A transformative memorandum of understanding has been signed between leading entities in the supply chain sector, setting the stage for enhanced procurement and logistics services in Saudi Arabia. This exciting collaboration involves a newly established joint venture that combines the strengths of a global logistics powerhouse and a renowned energy company. The joint venture, formed…
The global transition toward electric vehicles (EVs) is reshaping the future of transportation, driven by a collective effort to reduce carbon emissions. However, this exciting shift also presents new challenges and opportunities, particularly in the realm of supply chains. As the demand for EVs accelerates, supply chains must evolve to support this innovative technology. This…
A prominent security platform has secured $40 million in a Series B funding round, backed by leading investors, to enhance the safety of software supply chains worldwide. This funding will further strengthen the platform’s mission to protect open-source software, driving advancements that are crucial for global trade and commerce. With key investors, including Abstract Ventures,…
Thailand stands at the forefront of an exciting opportunity to enhance its economic landscape through participation in the Indo-Pacific Economic Framework for Prosperity (IPEF). Launched in May 2022, this US-led initiative fosters stronger economic relations among Indo-Pacific nations, particularly focusing on developing resilient and inclusive supply chains. The IPEF encompasses four key pillars: Trade, Supply…
The $3.5 billion Chancay mega-port in Peru, set for completion later this year, is poised to become a pivotal logistics hub in Latin America, opening up exciting opportunities for Vietnam’s logistics sector. By significantly improving maritime transport connections, the port is set to facilitate increased trade between Vietnam and Latin America, fostering a spirit of…
A transformative new supply chain hub is set to reshape Singapore’s logistics and distribution landscape, with completion targeted for 2027. This massive facility, strategically situated adjacent to Tuas Port within the Free Trade Zone, will cover more than two million square feet. It is meticulously designed to integrate seamlessly with Singapore’s advanced supply chain ecosystem.…