Statistics released today on factory automation show that 542,000 industrial robots will be installed in 2024 – more than double the number 10 years ago – according to the International Federation of Robotics (IFR). The group’s latest report says annual installations exceeded 500,000 units for the fourth year in a row. Asia accounted for 74%…
Dhaka’s air cargo community fears goods worth about $1 billion will be lost in the devastating fire that broke out at Dhaka Airport on Saturday, according to Mohammad Hatem, president of the Exporters Association of Bangladesh (EAB). Clothes, fabrics, yarn and spare parts were among the largest items destroyed, as well as a large amount…
The logistics provider in Iowa (LSP) said that the TIG group has acquired Matrix Management, which is based in Chicago to collect after -sales, and e -commerce solution solutions. According to Marshalltown, Iowa -based TIG, the deal collects its assembly and intercourse experience for the highly distributed agents with Matrix capabilities to work as an…
Mid-sized and feeder vessels continue to dominate the newbuild landscape. Eastern Pacific Shipping and XT Shipping, controlled by Israeli businessman Idan Ofer, have ordered up to eight 3,100 TEU vessels at China Merchants Jinling Shipyard (Weihai). There are four firm orders and options for four more ships. Confirmed orders are scheduled for delivery between 2027…
In an increasingly interconnected world, global trade continues to grow, but also the regulations that govern them. For exporters, commercial compliance is no longer formally for the back office, but it is a basic job function that directly affects the efficiency of the supply chain, profitability and reputation. While we move until 2025, advanced regulations,…
Swiss Federal Railways (SBB) has partnered with the private German Railway Development Corporation (RDC) to operate a night service between Basel in northwestern Switzerland and Malmö in southern Sweden, via Germany and Denmark. The new EuroNight-branded service is set to begin operating three times a week from April 15, with tickets expected to go on…
There is a less well -known opportunity for companies that buy goods at the international level, especially from China, to reduce their costs that have fallen and reduce customs tariffs. We will explore the option known as “first sale” in this article. Also read: The effect of customs tariffs on emerging market trade flows We…
Truck -based transportation groups require the Trump administration to accelerate recent efforts to ensure highway safety in the country as a reaction to a collision in Florida, which included a shipping truck that left three people. The FMCSA safety company is achieving the crash of August 12, as it was claimed that the truck driver…
Splash 24/7 reports: The American port fee system, which is looming on the horizon, directly targeting the Chinese -related load, can wander in Cosco and its temporary branch in Hong Kong with a common bill exceeding $ 2.1 billion in 2026, according to new accounts from HSBC. The US Trading Representative (USTR) is scheduled to…
Time is one of the most powerful and misunderstood elements in the world of supply chain management. While logistics professionals often focus on efficiency, cost reduction, and data-driven decisions, there is a psychological layer to how perceptions of time impact supply chain success. From customers tracking packages online to manufacturers anticipating delivery of important components,…