United States smartphone shipments leaped 30% year over year in March as manufacturers raced to bring new inventory into the country ahead of the tariffs that were anticipated and then announced by the President Donald Trump administration April 2. The increase in shipments boosted U.S....
Maersk CEO Vincent Clerc said President Donald Trump’s vision of a reordered global supply chain can’t happen overnight. Clerc said it would take Trump “a decade or two of persistent effort” to reconfigure the world’s supply chains through tariffs, the Financial Times reported Thursday (May 8)....
Any supply chain is only as strong as its riskiest vendor. When a vendor is offline, out of stock or compromised in some way, the vulnerabilities have negative ripple effects across all manner of firms, right down to the end customers. The same is true...
From law to consulting firms, services firms don’t face the same direct pressure from U.S. tariffs that the goods sector does. However, that doesn’t mean they’re in the clear. U.S.-based goods firms are widely seen as facing the greatest threat from the Trump administration’s burgeoning...
Economic uncertainty is the sentiment du jour in global supply chains as a result of the tariff wars, but consumer spending remains resilient for now, according to the CEOs of Wayfair and logistics giant C.H. Robinson. In a panel discussion at the recent Semafor World...
Beyond tariffs and the shifting supply chains, the re-shaping of international trade depends on one constant: trade finance. Trade finance enables payment for merchandise and services between exporters and importers. It’s an umbrella term that encompasses everything from letters of credit to purchase orders and...
Freight orders are reportedly surging despite ongoing tariff-related uncertainty. President Donald Trump’s decision to pause tariffs in every country other than China caused importers to relax, CNBC reported Thursday (April 10). Andrew Abbott, CEO of Atlantic Container Line, which handles trade between Europe and North...
Middle-mile logistics provider Warp has launched a freight solution that consolidates all outbound freight, including store, wholesale and consumer deliveries. By doing so, the new FlowSkip solution offers retailers and brands greater speed, lower costs and improved efficiencies, the company said in a Thursday (April...
There’s a trade war happening. Governments around the world are imposing and adjusting tariffs to address shifting geopolitical and economic realities. The corresponding supply chain uncertainty has thrown many enterprise back offices into turmoil. On Wednesday (April 2), at an event entitled the “Make America...
