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Image via Flickr Michel Curi The trucking industry is crucial to the success of the American economy. Shipping by truck is typically less expensive than air freight. In addition, trucks can reach more locations than container ships, rail cars, and other types of transportation. That’s why it’s not surprising that the freight truck industry is…
Image via Flickr by U.S. Army Environmental Compound According to researcher Anupam Agrawal, a professor of business administration for the University of Illinois, there are several benefits in establishing relationships with suppliers beyond the first tier. However, most companies are neglecting to reach out to such companies. Agrawal recommends companies establishing such relationships by initiating a “sourcing hub”…
Image via Flickr by jdnx Amazon made headlines on Black Friday 2013 with an announcement that the online retail giant is developing flying drones to deliver packages. The U.S. Army and some interests in Europe are in the process of developing driverless trucks. Now Rolls Royce makes it known that they’ve been developing unmanned cargo…
Image via Flickr by Global Panorama The Apple Watch hasn’t made its debut yet, but many believe it has already cornered the market on smart watches. Why? Because everyone anticipates that the Apple Watch will be more functional and fashionable than any other smart watch already on the market. Everyone is eagerly awaiting for the…
Image via Flickr by memn What does it take to become the next international manufacturing hub? Many countries look to China for the answer to that question. Countries across the world will embark on this “Made In” voyage, but few will discover uncharted market opportunities.Oops! You don’t have permission to view this page! Make sure…
Image via Flickr liftarn At the end of 2016, cargo imports surged. Retailers had experienced strong holiday spending and were stocking up on inventory for 2017. The increased container cargo volume was a welcome change from the lows of 2016, when overcapacity and weak demand caused rates to drop to the lowest they had been…