As 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 and […]
Read MoreAccording to Mike Dean, an automotive equity research analyst at Bloomberg Intelligence, the supply of lithium batteries for electric vehicle (EV) production could face a bottleneck starting in 2025. The growing demand for EVs, fueled by consumer interest and government incentives, is expected to surpass the available capacity for battery production. Dean highlighted that while […]
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 MoreRumors of the U.S. dollar’s decline have been circulating for several weeks, prompting discussions about its future as the dominant currency for global trade since the Second World War. Speculation suggests that the dollar’s influence is waning, fueled by reports of Russia contemplating the use of China’s yuan for international trade and Saudi Arabia considering […]
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 chassis […]
Read MoreThe outlook for air cargo over the coming year remains mixed with several factors set to impact performance. Speaking at IATA’s World Cargo Symposium in Istanbul, IATA economist Bojun Wang predicted that air cargo demand was set to decline by 4% this year compared with 2022 levels. He said that this reflected the ongoing […]
Read MoreWhat retailers need to know about consumer interest in sustainability. Earth Day always brings additional attention to consumer interest in sustainability. Here are 10 consumer-focused sustainability research findings all retailers should know. Consumers care about sustainability Seventy-eight percent of consumers claim a sustainable lifestyle is important and 30% of consumers are more likely to purchase […]
Read MoreA press release by the International Longshore and Warehouse Union (ILWU) announced that a preliminary agreement had been reached with the Pacific Maritime Association (PMA) on some crucial matters. However, negotiations are still ongoing. In a brief statement, the ILWU said that talks would continue until a final agreement is reached. The PMA acknowledged the […]
Read MoreXeneta’s data reveals that Vietnam is rapidly emerging as a source of manufactured goods for the United States, effectively challenging China’s stronghold in the Trans-Pacific container trade. A variety of factors, including geopolitical tensions, reshoring, and changes in foreign investment flows, are reshaping global trade patterns. Container imports from Asia to the U.S. have increased […]
Read MoreThe Global Shippers Forum and forwarder group Fiata have created a Charter for Protection and Governance of Data in International Trade as part of efforts to improve data protection for online booking and trading. The charter sets out the minimum arrangements for data security and confidentiality that providers and operators of digital booking and trading […]
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