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The changes to global trade and supply chains driven by factors including technology and geopolitical risks are likely to persist over the long term, according to FedEx Corp. Chief Executive Officer Raj Subramaniam.
The Port of Los Angeles is on pace to process 10 million twenty-foot equivalent units (TEUs) in 2025, which would be just the third time the shipping hub has reached that benchmark in the course of a year.
Companies worldwide are rethinking their supply chains to make them more efficient.
AD Ports Group’s negotiations to acquire the operating rights for a port in western Turkey have failed, a Turkish official said, marking a blow to the country’s ambitions of attracting investments from the United Arab Emirates.
Analyst Insight: Companies can reduce greenhouse gas emissions in their global logistics by exploring alternative fuel options across various transportation modes, understanding the geographical potential for leveraging these fuels, and recognizing the importance of accurate emissions reporting.
Contract negotiations between shippers and carriers hang in a delicate balance, caught between priorities and expectations, with both parties striving to secure terms that will not only support their individual goals but also foster a long-term, mutually beneficial relationship.
Ikea is testing out a new online store allowing customers to buy and sell its secondhand furniture.
To realize benefits that aren’t achievable with less-than-truckload (LTL) shipping, shippers can instead work with logistics partners to develop retail consolidation programs.
DSV A/S won approval to buy Deutsche Bahn AG’s logistics unit for €14.3 billion ($15.8 billion), overcoming resistance from German labor unions and late attempts by a rival bidder to derail the deal.
MSC Mediterranean Shipping Company SA’s Africa logistics unit will invest as much as €40 million ($43 million) in Namibia by 2030 to benefit from growing oil, gas and renewable energy developments.