Market reports indicate a surge in demand across the electronics industry, signaling positive momentum in the supply chain. According to the March Electronic Components Sales Trend (ECST) index, which surpassed its threshold of 100 to reach 106.9, all major component categories, including semiconductors, passives, and electromechanical devices, experienced growth. The electromechanical category, in particular, soared…
Scheduled for 21 to 24 May, the inaugural Global Supply Chain Forum aims to address the pressing need for more sustainable and resilient global production and distribution networks. Organized by a partnership between UNCTAD and Barbados, the forum seeks to tackle the complex challenges faced by supply chains worldwide. With geopolitical tensions and climate change…
Industry insiders stress the indispensable role of China in the global supply chain, underscoring the significance of closer cooperation for mutual benefit. Collaboration between international companies and Chinese counterparts spans the entire industrial process, from procurement to final assembly and delivery. This partnership has notably facilitated business expansion and enhanced efficiency. Amidst this collaboration, the…
Scheduled for 21 to 24 May, the inaugural Global Supply Chain Forum aims to address the pressing need for more sustainable and resilient global production and distribution networks. Organized by a partnership between UNCTAD and Barbados, the forum seeks to tackle the complex challenges faced by supply chains worldwide. With geopolitical tensions and climate change…
Berlin, Germany – April 10, 2024 – The International Trade Council (ITC), together with its subsidiary, the International Centre for Trade Transparency & Monitoring (ICTTM), proudly announce a partnership with the Future Insights Network for the upcoming edition of TFEST24. Scheduled to take place from November 11th to 13th in Berlin, TFEST24 is poised to gather…
Artificial intelligence (AI) is rapidly reshaping warehouse logistics as the industry adapts to the surging demands of e-commerce. Recent studies and industry reports reveal a significant integration of AI-powered robotics into warehouse operations, aimed at enhancing efficiency and meeting the evolving needs of the market. This blend of AI with human labor is not displacing…
Belgium’s leading postal service provider is set to make a substantial move within the logistics realm with a proposed acquisition of a prominent French logistics firm, marking a strategic shift in response to evolving trends in last-mile delivery dynamics. Acknowledging the persistent challenges in its operational landscape, the company revealed its intention to revamp its…
Pennsylvania’s Agriculture Secretary, Russell Redding, has announced the availability of $4.8 million in federally funded grants aimed at enhancing the middle of the food supply chain. These funds, part of a $26 million allocation from the U.S. Department of Agriculture’s Resilient Food Systems Infrastructure program, are intended to bolster capacity within Pennsylvania’s food supply chain…
A German automotive logistics firm has been acquired by a European logistics entity, signaling ambitions for growth within the sector. The subsidiary, which operates under a larger logistics group based in Market Drayton, has completed the acquisition of Suloja Autotransporte, a mid-size player in the automotive logistics arena that boasted a turnover of €6.8m (£5.8m)…
Several businesses with historical connections to a major tech corporation have made significant investments in the RCR Taylor Rail Logistics Park, signaling growing interest in the region’s industrial infrastructure. Between December and February, three companies acquired land parcels totaling 112 acres within the rail park, as reported by property records from the Williamson County Appraisal…