This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The FLR adopts the International Labor Organizations definition of forced labor and mandates the European Commission to issue guidelines by June 2026 to aid compliance. They will handle providing accurate data across their operations, including product sourcing, procurement, and transactions, to name just a few.
It adopts the International Labor Organizations definition of forced labor and mandates the European Commission to release compliance guidelines by June 2026. Businesses will need to ensure accurate data reporting across core operations such as sourcing, procurement, and transactions. from Canada and Mexico.
Already upended for two years by the COVID-19 pandemic, the worldwide logistics industry is facing new challenges. If there’s a bright spot anywhere it’s the fact that, as logistics challenges have grown, so has the availability of advanced technologies to manage these challenges.
This added responsibility for companies will have lasting effects on business operations, corporate partnerships, supply chain logistics, compliance requirements, and data integrity. The post Stringent Reporting Regulations Require Data Integrity appeared first on Logistics Viewpoints.
Together, we can offer a complete solution that covers the digital procurement of both spot and contract freight services, across air, ocean, road, and rail. We estimate that tenders account for some 50%-70% of freight procured, at the lower end for air, at the higher end for ocean. The team is also a fantastic addition.I
Two companies, global parcel and logistics carrier FedEx , and global container shipping firm Hapag-Lloyd recently reported warnings related to 2025 financial performance. Hapag-Lloyd Warns on Profitability Last week global container shipping and logistics services provider Hapag-Lloyd warned of significantly lowered earnings this year.
Material Handling & Logistics ). Material Handling & Logistics ). Logistics Management ). Logistics Management ). Logistics Management ). Demand container capacity is expected to exceed the actual capacity available through 2026. How the Supply Chain Crisis is Impacting Businesses and Consumers.
Logistics and transportation technologies provide powerful modern digital fleet tracking so that companies can track their shipments and fleets across land and sea, all over the world. .” As Davis notes, “Risk-resilient supply chains integrate design, planning, manufacturing, logistics, maintenance, and service.
According to a Bloomberg article highlighting a September 2021 conference call with analysts, Chief Marketing Officer for FedEx, Brie Carere, shared that the parcel market is expected to grow 10% annually through 2026. Lindsay strives daily to make a difference in how organizations leverage technology to move their logistics forward.
As per an online report, the global third-party logistics (3PL) market was valued at around USD 1trillion in 2020, and it is expected to reach more than USD 1.75 trillion by 2026, registering a growth rate of 8% during the period (2021-2026). But what exactly is a 3PL and how does it impact end-to end logistics operations?
These key participants include: Suppliers Manufacturers Logistics Companies Prime Contractors Subcontractors Architects and Engineers Common Challenges in Construction Supply Chains The larger the supply chain, the more opportunity there is for issues. Accurate takeoffs are crucial for reliable cost estimates and purchasing decisions.
Once more, current longer term industry trends imply a period of excess global container vessel ship capacity by 2026. According to cited Drewry data, another 3 million TEU ’s are scheduled for global fleet delivery by the end of 2026. Entering this year were C-Suite expectations for decreases in logistics and transportation costs.
We noted in our update that while the Boeing 737 program is reportedly stabilizing at a production rate at 31 aircraft per month with plans to ramp production to approximately 50 per month in the 2025/2026 timeframe, the wide body 787 Dreamliner program continues to experience challenges.
Businesses must be prepared to comply with FSMA 204 regulations by January 20, 2026. Streamline how you qualify, procure and deploy automation products, software and components with a single source for all your needs. – Manual tracking is prone to human error and inefficiencies.
The future is bright for e-commerce in Indonesia as by 2026, e-commerce in the country is expected to be worth $17.4 With Bukalapak being a heavyweight in O2O E-commerce, Malay wanted to know how it makes its procurement process easier and efficient. The panelists then looked at Indonesia, SEA’s most populous country.
Faury indicated to reporters that the expansion of Tianjin capacity is an important part of the strategy for producing upwards of 75 of the A320 family aircraft on a monthly basis by 2026. This facility also serves a base for commercial aircraft sold to China based airlines.
140 procurement execs, human rights experts, analysts, NGO leaders gathered in London on May 4 last week to exchange on practices and discuss the potential impact, pitfalls and response strategies to UK Modern Slavery Act. The practice of extracting ‘recruitment fees’ from worker fees has become the “original sin”.
Original article: Warner’s Top Transportation & Logistics Influencers. In light of the global environment in the past year and a half, we listed the top transportation & logistics influencers. The road hasn’t been easy for the transportation and logistics industries. miles of freight is expected to reach 7.67
Traditionally warehouse was mainly thought as a storage location where items were procured from manufacturer and supplied to retail stores (mainly bulk operation) as end customer buy from stores. billion since 2017 and the inflow is likely to reach $7 billion by 2021 on robust demand for logistics space by e-commerce companies.
Further, an overall corporate cost cutting initiative calls for $11 billion in savings by 2026 in order to afford the transition to electric powered vehicles. The company is seeking to raise margins to 6.8 percent over the next two years for the automaker’s namesake VW branded line.
AI-driven analytics, machine learning, and robotics are improving procurement, inventory management, logistics, and supplier negotiations. Walmart is also implementing AI-driven logistics and procurement. AI-powered warehouse management systems optimize logistics to reduce inefficiencies.
They include areas of supply chain planning, sourcing and procurement, customer fulfillment, logistics, transportation and other application areas. Scaling Back of Market Expectations Late last month, quantitative IT market industry analyst firm Gartner released a report of expected IT spending increases in 2025.
percent to 25 percent in 2026. The tariff rate on natural graphite and permanent magnets will increase from zero to 25% in 2026. percent to 25 percent in 2026. Batteries, Battery Components and Parts, and Critical Minerals The tariff rate on lithium-ion EV batteries will reportedly increase from 7.5
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content