Cargo shipping has changed the world. Literally. Trade has helped drive 80% of the poverty reduction, which has lifted 500 million people across the world above the poverty line over the last 15 years. Between 1980 and 2011, the economies of developing nations raised their share in world exports from 34% to 47% and their…
In the wake of a pending strike from UPS pilots, FedEx pilots have been able to reach a new six-year contract with FedEx management. The FedEx pilots, represented by the Air Line Pilots Association, are now under a new contract that will take over in November, with the option to amend in 2021. With the…
In Mid-October, the UPS pilots, represented by the International Pilot’s Association union, voted an overwhelming 2,251 to 8 to strike against UPS. This vote does not guarantee a strike, but rather opens the door for the IPA to leave the National Mediation Board’s negotiations. Voting to strike comes after four long years of negotiations to…
In August, the Trans Pacific Partnership negotiators came to a standstill, as negotiators struggled to find an appropriate agreement that benefited all parties. With the goal of re-shoring manufacturing jobs, the National Association of Manufacturers pushed for terms that would bring manufacturing jobs back to the United States. In late summer, it appeared that would…
International trading is more profitable than ever as more companies begin to develop. You need to get your share of this growing global market, and it’s impossible to do without having the information you need to find the best business deals possible. An international company directory will help you find the perfect international trading company…
China’s cooling economy has caused many investors to worry, but among those concerns India has remained strong. At the end of august, GDP for the country rose by 7 percent for the quarter, putting its growth on the same level as China. It is also fairing better than many troubled areas in the country, giving…
In late August, U.S. Customs and Border Protection officers at Dallas Fort Worth International Airport seized thousands of mobile phones and their accessories because of alleged intellectual property rights violations. In the inspection, the CBP officials found a shipment of cellular phones and accessories bearing the markings of Underwriters Laboratory, but that appeared to be…
As manufacturers across the globe look for ways to provide the right product and service in a global economy, some trends have risen to the forefront. In the 2015 Product & Service Innovation Survey, IDC Manufacturing Insights found several Business Priorities for Manufacturers. Increased Focus on Technology Technology is also rising to the…
The July Trans-Pacific Partnership negotiations, which took place in Maui, have ended without a deal. This has caused many U.S. supply managers to look at ways to adjust their global sourcing strategies, as they were placing a lot of hope on the talks and the agreement they hoped would come from them. The goal of…
When Cecil the Lion was killed illegally by an American dentist in Zimbabwe with the help of local tour guides, the effect reached into many different industries. The cargo industry has seen some repercussions, as carriers are starting to institute bans on Hunting Trophy Transportation, making it harder for hunters like the dentist to bring…