Archive for the 'Logistics/transportation' Category

How to Meet Global Demand and Diversify Trade

howtomeetglobaldemandanddiversifytrade

How can we make trade safer, cheaper, simpler, and faster for American businesses?  Easy.  The newly minted Trade Facilitation Agreement (TFA) is a game-changer for the way goods cross borders and move around the world.  What is the TFA?

TFA creates mechanisms that bring all 164 WTO member countries to a higher standard for how goods cross borders.

In simpler terms:  the TFA will minimize the hassle of doing business globally.  But that’s not it.  There are three key benefits to TFA that our sponsor, UPS, talks about in the Longitudes blog post below.

  1. Security: Trade facilitation and more secure supply chains
  2. Frictionless trade: Reaching more consumers
  3. Raising standards: Strengthening the supply chain’s weakest links

Read more here.

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next_up_3mar_2017_wegginarNote: Don’t miss our next WEGG webinar 3/8/17 on “Regulations, Conventions, and Battles of the Spirit: The International Trade of Craft Spirits,” and presented by Dr. Sonat Birnecker Hart, President and Co-founder of KOVAL Distillery. Register here:
https://attendee.gotowebinar.com/register/1699936616236520962.
Event is no charge but you must register in advance to attend.

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From Aspiring Actor to Founder of a Global Transportation Company: SHE Gets it Done

FromAspiringActorToFounderOfAGlobalTransportationCompany

Vietnam-born businesswoman Ms. Lily Tran grew up in an entrepreneurial family in Iowa in the United States.  She began working in her family’s retail and trading businesses when she was 14 so she knew what hard work and dedication meant to making a success of the family business. Yet, surprisingly, what Tran really wanted early on was to become an actor when she grew up.

“But I needed to pay my bills while I pursued a career on Broadway, so I took a job in sales in the freight forwarding industry. Needless to say, it was love at first career. Here I am, 17 years later in the same business.”

Tran is founder, owner and CEO of Tran Logistics, a woman-owned, minority-owned small business.  Customers include but are not limited to:  private companies in the aerospace and maritime sectors, as well as U.S. government agencies like the Department of Defense.

Trans says her company handles exports and imports, moving oversized cargo like aircraft engines, satellite equipment, heavy vehicles and equipment, as well as myriad parts and other supplies, offering service to more than 200 cities.

She’s come a long way with her talent and is using two of her greatest gifts — a combination of in-depth experience and personal service in everything she does.

Read more:  Tran Logistics:  a small Miami-based company with a global reach.

Note:  Don’t miss WEGG’s upcoming WEGG Wednesday Webinar on February 3rd at 10:00 a.m. Central time covering how to finance an international business.  It’s no charge but you must register to participate.  Register here.

 

 

 

Number of Women Executives in International Logistics Grows

WomenExecutivesInInternationalLogisticsIsGrowing

Executives in international logistics handle how products are shipped worldwide and ensure they reach their destination. Deborah Winkleback, who’s career started in 1974 at Montgomery Ward, was hired in 1993 at Hoffman Estates-based Claire’s Stores Inc., a retailer featuring jewelry and accessories.  As she worked her way up the corporate ladder, Winkleback fell in love with the international aspect of logistics. Highlights of her accomplishments at Claire’s are as follows:

  • Built a “best in class” logistics and compliance system
  • Earned industry standards recognition.
  • Grew company under her tenure from 110 stores in the United States to nearly 3,200 stores in 46 countries.
  • Established the Winkleblack Second Chance Fund at Triton College (designed for self-supporting women over 21 who were not able to attend college after high school).
  • Developed a Foreign Trade Zone for Claire’s, which allowed shipments to be entered and consolidated at their North American distribution center in Hoffman Estates.
  • Mentors students at Harper College and College of DuPage in careers in supply chain.

The number of women executives in international logistics is growing. According to Council of Supply Chain Management Professions: “About 20 percent of its 8,500 members are women.”

While the majority of supply chain and logistics professionals in previous decades were men, women are increasingly choosing these fields as careers, adding value to their companies, their customers, and to the global supply chain community at large, said Rick Blasgen, president and CEO of the Council of Supply Chain Management Professionals.

Read more: Claire’s executive sees future for women in logistics

REMINDER:  Laurel Delaney will give the first complimentary WEGG Webinar on how to export on Wednesday, January 6th from 11:00 a.m. — 12:00 noon Central time.  Register here: https://attendee.gotowebinar.com/register/6551786751409319169  This is the first in a monthly series.

Global Air Freight Market to Outpace World Trade Growth in 2015

GlobalAirFreight

Increase of cross-border trade has been indicated to be one of the major drivers for cargo traffic in the year.  According to the International Air Transport Association (IATA), it expects global air freight markets to expand by 4.5% in 2015, outpacing the projected growth for world trade of 4%.

As an importer or exporter, you have a choice to ship by air or by ocean.  If you need to move product fast, air is a top choice.

Read:  Global air freight market to grow by 4.5% in 2015, says IATA

Photo Credit: caribb

Posted by:  Laurel Delaney


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