In today’s global supply chains, the decision to use air or ocean freight involves much more than just comparing shipping costs. Forward-thinking companies are now integrating inventory carrying costs and long-term investment data into their transportation strategies to make smarter, more efficient choices. This approach not only drives cost-effectiveness but also enhances overall supply chain…
The Clinical Logistics Management Market is experiencing promising growth as it adapts to new market conditions and harnesses technological advancements. Following initial disruptions from the COVID-19 pandemic, including supply chain interruptions and shifts in consumer behavior, the market is now on a steady path towards recovery and expansion. The pandemic presented challenges such as lockdowns…
China’s logistics sector has maintained its strong momentum in August, driven by increasing logistics demand and favorable market conditions. According to the latest industry report, the logistics market index reached 51.5% for the month, reflecting a steady 0.5 percentage point increase from July. The warehousing index experienced a significant boost, rising 3.7 percentage points to…
In a significant move for Australia’s solar energy sector, a new partnership has been formed to enhance the local supply chain for solar panels. The collaboration will see a leading aluminum manufacturer provide extruded frames for domestically produced solar panels, paving the way for potential future expansion in onshore aluminum manufacturing to support a new,…
A new partnership is set to transform South Korea’s offshore wind sector, focusing on providing innovative heavy lifting and transport solutions. This collaboration will establish Offshore Service Port (OSP) facilities at the ports of Busan and Masan, catering primarily to offshore wind projects while supporting the broader Asia-Pacific region. The partnership aims to deliver a…
A recent study has highlighted the significant advantages of utilizing compressed hydrogen for regional marine transport, showcasing its impressive energy efficiency and cost-effectiveness within the supply chain. The research, which focused on a 540 MW capacity export site producing 10 tonnes of hydrogen per hour, demonstrated that the energy required for storage and loading compression…
The shipping industry is making notable strides toward greater supply chain transparency and ethical practices, driven by evolving regulations and a growing emphasis on environmental, social, and governance (ESG) standards. This shift is transforming how maritime organizations approach labor practices, human rights, and environmental stewardship. As global regulations tighten and ESG reporting becomes more prevalent,…
The shift towards digital supply chains is making a substantial impact on sustainability in the least developed countries (LDCs). The integration of advanced technologies such as artificial intelligence (AI), blockchain, and the Internet of Things (IoT) is enhancing supply chain efficiency and reducing environmental footprints. Recent initiatives in various LDCs highlight the transformative power of…
Theme: Retail Revolution: The Limitless Growth in the Age of AIVenue: One Farrer Hotel, SingaporeDate: September 26, 2024 Join us on September 26, 2024, at One Farrer Hotel in Singapore for the Retail & E-Commerce Summit Asia 2024, presented by rockbird media. This premier event, themed “Retail Revolution: The Limitless Growth in the Age of…
In a strategic advancement within the battery sector, a prominent automotive firm has announced the formation of an independent Electric Vehicle Systems division. This new entity will operate independently while remaining under the ownership of its parent company, signaling a new phase of growth and opportunity. The newly established division has appointed a dynamic leadership…