article thumbnail

The Changing Face of Manufacturing: How US Manufacturers are Looking Homeward

GlobalTranz

With the rise in global crude oil production and relative political stability in the major oil producing nations, particularly Iraq and Libya, the price of crude oil has fallen from above $100 a barrel to around $50 a barrel in just a year. Drop in the price of crude oil.

article thumbnail

How the Bakken Oil Boom Impacts U.S. Supply Chains

CH Robinson Transportfolio

For those of us in neighboring states, North Dakota is the source of a clichéd “giant sucking sound,” the likes of which this generation has never experienced. The oil and gas industry impacts freight transportation in four significant areas: Diesel Prices. And it has all happened incredibly quickly. Rail Capacity.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Supply Chain and Logistics Predictions for 2016

Talking Logistics

How will transportation, inventory, and sourcing policy decisions change in light of this cheap oil environment? Terrorism : The recent terrorist attacks in Paris and San Bernardino, coupled with the ongoing instability in Syria and Iraq and the spread of ISIS, have raised the risk for terrorism-related supply chain disruptions in 2016.

article thumbnail

Interoceanic Passages

Abivin

This is due in part to the chokepoints they cause in the flow of global freight as well as the fact that they give people access to resources and commercial activity more effectively. billion of its total revenue in the fiscal year 2014, placing it as the third-largest source of income in the nation.

Panama 52
article thumbnail

Complex costs of transportation

Supply Chain Movement

10 questions about Freight Spend Management. There are numerous ways a shipper can reduce freight spend. And freight costs are continuing to rise, pushed upward by factors such as globalized distribution and unpredictable fuel prices. This is an important aspect of managing freight spend. Guinea-bissau. Isle of Man.