Yearly Archives: 2024

Navigating Evolving Supply Chain Realities

In today’s business landscape, organizations are facing intricate challenges in managing their supply chains and distribution networks effectively. The COVID-19 pandemic in 2020 underscored the vulnerabilities within global supply chains, particularly impacting industries like chemicals, pharmaceuticals, and fast-moving consumer goods (FMCG). Businesses navigate complex global supply chains with extensive interdependencies among stakeholders. While offering benefits…

Efforts Underway to Address Labor Shortage in Logistics and Supply Chain Sector

A concerted drive is underway to address the pressing need for more workers in the logistics and supply chain sector, which plays a crucial role in facilitating the movement of goods globally through various transportation modes such as road, rail, sea, and air. Recognizing the challenges posed by a looming labor and skills shortage, ‘Logistics…

Kazakhstan’s Transport and Logistics Sector Poised for Growth

Kazakhstan is undergoing significant developments in its transport and logistics sector to strengthen its position as a key hub for regional and international trade. Facing challenges stemming from geopolitical dynamics and sanctions, the country is actively diversifying its transportation routes and bolstering its supplier base. With investments totaling around KZT1.8 trillion (U$4 billion), Kazakhstan aims…

Kansas to Invest in Rail Projects to Enhance Agricultural Supply Chain

The state of Kansas has announced a significant investment of nearly $16.5 million in 17 short line rail expansion and rehabilitation projects aimed at bolstering its agricultural supply chain. This funding will be allocated through the Kansas Department of Transportation’s Rail Service Improvement Program (RSIP). Collaborating with major grain handlers, Kansas plans to supplement state…

Global Banana Supply Chain Sustainability Takes Center Stage at Rome Conference

The Fourth Global Conference of the World Banana Forum is poised to address critical sustainability issues within the global banana supply chain. Scheduled for March 12-13 at the headquarters of the Food and Agriculture Organization of the United Nations (FAO) in Rome, Italy, the forum aims to tackle a range of challenges from climate change…

European Commission Approves Japanese Consortium’s Liquefied Hydrogen Supply Chain Venture

A joint venture between three Japanese companies has gained approval from the European Commission for its plans to establish a liquefied hydrogen supply chain. The venture, comprising a consortium of companies, has been given the green light to take control of an existing undertaking with the aim of developing this innovative supply chain. The focus…

Ensuring Supply Chain Resilience: A Comprehensive Approach to Supplier Lifecycle Management

In today’s dynamic business environment, maintaining supply chain integrity is paramount for organizations seeking to navigate the complexities of the supplier lifecycle effectively. Recent disruptions in global supply chains, stemming from various factors such as the pandemic, natural disasters, and geopolitical tensions, have underscored the importance of robust risk management strategies. To address these challenges,…

Indo-Pacific Supply Chain Resilience Agreement Takes Effect

A landmark agreement concerning supply chain resilience in the Indo-Pacific region, led by the United States and involving Japan and other key economies, has officially come into effect. This agreement marks a significant milestone in multinational collaboration aimed at enhancing resilience and coordination during times of disruption in the region. Negotiated under the U.S.-led Indo-Pacific…

EU Clears Acquisition of Logistics Company by Shipping Giant

Competition authorities in the European Union have given the green light to the proposed acquisition of a logistics company by a major player in the shipping industry. The decision comes after the companies involved agreed to certain divestments to address concerns related to competition. This approval is seen as timely, especially as the shipping group…

Exploring Shifts in Supply Chains Across Southeast Asia

In recent years, multinational companies have been reassessing their supply chain strategies, gradually relocating portions of their operations away from China. This trend is primarily driven by cost considerations, spurred on by the US-China trade tensions and the disruptions caused by the COVID-19 pandemic. However, beyond economic factors, geopolitical dynamics are also playing a significant…