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Navigating Freight Management Efficiencies with AI

ThroughPut

McKinsey predicts that AI will create an entirely new “logistics paradigm” by 2030 as it easily outperforms manual efforts not only at repetitive but also mission-critical tasks. CoFortunately for most supply and demand chain and logistics operations, AI has been a game-changer.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

Retailers like Amazon are chartering private cargo ships, making their own containers, and leasing planes to bypass supply chain disruptions like long wait times for dock space and workers. IATA data shows global demand for air cargo markets jumped 3.7% Air cargo carriers in North America posted an 11.4% (Statista).

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This Week in Logistics News (April 2 – 8)

Logistics Viewpoints

FedEx plans to test autonomous drone cargo delivery with Elroy Air. Air Canada wants more cargo jets 3 months after launching service. FedEx also plans to test autonomous drone cargo delivery, partnering with Elroy Air. Walgreens to offer Wing drone delivery in suburban Dallas. Mexican factories gain in supply chain revamps.

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Supply Chain Matters News Capsule Follow-up: Regulator Approves Canadian Pacific Merger with KCS and Added Rivian Development

Supply Chain Matters

bound cargo. ” An Amazon spokesperson indicated to the Journal that the online retailer remains committed to buying 100,000 EV vans by 2030, which were the terms outlined in the original agreement. counterparts from the transport of U.S. A Rivian spokesperson noted that a positive relationship remains between the two companies. “

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Enter RCEP: The World’s Largest Free Trade Agreement

Logistics Viewpoints

These include: tariff elimination on at least 92 percent of goods traded between RPCs; simplified customs procedures to expedite the clearance of cargo, with a six-hour ceiling for express and perishable items; and easing of rules of origin definitions. RCEP Benefits for Singapore, according to the country’s Ministry of Trade and Industry.

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This Week in Logistics News (July 2 – 8)

Logistics Viewpoints

Although the company has not disclosed details, it is believed to be having trouble procuring parts for Bluetooth wireless communications components used in the controllers and main units as well as analog chips for controlling currents. Nintendo is having negotiations on procurement, but the outlook is uncertain.