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Container Companies Book Record Profits Despite a Challenging Year in Logistics
Bloomberg writes that logistics companies such as Maersk and Evergreen together made a profit of 150 billion dollars (133 billion euros) in 2021. That is nine times more compared to 2020 and is quite remarkable because the past year was characterized by container shortages and many delays in deliveries. The…
CIMS Developments
Allyn’s proprietary Global Trade Management (GTM) solution, CIMS, is a robust platform that allows clients to maintain the highest levels of compliance while maintaining top operational efficiency. CIMS was developed in-house at Allyn specifically for the purposes of creating a best-in-class trade platform, with the goal of helping clients in…
Truckers Protest in Canada over COVID-19 Regulations Continue into the US
Massive truck protests over COVID-19 regulations that originated in Canada’s capital, Ottawa, on January 29 have sprawled away from urban centers and onto major thoroughfares, including those connecting trade routes between Canada and the United States. On February 10, 2022, the Ambassador Bridge between Detroit and Windsor was partially blocked,…
Allyn’s ATOM Reimagines the Trade Compliance Process
With an increasing number of orders requiring international fulfillment, companies are experiencing the effects of trade policy more than ever before. New tariffs, trade agreements, e-commerce regulations, and even sanctions have led to frequently changing trade requirements, which have caused confusion or delay in most cases. The Standard Allyn’s CIMS…
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Rise of E-Commerce Leads to Increased Trade Challenges in Physical and Digital Markets
One effect of the coronavirus pandemic has been a massive growth in e-commerce– as more people were confined inside their domiciles due to lockdowns and other restrictions, they increasingly began to turn to the internet for their shopping needs. The impact of the pandemic on e-commerce is well documented– online…