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We’re talking about solving for the entirety of the procurement lifecycle from strategic sourcing through execution and analysis. Similarly, our Freightos Air Index (FAX) offers the same level of insight for air cargo rates.
Autonomous supply chains can also help businesses by enabling new business models, such as direct-to-consumer, subscription-based, and circular, and creating new sources of revenue and competitive advantage. Rolls Royce predicts that lighter unmanned vessels will burn 15 percent less fuel.
28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune. Image source: Financial Times. Over 90% of the United States’ semiconductor-grade neon is sourced from Ukraine. Image source: Bloomberg.
The regulation is designed to provide European consumers with extensive data about the provenance of the items they purchase, all the way back to the sourcing of raw materials. Under “intermediate” products, the first sectors to be impacted are iron and steel in 2026, and aluminum in 2027.
First up was UPS’ plan to reduce Amazon volumes 50% by the second half of 2026. Both providers offer tech platforms to manage crowd-sourced last-mile deliveries. increase in revenue per piece and increase in air cargo. The increase in air cargo was due to a reporting change effective Jan. billion, up 18.1%
We’re talking about solving for the entirety of the procurement lifecycle from strategic sourcing through execution and analysis. Similarly, our Freightos Air Index (FAX) offers the same level of insight for air cargo rates.
As part of its partnership with drone company Wing, the retail giant intends to bring drone deliveries to Houston, Tampa, Orlando, Atlanta and Charlotte by June of 2026, and will expand existing services in the Dallas-Fort Worth region.
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Per the contract, Eni will deliver one LNG cargo per month between 2017 and 2032. However, on January 26 th , Eni warned it would not be able to deliver the LNG cargo to Pakistan because of a force majeure incident. Alternative energy sources such as wind and solar energy will take precedence.
With the Drive initiative substantially complete, most of the $1 billion in projected savings during the 2026 fiscal year will come from the consolidation of the Express and Ground networks, dubbed Network 2.0. The retirement last quarter of 12 cargo jets is also intended to help on the cost front.
Supply challenges arising from the war will hit many industries, with electronics being a prime example, since Russia and Ukraine are both sources of materials such as palladium and neon , vital for the manufacture of semiconductors. From Fuel to Fertiliser, Supply Shortages Start to Bite. Grain From Ukraine: Will it Start Moving at Last?
As we navigate the third quarter of 2023, it's time to examine air cargo's role in global commerce. Air cargo is now essential for global supply chains and offers many benefits for businesses worldwide. Air cargo refers to the transportation of goods via an air carrier, which may be charter or commercial. billion in 2026.
I saw an article recently about a cargo flight headed to Belgium from New York that had to turn around mid-flight. The world’s first cargo ship that produces nearly zero planet-heating pollution is on track to set sail in 2026, according to one of the firms behind the project. And now on to this week’s logistics news.
The US FDAs Phase-Out of Synthetic Food Dyes The US FDA’s initiative to phase out eight petroleum-based synthetic food dyes by the end of 2026 presents significant challenges for the food and beverage supply chain.
The US FDAs Phase-Out of Synthetic Food Dyes The US FDA’s initiative to phase out eight petroleum-based synthetic food dyes by the end of 2026 presents significant challenges for the food and beverage supply chain.
When duties render traditional sourcing unprofitable, companies must reconfigure supplier networks, often under tight timelines. The company reportedly plans to shift 15% to 20% of its production to India and Vietnam by 2026, reducing exposure to U.S.China tariffs. Beyond the U.S., Tariffs also destabilize supply chain operations.
That phase out involves cutting the number of Amazon shipments serviced by one-half by the end of 2026. FedEx’s contract as the primary air cargo provider for the USPS expired in September 2024, and was not renewed. UPS replaced FedEx as the primary air cargo provider at that time. percent of total revenues in 2024.
the secretary of the Department of Health and Human Services, said he had reached “an understanding” with food manufacturers to remove commonly used artificial food dyes from their products by 2026. Kennedy Jr., The Times said Kraft Heinz is the first major food company to officially announce plans to do so.
and Vietnam creates new question marks for sportswear and clothing retailers like Nike and Adidas that source shoes and clothes from factories in the Southeast Asian country, industry experts said on Thursday. For retailers, US-Vietnam trade deal leaves questions A trade deal announced by the U.S. billion rupees ($497.30
US demand for China-made goods ebbs on tariff worries; ocean shipping rates drop Rates for shipping cargo containers from China to the U.S. Tariff risks muddy global outlook for factories Worries over future U.S. Exclusive: Nissan seeks to delay supplier payments to free up cash, company emails show Nissan Motor (7201.T)
Sales Slowdown The tariffs further complicate chief executive officer Calvin McDonald’s target of doubling sales from 2021 to 2026. Lululemon’s guidance assumes 30% tariffs on China and 10% on other countries. Rising competition and promotions in the apparel industry, and years of higher inflation, are also hindering the company.
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