Continued soft consumer demand and lower volumes, no seasonal peak, and disruptions at the Panama Canal will lead shippers toward alternative and creative logistics solutions.
Reduced shipment volumes and freight rates, higher costs, and lower consumer confidence continue to pose challenges within the worldwide logistics and supply-chain industries.
As global trade and supply chains approach pre-pandemic levels, demand has cooled and capacity has grown—presenting new challenges amid rising energy costs, high inflation, and uncertainty regarding China.
Supply chain and logistics thought leaders share what they’ve been experiencing, hearing, and seeing within novel coronavirus (COVID-19) industry changes and challenges.
Working with an experienced freight forwarder during challenging times is vital for customs clearance, shipping documentation, insurance, and supply chain management—resulting in lower costs, greater efficiencies, and invaluable relationships.
Newly recommended novel coronavirus (COVID-19) federal regulations and accompanying legal benchmarks are expected to alter current trade and transportation landscapes for ports, carriers, and others.
Proper supply chain planning and transition can help shippers recover from current setbacks, such as tariff wars, consistent blank sailings, record-breaking delays, increased pricing, and COVID-19.
Freight volume upswing, supply chain planning and transitions, and fewer trans-Pacific sailing cancellations will position the industry for emerging growth.
As shippers seek China alternatives to overcome production delays, blank sailings and other bottlenecks, Mexico and Central America are solid choices due to extensive apparel exports, rapid U.S. trade partner growth, and easy intermodal transportation access.
The U.S.-China trade war and ongoing disruption from the novel coronavirus pandemic present significant challenges to shipping, freight forwarding, and the apparel industry overall. Experts from across the sector weigh in on these challenges and potential solutions.
Top apparel industry executives share their critical insights on what they’ve been experiencing during the ever-evolving COVID-19 crisis, and its impact on shipping and logistics.
Despite the ongoing global COVID-19 pandemic and devastating economic fallout, international trade will eventually bounce back, with alternative countries of production and free trade agreements contributing to optimism for the apparel industry.
The apparel industry continues to experience production delays, blank sailings, and transportation bottlenecks due to current global health and economic crises.
A freight forwarder can help shippers remedy the current economic downturn through creative contingency planning, supply chain transitions, and cultivating relationships with alternative production nations.
It’s important to evaluate capacity, infrastructure, production costs, competitive ready-made garment landscape, and other challenges when shifting your supply chain to Bangladesh.
Ocean carrier consolidation is leading to increased costs for shippers to transport goods, a burden overcome by working with a freight forwarder well versed in carrier rate negotiations, transportation audits, and tariffs, such as CAF Worldwide.
It’s important to evaluate production logistics, costs, infrastructure, labor force capabilities, points of entry and other challenges when considering shifting your supply chain to Vietnam.
The International Chamber of Commerce’s new Incoterms take effect Jan. 1, 2020. Here’s everything you need to know about its latest updates and how to prepare.
Threatened tariff increases on additional Chinese goods will have long- and short-term effects on shippers. Strategies such as duty drawback, production relocation and tariff engineering can help you stay ahead of the curve.
New trade barriers and tariffs, a shift from China to developing markets, and greater consumer expectations regarding next-day delivery, transparency, and sustainability are among this year's apparel sourcing trends.
Trump administration tariffs on billions of dollars of Chinese commodities have caused supply chains to shift elsewhere, specifically Southeast Asia, among other impacts.
Exported goods originally imported, with duties paid, various forms of proof, and meeting other requirements may qualify for duty drawback by U.S. Customs.
CAF Worldwide, a NVOCC, provides exceptional customer service, communication and flexibility for establishing a fully optimized international supply chain.
Inflated costs—trade war-related and otherwise—are forcing companies to reconsider supply chains. Partnering with an experienced logistics provider is key.
Critical determinants for selecting a logistics partner include customer service, reputation, area of expertise, financial stability, and relationships.
Though not legally mandated, yes, a customs broker can help importers and exporters avoid costly errors pertaining to the necessary documentation and examination of goods, among other significant advantages.
Freight forwarding is the planning and coordinating of the movement of commodities across international borders, on behalf of shippers. Other tasks involved include, but are not limited to: warehouse planning, supplying cargo insurance, and customs brokerage.
CAF Worldwide CEO and founder, Joe Barry, weighs in on the state of global trade including tariff updates, global economic outlook, and freight forwarding insights.
International freight forwarders are tasked with arranging the intermodal transportation and customs clearance of goods on behalf of shippers. Without forwarders, shippers would be faced with a massive logistical burden that would be detrimental to the global market's overall productivity.
Supply chain management comprises the strategic manipulation of all supply chain processes, including sourcing, manufacturing, distribution and transportation logistics, to optimize operations for improved cost, asset utilization and revenue.
Customs brokers use their specialized industry expertise to assist importers and exporters in garnering customs clearance across international borders.
Freight forwarding agents vary, with different types generally providing a diversified array of ocean freight services. These encompass everything from logistical support, customs brokerage and cargo coordination to dispatch, tracking and price monitoring.
The difference between logistics vs supply chain management (SCM) includes the former as a subset of the latter and respective roles representing the activities involved in moving goods from one point to another versus the umbrella term encompassing business philosophy and all SCM processes.
Freight management logistics encompass the technology, experience, human resources and knowledge utilized to facilitate effective, efficient and expeditious coordination between carriers and shippers and ensure goods are delivered on budget, and on time.
Freight class is a standardized shipping industry pricing classification establishing uniform parameters for commerce between multiple brokers, warehouses and carriers. It is determined based upon a range of factors, including: ease of handling, value, weight, length, height, density and liability.
Learn the elemental components and considerations freight forwarders must weigh when deciding between air freight transport options, including the many benefits inherent with shipping products via aircraft, such as supply chain efficiencies and more timely deliveries.
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