Eight in 10 (78%) freight forwarders expect geopolitical tensions and inflation to last for five years, according to a survey.
An inquiry into the efficiency of Australia’s maritime supply chains has heard accusations that shipping companies are profiteering by charging customers “unfair” fees for delayed returns of containers.
The pandemic led to much talk of reshoring supply chains but global flows of trade actually increased during 2020 and 2021, with Asia-Pacific dominating mineral exports, according to a report .
A lingering semiconductor shortage has left Toyota relying on “emergency” supply chain measures as second quarter profits fall by 25% more than expected to $3.79bn.
Singapore should leverage the power of data and digitalisation and avoid taking sides in global conflicts to ensure it plays a central role in future supply chains, a government minister has said.
Technology company HP has announced it is moving away from its lean supply chain model as it seeks future resiliency with partners, according to supply chain chief Ernest Nicholas.
Nine in 10 (87%) retailers believe supply chains will not return to how they were before the crisis, a survey has revealed.