As the bustling summer season kicks off, labor disputes have disrupted the flow of shipping in the United States. Members of the International Longshore and Warehouse Union have staged protests, resulting in congestion and delays at U.S. West Coast ports, as reported by CNBC. The average wait times for container vessels attempting to enter Los […]
Read MoreThe month of May brought further challenges for airfreight rates as a combination of weak demand and a steady influx of returning belly capacity continued to impact the industry. Experts anticipate that this pressure on rates will persist throughout the year. Bruce Chan, director and senior research analyst at investment bank Stifel, expressed concerns about […]
Read MoreAs the supply chain landscape undergoes rapid evolution, organizations must adopt technology-driven solutions to maintain a competitive edge and achieve optimal results in their future projects. Efficient project management plays a critical role in ensuring the success of supply chain operations, and businesses are increasingly leveraging various tools to streamline their project management processes […]
Read MoreManhattan Associates, the leading supplier of supply chain management software solutions and renowned for their warehouse management systems (WMS), recently held their Momentum user conference. One of the key highlights from the event was the keynote speech by Sanjeev Siotta, Chief Technology Officer at Manhattan, where he discussed the potential of integrating ChatGPT into […]
Read MoreLast year, many headlines were focused on supply chain challenges that were impacting retail and every other industry. The nation’s ports saw congestion on the water with vessels backed up, as well as on land with terminals full of both loaded and empty containers. There were difficulties with finding enough truckers, a shortage of […]
Read MoreCanton Fair: Exporters from China adopt a more assertive approach as they compete for foreign buyers. China’s Canton Fair, also known as the China Import and Export Fair, the country’s largest and oldest trade fair, has resumed in-person exhibitions after three years of being held online due to the pandemic. The fair, which began […]
Read MoreSoftware companies are looking at the latest AI technology as a way to make sense of vast stores of data, improve logistics decisions Logistics experts are trying to find out whether the latest development in artificial intelligence, a chatbot that has triggered a global race to refine the technology for work tasks, can tell them how […]
Read MoreArtificial intelligence (AI) is already making its way into the supply chain. If you missed the launch, then it’s time to track the trajectory of AI’s impact from managing initial demand to final-mile delivery. So, where does AI fit in today’s supply chain? Only six short years ago, the trade association MHI published a supply chain […]
Read MoreSoutheast Asian governments have been beckoning foreign firms with cheaper labor, tax breaks and improved logistics as China’s Covid woes rumble on But analysts say the likes of Malaysia, Thailand, Vietnam and Indonesia will long struggle to match China’s deep, integrated supply chain network Global manufacturers have spread their bets to Southeast Asia – with […]
Read MoreTaking stock of developments in the maritime industry in 2022, one must be content: Every segment experienced a performance ranging from good to outstanding. From offshore to cruise ships and LNG vessels, shipping markets were overall profitable in 2022, in stark contrast to extremely poor markets of a couple of years earlier. Everyone’s mind […]
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