Write a 3 pages paper on trends in international logistics/ exports. Another recent development has been the gradual reduction in trade transaction costs and the time needed to clear goods. It is esti

Write a 3 pages paper on trends in international logistics/ exports. Another recent development has been the gradual reduction in trade transaction costs and the time needed to clear goods. It is estimated that in 2006, an average of 17 days and $842 were required to seal an APEC outbound transaction for one container. In 2010, a similar transaction, on average, required no more than 15 days and 856 to complete. A third change Panama Maritime Chamber membership became open to ship owners around the globe whose ships are registered in Panama. The move is geared towards providing ship-owners with networking, education, and information. Technology Among developments recently realized in the area of technology includes the introduction of advanced data capturing system, increased use of e-commerce, and the launch of an advanced supply chain management systems: Agistix, a transportation systems developer recently introduced a new application for enhancing supply chain data capturing process. The utilization of e-commerce in maritime shipping, on the other hand reached an all time high, when two million container orders were made through its portal. In the same measure, a new version of Ocean Tender, a popular supply chain management system was launched in the industry.