Latin American SMEs are grappling with significant hurdles as they navigate the post-Covid landscape. High transportation costs, regulatory compliance, and limited access to finance are among the most pressing issues. Despite a projected 7% increase in foreign direct investment (FDI) and a regional economic growth forecast of 3%, progress remains sluggish. According to the Voice of Independent, Latin America’s reliance on FDI highlights the region’s … Read More
U.S. Strengthens China Tariffs
In a decisive move, U.S. Trade Representative Katherine Tai announced further actions on China tariffs following a thorough four-year statutory review. This review assessed the effectiveness of tariffs imposed under Section 301 of the Trade Act of 1974, aimed at countering unfair trade practices by China, particularly in the realm of technology transfer and intellectual property. Key Outcomes of the Review: Effectiveness of Tariffs: The … Read More
Freight Forwarding in Israel
In the intricate web of international commerce, freight forwarding serves as the vital link connecting businesses to global markets. Nowhere is this role more pronounced than in Israel, a nation whose geographic location and vibrant economy make it a key player in the world of trade and logistics. Strategic Location, Global Reach Situated at the crossroads of Europe, Asia, and Africa, Israel serves as a … Read More
Transloading and Intermodal Synergy
In today’s rapidly evolving global marketplace, the efficient movement of goods has become a cornerstone of success for businesses across industries. As international trade continues to grow and e-commerce takes center stage, companies are seeking innovative ways to optimize their logistics strategies. One such solution that has gained prominence is transloading, a shipping technique that facilitates the seamless transfer of goods between different modes of … Read More
Hazardous Goods Transportation 1 o 1
The transportation of dangerous goods is a critical aspect of supply chains that demands meticulous planning and adherence to strict safety standards. Mishandling hazardous chemicals can pose significant risks to people, the environment, and property. To ensure safe and secure transportation, companies must be well-informed about the various classes of dangerous goods and comply with specific requirements. Understanding Dangerous Goods Classes: Before embarking on the … Read More
Discover More About the Local Food Distribution Process
Local food distribution typically involves the movement of fresh, locally grown or produced food from the point of origin to local consumers. The process can vary depending on the specific type of food being distributed, as well as the size and structure of the distribution network. In general, local food distribution begins with the farmers or producers who grow or make the food. When farmers … Read More
The Logistical Challenges of The Pharma Sector For 2023
According to a report by the IQVIA Institute for Human Data Science, global spending on medicine is projected to reach $1.5 trillion by 2023. Due to the sheer volume of materials that need to be transported and stored in sanitary conditions. All the players in the supply chain must work together, to ensure that the products reach the customer in a safe, timely, and cost-effective … Read More
Port of Miami Expansion
Listen the article here: GLC INC. · Port Of Miami Expansion Projects Underway The Port of Miami, located in Florida, is geographically placed between North and South America, making it a “cargo gateway” for trade in the Americas. It is a powerhouse for east coast transportation because it is increasingly stable for trade from Europe, Asia, and Africa. Recently, the Port of Miami released its … Read More
Port of Savannah Container Volume Increasing
2022 fiscally has been a huge success, according to the Georgia Ports Authority. In one year, Port of Savannah has recorded 5.76 million twenty-foot units being handled, making it an 8% overall increase year over year. Simultaneously, the port of Savannah has also announced that June 2022 was also a record-breaking month for them, handling 494,107 TEUs, which is a rise of a 10.6% increase … Read More
New Incentives for Farmers Exporting from West Coast
Amongst rising shipping inflation costs, the USDA is placing incentives for Farmers in the United States to export their agricultural shipments when using the Port of Oakland or Nothwest Seapport Alliance, to rouse dropping export volumes in the US. For every container of farm goods or general agriculture commodities, all agriculture shippers will be given $200. For any said shippers using refrigerated containers, they will … Read More
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