Remove 2010 Remove Asia Remove Shipping Remove Sourcing
article thumbnail

Molex Prizes Agility

Logistics Viewpoints

But more than half of their shipments – including a significant portion that begin at factories in Asia – travel across oceans or continents These long-distance shipments go by ocean, air, or rail. The 2010 Eyjafjallajökull volcano eruptions in Iceland, for example, caused enormous disruption to air shipments across Western Europe.

article thumbnail

10 Must-Watch Negotiation Movies: Master the Art of Persuasion with These Gripping Films

SCMDOJO

True Grit (2010) The 2010 film “True Grit” depicts the stubborn teenage Mattie Ross as she seeks to get revenge for her father’s murder. The central theme centers on the talks between the shipping company’s chief executive officer and the Somali pirates’ interpreter.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Homeward Bound: Reshoring's Shaky Momentum

Elementum

But Walmart is not alone in its move towards “reshoring” jobs, moving factories back stateside after a decade-long exodus to cheaper manufacturing facilities in places like Southeast Asia. In addition to labor costs, cheaper energy sources have become available with the recent boom in shale gas and oil. may be beneficial.

article thumbnail

Will the New Panama Canal Save the Shipping Industry?

Elementum

The expansion of the Panama Canal, which handles about a third of Asia-to-US trade, is poised to boost trade and shipping services by shortening the one-way journey by sea from Asia to the U.S. The expanded canal, which started commercial operations on June 26, is expected to alleviate cargo bottleneck caused by smaller ships.

Panama 60
article thumbnail

Freight In The Year Of The Monkey

Freightos

Chinese carriers are increasingly using these platforms to consolidate LTL loads, driving more effective shipping. Given China’s fragmented trucking market and heavily tolled road infrastructure, platforms introducing more cost-effective shipping should become even more popular. Image Source: Brics-Info.org.

Freight 120
article thumbnail

How COVID-19 is Battering Australia’s Imports and Exports

Logistics Bureau

The effects include: Severe disruption to shipping, with many Chinese ports operating at drastically reduced capacity and around 200 sailings cancelled. Top Five Trading Partners and Value (in AUD) of Imports to Australia in 2010. Source Australian Bureau of Statistics. Germany, $5.471 billion – partner share 5.01

article thumbnail

7 Principles of Supply Chain Management Explained

Supply Chain Opz

More than 10 years pass and this article is considered the "classic" article and got republished in 2010. For example, in 2011 Amazon initiated a program called Amazon Prime (free 2-day shipping and discounted 1-day shipping). As of now, it got more than 160 citations from both scholarly articles and trade publications.