article thumbnail

The Biggest Shipping Challenge in 2022: Securing Market Capacity & Pricing

MTS Logistics

Despite labor shortages for supply chain operations, limited warehouse space, congestion and lead time issues, the biggest problem in the shipping industry is still securing market capacity and pricing. This year’s process to secure service contracts in Trans-Pacific trade will be like no other year. million TEUs. and Asia-E.U.

article thumbnail

How to Protect Supply Chain from Cyber Attacks

3PL Links

The supply chain depends more and more on IT systems to ensure information flow and security as it develops. In addition to making data analysis more difficult, using parallel platforms—which are not approved by the company’s IT department—leaves data entirely vulnerable to cybercriminals.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Continuing Education For Licensed Customs Brokers

MTS Logistics

This new regulation requires customs brokers to have the necessary training needed to facilitate compliant trade in the modern operating environment and will allow customs brokers to act as an additional layer of security to prevent illegal goods from entering into U.S. The clients will benefit from better performance and improved compliance.

article thumbnail

The Effects of Cultural Differences on Transportation and Logistics

MTS Logistics

Customs and Export Procedures Logistics companies need to exercise caution in navigating the varied customs procedures of different countries. Failure to secure necessary permits may lead to unwanted legal processes, draining the company’s resources and diminishing customer satisfaction and trust.

article thumbnail

The Effects of Global Warming on Ocean Shipping

MTS Logistics

Coastal infrastructure faces increased security vulnerabilities as increased flooding and erosion jeopardize indispensable port facilities. The erratic Arctic environment necessitates specialized navigation and infrastructure, forcing shipping companies to exercise caution when entering these uncharted territories.

article thumbnail

Freight Procurement is a Different Game

Logistics Viewpoints

An RFP is a data intensive exercise. This made the data analysis easier. This made the data analysis “painful.” Simmons always does an ROI analysis prior to purchasing a solution. If the Emerge marketplace is used to secure capacity, there is a small add-on fee paid by the carrier that is built into the marketplace rate.

article thumbnail

How much stuff is enough?

Logistics in War

Those who were intimately involved in the redeployment of Australian combat elements from Afghanistan in 2013 will have no troubles in citing examples of huge stockpiles of stuff that were created through over ordering, poor stock management, risk adverse planning and a failure to recognise changing security conditions.