In light of recent uncertainties impacting global trade, experts are emphasizing the strategic significance of rail services like the China-Europe Railway Express (CRE) in maintaining stability and facilitating international cooperation. The CRE, known for its extensive network connecting China and Europe, serves as a vital logistic channel and a symbol of China’s commitment to openness…
In a significant development for the automotive industry, a prominent logistics provider has expanded its spare parts fulfilment and delivery center in Wallersdorf, Germany. Covering an impressive area of 170,000m², this center is now responsible for managing the supply of spare parts to markets worldwide. The company, known for its expertise in logistics, is tasked…
In a significant development for the poultry supply chain, a novel form of radio frequency identification (RFID) is poised to revolutionize traceability from farm to fork, offering unprecedented accuracy and visibility. Traceability stands as a cornerstone for the poultry industry, serving crucial roles in managing foodborne illness outbreaks, ensuring operational efficiency, and meeting regulatory standards.…
The dynamics of the logistics and supply chain industries are experiencing a significant shift, propelled by the forces of digital transformation and the Internet of Things (IoT). In the aftermath of the global pandemic, these sectors are navigating through a transformative phase aimed at achieving sustainability, customer-centricity, and resilience. This transformative journey, as outlined in…
A delegation of 78 representatives from Taiwan, including government officials and members from 15 companies, is currently showcasing the country’s advancements in autonomous vehicles and related technology at XPONENTIAL 2024 in San Diego, California. Luo Zheng-fang, chairperson of GEOSAT Aerospace & Technology Inc. and a prominent figure in the Taiwanese drone industry, highlighted Taiwan’s ambition…
Johannesburg, South Africa – April 24, 2024 – The International Trade Council (ITC) and the International Centre for Trade Transparency & Monitoring (ICTTM) are proud to announce their partnership with dmg events – South Africa, the organizers of SAITEX 2024, Africa’s Retail & Sourcing Extravaganza. SAITEX 2024 is scheduled to take place from June 11th to 13th at the prestigious…
The U.S. Department of Energy (DOE) has announced a $17.5 million funding allocation for four projects aimed at developing a domestic supply chain for critical minerals and materials. This investment, part of President Biden’s Investing in America agenda, seeks to lower costs and reduce environmental impacts associated with the onshore production of rare earths and…
New research highlights the significant impact of investments in supply chain technology on revenue growth and operational efficiency. According to a survey conducted by a cloud-based integration platform, 80% of businesses reported an increase in revenue within one year of investing in supply chain technology. The survey, which gathered responses from 301 professionals across five…
In a significant move for corporate accountability, the European Parliament has approved a proposed law aimed at ensuring that large companies take responsibility for preventing and addressing human rights and environmental abuses within their global supply chains. The European Corporate Sustainability Due Diligence Directive (CSDDD) mandates that large corporations conduct due diligence regarding human rights…
In a significant development for the logistics industry, a scheduling software startup has successfully raised $2.75 million in pre-Series A funding, signaling its intentions for market expansion in the United States. The funding round was led by a prominent Sydney-based venture capital firm, along with contributions from various angel investors and family offices. The startup…