As the legal cannabis industry continues to expand at a rapid pace, navigating the intricate web of trade rules has become increasingly important for businesses to understand. In their insightful discussion, cannabis law experts Vincent Sliwoski and Adams Lee delve into the nuanced regulations surrounding one of the industry’s most perplexing areas – international trade…
As the holiday season approaches, one of the largest delivery companies, FedEx, is raising concerns about an increase in package and truck robberies. Videos circulating on social media depict thefts from trucks and carjackings, shedding light on the risks faced by delivery drivers during this busy time. In response, FedEx has issued a security warning…
The global supply chain landscape is experiencing a major transformation as logistics companies adapt to shifting dynamics. With factors like political disruptions and the COVID-19 pandemic, manufacturers are increasingly investing in supply chain resiliency. Nearshoring, reshoring, and friendshoring are emerging trends that are becoming the focus of logistics companies. In this blog post, we will…
In recent news, bipartisan lawmakers are calling on President Joe Biden to prevent a significant tariff hike on American liquor exports to Europe. This blog aims to provide an overview of the issue, shedding light on the potential consequences faced by the American whiskey industry and the urgent need for intervention. Join us as we…
The European Union is introducing seven new trade and customs regulations that will impact European supply chains in 2024. These new directives will require businesses to remain vigilant and prepared for upcoming changes in compliance requirements. With the rapidly evolving landscape of international trade, it is becoming even more necessary to have a comprehensive understanding…
The International Chamber of Commerce (ICC) has released updated principles designed to standardize sustainable trade and trade finance. International trade is responsible for almost one-third of carbon emissions, making the need to incorporate sustainable practices into global supply chains more important than ever before. Despite the importance of sustainable trade and finance, a consensus definition…
Taiwan’s top trade negotiator, John Deng, has expressed a desire to expand the trade agreement between Taipei and Washington into a more comprehensive free trade deal. This move comes as Taiwan strives to counter China’s efforts at isolating the island nation and bolster its export-dependent economy. In an interview with Bloomberg News in Taipei, Deng…
Forced labor and modern slavery pose daunting challenges within supply chains, threatening ethical sourcing and sustainability efforts. A recent survey conducted by Gartner sheds light on the difficulties that procurement executives face in effectively addressing these risks. In this blog post, we will delve into the findings from the survey and outline crucial steps for…
Rail transportation is expected to become an optimal shipping option in 2024 due to projected 2024 industry trends. This article will analyze the three key factors that contribute to rail’s attractiveness: service improvements, sustainability gains, and technology growth. Service ImprovementsEconomic factors and innovative solutions, such as those introduced by companies like CSX, are expected to…
After 18 months of Western sanctions imposed on Russia in response to the country’s aggression against Ukraine, the effect on the Russian economy appears to be fading, particularly on the federal budget’s oil income. This is due to Russia’s ability to find ways around the sanctions, keeping the oil trade flowing smoothly. In this article,…
Despite trade restrictions imposed by the US and its allies, China has seen a significant surge in imports of semiconductor manufacturing equipment. In this post, we will explore the key findings from a report by Nikkei Asia that highlights the resilience of China’s chip industry and its ability to acquire the necessary equipment. Main Information:…
The negotiations on the trade section of the Indo-Pacific Economic Framework (IPEF) have hit a roadblock, according to U.S. Treasury Secretary Janet Yellen. The setback for the Biden administration comes as they had hoped to announce substantial outcomes this week. Yellen’s comments, made during a news conference, highlight the need for further work in achieving…
