China will continue to be strong, most economists agree
In a speech given to the National Retail Federation’s
International Trade Advisory Committee and Strategic Supply Chain Council in New York City
yesterday, the U.S. Federal Maritime Commission gave a brief overview of the current state of the containerized ocean cargo industry.
December shipments––at 928,535––were up 8.9 percent annually and up 0.3 percent compared to November’s 926,198. The busiest month of 2016 was August, which eclipsed the 1 million shipment mark. For all of 2016, shipments were up 2.4 percent annually to 11,137,860, marking the first time in Panjiva’s shipment-tracking history they topped the 11 million mark.
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The Internet of Things will change the way supply chains manage the lifecycle of products, as a slew of new connected devices come to market. The cell phone industry offers a model for how to handle connected products that are chock full of private, personal data.