The global automotive industry is undergoing big changes. Emerging markets, customer preferences and technology are all playing a huge role in this transformation and its effects will result in redesigning of supply chains. As the automobile industry transforms, competition will increase and from unlikely businesses such as Google and Apple along with niche automobile manufacturers such as Tesla and startup company, Faraday Future. It is likely as competition increases, consolidation and joint
Your Air Freight Questions Answered – The Operations Edition
When you’ve been in the air freight business as long as we have (Established 1977 – thank you very much) you encounter nearly every scenario possible where it comes to moving goods by air. We once saw an air freight shipment of a mast for a sail boat that was so long it had to be loaded by popping out the cockpit windows, sliding in the mast and then securing it for flight. The question most asked after hearing that story is “how did they fly the plane with open cockpit windows?”
Your Air Freight Questions Answered
Here at the Exporting Excellence™ blog we invest a great deal of time in answering questions about international air freight for our clients. What we find most interesting is the fact that these questions don’t just come from small or mid-sized customers, but even from Fortune 500 sized shippers who have large air freight volumes. One of the most important ways we at Crescent Air Freight add value to the business of our
“There has been an awakening. Have you felt it?” says Supreme Leader Snoke in “Star Wars Episode VII The Force Awakens”. He was referring to something entirely different from what I’m getting at, but there is some kind of change going on in the business world. It’s more than a trend or fad. The fact is that all things “small” are not just “cool”, but actually in high demand and perceived to be of higher value than “big”. This is
Are you a Traffic Manager in the know?
Managing traffic is one of the most important roles in the logistics industry. When a shipment of car parts is delayed, a pallet of iPhones is misrouted or the authorities come calling about a compliance issue, it’s the traffic manager who usually has to face such matters before anyone else in the organization. A traffic manager is essential to ensure these types of incidences do not happen. To be successful, traffic managers have to juggle many
Opportunities in the Ocean Freight Business and U.S. Ports
Over-capacity and falling rates define a struggling ocean freight market. According to industry analysts, the collapse in rates has not only been attributed to declining demand but also to over investment in shipping capacity by ocean carriers. Indeed, the introduction of new capacity has primarily been in the form of larger ships; however, the expected profits from these ships have yet to materialize. Meanwhile, investments in ports are underway to not only
Amazon Gets Set to Disrupt the Freight Forwarding Market
After building an enviable fulfillment process and network, acquiring trailers to transport goods between fulfillment and sortation centers, dabbling in its own delivery services and dipping its toes in air cargo, Amazon is now eyeing the ocean freight forwarding market.
Should other freight forwarders be concerned?
Freight forwarders are already facing a difficult market thanks to overcapacity, declining rates and a global economy that has remained in the doldrums for several years. However
U.S. Exports of Banking Equipment
Here’s What We’ve Noticed:
If you follow the world of online transactions and mobile payments, then you’ve heard about such important events as the IPO of Square, Inc. and the spinoff of PayPal from global ecommerce giant Ebay. While these startups and relative new comers to the financial markets
Saudi Arabia – Not Just for Oil
When one thinks of Saudi Arabia and international trade, oil typically comes to mind first, but times are changing. The price of oil has been on the decline over the past couple of years and as such Saudi Arabia has been diversifying its economy. As a result, opportunities exist for exporters.
Saudi Arabia is the 19th largest exporter and the 20th largest import market in the world. Among the top exports is of course, oil, but also plastics
Trade with the largest European Economy – Germany
As one of the largest producers of automobiles, Germany offers great opportunities for U.S. automotive equipment suppliers. It is the largest European economy and the third largest export and import economy in the world. Centrally located in Europe, Germany’s 2014 GDP was $3.8 trillion with real growth rate of 1.6%.
Germany is home to such automobile manufacturers as Adam Opel AG, BMW, Daimler AG and Volkswagen. Besides being a large producer of automobiles