In a major boost to global supply chain innovation, a strategic $2.1 billion acquisition agreement has been announced between a leading Australian logistics software company and a U.S.-based cloud-native supply chain platform provider. This collaboration marks a pivotal step toward integrating advanced digital solutions for more efficient and agile global supply chains. The acquisition, backed…
China is seizing the opportunity to strengthen its global supply chain capabilities in response to recent trade policy adjustments by the United States. While new tariff rules have posed challenges, they have also sparked innovation and strategic transformation within China’s cross-border e-commerce ecosystem. In an effort to maintain cost-efficiency and customer satisfaction, many Chinese e-commerce…
Turkey and China have taken a major step toward enhancing global logistics connectivity through a strategic partnership aimed at revitalizing the Middle Corridor — a crucial railway route linking Asia to Europe. During a high-level diplomatic visit to Beijing, both sides agreed to collaborate on boosting freight activity along the Middle Corridor, which passes through…
In a progressive move toward building stronger, future-ready trade relationships, Korea and Singapore are set to deepen their cooperation in the bio sector through a targeted supply chain dialogue. The initiative comes amid a shared commitment to securing stable and diversified supply routes in an increasingly complex global environment. The virtual meeting marks the first…
China is poised to play a vital role in the expanding global biopharmaceutical logistics market, as recent forecasts show the cold chain logistics segment is set to reach $37.9 billion globally by 2030. With China’s market projected to grow at a 4.3% CAGR, the country is emerging as a key player in advancing pharmaceutical supply…
A logistics provider based in the Philippines has expanded its footprint in Southeast Asia by launching operations in Thailand, marking a key milestone in advancing green and sustainable supply chain practices in the region. The company introduced an initial fleet of 21 electric delivery trucks in Bangkok, supporting clean and efficient last-mile delivery. To complement…
India and Europe are advancing efforts toward a cleaner future by forming a new partnership to develop a robust green energy supply chain. This collaboration focuses on the safe and efficient transport of low-carbon fuels such as green hydrogen, ammonia, and sustainable aviation fuels between the two regions. The agreement aims to establish strategic logistics…
The global logistics market is projected to soar to $20.1 trillion by 2033, doubling from $10.2 trillion in 2023, according to Allied Market Research. This strong growth, at a compound annual growth rate (CAGR) of 7.3%, is fueled by expanding global trade, a surge in e-commerce, and rapid adoption of advanced supply chain technologies. As…
The latest Supply Chain Report for May highlights a pivotal moment in the logistics industry, as market turnover reaches new heights—demonstrating the sector’s agility and capacity for renewal. A surge in new trucking authorities, up 48% month-over-month, reflects growing entrepreneurial momentum and renewed interest in freight operations despite soft seasonal demand. This dynamic shift comes…
A major player in the activewear industry is strengthening its supply chain by embracing a diversified sourcing strategy designed to reduce tariff exposure and ensure continuity in operations. With production spread across multiple regions—including significant contributions from Southeast Asia and the Middle East—the company has built a well-balanced procurement network. This approach minimizes dependence on…