STAY INFORMED!



Multiple factors have fed rising costs for transportation: overworked U.S. gateways and inland transportation systems, escalated fuel prices, and growing concern about climate change.
Inevitably and necessarily, the transportation and freight industries alike are undertaking fundamental changes in their operational strategies.
In "The Impact of Increased Transportation Costs on Global Supply Chains: Five Key Trends," Dr. Evelyn Thomchick, Associate Professor of Supply Chain Management at Smeal, and Dr. Kusumal Ruamsook, visiting research scholar, discuss global supply chain strategies for remaining profitable and socially responsible. The paper reports that success can be achieved through multiple avenues ranging from shipping larger loads, shifting manufacturing closer to the point of consumption, to sourcing product and raw materials from closer sources, even at higher prices. Key trends are discussed individually.

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