Business Analytics and AI: Separating Promise from Practicality In the world of business, discussions around AI often paint it as the ultimate solution to almost any problem, sparking enthusiasm and a bit of skepticism. Are we truly at the threshold of an AI-powered future, or is this just another case of “fear of missing out”...
In the rapidly evolving supply chain industry, understanding the distinct roles and benefits of third-party logistics (3PL) and fourth-party logistics (4PL) providers is crucial for businesses looking to optimize their logistics strategies. Here’s a straightforward guide to help differentiate between 3PL and 4PL and decide which might be right for your business. What is a...
The U.S. Trade Representative (USTR) recently announced an extension of numerous Section 301 China Tariff exclusions until December 31, 2023. Here’s an overview of this extension and its implications for businesses through the end of the year. Understanding the Background The Section 301 China Tariffs, initiated in 2018 following a USTR investigation into China’s trade...
In the complex world of freight transportation, the creation of the U.S. Department of Transportation’s Office of Multimodal Freight Infrastructure and Policy Freight, known as the Freight Office, marks a significant step toward streamlining and improving national freight policy. I had the privilege of interviewing Andrew Petrisin, the supply chain advisor at USDOT, who is...
In the ever-evolving landscape of global shipping, it’s crucial to adapt and optimize strategies continually. Here are three best practices to enhance your global shipping approach in 2024, addressing the unique challenges and opportunities of the current market. These strategies are starting points for adapting to the unique demands of your business’s supply chain. Each...
As ecommerce continues to reshape consumer buying habits, effectively managing parcel shipping has become crucial for businesses. The surge in online shopping, reflected in the increasing use of mobile devices for purchases, has significantly driven up parcel rates. This shift necessitates a more strategic approach to parcel shipping, including exploring non-traditional carriers and service levels....
For importers, dealing with U.S. Customs & Border Protection (CBP) examinations that lead to detention or seizure of merchandise can be challenging. Understanding CBP’s procedures and an importer’s responsibilities is vital for effectively handling these situations and making informed decisions. Understanding CBP Examination, Detention, and Seizure Processes Best Practices for Navigating Detentions and Seizures How...
With the potential of a government shutdown looming on October 1, 2023, the transportation industry must brace for possible impacts. Drawing from past shutdown experiences, here are key considerations and proactive measures transportation professionals can take: Despite these challenges, it’s important to remember that freight will continue to move even during a government shutdown. However,...
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