QAD
NOVEMBER 10, 2020
South Korea is in eastern Asia in the southern half of the Korean Peninsula. It is bordered by North Korea, the Sea of Japan and the Yellow Sea. Although it has been an independent kingdom for much of its history, the 20 th and 21 st centuries were tumultuous for South Korea. Manufacturing in South Korea.
Logistics Viewpoints
OCTOBER 27, 2023
A notable achievement at the port is the electrification of 89 out of 91 ship-to-shore and rail-mounted gantry cranes. In August, President Biden hosted the leaders of Japan and South Korea at Camp David, bringing the three countries together in a bid to further encourage collaboration and innovation.
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Logility
DECEMBER 20, 2022
A surplus of ships is likely 3. We expect shipping costs to drop in 2023 as we see a rush of new vessels next year. That could make container rates lower and cause shipping costs to drop. Labor issues raised many challenges in 2022, and the outlook remains unsteady, especially in the shipping industry, as we head into 2023.
Supply Chain Movement
MARCH 6, 2020
The media coverage of supply chain has increased exponentially as a result of the coronavirus epidemic in China, South Korea and Italy. All companies that produce and ship tangible goods are currently working hard to assess the impact of the outbreak on their own supply chains.
Supply Chain Matters
FEBRUARY 5, 2024
Renewed Expansion in South Korea The S&P Global South Korea Manufacturing PMI® was headlined with a reported renewed expansion in the country’s manufacturing sector at the start of 2024. The South Korea Customs Office indicated that export increases in memory chips and semiconductors have driven the rise in exports.
Intelligent Audit
NOVEMBER 14, 2022
As Denmark-based carrier Maersk looks to expand air cargo capabilities around the globe, North American airports see increased investment from the multimodal shipping giant. to Incheon Airport in South Korea to connect the Southeastern U.S. Air Cargo Capabilities. to far-distant Asian trade hubs.
Supply Chain Brain
SEPTEMBER 5, 2023
As part of the country’s three-pronged plan, the amount of government support issued for ship construction will increase from $91 million to $300 million.
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