A prominent leader in the tech-enabled last-mile delivery sector is embarking on an ambitious journey to establish a comprehensive $1 billion end-to-end supply chain solution within the next 18 months. This exciting initiative follows the strategic acquisition of a well-respected logistics company based in New York City. While the financial details of the acquisition remain…
A major $1 billion investment has culminated in the launch of a state-of-the-art automated distribution center for fresh products in Toronto, marking a significant milestone in transforming Canada’s fresh food supply chain. This newly opened facility, the latest development in a seven-year supply chain modernization project, leverages advanced automation to streamline distribution and enhance product…
The global Energy Logistics Market is on a strong growth path, with expectations of rising from $351.2 billion in 2021 to an estimated $1,383.7 billion by 2031. This significant increase, at an impressive compound annual growth rate of 14.7% from 2022 to 2031, highlights the crucial role of energy logistics within the broader supply chain…
A prominent U.S. airline is reinforcing its dedication to ethical standards and inclusivity across its supply chain, with an updated approach that emphasizes safety, environmental responsibility, and supplier diversity. Through a newly refined Sustainable Supply Chain Policy, the airline aims to foster partnerships with suppliers who share its values, supporting ethical practices and human rights…
In a significant boost for France’s supply chain infrastructure, a new logistics and ripening platform for fresh produce is set to launch by 2027. Recently chosen through a competitive proposal process, the project will be strategically positioned near France’s major container terminals, marking a key advancement in the country’s efforts to support sustainable, large-scale agri-food…
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…