Blog
The Panama Canal Crisis: A $900,000 Extra Fee and Mega Traffic Jams
A severe water shortage in Panama is affecting the capacity of the Panama Canal and causing growing concern in global trade. The low volume of water from rivers has led to massive congestion at both canal entrances, with the number of waiting ships increasing daily.
Hannover Messe 2023 – Review by ABRAMS group
What is Hannover Messe? The Hannover Messe started in 1947 as the “Export Fair 1947 Hannover”. This laid the foundation for the event we know today. Since then, the fair has been held every spring at the Hanover Fairground in Hanover, Lower Saxony, and is the most important capital goods fair.
The importance of a positive corporate culture for employee retention
Employee retention is an important topic for every company, regardless of its size or industry. And especially in times like these, it is becoming increasingly important to offer your employees stability, security, structure and, above all, appreciation.
Demo event at International Trade Club of Chicago
On November 3rd, 2022, our COO Nur Hayat Nezir held a very special presentation for members and friends of the International Trade Club of Chicago. The event took place at Polsinelli in Chicago, IL, and the main focus was on presenting ABRAMS wiki’ tools and the opportunities that arise from using them.
Transatlantic Networking Session in New York on June 20th, 2022
A delegation from Lower Saxony, Germany comes to New York. The delegation includes roughly 30 enterprises from various industries, as well as 10 representatives from the Lower Saxony Ministry of Economic Affairs, led by Dr. Bernd Althusmann, Minister of Economic Affairs.
Russia-Ukraine Conflict – Effects on Global Supply Chains
No supply chain is 100% crisis-proof. This is demonstrated by the consequences of the conflict between Russia and Ukraine. In February 2022, the political situation between the two countries had escalated to such an extent that Russia invaded Ukraine militarily. This is currently causing not only terrible humanitarian problems, but also economic consequences that are being felt in Europe and the United States, among other places. More and more global supply chains are in danger of collapsing, both because of the military-related loss of Ukrainian business partners and because of international sanctions against Russia and Russian companies.
Choke Point Risks - Supply Chains under Pressure
Continually, globalization has increased dependencies in world trade. Bottlenecked trade routes in particular are critical for maintaining global supply chains. The recently congested trade routes therefore require an effective risk management. With customs and lately also maritime port data, ABRAMS wiki enables supply chain resilience even under pressure.
Competitive Analysis with Trade Data – Do You Know your Competitors?
In global trade, it is crucial to know your markets and their developments. But what about the players in the markets? Who sells competing products and who is a potential or even direct competitor? These decisive questions about the market can be easily answered with the trade data from ABRAMS wiki.
