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The Panama Canal Authority is offering shippers a more flexible system for booking passage through the waterway so that customers can better align transit with changing market conditions.
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.
Scope 3 emissions, while one of the most pressing issues for procurement, are also one of the most challenging. Perhaps because they sit outside of the organisation and therefore its control.
An overwhelming majority of global economists believe that India will be among the biggest beneficiaries from changes in global supply chains.
Anti-competition authorities in the UK, US, Canada, New Zealand and Australia are to jointly investigate the prospect of unfair supplier price hikes, following months of spiralling costs and profits.
Microsoft has generated annual savings of $50m by cutting “hidden costs” with a blockchain platform.
Covid has triggered a rise in robotics technology in warehouses to prevent bottlenecks caused by staffing disruptions.
The giant 400m container ship that has run aground and blocked the Suez Canal could disrupt $40bn worth of trade.
Speed and convenience are unyielding consumer demands – and the pandemic has only cemented their place in grocery sales, as online retailer Ocado has found