News & Insights

Supply chain consulting firm Armstrong & Associates released its report, “Trends in 3PL/Customer Relationships – 2017,” indicating that 90% of domestic Fortune 500 companies rely on third-party logistics providers (3PL) for outsourced logistics and supply chain services. Armstrong & Associates has been tracking these 3PL-customer relationships for more than a decade. The report findings are based on analysis of more than 7,200 current 3PL customer-relationships in 41 countries—representing nearly 20,000 services. The report’s key findings, as outlined by online publication, Supply Chain 24/7, are as follows: Fortune 1,000 3PL revenues, which, at $132.8 billion, account for just under 80% of […]

June 13, 2017

Supply Chain Risks – Mitigating Through Incoterms® and Insurance For successful sales, a solid understanding of the International Commercial Terms – Incoterms® 2010 – is vital. We will provide an overview of the Incoterms® 2010 rules critical to the sale of goods, both domestically and internationally. A good understanding of the rules brings clarity to the costs, risk and responsibilities of both the buyer and seller and is a seller’s best defense to ensure full and prompt payment. We will also explore the relationship between Incoterms® and insurance and how you may prevent risks throughout the various stages of the […]

June 06, 2017

As part of our ongoing efforts to provide the tools and resources you need to successfully manage a compliant Customs Bond Program, we offer the following answers to your most frequently asked questions. The following information reveals some of the most common reasons why eBonds are rejected by CBP and solutions on how these issues can be resolved. [table id=15 /] If you have a question you’d like answered and it’s not addressed above, please submit it to infospot@roanokegroup.com.

June 02, 2017

In Honor of Memorial Day, our offices will close at 3pm on Friday, May 26th and remain closed on Monday, May 29th. We will resume normal business hours on Tuesday, May 30th.  

May 25, 2017

Although the peak holiday season is still months away, shippers and logistics service providers should heed the lessons of past missteps in order to ensure that the upcoming season is a happy one for their customers. It’s this very time period – the day after Thanksgiving to December 23 – that many retailers earn the majority of their annual revenue so the stakes are high for everyone involved in the supply chain. In an article that appeared in DC Velocity, an online publication that serves the specific informational needs of logistics and supply chain managers and executives, several LSPs shared […]

May 22, 2017

In its annual Global Resilience Index, insurer FM Global revealed that cyber attacks, natural hazards and supply chain failure are among the top risks that businesses face around the world. The annual index, which is online and available for free, ranks 130 countries and territories by their enterprise resilience to disruptive events. It provides a unique resource to help business executives investigate 12 quantified resilience drivers related to each country’s economic strength, risk quality and supply chain condition. Cyber, natural hazards and supply chain failure were added this year as new measurements in the index to reflect escalating threats that […]

May 15, 2017