PSA International, a prominent global port operator headquartered in Singapore, recently finalized a substantial agreement to develop a new four-berth container terminal in Haiphong, Vietnam. This amb
by Transpacific Ocean Freight Rates Experience Sharp Climb
Transpacific ocean spot rates have recently undergone substantial increases, marking a significant shift in global shipping costs. This upward trend impacts vital trade lanes connecting Asia with both
by Record US Truckload Spot Rates Signal Persistent Supply Strain
US truckload spot rates have now climbed beyond their peak levels recorded during the COVID-19 pandemic. This significant development stems primarily from intense supply pressure within the market. Th
by UK Logistics Sector’s Green Transition Slows Amid Economic Headwinds
The UK logistics sector’s decarbonization efforts are slowing. Cost pressures primarily drive this trend. This impacts the industry’s transition towards sustainable operations.
Industry leaders report
by MSC Reportedly Eyes Stake in Sri Lanka’s Expanding Hambantota Port
Mediterranean Shipping Company (MSC) reportedly explores acquiring a stake in Sri Lanka’s Hambantota port. These discussions, stemming from unnamed sources, emerge as the facility undergoes significan
by DHL Elevates Profit Projections Amid Strong Second Quarter
DHL has significantly raised its full-year profit forecast, a direct result of the company’s robust financial performance during the second quarter. The global logistics provider reported substantial
by Artificial Intelligence Fuels Cobot Expansion and Capability
Collaborative robots, or cobots, have seen significant adoption and utility recently. This rise is largely due to advancements in artificial intelligence.
Artificial Intelligence Fuels Cobot Expansion
by Industry Groups Stress USMCA’s Importance for North American Supply Chains
Retail, manufacturing, and apparel trade groups have collectively voiced their support for the preservation of the United States-Mexico-Canada Agreement (USMCA). While endorsing the pact’s scheduled a
by DHL Supply Chain CIO: Diversity Crucial for Effective Leadership
Sally Miller, Global CIO at DHL Supply Chain, recently shared her insights on leadership and high-performing teams. Speaking with Supply Chain Dive, Miller emphasized the critical role of diversity. S
by Update: EV transition challenges auto supply chain resilience, Moody’s says
The automotive industry’s accelerating shift towards electric vehicles (EVs) presents significant challenges to the resilience of global supply chains, according to a recent analysis by Moody’s. This