The automotive industry is undergoing a profound transformation as the popularity of electric vehicles (EVs) reshapes the traditional supply chain. A recent study by industry analysts forecasts a substantial decline in revenues for parts related to internal combustion engine (ICE) vehicles by 2027, while components for electric drivetrains and batteries are expected to soar. This…
The European Commission is actively seeking input from farmers and smaller suppliers throughout the food supply chain regarding their experiences with unfair trading practices. A survey, available online in all EU languages until March 15, 2024, aims to gather insights and concerns from those operating within the agricultural and food supply chain. This initiative follows…
A Dubai-based logistics company has shown keen interest in establishing a logistics hub and industrial park in the Philippines, according to statements from the Department of Trade and Industry (DTI) on Tuesday. During a meeting between Secretary Alfredo Pascual and senior executives from the Dubai-based firm in Abu Dhabi, discussions centered around potential collaboration in…
The Indian pharmaceutical supply chain has witnessed remarkable growth, positioning itself as a cornerstone of the global healthcare landscape. With projections soaring to unprecedented levels, the industry’s evolution from $40 billion in 2021 to an expected $130 billion by 2030 reflects its dynamic prowess and resilience. India, often hailed as the ‘pharmacy of the world,’…
In the journey towards achieving sustainable and ethical supply chains, the automotive industry made strides in 2023, yet significant room for improvement remains on the horizon. In its annual automotive supply chain leaderboard, Lead the Charge, an advocacy network committed to transforming the automotive sector into a more sustainable and ethical industry, evaluated the efforts…
In today’s business landscape, organizations are facing intricate challenges in managing their supply chains and distribution networks effectively. The COVID-19 pandemic in 2020 underscored the vulnerabilities within global supply chains, particularly impacting industries like chemicals, pharmaceuticals, and fast-moving consumer goods (FMCG). Businesses navigate complex global supply chains with extensive interdependencies among stakeholders. While offering benefits…
A concerted drive is underway to address the pressing need for more workers in the logistics and supply chain sector, which plays a crucial role in facilitating the movement of goods globally through various transportation modes such as road, rail, sea, and air. Recognizing the challenges posed by a looming labor and skills shortage, ‘Logistics…
Kazakhstan is undergoing significant developments in its transport and logistics sector to strengthen its position as a key hub for regional and international trade. Facing challenges stemming from geopolitical dynamics and sanctions, the country is actively diversifying its transportation routes and bolstering its supplier base. With investments totaling around KZT1.8 trillion (U$4 billion), Kazakhstan aims…
The state of Kansas has announced a significant investment of nearly $16.5 million in 17 short line rail expansion and rehabilitation projects aimed at bolstering its agricultural supply chain. This funding will be allocated through the Kansas Department of Transportation’s Rail Service Improvement Program (RSIP). Collaborating with major grain handlers, Kansas plans to supplement state…
The Fourth Global Conference of the World Banana Forum is poised to address critical sustainability issues within the global banana supply chain. Scheduled for March 12-13 at the headquarters of the Food and Agriculture Organization of the United Nations (FAO) in Rome, Italy, the forum aims to tackle a range of challenges from climate change…