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Image via Flickr berkuspic One of the biggest challenges that many businesses face is figuring out the cheapest and most efficient method for shipping products to customers. Several tools are available for comparing ground shipping routes and prices, but this convenience didn’t exist for air shipping until this year. To help carriers determine fair air…
Image via Flickr by New York District, U.S. Army Corps of Engineers For years, cost savings has dominated the minds and activities of procurement professionals. State of Flux issues studies and reports on trends in the procurement industry. Cost savings consistently reigns in terms of importance. However, for the first time ever, this study revealed that risk…
Image via Flickr by marcopako Millions of Americans grab a cup of coffee from Starbucks on their way to work each morning. In this niche market, smart business decisions mean this coffee chain stays on top in terms of sales. Starbucks leads the market with an efficient supply chain and careful attention to product sourcing.Oops!…
Image via Flickr cuxclipper The container ship industry has experienced significant change recently. An influx of new ships that boast more container capacity and cheaper fuel costs have caused shipping prices to drop and ocean liners to collect lower profits. However, many container ship and port terminal companies see this as an opportunity to expand…
Image via Flickr by Timitrius The third quarter of 2013 ended much like the rest of the year for the trucking industry, with basically flat earnings and a gain of just 2.8 percent overall. The new hours of service regulations did have an impact on earnings, but not all the carriers reported exactly how much….
Image via Flickr mckaysavage After years of political unrest, peace is on the horizon for Colombia. The nation’s leaders are now looking for ways to boost its economy. That’s why Colombia is considering broader world trade participation. The country has been talking to the United States about a mutually beneficial agreement. With 48 million citizens,…