After years of hard work and negotiations, European institutions recently reached an agreement on a groundbreaking EU supply chain law aimed at tackling human rights and environmental abuses within corporate supply chains. However, just when the finish line seemed within reach, the Free Democratic Party (FDP), a coalition partner in the German government, has thrown…
In the arid regions of eastern Zimbabwe, a cloud of red dust engulfs the landscape as a procession of trucks laden with lithium, often referred to as “white gold,” rumbles through. For local residents like Wonder Mushove, who have endured the hardships of recurrent droughts, the burgeoning lithium mining industry holds the promise of a…
During the recent National Retail Federation’s NRF 2024: Retail’s Big Show, the CEO and President of a prominent delivery company emphasized the crucial role of intelligent supply chains and transparency in the fashion industry. With projections indicating that online retail sales could reach an annual total of $8 trillion by 2026, the CEO highlighted the…
In a recent report by Xinhua, it was revealed that the Alataw Pass and the Horgos Port in northwest China’s Xinjiang Uygur Autonomous Region have successfully managed over 70,000 China-Europe freight trains since their inception. This region, serving as a gateway to Central and Western Asia, has evolved into a crucial transit hub for outbound…
As the supply chain landscape continues to face geopolitical disruptions, 2023 showcased challenges that are likely to persist into 2024. The escalating series of attacks by Houthi rebels in the Red Sea and ongoing conflicts in Ukraine and Gaza have created a recurring migraine for supply chain professionals. Acknowledging the inevitability of such disruptions, executives…
European Union (EU) member countries and lawmakers are close to reaching a consensus on regulations that would require Europe-based companies to prioritize the production of critical goods. This move aims to prevent potential supply chain disruptions, as confirmed by a prominent legislator responsible for the legislation. The European Commission initially introduced the Single Market Emergency…
In a paradigm shift for supply chain project management, the focus has transitioned from mere efficiency to navigating the intricate landscape influenced by globalization, evolving technology, and shifting consumer preferences. Exposed vulnerabilities during events like the COVID-19 pandemic have underscored the imperative need for adaptability, with disruptions causing production halts, closures, delays, and increased costs…
In a strategic move, a leading transportation executive has been appointed as the VP of worldwide operations, assuming responsibility for a vast logistics network. Formerly serving as the VP of transportation, this executive has played a pivotal role in overseeing various aspects of operations, including sortation, trucking, air, and last-mile delivery. In a communication to…
In a bid to strengthen its logistics sector and enhance competitiveness, Vietnam is exploring measures to address challenges identified in the World Bank ratings and the 2023 Emerging Markets Logistics Index. Currently ranking 64th globally in logistics development and fourth in South-East Asia, Vietnam’s logistics costs, accounting for 16.8% to 17% of its GDP, exceed…
In a proactive move to fortify its supply chains, the UK government’s Department for Business and Trade has introduced a Comprehensive Imports and Supply Chains Strategy. The initiative is designed to ensure the uninterrupted flow of essential goods, including minerals and semiconductors crucial for the future of the domestic automotive industry. The strategy extends its…