December 1, 2017

During the upcoming holiday season, analysts estimate shoppers will spend more than $100 billion online. The majority of these purchases will likely be made on Amazon, which has attracted millions of loyal customers over the years through perks like free two-day shipping. But while undoubtedly convenient, quick shipping is far from environmentally sustainable. This video outlines the problem while also offering a few potential solutions.

Questions:

  1. How does Amazon’s free two-day shipping program cause more trucks to end up on Continue reading
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April 28, 2017

Today’s globalized supply chains depend on enormous shipping boats to ferry cargo from one end of the world to the other. It wasn’t always this way, though. This video takes a look at how standardized containers aboard gigantic vessels have transformed logistics since the 1970s.


Questions:

 

  1. How did containerization make shipping more efficient?
  2. Why are supply chains and logistics so important to modern companies?

 

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March 16, 2017

CostasParisFor centuries, ships used wind-catching sails to travel all over the world. Then the steam engine arrived during the industrial age and changed maritime transportation forever. Of course, the massive engines in today’s vessels rely on petroleum for power, presenting a number of potential problems. Along with environmental issues, big tankers also cost a fortune to fuel. For instance, the Danish shipping firm Maersk Group spends $2.1 billion per year on fuel costs.

To reduce this enormous expense, the company Continue reading

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March 2, 2017

Supply chain management is an incredibly complex process involving dozens of companies stretched across thousands of miles. This video takes a look at the shipping firm Flexport and how they simplify “freight forwarding” for businesses transporting goods from China to the U.S.

Questions:

 

  1. How does Flexport improve the process of freight forwarding?
  2. Why is international supply chain management so complicated?

 

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September 8, 2016

MichaelBentleyAlmost 95 percent of all manufactured goods arrive at their destinations in shipping containers. These freight boxes often begin their journeys aboard enormous cargo ships that transport items around the globe. Normally this process is simple enough: a ship pays a docking fee upon arrival along with additional charges for unloading and container storage. In the case of South Korea’s Hanjin Shipping Company, however, this common process has been halted. After filing for bankruptcy protection last week, ports across the Continue reading

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