US to terminate India as GSP beneficiary: Will India approach WTO against Trump administration's threat?

FirstPost | March 06, 2019

Donald Trump, the famously protectionist American President, informed Congress on 5 March, 2019 that he intends to end India’s and Turkey’s preferential trade treatment under Generalized System of Preferences (GSP). The United States Trade Representative Office (USTR) further confirmed that this was on account of India’s “failure to provide United Stated with assurances that it will provide equitable and reasonable access to its market in numerous sectors”.

Spotlight

Throughout the transportation industry, more carriers are committing to use alternative, sustainable fuels to power heavy-duty vehicles. The low and stable cost of natural gas, in particular, is attractive since diesel prices can be high and often volatile. Additionally, natural gas is produced domestically and is abundantly available. Many environmental groups champion natural gas because it is cleaner-burning and has fewer emissions than diesel.

Spotlight

Throughout the transportation industry, more carriers are committing to use alternative, sustainable fuels to power heavy-duty vehicles. The low and stable cost of natural gas, in particular, is attractive since diesel prices can be high and often volatile. Additionally, natural gas is produced domestically and is abundantly available. Many environmental groups champion natural gas because it is cleaner-burning and has fewer emissions than diesel.

Related News

SOFTWARE AND TECHNOLOGY,FREIGHT

Schneider previews Freightliner’s eCascadia Class 8 electric truck

Schneider | September 07, 2022

Schneider (NYSE: SNDR), a premier multimodal provider of transportation, intermodal and logistics services, is pleased to host Freightliner at its headquarters in Green Bay this week for company associates to experience the eCascadia Class 8 electric truck prior to integrating the vehicles into their fleet.In 2021, Schneider announced the addition of 62 Freightliner eCascadia’s into their intermodal operations in Southern California. Incorporating electric trucks is a crucial step for Schneider in meeting the sustainability goal of reducing 7.5% per-mile emissions by 2025 and 60% by 2035. With Freightliner’s visit, associates at Schneider can experience the electric truck and its capabilities in person. “Schneider is committed to leading the charge in testing and training new technologies before bringing them to the market and we are grateful for Freightliner offering and showcasing such advancements here in Green Bay, Electric vehicle integration is of the utmost importance, and we are so excited for it here at Schneider.” -Schneider Executive Vice President and Chief Administrative Officer Rob Reich While the eCascadia is at Schneider’s headquarters, Schneider Executive Vice President and Chief Administrative Officer Rob Reich is available for media interviews on Wednesday, September 7 between 1:00 – 2:30 p.m. CDT, contact Kara Leiterman to schedule an interview time at leitermank@schneider.com or 920-370-7188. To learn more about sustainability at Schneider, visit here: https://schneider.com/company/corporate-responsibility/sustainability About Schneider Schneider is a premier provider of transportation, intermodal and logistics services. Offering one of the broadest portfolios in the industry, Schneider’s solutions include Regional and Long-Haul Truckload, Expedited, Dedicated, Bulk, Intermodal, Brokerage, Warehousing, Supply Chain Management, Port Logistics and Logistics Consulting. With nearly $5.6 billion in annual revenue, Schneider has been safely delivering superior customer experiences and investing in innovation for over 85 years. The company’s digital marketplace, Schneider FreightPower®, is revolutionizing the industry giving shippers access to an expanded, highly flexible capacity network and provides carriers with unmatched access to quality drop-and-hook freight – Always Delivering, Always Ahead For more information about Schneider, visit Schneider.com or follow the company socially on Facebook, LinkedIn and Twitter: @WeAreSchneider.

Read More

FREIGHT, TRANSPORTATION

Transfix Integrates with e2open Transportation Management System to Offer Shippers Real-Time and Spot Market Rates

Transfix, Inc | September 01, 2022

Transfix, Inc. ("Transfix"), the Intelligent Freight Platform™, announced new API connectivity with e2open's global multi-modal Transportation Management System (TMS), providing shippers with easy automated access to dynamic market rates and capacity. Transfix's new integration with e2open, the connected supply chain SaaS platform with the largest multi-enterprise network, will allow shippers on e2open's platform to access Transfix's nationwide network of top-performing full truckload (FTL) carriers for van and reefer equipment types. Shippers will have access to both real-time rating and spot market rates within the e2open TMS via Transfix's Real-Time Rating (RTR) API and the Spot Market API. "Efficiency and reliability are top of mind for our customers, and this partnership helps drive those goals forward These integrations provide access to a reliable carrier network and remove the 'rate guesswork,' allowing shippers to focus on optimizing their operations and business growth." -Tony Tzeng, Chief Product Officer at Transfix. Through the RTR API, shippers gain instant visibility into Transfix pricing; these rates automatically appear in shippers' routing guides without the hassle of maintaining contracted rates or sourcing from the spot market. Shippers can leverage this real-time information to book with confidence and speed up their spot market engagements by reducing the time from quote to tender. The Spot Market API greatly reduces manual processes, increases the response rate to spot loads, and provides reliable pricing for individual shipments. There is a long-standing void at the intersection of capacity, service, and price. The Spot Market API brings confidence and a competitive edge to shippers looking to bring their freight operations into the future, Tzeng added. Transfix's new TMS integration with e2open was built with simplicity in mind, with a setup that involves a fast and easy online process with only a few clicks and requires no IT assistance (no phone calls or emails). Visit Transfix.io to learn more about the full-scale Intelligent Freight Platform™. About Transfix Transfix drives modern supply chain impact at scale with its Intelligent Freight Platform™. By combining enterprise-grade, machine-learning technology with intuitive software and dedicated supply chain experts, Transfix is enabling organizations to deliver with high performance and high reliability, drive long-term strategy and capacity planning, take empty miles off the road, and optimize their networks, at scale. Today, Transfix connects shippers to nearly 30,000 carriers with real-time, many-to-many freight matching and the visibility they need to make their supply chains more efficient and environmentally responsible. Learn more at Transfix.io. About G Squared G Squared is a global venture capital firm that partners with dynamic companies throughout their life cycles as a complete capital solutions provider, working to create value for companies, investors, employees, and other stakeholders. The firm focuses on investments in growth-stage technology companies and has invested in over 100 portfolio companies since it was founded in 2011. The firm's affiliate, G Squared Ascend I Inc. ("G Squared Ascend I"), offers transformative private companies a path to public markets via SPAC. For more information on G Squared and its portfolio, visit: www.gsquared.com. For more information on G Squared Ascend I, visit: www.gsquaredascend.com. About e2open E2open is the connected supply chain software platform that enables the world's largest companies to transform the way they make, move, and sell goods and services. With the broadest cloud-native global platform purpose-built for modern supply chains, e2open connects more than 400,000 manufacturing, logistics, channel, and distribution partners as one multi-enterprise network tracking over 12 billion transactions annually. Our SaaS platform anticipates disruptions and opportunities to help companies improve efficiency, reduce waste, and operate sustainably. Moving as one.™ Learn More: www.e2open.com.

Read More

SUPPLY CHAIN

NI to Enhance its Global Supply Chain Operations by Selecting Kinaxis

Kinaxis Inc. | August 09, 2022

Kinaxis® Inc. (TSX: KXS), the authority in driving agility for fast, confident decision-making in an unpredictable world, has been selected by NI to undergo a digital supply chain transformation, gaining end-to-end visibility and laying the foundation for continued business growth.NI, headquartered in Austin, Texas, has developed automated test and automated measurement systems for more than 40 years. By leveraging the Kinaxis RapidResponse® platform and concurrent planning technique, NI will enhance the company’s supply chain planning process and supporting technologies, resulting in a more flexible, agile, and resilient supply chain. “A critical component of the NI growth strategy is targeting segments with powerful growth drivers, including electric and autonomous vehicles, wireless communication, and new space technology. Our highly differentiated technologies and offerings enable our customers to constantly evolve their testing systems to get to market faster, To ensure strong relationships with all of our customers, we are committed to modernizing our supply chain process for timely delivery. The unique capabilities offered by Kinaxis align with our priority to serve our customers with the speed and accuracy required. In return, our business will be more predictable and process efficient.” -Adam Rutkovszky, Director of Supply Chain Transformation, NI With Kinaxis, NI will have complete transparency across its supply chain and the ability to balance all aspects of the demand and supply plans instantly and continuously, taking into consideration material restrictions, geographical standards, and market volatility. When changes inevitably occur, the company will be able to run multiple scenarios, simultaneously, removing planner guesswork. “Global supply chains are complex, and part of our people matter here approach aims to remove repetitive tasks and empower supply chain planners to be better equipped to handle disruption and make impactful business decisions We are thrilled to work with NI and support its supply chain, helping them to continue to innovate and provide solutions to their customers.” -John Sicard, Kinaxis CEO About Kinaxis Inc. Everyday volatility and uncertainty demand quick action. Kinaxis® delivers the agility to make fast, confident decisions across integrated business planning and the digital supply chain. People can plan better, live better and change the world. Trusted by innovative brands, we combine human intelligence with AI and concurrent planning to help companies plan for any future, monitor risks and opportunities and respond at the pace of change. Powered by an extensible, cloud-based platform, Kinaxis delivers industry-proven applications so everyone can know sooner, act faster and remove waste. For more Kinaxis news, visit Kinaxis.com or follow us on LinkedIn or Twitter.

Read More