New federal trade data reveals that Mexico continued its reign as the number one trading partner of the United States for the fourth straight month in August 2022. Total US-Mexico…
Boosting procurement efficiency in business is key to cutting costs and ensuring supply. With procurement being a big expense, even small gains can generate major savings. In this post, we’ll…
What’s the difference between supply chain management and sales and marketing? It’s a common question with an important distinction. While they work hand-in-hand, their responsibilities differ. Supply chain managers are…
The average retail price for diesel fuel in the U.S. fell recently The average retail price for a gallon of diesel fuel fell 2.5 cents last week to $4.955, according…
Operations rely on networks of suppliers and partners working together. Smart management of these connections is key to smooth business workflows. Two roles are crucial – procurement vs supply chain…
DETROIT – Mack Trucks and the United Auto Workers union reached a tentative agreement Sunday night on a new 5-year contract, narrowly avoiding a walkout by over approx. 3,700 workers….
The current ownership of Euronav, one of the biggest tanker shipping businesses in the world, brings to mind a hasty, tragic wedding. John Fredriksen, a shipping magnate, and his business…
A federal court has decided that the nation’s second-largest freight brokerage, Total Quality Logistics, must pay back wages to thousands of former workers who were not paid overtime for working…
Over 90% of global trade is carried out by cargo ships. They link companies and customers globally by moving items across seas. In this blog, the role of cargo ships…
As Brad Jacobs walked up to the stage at the Greenwich Economic Forum on Tuesday, everyone’s main question was, “What is Jacobs going to do next?” This is the next…