Fast Flying Facts – Supply Chain Shipping Soaring

International trade’s on-the-grow through the air, despite economic easterly and westerly headwinds, forecasts the International Air Transport Association. Global air cargo is predicted to grow at a five-year cumulative annual rate of 3 percent, and the U.S. will remain the largest single market in 2016.

Worldwide freight volume will reach 34.5 million metric tons in 2016, compared with 29.6 million tons flown in 2011, with annualized growth accelerating from 1.6 percent in 2012 to 3.7 percent in 2016.

IATA predicts the highest volume upticks in the developing markets of Sri Lanka, with a cumulative five-year annual growth rate of 8.7 percent, followed by Vietnam, 7.4 percent; Brazil, 6.3 percent, and India, 6 percent. Furthering that trend, five of the ten fastest growing markets over the next five years will be in the Middle East-North Africa region, with Egypt growing by 5.9 percent annually.

The Asia-Pacific region, which currently accounts for 40 percent of international air cargo traffic, will contribute around 30 percent of the expected total increase in tonnage over the period.

With the continuing shifting of the air cargo industry, costs associated with his mode will likely flutter wildly during the upcoming future. Cost containment is of substantial P&L concern. Consult Data2Logistics on this subject; they can help you manage spend by helping you partner with carriers for shipment schedules and rates that’ll fly with everyone.

Trade Freedom – Europe to Americas, Americas to Europe

The European Parliament has approved a series of free trade pacts with eight LATAM nations: Colombia, Peru, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama, effective 2013. The motivation: that the EU forges stronger links with emerging economies, while their member countries endure economic struggles of their own.

Theses eight nations currently have free trade agreements with the U.S.

If you’re shipping between Europe and LATAM, consider the costs and how best to contain them between regions with widely varying logistics norms. To get a handle on achieving manageable rates from carriers serving these routes between and in-country, consult Data2Logistics. Their place in this world is enhancing transportation operations, helping meet goals for cost reduction and improved oversight. They provide focused resources to support projects relating to pooled purchasing, RFP management, carrier negotiations, TMS software, inbound routing and network analysis, along with a related business intelligence portfolio, informed audit and freight payment services. Their supply chain cost reduction reach provides ability to support all modes of transportation, optimizing logistics operations domestically (wherever’s domestic to you) and everywhere else around the globe.

Better Hurry If You’re Heading to Africa

Africa is one of the top logistics investment opportunities anywhere in the world, according to a new report from the London-based research and consultancy firm Transport Intelligence (Ti). Their rational encompasses the continent’s vast untapped natural resources, along with the foreign direct investment having poured in as Africans’ purchasing power grows. They see many countries in the region, particularly Nigeria, as characterized by a rising middle-class, boosting sales of consumer goods substantially.

If trade is taking you to Africa, or anywhere else in the world for that matter, supply chain cost savings becomes monumental as profit margins are lean. Data2Logistics is poised to help with its Professional Services Group’s offerings to reduce supply chain costs associated with product transportation. These provisions include provide focused business intelligence resources to support functions relating to pooled purchasing, RFP management, carrier negotiations, TMS software, inbound routing, and network analysis, along with informed audit and freight payment services. Data2Logistics has found these areas to be of widespread need throughout the supply chain industry, reducing excess cost associated with organization’s logistics.

Data2Logistics Professional Services Group’s objective is to utilize the company’s business intelligence technology, subject matter expertise and knowledge of the marketplace to enhance transportation operations, improve service and reduce related expenses. They identify opportunities to remove excess cost out of end-to-end supply chains to drive company’s profitability, a primary and prominent position of action of supply chain professionals faced with costs of increasing economic, geopolitical and environmental volatility.

If Three by Air – Cargo Volume Climbing Higher

The worldwide air cargo market will grow 3 percent annually between 2013 and 2016, reaching a global volume of 34.5 million tons, according to the International Air Transport Association, up from the current volume of 29.6 million tons. This constitutes another barometer of growth in uncertain times. Optimistic projections like this have a way of spreading enthusiasm, accompanied by corporate and civic investment.

If air’s a component of your supply chain, Data2Logistics can help you fly-through shipping cost reductions to maximize your internal investment, spanning your transportation operations to help meet your goals for cost reduction and improved oversight. They provide focused resources to support projects relating to pooled purchasing, RFP management, carrier negotiations, TMS software, inbound routing, and network analysis, along with informed audit and freight payment services. Their cost-waste removal reach provides ability to support air and all other modes of transportation, optimizing logistics operations cost domestically and globally.

Flip This – India’s Exporting with Enthusiasm

‘India’s trade deficit widens’ has been the widespread word, with the latest report from India’s Ministry of Commerce Directorate General of Commercial Intelligence and Statistics. Here’s the story numerically: exports in October totaled $23.2 billion, while imports were $44.2 billion, creating a deficit of $21 billion, a 16 percent increase compared to September’s activities. Annually, the current account deficit is $78.2 billion, or 4.2 percent of gross domestic product, compared with 2011’s $45.9 billion, or 2.7 percent of GDP.

For those outside India, it’s apparent the country’s appetite for internationally-sourced business and consumer goods is booming. The BRIC’s ‘I’ is on-the-grow; their civic aggressiveness for out-of-country capital is fostering its continuation, and the world’s enthusiastically engaging their interest. We’re witnessing an international economic catalyst. Are you participating? Is your supply chain optimized to minimize shipping costs to maximize profits?

Good Economic News from Our Neighborhood, Supply Chain Shipping Strong

Our neighbor Port Everglades experienced its third consecutive year of growth, handling 5.9 million tons of cargo as of September 30^th fiscal 2012 year’s end, a 3 percent increase from fiscal year 2011, marking the third consecutive year of growth in cargo, according to a preliminary report from the South Florida seaport.

Port Everglades moved 923,600 20-foot-equivalent units, a 5 percent increase compared with last year, returning the port to the near record levels experienced in 2008 (985,000 TEUs).

We’ll take all the economic encouragement we can achieve, and believe it’ll continue. As your supply chain further evolves based on your company’s developments and market penetrations, focus on elimination of unnecessary transportation costs due to freight billing errors (they happen; carriers strive for accuracy, but overbillings occur, and Data2Logistics can detect and correct). In addition to optimizing your product’s movement, you’ll benefit your bottom line.

Manufacturing’s New Life Born of Rebirth

The United States is the world's largest producer, consumer, and exporter of remanufactured goods, according to a new report by the U.S. International Trade Commission. Remanufacturing, the process of restoring end-of-life goods to original working condition, is a strengthening trend generating growth throughout domestic manufacturing industries. Creating new life with well-designed and built wares works for all involved; those selling product to remanufacturers, remanufacturers themselves, direct/distributor sales channel providers, end-users, and the supply chains supporting it all. A concept well-worth the marketplace attention it’s garnering; everyone’s economy is enhanced.

As your remanufactured goods are recirculating, consider the transportation cost associated with supply chain movement throughout the factory-to-facility logistics. Data2Logistics can enhance your transportation operations, helping meet your goals for cost reduction and improved oversight. They provide focused resources to support projects relating to pooled purchasing, RFP management, carrier negotiations, TMS software, inbound routing, and network analysis, along with informed audit and freight payment services. Their cost-waste removal reach provides ability to support all modes of transportation, optimizing logistics operations domestically and globally.

Reducing supply chain cost is another remanufactured move you can make to your benefit.