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Realties of Declining Global Trade and Transport Rates More Evident

Supply Chain Matters

Carriers and logistics services providers experienced windfall profit levels in their ability to leverage the constant disruptions and ship deployment imbalances into skyrocketing spot rates, added services fees, surcharges or demurrage penalties. Barclays in-turn cut 2023 earnings estimates for Maersk and Zim Integrated Shipping Services.

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2024 Predictions for Industry and Global Supply Chains- Prediction One

Supply Chain Matters

As 2024 begins, two of the world’s most critical ocean transit corridors, the Suez Canal , and the Panama Canal are facing threats of shipping disruption as global geopolitical tensions and terrorist threats escalate. Global trade was reportedly set to contract by 5 percent in 2023 compared to 2002, amounting to upwards of $30.7

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5 Tactics for Transforming Your Supply Chain into a Lean, Mean, Green Machine

AFFLINK

In recent years the evolution of the green supply chain or green procurement, have become incredibly popular. Implementing green procurement practices can seem overwhelming. In a related move, UPS, the shipping and logistics company, recently added 700 18-wheeler trucks powered by liquefied natural gas (LNG).

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November Global PMI Reporting Reflects Some Stabilization

Supply Chain Matters

contractionary mark for fifteen consecutive months and reportedly the longest sequence of deterioration since the period of December 2000 to February 2002. Growth was reportedly fueled from demands in medicine, high tech, auto, railway, shipping and aerospace equipment markets. While the production sub-index registered 50.7,

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Logility Receives Supply & Demand Chain Executive’s 2021 Top Supply Chain Project Award

Logility

Whether it be moving a customer to a cloud-based solution or implementing a more sustainable shipping option, these top supply chain projects reflect the supply chain industry’s strength and resilience to overcome disruptions and work better, smarter and more efficiently in the years ahead.”. About Supply & Demand Chain Executive.

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Ocean Ports Lead the Way in Logistics Technology Advancements

Material Handling & Logistics

and its trading partners that ships can carry. million during the period 2002 through 2017. In addition to the challenge of handing increased cargo throughput, the ports must also have the channel depth to accommodate the new deep draft Ultra Large Container Vessel ships and even larger ships currently on the drawing board.

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History and Evolution of Supply Chain and Logistics

SCMDOJO

Logistics was first applied and recognised in military operations, its most significant impact is felt through the functions of production, distribution and consumption (Rodrigue and Slack, 2002). Also, traditional logistics focuses its attention on activities such as procurement , distribution, maintenance, and inventory management.