Remove Freight Remove Iraq Remove Sourcing Remove Transportation
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

Supply Chain and Logistics Predictions for 2016

Talking Logistics

more near-shoring and larger, less frequent shipments to minimize transportation costs). How will transportation, inventory, and sourcing policy decisions change in light of this cheap oil environment? The Rebirth of Transportation Marketplaces (UberCARGO, Cargomatic, and Freight Friend).

Insiders

Sign Up for our Newsletter

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

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.

article thumbnail

Interoceanic Passages

Abivin

Global Maritime Routes and Chokepoints Maritime routes are a few kilometers wide corridors that connect economic regions and cross land transportation gaps. Major routes also involve the transport of raw commodities, including petroleum, grains, minerals, and food items. They form a continuum. More than 1.14

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. Deviations that occur during transportation execution are not necessarily approved immediately.