article thumbnail

Why Commercial Drone Is NOT the Future of Supply Chain

Supply Chain Opz

3) Safety of Drone Itself : even though Amazon can drive the economy of scale and make a drone a lot cheaper, there is an absolute no guarantee that a drone and its cargoes won''t become a target for theft. The above image was captured in front of a McDonald''s store in South Korea.

article thumbnail

This Week in Logistics News (June 22 – 28)

Logistics Viewpoints

The company said it took a $157 million impairment charge for permanently deactivating the 757 cargo jets along with seven engines. By the end of September, FedEx will no longer be the primary air cargo provider for the U.S. Postal Service after UPS recently won the five-year contract.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

81% of semiconductor contract manufacturing was based in Taiwan or South Korea in 2020 ( Deloitte Global ), but The United States passed a $52 billion dollar Chips for America Act in an effort to bring the manufacturing of microchips back to the United States. IATA data shows global demand for air cargo markets jumped 3.7%

article thumbnail

The Coronavirus Is Shattering Traditional Supply Chains

ivalua

In the meantime, Hyundai’s supply-chain radar was able to quickly identify two South Korean wire harness makers who were looking for opportunities to increase production at their own factories in South Korea and elsewhere in Asia, to compensate for disruptions to the Chinese supply chain.

article thumbnail

IAG Cargo Restarts London to South Korea Service

Supply Chain Brain

IAG Cargo, the cargo division of International Airlines Group has announced a return of its direct service from the United Kingdom to South Korea. A route that was paused due to the pandemic.

article thumbnail

This Week in Logistics News (September 12-16, 2016)

Talking Logistics

The fallout from Hanjin’s bankruptcy continues, with $14 billion of cargo still stranded at sea. According to a Reuters report: As of Wednesday, of Hanjin’s 97 container ships, 36 were waiting outside of overseas ports, according to South Korea’s finance ministry.

article thumbnail

Doing Business in Malaysia

QAD

It’s merchant marine includes more than 1,700 vessels, including bulk carriers, container ships, general cargo ships and oil tankers. The primary import partners were China, Singapore, US, Japan, Thailand, South Korea and Indonesia. Major seaports include Bintutu, Johor Bahru, Penang, Port Klang and Tanjung Pelepas.