Small businesses rule the world

In the logistics sector small is sometimes not just beautiful but very profitable. Related Posts:Blockchain technology: a sustainability tool for agricultureThe expanded Panama Canal and port expansion along the US East and Gulf coastsThe air transport sector globally is a significant employer85% of World Trade is in bulk goodsGlobalization has seen a greater convergence of goods and services trade

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Blockchain technology: a sustainability tool for agriculture

Blockchain technology can enhance the sustainability of nations like Jamaica’s agricultural sector, by capturing the information which can be beneficial to all who access the distributive ledger such as farmers, retailers and consumers. It will avail farmers greater access to information such as global competitive pricing so that they can be better informed as to what to charge for their produce and not charge too much or too little. This is important for a farmer to be profitable and to a nation that is into exports such as Jamaica, they will be aware of the prices so they are competitive and make the best prices for their commodities.

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A business component roadmap to Jamaica’s logistics centered economy

How is the Hub being implemented? What are the timelines? What is the economic value proposition? What type of industries will be attracted to the hub? What strategy will be used to attract the leading global companies? How will the hub be financed? What are the opportunities for local businesses?

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The expanded Panama Canal and port expansion along the US East and Gulf coasts

The expanded Panama Canal is an important catalyst for these port investments, it is only one factor that is driving the port investments on the US east and Gulf coasts. As logistics, and particularly the transport component, continue to evolve only time will tell if these investments are justified.

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Jamaica, why a logistics hub?

What Jamaica represents is a centralized location in the Americas where logistics and related activities can all be clustered on one island. Jamaica will become a platform for the use of digital technology to plan the design, production, packaging and distribution of goods; financial services; a strategic depot for the storage of natural resources, ship and airplane repair, legal services, tourism and so on.

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Air connectivity: taking Jamaica to the world and the world to Jamaica

A nation’s development and prosperity are increasingly joined to its connectedness to the rest of the world. The Global Logistics Hub Initiative has the goal of integrating and expanding Jamaica’s role in the global supply and value production system. The Initiative is the government’s response, in the form of a growth and development strategy, to the challenges and opportunities of globalization

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Jamaica’s Global Logistics Hub: So Much More Than Ports

The simplest answer is that ports and airports, while very important, in the main facilitate trade and economic activity while the SEZs are the drivers of economic activity, economic development and wealth creation for the people of Jamaica.

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