Manufacturers Who Cut Inventories And Profit Margins To The Bone Are The Most Vulnerable To The Current Crisis
In order for western manufacturers to remain competitive, many components are sourced from China. When China delays manufacturing, western manufacturers’ ability to finish their products and deliver them to market is impeded. To compound that problem, inventories are typically stockpiled for just 15-30 days due to cost-saving inventory management methods such as “just in time delivery”. That spells double trouble for manufacturers and consumers alike.
Read more about how the current crisis is impacting global supply chains at:
(Photo credit: Julius Silver)
Trade Continues Despite US Border Closures with Canada and Mexico
Recent announcements of US border closures with Canada and Mexico state that the borders remain open for trade. Canada’s Transport Minister Marc Garneau explained that truck drivers, train and airline crews are exempt from the restrictions.
Read more about the border closures at: https://www.ttnews.com/articles/us-canada-agree-close-border-remain-open-trade
(Photo credit:Trucks on the road. (John Sommers II for Transport Topics)
Passenger Travel Ban From Europe Causes Severe Disruption Of Air Freight Industry
Some US importers are unaware that the travel ban for passenger flights from Europe will impact their air cargo shipments. The reality is that over 60% of air cargo is carried by passenger aircraft. As a result of the travel ban from Europe to the US, shippers are competing for space on a handful of freighter aircraft, pushing up rates, delaying cargo and diverting traffic through non-European airlines.
Air Force Comes Up With Ingenious RFQ To Expedite Development Of Flying Cars
To promote the development of EVTOL cars, the Air Force will issue an RFQ for a program named Agility Prime, soliciting proposals from commercial developers to design a flying car for troops and cargo. The benefit to commercial developers is that military airspace will be made available to the winning bidders to test their aircraft. Access to military ranges will reduce the time required for certification by the FAA by creating a faster track to proof of airworthiness. Developing the technology for both military and commercial applications at inception would prevent the loss of an entire supply chain to early commercial investors, as was the case with the drone market, now controlled by Chinese investors. Uber and Nasa are working on similar concept vehicles for commercial applications.
Above: Uber’s Flying car concept via breakingdefense.com
In header: Aeromobil VTOL concept via breakingdefense.com)
Transporting Large Animals Internationally
Bei Bei, a large panda, was flown from the US to China aboard a FedEx freighter aircraft. Bei Bei’s 16 hour flight from the US to China was made in a purpose built crate. Before transport, Bei Bei was encouraged to play in the crate so that the trip would be made in an environment he was comfortable in. The crate included his favorite snacks – bamboo, apples and pears, biscuits, sweet potatoes and as much water as he could drink.
Read more about transporting large animals internationally at: https://www.ttnews.com/articles/moving-manatees-elephants-and-pandas-requires-careful-planning-preparation
(Photo Credit: Bei Bei by FedEx)
Journey of a Typical Railcar from Factory Through Locomotion in Another Country
The international journey of new railcars from factory through installation on a track overseas, is not as simple as booking trailers, a ship and cranes.
It starts with engineering modifications to the railcars to create lifting beams and lashing rings. COG calculations are made to ensure the lifting plan keeps the railcar balanced through the lifting operation. At the same time, early shipments are dispatched with tracks, welding equipment and materials, communication and signal systems, depot structures and fixtures as well as track maintenance equipment.
A local crew starts installing the tracks and associated equipment at destination while the railcars are being built and custom fitted with lifting and lashing points for the journey.
This complex process is designed and managed by specialists like Overseas Brokers, with the help of marine engineers who assist in creating lifting diagrams noting center of gravity, drafting of required crane spreader specifications, making angle and clearance calculations, as well as oversight by marine insurance surveyors who supervise every step of the loading/unloading, lashing, lifting, delivery and placement on the final track at destination.
Note: The lifting configuration of the railcar in the photo is designed to maintain a 90 degree angle and keep the railcar level when lifted, to prevent the lifting cables from causing damage to the side panels of the railcar.
Read more about such projects at:
(Photo Credit – above: Via The STAT Trade Times: “This shipment is the first delivery of PNR trains and seven more new trainsets are set to arrive in 2020.”)
(Photo credit: DOTR – via TopGear)
Good News For Office Furniture Manufacturers Offering Global Distribution – More Companies Are Expected To Join Globalization Trend
According to research conducted by Intertrust, a financial services provider to many Fortune 500 clients, 72% of companies surveyed expect to expand to multiple new countries over the next 4 years. The survey showed the biggest obstacles are regulatory challenges and recruiting local staff.
Read more about the survey results, obstacles and outsourced solutions at: https://workplaceinsight.net/most-business-leaders-think-that-major-firms-will-continue-to-globalise/
(Photo credit: Workplace Insight)
Innovant Partners With Overseas Brokers For Large Trading Desk Project In Montreal
We provide global logistics solutions for the contract furniture industry
Here’s just one example: A 600 desk project we handed in Montreal for a top tier global financial services firm. These are height adjustable desks, made in the US by Innovant, a leading manufacturer of trading desks, benching, private offices and conference room furniture.
US Manufacturer Of Trading Desks Provides Global Solution For Trading Firm In London, Singapore, Shanghai And Geneva
LaCour, a US based manufacturer of high-end, custom-designed trading desks, contracted Overseas Brokers for a series of turnkey international furniture projects. The flagship project in London entailed international shipment from the factory in NJ, customs brokerage, delivery, installation and day 2 support for 155 trading desks in London’s most iconic office building, affectionately known as the “Walkie Talkie building”. These high visibility projects were all completed on schedule for a top-tier global trading firm, on behalf of Insidesource, a leading office furniture dealer based in the US.
The Future Of Environmentally Sustainable Supersonic Air Travel And Time-Critical Air Freight Is At Our Doorstep
Boom Technology, a US-based supersonic transport startup, is developing a supersonic jet in partnership with Japan Airlines that will fly from NY to London in less than 3.5 hours. The new jet, named Overture, is expected to be in service for passenger flights as soon as 2025-2027. The reappearance of supersonic jets has the potential to transform the marketplace for time-critical air freight carriers and for courier giants such as Fedex and DHL, by reducing the transit time as well as the environmental impact of freighter aircraft. Boom Technology is exploring ways to improve on the Concord jet by using a new technology being developed by Prometheus, for producing aviation fuel which is converted from CO2 emissions in the atmosphere into liquid hydrocarbon and then transformed into aviation fuel. As a result of developments in propulsion technologies, the new jet is expected to fly at speeds in excess of Mach 2.2 without the use of afterburners, reducing the noise level and environmental damage associated with the first generation of supersonic aviation. Read more about this exciting development here.