A leading energy solutions provider is set to invest over $700 million in its US operations through 2027, reinforcing supply chain resilience and meeting the rising demand for digital infrastructure. This commitment marks the largest capital investment in the company’s history in the region, bringing total US investments to over $1 billion since 2020. The…
Norway is set to play a pivotal role in advancing Europe’s sustainable aluminium supply chain with a $154 million investment in a new wire rod casthouse. Scheduled to begin operations in early 2028, this expansion will enhance the region’s capacity to produce low-carbon aluminium for high-voltage power cables, supporting critical energy infrastructure and reinforcing supply…
The integration of artificial intelligence (AI) into supply chain management is accelerating, with market projections indicating a 30.3% annual growth rate from 2024 to 2030. By the end of the forecast period, AI-driven supply chain solutions are expected to reach a market size of $22.7 billion, fueled by advancements in automation, predictive analytics, and data-driven…
Industry experts from around the world are set to convene in May for an international symposium focused on the potato supply chain, covering everything from production to global distribution. This event will bring together key stakeholders to discuss market trends, sustainability, and supply chain efficiency. Despite strong market conditions and favorable pricing for producers, weather…
The Asia Pacific region is taking significant strides in advancing supply chain sustainability, driven by evolving regulations, increasing sustainable investments, and growing consumer demand for ethical practices. The Asia Pacific Supply Chain Sustainability Summit 2025, held in Singapore on March 19-20, provided a key platform for industry leaders to collaborate on strategies for creating more…
A state-of-the-art logistics center is set to rise in Anseong, Gyeonggi Province, marking a significant milestone in South Korea’s supply chain infrastructure. Spanning 82,000 square meters, the facility will feature a five-story dry warehouse with a net leasable area of 100,000 square meters. With approximately 70% of the space already pre-leased to businesses in the…
A global leader in automotive and technology is making a transformative $21 billion investment in the U.S. economy between 2025 and 2028. This initiative is set to enhance domestic production, fortify supply chains, and accelerate the future of mobility by focusing on manufacturing, logistics, steel production, and next-generation transportation solutions. With $9 billion allocated to…
The continued rise of e-commerce is fueling significant growth in trade and logistics, with an estimated demand for an additional 250 million to 350 million square feet of warehouse space over the next five years. As global trade evolves, businesses are adapting their supply chains to enhance efficiency, ensuring seamless cross-border transactions and faster delivery…
Taiwanese and Japanese drone manufacturers have formalized a strategic partnership to enhance the unmanned aerial vehicle (UAV) supply chain, with a particular focus on disaster relief applications. The agreement, signed in Taipei, aims to integrate resources and expertise to develop a more resilient and efficient UAV industry. With both nations prone to natural disasters such…
Vietnam’s perishable goods sector is on a strong growth trajectory, with rising demand from international markets driving the need for more efficient cold-chain logistics. Strengthening transportation networks and storage infrastructure is key to ensuring seamless supply chain operations, helping exporters maintain product quality while expanding market reach. China remains a major importer of fresh produce,…