In a strategic collaboration set to strengthen Vietnam’s role in global trade, a major Vietnamese firm has partnered with a prominent logistics group from Abu Dhabi to modernize the country’s ports and maritime infrastructure. Through a newly signed memorandum of understanding (MoU), the partners will explore ways to advance Vietnam’s logistics network, enhance port operations,…
The Supply Chain Management (SCM) software sector is set to witness remarkable growth, with projections indicating a surge to approximately USD 45.3 billion by 2033. This represents a substantial leap from an estimated USD 19.3 billion in 2023, reflecting an increasing demand for advanced SCM solutions as businesses prioritize efficiency and operational excellence. This anticipated…
The digital logistics market is on an exciting upward trajectory, with projections indicating it will reach an impressive $155.3 billion by 2032, growing at a remarkable compound annual growth rate (CAGR) of 20.4% from 2023 to 2032. This growth is being fueled by the thriving e-commerce sector, as businesses increasingly seek innovative, data-driven solutions to…
A leading global logistics company has initiated a pilot project with a Swiss battery startup to explore innovative battery energy storage solutions at its European logistics centers. This initiative aims to improve the utilization of solar energy, addressing challenges related to the continuous demands of 24/7 operations. The pilot will assess a novel battery energy…
The European pharmaceutical air cargo market is flourishing, reflecting the region’s expanding role as a vital production hub. This growth presents exciting opportunities for the supply chain, particularly in delivering essential medications and healthcare products efficiently and reliably. Major airports across Europe have enhanced their capabilities to handle pharmaceutical cargo, with one facility emerging as…
The autonomous delivery vehicle market is set for an exciting transformation, with projections indicating it could reach an impressive $11.5 billion by 2032. This growth is largely fueled by the rapid rise of e-commerce and a growing consumer demand for reliable and swift delivery services. With e-commerce sales anticipated to soar to $5.5 trillion by…
A leading logistics and transportation company in the United States proudly announced that it has delivered over 12 million meals to food-insecure children through its impactful initiative designed to combat childhood hunger. The CEO highlighted the company’s commitment to community-driven efforts, expressing immense pride in this significant milestone. This achievement showcases the power of the…
A leading logistics company proudly announced the opening of its first office in Ireland, marking an exciting expansion of its European footprint. This strategic move aims to bolster service offerings in a vital trade region, providing comprehensive logistics solutions that will benefit both local and international customers. Ireland’s advantageous location positions it as an ideal…
China is making significant strides in supply chain innovation with the opening of a cutting-edge supply chain management center in Jiading District. Officially inaugurated on September 24, this impressive facility is the largest self-built supply chain management center in the country, covering an area of 61,000 square meters and completed in just over two years.…
In a significant step towards a more sustainable future, the U.K.’s food and beverage industry has outlined a dynamic five-year sustainability roadmap aimed at transforming supply chain practices and reinforcing environmental responsibility. This forward-thinking plan targets key areas such as waste reduction, emissions management, and sustainable sourcing, promising to reshape the industry’s environmental footprint by…