While watching the latest Democratic presidential debate, it occurred to me that both political parties are missing a critical issue when it comes to job creation. On the Democratic side, Elizabeth Warren and Bernie Sanders proposed expensive government spending programs for healthcare and regulation. Yet there is no evidence that such programs will drive job growth. On the Republican side, President Trump has talked of bringing back steel. A recent tweet asserts that “Our Steel Industry is the talk of the World. It has been given new life and is thriving. Billions......
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In anticipation of China’s upcoming Double 11 online shopping festival, the country’s second largest e-commerce company JD.com announced that its logistics unit on Tuesday signed an agreement with third-party delivery platform Kuaidi 100. The move may help JD Logistics generate more external orders, as the unit currently only accepts orders made through JD.com platforms and is trying to diversify. It will also enable JD Logistics, which lost money for years before finally earning a profit this year, to directly compete with other logistics companies hosted on Kuaidi 100. That could give a......
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The National Logistics Policy and the Multimodal Transportation Bill aim to bring down the cost of logistics from around 14% of the GDP to 9%. While the industry says such intervention was long due, stakeholders emphasise that outcomes will depend on how policy translates into implementation. Back in June 2016, India rose by 19 places from rank 54 to 35 on the World Bank’s Logistics Performance Index. Experts credited the jump to improvement in infrastructure, emergence of a pool of skilled professionals, and adoption of tech-enabled services such as tracking of shipments.......
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By Patrick Burnson, Executive Editor · October 3, 2019 The 12th Annual Maritime Transportation Forwarding Logistics & Global Supply Chain Workshop will be staged by ABS Consulting in Miramar, Florida October 16 & 17. A major focus of the event will be trade compliance. In this exclusive interview, ABS president Albert Saphir shares his insights. Logistics Management: What is the current status of USMCA? Brexit? U.S.-China trade? Albert Saphir: All is extremely fluid at this point, impossible to say what will happen. USMCA should eventually be approved to replace NAFTA, but it seems to be a complicated trade agreement so no......
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