Blog - International Centre for Trade Transparency

A leading European supply chain technology firm is expanding into the U.S. market, bringing advanced solutions to help businesses enhance procurement efficiency and supplier management. Backed by a $6 million venture capital investment, the company’s AI-driven supplier relationship management (SRM) platform is designed to streamline operations, improve supply chain transparency, and optimize costs. With increasing…

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Feb82025

Chief Procurement Officer Summit April 2025

Events, NewsBy master February 8, 2025

The Chief Procurement Officer Summit is an invitation-only event designed to connect senior procurement executives with innovative suppliers and solution providers. This premium summit addresses key procurement challenges and shares practical strategies to enhance procurement functions. Key Topics for 2025: Supply Chain Resiliency: Mitigating risks amid geopolitical and economic disruptions. C-Suite Presence and Impact: Understanding procurement’s role…

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Feb72025

ADAMftd Unveils New Vessel Information Feature: Real-Time Global Fleet Insights

Industry InsightsBy Jessica Jumaway February 7, 2025

ADAMftd is an all-in-one platform designed to help businesses navigate the complexities of global trade. This powerful tool is being developed by International Centre for Trade Transparency (ICTTM) which is the commercial subsidiary of International Trade Council. Recently, ADAMftd launched a new feature called Vessel Information. This innovative tool offers users real-time access to global…

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Feb52025

Surge in Pharmaceutical Third-Party Logistics Market in the United States Driven by Demand for Efficient Solutions

Industry InsightsBy Jessica Jumaway February 5, 2025

The Pharmaceutical Third-Party Logistics (3PL) market in the United States is experiencing significant growth, expected to reach a value of approximately US$319.6 billion by 2034, from US$137.5 billion in 2024. This growth reflects the increasing demand for efficient and specialized supply chain solutions within the pharmaceutical industry, as distribution complexities continue to rise. Pharmaceutical companies…

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Feb52025

Strategic Expansion in U.S. Logistics Enhances Supply Chain Capabilities

Industry InsightsBy Jessica Jumaway February 5, 2025

A leading global third-party logistics provider has significantly expanded its presence in the U.S. market through the acquisition of two key logistics firms. This strategic move enhances its capabilities to serve the rapidly growing U.S. e-commerce sector, particularly in the fashion, beauty, and lifestyle segments. With these acquisitions, the logistics provider now operates 7 million…

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Feb52025

Hydrogen-Powered Truck Revolutionizes Sustainable Logistics

Industry InsightsBy Jessica Jumaway February 5, 2025

The logistics sector is taking a significant leap toward sustainability with the launch of the first hydrogen-powered truck dedicated to dry ice transportation. This milestone highlights the growing commitment to emission-free solutions and the continuous push for innovation in the industry. The newly deployed vehicle provides an efficient and eco-friendly alternative to conventional transport, demonstrating…

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Feb42025

Global Food Supply Chain Market Expands with Blockchain and AI Integration

Industry InsightsBy Jessica Jumaway February 4, 2025

The food supply chain market is poised for remarkable growth, with projections indicating an expansion of over USD 59 billion from 2024 to 2028. This growth is driven by advancements in artificial intelligence and blockchain technology, which are revolutionizing logistics, traceability, and efficiency in food distribution worldwide. With a compound annual growth rate of 7.86…

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Feb42025

Logistics Industry Strengthens Support for South Africa’s Wine Sector

Industry InsightsBy Jessica Jumaway February 4, 2025

South Africa’s wine industry is set to receive enhanced logistical support as the country prepares for the 366th Wine Harvest Commemorative Event, scheduled for February 6, 2025, at the historic Groot Constantia Wine Estate. This annual celebration not only honors South Africa’s deep-rooted wine heritage but also recognizes the individuals and innovations that continue to…

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Feb42025

Vietnam Enhances Rail Freight Services to Strengthen Supply Chain Efficiency

Industry InsightsBy Jessica Jumaway February 4, 2025

Vietnam’s logistics sector is advancing with the launch of a new rail freight consolidation service along the North-South Railway, connecting Hanoi and Ho Chi Minh City. This development is expected to significantly improve supply chain operations by providing businesses with a more efficient, cost-effective, and environmentally friendly transport solution for smaller cargo shipments. As the…

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Feb42025

Thailand’s Mega Infrastructure Projects to Boost Regional Supply Chain and Trade

Industry InsightsBy Jessica Jumaway February 4, 2025

Thailand is taking a major step toward becoming a key logistics hub in Southeast Asia with an ambitious infrastructure development plan set to enhance regional supply chain connectivity. By investing in land, sea, and air transportation, the country aims to streamline freight movement, lower costs, and create more efficient trade routes that will benefit businesses…

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