Global Supply Chains
Tradeshift: ‘Green shoots’ of economic recovery emerging
Global trade fell 14.8% in the second quarter of 2020, according to Tradeshift, but evidence of an upward curve in June suggests the impact of the COVID-19 pandemic could bottom out at the lower end of the 13% to 32% decline predicted by the World Trade Organization.
Tradeshift’s Global Index of Trade Health, released Wednesday, used analysis of business-to-business transaction data to present a week-by-week picture of trade activity across global supply chains. Tradeshift said more than 1.5...
https://s29755.pcdn.co/news/tradeshift-green-shoots-of-economic-recovery-emerging
Commentary: 5G is coming. What happens then?
The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.
The number of bytes of data generated per day is in the quintillions. Recording more video via Zoom or Skype, connecting more machines, household appliances – and perhaps autonomous vehicles as well – via the Internet of Things (IoT) is sure to increase the daily rate exponentially.
Gathering data is one thing, moving it within an ever-growing global community of...
https://www.freightwaves.com/news/commentary:-5g-is-coming-what-then?
Commentary: Never let a good crisis go to waste
The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.
Attention all logistics and supply chain professionals – it’s time to keep a laser focus on recovery. We’ve all been put to the test by COVID-19 – particularly in our supply chains. My hat is off to those of you who successfully navigated the unforeseen changes in demand and had the flexibility to rebound.
And for those of you operating with manual processes and...
https://s29755.pcdn.co/news/commentary:-never-let-a-good-crisis-go-to-waste
Commentary: COVID-19 severely impacts the ‘Blue Economy’
The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.
Since the beginnings of COVID-19, the political rhetoric masking the severity and economic impact of the virus has piled up to levels we have not seen since the U.S.-China trade war. Just as the flow of trade refuted the trade war promises and winning declarations, the same can be applied to the impact and ruthlessness of C-19.
https://s29755.pcdn.co/news/commentary-covid-19-severely-impacts-the-blue-economy
Infographic: US sanctions on Venezuela
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Read the full article here.
https://s29755.pcdn.co/news/infographic-u-s-sanctions-on-venezuela
Commentary: Newark is a hub for logistics – and logistics startups
The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.
As one of the largest world-class logistic hubs, Newark, New Jersey is strategically situated between the Port of Newark and the Port of Elizabeth and Newark Liberty International Airport, efficiently moving millions of tons of freight each year. Together, Port Newark and Port Elizabeth comprise the second-largest port in the U.S. and can handle north of 2...
https://s29755.pcdn.co/news/commentary:-newark-is-a-hub-for-logistics-–-and-logistics-startups
Diversify post-Covid, but ‘shorter supply chains aren’t a shortcut to more efficiency’
A post-pandemic push to diversify and shorten supply chains poses new risks to cargo owners, a senior container transport executive has warned.
Following the virus outbreak in China and subsequent ripples of supply chain disruption worldwide, calls for near-shoring and an end to over-reliance on a single sourcing location have grown louder.
Governments in particular are likely to reassess supply chains for medical equipment and critical drugs.
However, Mike Bhaskaran, chief technology officer …
T...
Commentary: FedEx/Microsoft partnership points to era of supply chain platforms
The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.
On May 18, FedEx and Microsoft announced that they are joining forces to transform commerce. It is the kind of announcement I have been looking forward to and expecting for some time because of Microsoft’s share of the market for desktop operating systems.
It is also the kind of announcement that gives us an idea of where innovation in the supply chain may be...
Commentary: USMCA is imminent
The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.
The United States–Mexico–Canada Agreement (USMCA) officially replaces the North American Free Trade Agreement (NAFTA) on July 1, 2020. This is almost two years after the tri-national negotiations wrapped up on September 30, 2018. In outlining USMCA’s “entry into force,” the United States Trade Representative (USTR) looked forward to a “more balanced, reciprocal...