Trade policy—it’s a topic that has moved front and center over the past months with the changing administration in the United States. We’re hearing lots of questions about what changes might be on the horizon for global trade and how to consider what might be next. Let’s dig in and discuss some of the top trade related issues.
In January, I attended the Transportation Research Board’s annual meeting in Washington, D.C. with Jason Craig, C.H. Robinson’s director of government affairs. While a variety of issues were discussed, the hottest topic across transportation policy professionals was new technology that could dramatically shape the future of logistics: autonomous vehicles (AV) and their potential implications on society and transportation. Three themes seem to be emerging around AV in freight transportation:
Keeping pace with constantly changing multichannel models can be a formidable supply chain challenge. Increased competition and the quest for growth are driving the need to react quickly to changing market demands, all while maintaining high service standards and meeting consumers’ rising expectations. TMS technology can play a key role in helping companies develop new multichannel capabilities and improve existing ones.
Think back. When you implemented your transportation management system (TMS), it changed your logistics function and became an integral part of your business. Today, companies are beginning to realize that TMS technology can impact business beyond logistics; it can impact sales and contract management.
The global logistics industry was dealt a year full of surprises in 2016, and with that came challenges. For most ocean carriers, the first three quarters were extremely challenging financially. While these financial pressures have been ongoing since 2009 due to several factors, overcapacity was certainly one of the most prevalent. Ocean carriers continue to see their average operating margin dip below zero as rates fell to their lowest levels since 2009. All of this mounted to the Hanjin bankruptcy, one of the largest container shipping bankruptcies in history. This action will continue to accelerate the carrier acquisition activities in 2017. Read More…