Logistics Publications
Top 5 Reasons Why A Career in Logistics May Be Right for You
Posted on February 25, 2020. Category: Logistics Publications
The overall challenge of logistics is to ensure the transportation of the correct product to the right place, at the right time, at the right price. Why should you choose a career in logistics? All types of businesses whether they are big or small, require logistic specialists, coordinators, and managers to keep the business world moving.The Kangan Institute states that the following are the 5 top reasons you should consider a career in logistics. StabilityAs times are changing, one of our main focuses on selecting a career is stability. It is very easy to...
Read MoreReverse Engineering in Supply Chain: White House Discussing Block of Increased GE Jet Engine Sales to China
Posted on February 19, 2020. Category: Logistics Publications, Trade Publications
In an ever-competitive global market, industries have looked toward any slight advantage over rival businesses. One method of bridging gaps in tech or design in your product is through a method known as reverse engineering. Merriam-Webster defines reverse engineering as, “to disassemble and examine or analyze in detail to discover the concepts involved in manufacture usually in order to produce something similar”.The Wall Street Journal and CNBC are reporting a White House discussion to potentially halt an increased number of engine deliveries into China by international business partners Safran SA and GE Aviation. As defined above, President...
Read MoreChina Asks the U.S. to be Their Valentine
Posted on February 10, 2020. Category: Logistics Publications, Trade Publications
February 14th, Valentine’s Day, is quickly approaching and there is still time to get your beloved partner the perfect Valentine’s gift. The classics – flowers, chocolates, dinner and a movie, and jewelry are all great options. However, nothing says “Be Mine?” more than tariff reductions.President Donald Trump’s plans to reduce tariffs on roughly $120 billion of Chinese imports from 15% to 7.5% will go into effect on February 14th. While they do include Valentine’s favorites such as negligees, chocolate, and wine, they also contain most apparel and footwear.In return,...
Read MoreShipping Market Takes the Hit from Coronavirus
Posted on February 07, 2020. Category: Logistics Publications, Trade Publications
The emergence of the coronavirus has shaken the supply chain industry, as retailers and shippers battle against a series of obstacles surrounding the outbreak. The coronavirus, causing pneumonia-like symptoms, is thought to have originated in the wild animal food markets of Wuhan city, one of China’s leading manufacturing centers. The Chinese government has taken efforts to minimize the spread of the deadly virus, which has already taken the lives of many and sickened thousands, by extending the Chinese New Year holiday until February 10th. This extension has already had a noticeable short-term impact on supply chains and will...
Read MoreChinese Logistics Specialist Speaks Out on Coronavirus
Posted on January 31, 2020. Category: Logistics Publications
Since January 23, Wuhan, China – a major industrial and transport hub in the inland Chinese province of Hubei – has experienced a deadly novel coronavirus that has already infected more than 7,900 people globally. Now, human beings are fighting with the disease.Source: https://weibo.com/dxydoctor?topnav=1&wvr=6&topsug=1&is_hot=1#_rnd1580363276893Overnight, British Airways announced that it would suspend all direct flights to and from mainland China, with others expected to follow. United Airlines, Cathay Pacific and Air Canada are amongst the other airlines that had already announced plans to reduce flight numbers....
Read MoreCoronavirus Extends Wuhan Production Halt
Posted on January 29, 2020. Category: Logistics Publications, Trade Publications
The city of Wuhan is one of China's manufacturing centers. The automotive and steel industries have established a huge presence in Wuhan. Many tech companies as well as pharma companies have locations in or around Wuhan, which is now recognized as the center of the Coronavirus outbreak.Currently there is no transportation allowed, either in or out of Wuhan. If you are sourcing or manufacturing items in Wuhan, your supply chain is currently at a standstill.The issues and risk aren’t limited to Wuhan based factories. However, it remains to be seen how other cities will be...
Read MoreHow Australia’s Wildfires Are Affecting Business
Posted on January 13, 2020. Category: Logistics Publications
A major part of operating a business is having contingency plans in place so that it can remain operational in the event of emergencies. Some factors that could affect this plan are within the realm of human control, both internal and external, while others are out of our control and cannot be foreseen. This happens to be the case with the wildfires taking place in Australia.It is extremely difficult to plan for wildfires like you would for expected extreme weather conditions. Typically, there are preparations made in advance for events such as blizzards in northern regions of the world...
Read MoreChanges in the ELD Era
Posted on December 17, 2019. Category: Logistics Publications
In December 2017, the U.S. trucking industry was faced with a tough transition. Truck drivers were required to replace their existing paper logs with electronic logs under the new Electronic Logging Device (ELD) rule established by the Federal Motor Carrier Safety Administration (FMCSA). The goal of the ruling was to improve road safety and minimize road accidents. The final phase of the ELD mandate was set to go into effect on December 16th, 2019, which will require motor carriers to switch their old automatic onboard recording devices (AOBRDs) to ones that will meet the ELD certification standards set by the FMCSA. ...
Read MoreThe Ailing Shipping Industry: Container Fire Incident
Posted on December 17, 2019. Category: Logistics Publications
Container ship's fire incidents have been frequently covered in the news over the course of 2019. In order to decrease the number of incidents, the supply chain industry has established the Cargo Incident Notification System (CINS) in 2011 with approximately 17 shipowners. The most recent major cases fire incidents have occurred on Herbert, Maersk, and MSC container ships. According to a report by TT Club, container ship fire incidents occur every 60 days or so, highlighting a serious problem that has puzzled the industry – improper stowage/cargo declaration. The National Cargo Bureau (NCB), a non-profit organization, has been assisting shipowners since...
Read MoreMaersk Line Changes for 2020
Posted on December 16, 2019. Category: Logistics Publications
Maersk Line, one of the largest container shipping companies in the world, has announced they will stop buying vessels (for now) and plan on expanding their scope to inland services (warehouses/customs house clearing services) as part of their long-term growth. They are already three years into this venture and have invested close to $1 billion, with plans to invest on even more in the future. Since they started, inland sales are still only a small portion compared to the profit from their ocean services. Maersk’s goal will be to have their inland (non-ocean services) profit to be...
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