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Current and Upcoming Retail Supply Chain Trends

Posted by admin on Oct 7, 2015 12:19:00 PM

Growing consumer demand and ever increasing intolerance for lengthy transit times are forcing retailers to adopt a strategy that will most immediately and economically satisfy the customer demand. Retailers are looking to provide a fulfilling in-store or online experience while managing efficient inventory levels and offering next day delivery of in store and online items. 

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Topics: Logistics Business, Logistics News

Is a Virtual Currency a Payment Option for Global Commerce?

Posted by admin on Sep 28, 2015 12:21:10 PM

Today’s technologies have enhanced the global exchange of information about goods and bolstered transportation networks moving items across borders. The Internet has provided purchasers of goods and services access to a global market with delivery options, from standard to expedited and everything in between. In the commercial markets, things get a little complicated due to global currency transactions. The current payment, clearing and settlement systems are major bottlenecks to the flow of global trade. They are inefficient, have long settlement times and high-cost fees and exchange rates. The ideal solution would be a common worldwide currency. Although the Euro has helped simplify currency transactions in Europe, a common worldwide currency is unlikely.  Bitcoin may be a viable option to ease the currency bottleneck.

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Topics: Logistics News

Widening the Panama Canal

Posted by admin on Feb 7, 2014 10:01:00 AM

The proposed widening of the Panama Canal is going to have a profound effect on the Gulf ports as well East coast ports. It is also going to change the neighboring countries to Panama ports to be a more vital link to US via rail. It is also going to have a major impact on the highway infrastructure in many ports in the US, Savannah and Charleston port authority's have already worked on partnerships between there two states to deepen there waterways to accommodate these new super container-ships.

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Topics: Intermodal Freight, Logistics News