B/Ls, categorized by whether the goods are loaded on board, the consignee designation, the presence of endorsements, the issuance format, and the mode of transport. The article also highlights crucial practical considerations, aiming to provide readers with a comprehensive understanding of B/Ls, mitigate risks, and ensure the smooth operation of international trade.

Guide to Recovering Costs for International Shipping Damage

Guide to Recovering Costs for International Shipping Damage

This article provides a detailed interpretation of the claim process following cargo damage in international maritime transport, emphasizing the importance of timely reporting and a complete chain of evidence. It covers key steps such as reporting the incident, inspection, document preparation, claim submission, and follow-up. Practical evidence preservation techniques and advice on avoiding common pitfalls are offered to help businesses effectively manage cargo damage risks and maximize the protection of their rights. The article aims to guide companies through the complexities of maritime claims related to damaged goods.

Logistics MA Activity Slows As Pwc Reports Q3 Shift

Logistics MA Activity Slows As Pwc Reports Q3 Shift

PwC's Q3 report indicates a slight increase in transportation and logistics M&A deal volume, but a decrease in deal value, with smaller, local transactions becoming dominant. The global economic slowdown is a major factor, but large infrastructure projects may become new growth drivers. Strategic investors are dominant, with Asia and Oceania leading the way. Companies should focus on high-quality assets, carefully assess risks, and flexibly adjust their strategies. The report highlights the need for adaptability in a changing global landscape for logistics companies considering mergers and acquisitions.

US Freight Volume Hits Record High Amid Economic Challenges

US Freight Volume Hits Record High Amid Economic Challenges

The U.S. Bureau of Transportation Statistics reported a record high Freight Transportation Services Index (Freight TSI) of 142.4 in June. Despite economic headwinds, the index surpassed its previous peak, driven by growth in trucking, rail, air freight, and waterborne transportation. This data reflects the resilience of the U.S. freight industry and suggests potential for economic growth. However, caution is warranted due to inflation, rising interest rates, and geopolitical risks. The Freight TSI serves as a key economic indicator, reflecting the overall health and activity within the logistics and transportation sectors.

Global Air Freight Costs Navigating Volumetric Weight Challenges

Global Air Freight Costs Navigating Volumetric Weight Challenges

This article provides an in-depth analysis of international air freight billing rules, focusing on concepts such as volumetric weight, actual weight, and chargeable weight calculations. It reveals industry practices related to handling shipments with high volume-to-weight ratios (often referred to as “dimensional weight” or “chargeable weight”). Through specific case studies, it helps shippers effectively control freight costs and enables freight forwarders to operate in compliance, minimizing potential risks. The article aims to provide practical guidance for both shippers and freight forwarders in navigating the complexities of international air freight pricing.