European Union Extends High Duties on Chinese Steel Road Wheels
Industrial buyers must plan for extended duty rates of up to 66.4 percent on Chinese steel road wheels through 2031.
Transport Equipment
Logistical Hardware
Physical assets used to move goods from one location to another include a wide range of vehicles and containers from ocean liners to delivery vans. This transport equipment must be maintained in good working order to ensure the safety of the cargo and the operators. Every piece of hardware, whether it is a refrigerated container or a flatbed trailer, is designed for a specific task within the global movement of freight.
Companies Manage Assets
Logistics firms that own or lease these tools must coordinate their deployment to maximize their use and minimize the time they spend empty. Effective use of transport equipment involves tracking the location and condition of every asset in real time to prevent loss or damage. Regular maintenance schedules are essential to avoid breakdowns that can cause delays and increase the cost of the journey.
In some cases, a shortage of specialized hardware, like heavy-lift cranes or chemical tankers, can become a bottleneck for an entire industry. Managers must balance the cost of owning these assets against the flexibility of using a third-party logistics provider who provides the hardware as part of their service.
Modern Asset Sensing
New containers and trailers are increasingly equipped with sensors that monitor temperature and vibration plus location. Such data from transport equipment allows for a higher level of visibility into the supply chain and helps to identify where improvements in efficiency can be made.
Proposed US Metal Tariffs Cover Fourteen New Product Categories
Importers face new duties between fifteen and fifty percent on fourteen metal derivative products under proposed rules.