Recently, artificial Intelligence (AI) has been revolutionizing industries across the globe, and it is starting to make its mark across global trade and supply chain processes. AI was a big focus during this year's International Compliance Professionals Association...
More than halfway into 2022 and we are only certain about one thing – that predicting global trade flows is harder than ever. As Descartes’ Chris Jones writes, high inflation and the Russian invasion of Ukraine threaten to depress the economy. Read The Article »
Surging imports into the U.S. towards the end of the year typically ring up holiday cheer for distributors, retailers and other businesses. But with many ports, especially those along the western seaboard, experiencing severe and sustained congestion, higher volumes...
Market watchers who bet on a post-pandemic commodities supercycle are looking like the smart money. Resurgent demand chasing short supply is driving prices to premium levels across global markets. Among the hottest sectors, metals saw prices take off from March lows...
While it seems that COVID-19 is largely under control, the pandemic continues to affect supply chains in a profound way, according to latest global trade data from Descartes Datamyne. This includes new disruption of manufacturing and logistics operations with further...
Billions of dollars of merchandise tied up in the Hanjin Shipping bankruptcy But what if the Hyundai deal falls through, asked Global Trade, and Hyundai is not able to ride to the rescue. Details of the potential disruption to the supply chains of companies in the US...
As of Labor Day, Global Trade was taking legal steps to prevent seizures of its ships and Hyundai Merchant Marine was in talks to take on some of the bankrupt carrier’s assets and customers. But what if the Hyundai deal falls through, asked Global Trade, and Hyundai...
Liquor delivered another year of growth in 2015, with domestic sales up 4.1%. One driver of growth has been the growing thirst for whiskeys, both the American varieties – Bourbon, Tennessee and Rye – and imported Irish whisky and Irish whisky. As Global Trade reports,...
WTO forecasts 9.5% growth in trade volumes The World Trade Organization (WTO) projects a rebound in world trade in 2010, recovering some, but by no means all, ground lost in 2009, when global trade volumes contracted 12.2% — the largest decline since World War II. If...
