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Preparing Your Supply Chain for 2023 – 4 Areas of Focus

Logility

Germany, South Africa, and South Korea were abundant in 2022. Labor issues raised many challenges in 2022, and the outlook remains unsteady, especially in the shipping industry, as we head into 2023. Labor actions like strikes in the U.S.,

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This Week in Logistics News (June 11 – 17)

Logistics Viewpoints

An escalating strike by truck drivers in South Korea is adding more disruption to global supply chains, from a slowdown at the country’s ports to production halts at auto factories. GM partnered with GKN Additive Forecast 3D, to quickly print the components using a flexible material that met GM’s criteria.

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Emerging Supply Chain Trends – A Look at Evolving Finished Vehicle Logistics Amid Market Shifts and Trends

The Logistics & Supply Chain Management Society

The subsequent rankings in the 2021 Production Statistics revealed that South Korea had overtaken Germany and Mexico, and Southeast Asian countries such as Thailand, Indonesia and Malaysia have moved up the world ranking for car production. The main destinations of vehicle exports were Europe, Middle East and Africa and South America.

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Doing Business in Singapore

QAD

Singapore has nine airports with paved runways and moved 6,154,365,275 mt-km of freight on registered air carriers as of 2017. A lack of rail transport is due mostly to the size of the island, making rail freight irrelevant. Import partners were China, Malaysia, the US, Japan and South Korea. Imports in 2017 totaled $312.1

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Build Resilient Supply Chains That Weather Disruptions 

Logility

As the pandemic eased, ports suffered bottlenecks, natural disasters disrupted freight movement, railways suffered congestion, and new legislation further complicated the movement of goods. For example, COVID restrictions in Asia shut down auto production because 70% of chip manufacturing happens in Taiwan and South Korea.

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The Coronavirus Is Shattering Traditional Supply Chains

ivalua

And even if an order from an overseas supplier were to be filled, delivery issues would be compounded by the declining number of air and ocean freight options to move products into the U.S.

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Five Key Takeaways From JOC’s TPM 2016

Freightos

overtaking South Korea at 2nd spot for Asian supplier of containerized goods to U.S ( from IHS ). Venture Capital Loves Freight. The industry talk is now on how consumer e-commerce attitudes are starting to impact freight. BETTER INTERNATIONAL FREIGHT HAS ARRIVED. GET INSTANT ONLINE FREIGHT QUOTES NOW.