In the past year, global trade has rapidly gained momentum. According to the World Trade Organization (WTO), “the resurgence of global economic activity in the first half of 2021 lifted merchandise trade above its pre-pandemic peak.” As a result, WTO economists have upgraded their international trade predictions for this year and next. There is Read More
While it may seem frightening to some, now’s the best time to explore how to expand your businesses’ international presence. While globalization has created opportunities for small businesses to sell their goods and services in new markets, not enough of them are taking advantage of these international opportunities. In fact, according to the U.S. Department Read More
The past several years have featured more transformational change than perhaps the previous century, and the full effects of this are just beginning. The maturation of globalization, the exponential rise of e-commerce, the constant threat of technology disruption, and, most recently, the coronavirus pandemic has fundamentally shifted the entry costs of doing business in Read More
If you run a small or medium-sized business, international trade could play a powerful role in your pandemic recovery plans. This is especially true for companies engaged in global e-commerce, which has seen rapid change and growing activity as people avoid retail stores and shop increasingly from home. On the surface, it may seem counterintuitive Read More
In 2021, you can expect small businesses to become even more engaged in the rapidly expanding arena of international e-commerce. While the global pandemic tested the ability to secure and manage inventory, predict consumer demand, and fulfill customer orders, it also forced logistics planning and fulfillment to become more flexible, streamlined, and easier to Read More
For many U.S. companies, the task of recovering from the economic shock of the pandemic is requiring new strategies and a commitment to finding new customers to replace lost business. Today, one of the best ways to locate strong business opportunities is by looking beyond our borders. In fact, according to the DHL Global Read More
The past year brought unprecedented challenges – and opportunities - for businesses engaged in global trade. While COVID-19 lockdowns interrupted supply chains, it also super-charged international e-commerce. Beyond the pandemic, 2020 was also marked by trade disputes between the U.S. and China, the implementation of the U.S.-Mexico-Canada Agreement (USMCA), and continuing tariffs imposed on Read More
What happens to your business when everyone, everything and everywhere in the world is connected? To a large extent, you know the answer to this question. You know that online platforms have enabled global organizations to reach new levels of engagement with their customers, while enhancing operational efficiency. You also know that wireless technology and Read More
There are several factors currently impacting small and medium-sized enterprises (SMEs) in the U.S. The biggest, of course, is the coronavirus (COVID-19), which has forced many businesses into survival mode.In addition to the current economic issues caused by the pandemic, there are other significant events in 2020, such as the U.S. presidential election and the Read More
We often don’t take time to think about it, but aviation has transformed our world in ways once unimaginable. It has brought people and entire cultures together; it’s revolutionized how we get the food we eat and the products we need. It has fundamentally changed society and the world’s economy. And this transformation Read More
