A new logistics collaboration between Japan and the United States is set to transform cross border trade by accelerating digitalisation in cargo processes. The initiative, centered on the GRACE (Global Reliable Authorized Commerce Express) project, aims to streamline Customs procedures, reduce paperwork, and enhance overall supply chain efficiency. The GRACE project focuses on trade flows…
India is preparing to roll out a new online logistics platform designed to centralize services and bring greater transparency to pharmaceutical supply chains. The initiative is set to improve efficiency and address long-standing challenges in cold chain management, where fragmented operations and limited monitoring have often affected drug safety and quality. The upcoming platform is…
The United States and the European Union have formalized the terms of a new framework trade agreement, setting the stage for major changes in transatlantic trade flows. According to a joint statement released Thursday, the agreement includes a 15% tariff on a wide range of imports from Europe, covering sectors such as automobiles, auto parts,…
Atlanta, GA / Singapore / Washington, DC – The International Trade Council (ITC) and the National Black Chamber of Commerce (NBCC) today announced the signing of a Memorandum of Understanding (MOU) to strengthen cooperation in advancing global trade opportunities for Black-owned small and medium enterprises (SMEs). The signing ceremony, held virtually on August 21, 2025, brought together leaders from both organizations. As part of this…
A new manufacturing facility in Houston, Texas, has officially begun production of thermal management systems, including HVAC and chiller equipment, dedicated to grid-scale battery energy storage solutions. The facility marks a significant step in advancing U.S.-based supply chain resilience for the fast-growing energy storage sector. By producing critical components domestically, the initiative reduces exposure to…
Available at: https://tradecouncil.org/beyond-borders-women-shaping-global-trade/ Singapore / New Delhi – August 2025 – The International Trade Council (ITC), in partnership with the Association of Business Women in Commerce & Industry (ABWCI), proudly announces the release of Beyond Borders: Women Shaping the Past, Present, and Future of Global Trade. This landmark publication is available for free download worldwide. Purpose of the BookBeyond Borders seeks…
After a six-year hiatus, an Indian automaker has re-entered South Africa’s passenger vehicle market, unveiling multiple new models including SUVs and a compact hatchback aimed at budget-conscious consumers. The move comes amid growing demand for affordable vehicles in South Africa, a trend that continues to reshape the global automotive supply chain. The surge of competitively…
India’s express logistics sector is on track to double its market size by FY30, projected to reach USD 18–22 billion. This growth will be fueled by manufacturing expansion, e-commerce demand, and digitalization, positioning the sector as a critical driver of supply chain efficiency. The industry is expected to grow at a 12–15 percent CAGR from…
The logistics industry continues to accelerate its transition toward cleaner and more efficient operations by strengthening commitments to renewable energy use. A key milestone has been reached with the expansion of I-REC (International Renewable Energy Certificate) certification, ensuring a higher share of electricity consumption comes directly from renewable sources by 2025. The I-REC standard plays…
The adoption of sustainable transport solutions in Indonesia is gaining momentum with the official introduction of three new commercial electric vehicle models. This milestone highlights the country’s growing focus on clean energy and its role in modernizing the logistics and industrial supply chain. The launch showcased vehicles designed to address different logistics needs, from long-haul…