At its core, the logistics industry is an industry of information. Successful third-party logistics are based on controlling the flow of information. Properly managed logistics involve the careful coordination of various systems of organization and management to ensure things move from producer to consumer with maximum efficiency. When the technology those systems of information are […]
Believe it or not, the high seas are still among the world’s least regulated and governed spaces — a hotbed for black market business, crime, and other unsavory practices. Though over 90 percent of the world’s trade is transported by sea, the prevailing attitude in the maritime world, in terms of security, is surprisingly lax. […]
While it’s true that China’s annual GDP growth is the lowest that it’s been since 1990, the slowdown from a 7.3 percent GDP in 2014 to 6.9 percent in 2015 was expected, and isn’t very far off from economists’ predictions of around 7 percent. So why does everyone seem so alarmed?
Around the world, headlines are piling up about the slowdown in shipping cargo. Some articles place blame on China’s faltering economy. Others point to the strong U.S. dollar. Even some experts admit they have yet to identify the cause. However, the California Ports of Los Angeles and Long Beach don’t seem to have gotten the […]