In a significant move aimed at reinforcing supply chain operations in Saudi Arabia, a prominent aerospace company has signed a Memorandum of Understanding (MoU) with a subsidiary of a leading logistics and transportation provider in Saudi Arabia. This partnership aligns with the objectives of Saudi Vision 2030 and focuses on expanding collaboration in supply chain…
Despite the Philippines’ rich agricultural resources, the sector has faced persistent challenges, including low output growth, inadequate farmer incomes, technology and input gaps, and subpar logistics infrastructure. These issues have been compounded by fluctuating commodity prices and inflation, resulting in elevated transportation, processing, and storage costs and posing food security risks, especially for vulnerable populations…
After a six-year hiatus due to the pandemic, the eagerly anticipated events of Transport Logistic China and Air Cargo China are set to make a triumphant return to Shanghai. The stage for this gathering of the global logistics and air cargo industry will once again be the Shanghai New International Expo Centre, scheduled for June…
The German government has designated approximately €1 billion ($1.1 billion) for investments in raw materials as part of its strategy to reduce dependency on key mineral producers, particularly from certain regions. This move is driven by the need to secure critical minerals and decrease reliance on external sources. A selection process will be established to…
In the world of supply chain and logistics, the efficient management of the cold chain is paramount to preserving the quality and freshness of produce from farm to destination. Maintaining optimal temperature conditions throughout the supply chain, from harvest to delivery, is essential to ensure that fruits and vegetables retain their taste, texture, and nutritional…
In Bitterfeld-Wolfen, once associated with environmental issues due to heavy industry and mining, Germany is establishing its first large-scale lithium refinery. This facility is expected to play a crucial role in Europe’s plan to mine and refine its raw materials, aiming to reduce reliance on foreign imports, particularly from China. The plant is situated close…
The recent Executive Order from the White House on supply chain resiliency is poised to bring significant changes to supply chain management for US businesses. Unveiled at the inaugural meeting of the Council on Supply Chain Resilience on November 29, 2023, the comprehensive plan comprises over 30 targeted actions aimed at ensuring Americans have access…
Directed energy technology has emerged as a game-changing innovation in modern applications, driven by advancements in high-energy lasers and microwaves. These cutting-edge systems offer the potential to address various challenges more cost-effectively than current technologies. However, the key to their successful implementation lies in establishing secure and robust supply chains. A recent study, conducted by…
An Egyptian startup specializing in delivery management has secured $3 million in funding for its expansion plans across the Middle East and North Africa (MENA) region. Founded in 2020 by a team of entrepreneurs, this startup offers an advanced AI-driven SaaS solution that streamlines the entire last-mile delivery process autonomously. The startup has established partnerships…
China’s logistics industry demonstrated robust growth in the past year, as revealed by the China Federation of Logistics and Purchasing in its recent data release. The sector’s average prosperity index increased by 3.2 percentage points from 2022, reaching 51.8 percent. In 2023, express courier companies in China handled a remarkable 132 billion parcels, securing the…