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From Globalization to Glocalization

Enterra Insights

”[5] Glocalization versus Homeland Economics An article out of Australia notes, “Expanding a business internationally is a promising endeavor, but it comes with its fair share of hurdles.”[6] Businesses must weigh the costs of shipping, customs, tariffs, and taxes when expanding internationally.

Global 130
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Does Rail Freight Transportation Really ‘Suck’ that Much?

Logistics Bureau

Why aren’t we using more rail freight in Australia? According to logistics theory, rail freight comes into its own over greater geographical distances. I seem to recall learning back in my Cranfield days that 600 km was the magic number above which rail freight made economic sense. Rail Freight Australia.

Freight 40
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7 Top Supply Chain Trends to Know for 2023

ModusLink Corporation

Carrier rates are declining across the board, and Seatrade Maritime News reported an “expected trough of freight rates to mid-2023 from 2024 with a lower demand forecast and a higher than expected effective capacity increase due to the unwinding of congestion. Container shipping to hit bottom in mid-2023, forecasts HSBC.

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The National Truck Driver Shortage is Threatening the Freight Industry

Elementum

The trucking industry, which moves 70% of US freight, has been facing a driver shortage for the past 15 years. Shipping routes and truck sales have been severely impacted. Other countries including Australia , Canada , and the UK are facing the same issue. Possible Solutions. Millennials could also help solve the shortage.

Freight 60
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What is an EORI Number and Who Needs One?

ShipBob

If you’ve found shipping to EU markets challenging post-Brexit then you’re definitely not alone, check out this blog for 5 things to consider when shipping into the EU. You should provide your EORI number to any parties involved in the shipment of goods, including freight forwarders, customs agents, and carriers.

Ireland 52
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How To Start Your Brewery On The Path To Success

Unleashed

billion by 2024, according to Business Wire. Craft brewing is projected to be a US$107 billion industry by 2024. Unleashed lets you add these additional costs (such as freight and duty) for each purchase order during the receipting process. Fulfillment and Shipping (e.g. and a forecasted market valuation of US$107.85

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The Ultimate Guide to Beer Profit Margins & More

Unleashed

Approximately 85% of the beer sold in Australia is made domestically. Australia’s beer sector is a significant driver of economic activity and domestic jobs, from farming, brewing, packaging, and distribution. The beer industry in Australia is highly consolidated, with these top three players dominating almost 91% of the market.