The global clinical trial supply and logistics market is on track for substantial expansion, fueled by a surge in demand for personalized medicine and advancements in technology. According to recent market research, the sector is projected to grow from $4.31 billion in 2023 to an estimated $6.52 billion by 2028, representing a noteworthy compound annual…
A logistics firm originating from Thailand is gearing up to expand its operations in the Philippines, tapping into the burgeoning demand for courier services in the country’s thriving e-commerce landscape. The local unit of the Thailand-based e-commerce logistics firm is set to bolster its presence in the Philippines, with plans to establish additional facilities and…
Mumbai is currently abuzz with the commencement of a significant event, the Fashion Supply Chain Summit (FSCS), hosted by Apparel Resources. Held at the Courtyard by Marriott, this summit has drawn experts from around the world to share insights and innovative strategies in fashion supply chain management. The summit promises to be a valuable experience…
In a strategic move aimed at enhancing its international freight forwarding capabilities, an Asian logistics provider has acquired a prominent French air freight specialist. The acquisition is set to bolster the company’s presence in France and strengthen its position in the global logistics market. The French air freight specialist, known for its expertise in serving…
In a significant move towards enhancing supply chain resilience and fostering sustainable energy projects, an alliance has been forged between a Korean financial institution and a prominent US government agency. This collaboration, marked by a memorandum of understanding signed on Wednesday in Washington, DC, signifies a milestone in cross-border cooperation aimed at supporting supply chain…
The International Air Transport Association (IATA) is embarking on a mission to enhance data sharing across the supply chain, utilizing cutting-edge technology to elevate the digital capabilities of the air cargo sector. In recent years, the air cargo industry has made significant strides in sharing data and information within the supply chain. However, evolving market…
A groundbreaking development in the realm of media supply chain automation has been unveiled by a leading developer of cloud-native solutions. Ateliere Creative Technologies has introduced Ignition, a cutting-edge media workflow engine designed to simplify and streamline complex processes involved in media supply chain management. Ignition represents a new era of automation, offering users a…
The landscape of supply chain transparency and accountability is undergoing significant transformation, driven by a multitude of international regulations and legislative frameworks. These regulations, spanning from the German Supply Chain Act to proposed EU legislation on human rights due diligence, underscore the growing scrutiny placed on organizations with complex global supply chains. A central concern…
A significant milestone has been reached in the logistics automation sector with the announcement of a substantial contract agreement valued at 20 billion won ($14.96 million) to supply a cutting-edge logistics automation system to a prominent battery materials producer. The contract, finalized in January, marks a pivotal step towards enhancing operational efficiency within the battery…
Renowned figures in the Indian logistics industry were celebrated for their lifetime achievements at a prestigious event hosted by the STAT Trade Times. Mr. R K Patra, Founder & Editor-in-Chief of STAT Media Group, extended his gratitude for the honor bestowed upon them, acknowledging the evolution of the industry over the years. Reflecting on the…