Commodity trading companies spend a lot of time and energy developing strategies to mitigate risk. Hedging alone isn’t enough, because at the end of the day, commodity trading requires moving commodities across the supply chain. Therefore, effective supply chain management is essential to profitable commodity trading. Effective supply chain
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Transportation prices have risen over the past year, but shippers can cut those costs through smart planning. Tim Benedict, senior director of transportation at APL Logistics, offers the following tips for reducing freight costs. 1. Don’t wing it. Electing to use international air instead of expedited ocean for the
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Alaska distinguishes itself from the lower 48 states by its abundance of natural resources—crude oil, natural gas, and seafood—as well as breathtaking mountain ranges and vast acres of unspoiled land. It also presents logistics challenges: a small but widely dispersed population, many in locales reachable only by water or
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Speed and agility are essential in today’s chaotic and ever-changing world Reflect for a moment on an amazing feat recently accomplished in China, where thousands of people built a hospital in just 10 days. Creating a safe, functional and secure medical facility in 10 days would not have been possible
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