Michael Luzich | International Business

Port congestion has become a persistent challenge in global trade, affecting the speed, reliability, and cost efficiency of international supply chains. It occurs when cargo volumes exceed a port’s handling capacity, leading to delays in unloading, processing, and dispatching goods. These bottlenecks can be caused by a range of factors, including labor shortages, infrastructu...

Globalization has expanded business opportunities across borders, allowing companies to access new markets, diversify revenue streams, and leverage cost efficiencies. However, operating internationally introduces exposure to foreign exchange (FX) risk. When businesses enter long term contracts denominated in foreign currencies, fluctuations in exchange rates can significantly...

Global supply chains have become increasingly complex, spanning multiple countries, time zones, and regulatory environments. While this interconnectedness enables businesses to optimize costs and access diverse markets, it also exposes companies to a higher risk of disruptions. Events such as geopolitical tensions, natural disasters, transportation delays, labor strikes, and ...