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Other sub-groups of LSCMS include LogiSYM, a leading event platform in the Asia region for the dissemination and sharing of trends and best practices in logistics, and the CargoNOW industry news website and magazine. Shippers Council meeting at LogiSYM Asia Pacific 2024 in Singapore.
Political instability has disrupted transportation corridors. Leading organizations are building supply chains that are less exposed to single points of failure, more informed by real-time data, and more able to adjust sourcing, inventory, and routing based on current conditions. Trade tensions have led to abrupt tariff hikes.
Report data indicates significant year-over-year increases in the average total time for container transport, from booking to receipt, for several major global shipping lanes. Exports from South America to Asia averaged 87 days, an increase of six days from last quarter and up 15 days from Q2 2023.
During the early phases of the COVID-19 pandemic, sectors such as automotive, electronics, and consumer goods experienced severe disruptions due to factory shutdowns and shipping constraints, primarily because of dependence on suppliers concentrated in Asia.
Freight and cargo tariffs refer to the charges levied on goods that are transported via various modes of shipping. These tariffs cover a wide range of costs, including handling, customs duties, transportation, and other logistical services. Road transport costs vary depending on the distance and the infrastructure available.
These platforms are proving to be true information technology disruptors. In response, a new generation of digital supply chain technologies has emerged, centered around a network-based architecture and powered by artificial intelligence (AI) and machine learning (ML).
Singapore has long been a logistics powerhouse in the Asia-Pacific region. Central to this transformation is the Transportation Management System (TMS), a digital solution that streamlines and optimizes the movement of goods across the supply chain. Why Transportation Management Systems Are Critical in Singapore 1.
Being integrated in the Freightos Enterprise solution offering benchmarking capabilities in combination with different procurement events and being able to book transportation perfectly fits the overall Vision we have in SHIPSTA, but also we in Freightos are believing in.
And increasingly, they are exploring cost-effective nearshoring strategies as a way to gain greater control, shrink transportation times and costs, and improve their competitive position. Author information DELMIAWorks The post How to Drive Cost-Effective Nearshoring with Automation appeared first on DELMIAWorks Manufacturing Blog.
The company has a global workforce with customers across North America , Europe , and Asia , along with a leadership team that is 57 percent female. The provider’s software integrates with pickup and delivery data, enabling contractors and drivers to make better-informed decisions and operate more efficiently.
That way, you and your business will be in the right cosmic position , armed with the information and data needed to ensure a diversified and well-rounded variety of options available in the upcoming year. Last year, it extended its contract agreement through 2027 and then again to 2032.
Evaluating the options around sourcing from different countries and applying different inbound and outbound transportation strategies. And it will have explored different and creative options around use of its production facilities, distribution facilities and transportation partners. million ($3.59
In Asia-Pacific, China believes Taiwan rightfully belongs to them. However, the report summarizes the military drills around Taiwan in recent years and comments that more or bigger Chinese military exercises could disrupt transportation through significant seaports and airports in the region. This may be overly optimistic.
Integration in the oil and gas industry refers to the seamless coordination of various production stages—from extraction and refining to transportation and distribution. Integration enables real-time data sharing and collaboration between disparate departments, fostering an environment where informed decision-making is the norm.
The Supply Chain Matters blog provides observations and additional information perspectives related to the 2025 State of Logistics report. The cost of drivers were reported as 6 percent in overall transportation costs, 4.9 Costs in all of 2024 rose a reported 5.4 percent to $2.58 trillion, again representing 8.8 While China and U.S.
Example: A bicycle manufacturer adds a rear reflector and bell, reclassifying the bike as a safety transport device, reducing the duty rate by 10%. A heavy reliance on a single region such as Southeast Asia exposes businesses to severe disruptions when tariffs shift. Another trend?
In the latter case, a published report by Nikkei Asia highlighted BYD ’s announcement of discounts up to 34 percent on 22 of this maker’s plug-in and EV models up until the end of June. This move raised the specter of a wider consolidation of China ’s domestic EV market players, including possible Tesla.
SYDNEY, Australia, 1st July 2025 – JAGGAER, the global leader in source-to-pay and supplier collaboration, today announced the expansion of its global alliance with BearingPoint through a new reseller agreement in the Asia-Pacific region.
When Lulu Hypermarket expanded across the Middle East and Asia , its dependence on manual route planning revealed major inefficiencies such as delays, poor fleet utilization, and rising last-mile delivery costs. The core issue was the inability to adjust routes dynamically as the delivery network expanded. But Lulu is not alone.
This is all done while factoring in a wide range of dynamic variables that influence real-world transportation. This is especially true in high-pressure sectors like online grocery delivery and in complex geographies like Southeast Asia , where last-mile logistics can make or break customer trust.
Sourcing raw materials from Asia, coordinating freight with European logistics providers, or navigating distribution networks in the Americas cross-border operations rely on effective communication to make them happen. Language barriers facilitated the slow relay of urgent updates from Asia-based producers to Western buyers.
”[2] However, as Sengupta pointed out, the primary focus currently is on reducing carbon-related emissions from transportation use and energy production. Li Shuo , Director of the China Climate Hub at the Asia Society Policy Institute in Washington, believes competing with China is a losing battle. could ever be cost-competitive.
The situation is reminiscent of the concerns about inflation back in November, but now the stakes are higher with significant import declines from Southeast Asia and China. It would take about a month to reposition ships around major ports, load containers, and transport them across the Pacific.
Ongoing disruptions in the Middle East are driving up supply chain costs across energy, transportation, insurance, inventory, and technology. Assess and mitigate exposure to new global transportation bottlenecks 2. link] Robert Transportation Manager, N/A Posted on: Aug, 30 2016 Good article! Supply Chain Digest Says.
Drewry notes that transpacific rates from Asia to the US West Coast have been especially volatile in the last six months, in the context of tariff announcements and sudden changes in both capacity and demand. link] Robert Transportation Manager, N/A Posted on: Aug, 30 2016 Good article! We have to keep this in mind.
There’s no record of who owns or controls the PPR Mundial YouTube channel (with 210,000 subscribers), although it purports to “offer in-depth coverage of major economic developments and geopolitical dynamics across the Americas, Europe, and the Asia-Pacific region.” NAFTA and its successor CUSMA have been beneficial for both Canada, the U.S.
This week: Experts say US tariffs negatively impact businesses, consumers; CTPAT Informational Conference draws over 400 in Laredo; and TP Trucking and Logistics opens transload facility in Texas. Her employees and contract workers are Americans, but her products come from Asia. The warehouse for the products is in Virginia.
Many were doing light repairs to product that had come into the DC from Asia with quality issues. link] Robert Transportation Manager, N/A Posted on: Aug, 30 2016 Good article! Supply chain real time information should top the list. Najma logistics, threelineshipping Posted on: Aug, 23 2017 Very informational article.
Home Transpac ocean volumes surge during tariff pause; US-EU tensions rising – May 27, 2025 Update The Freightos Weekly Update keeps you informed on international freight with key economic data, demand trends, and rate insights. Asia-US East Coast prices (FBX03 Weekly) increased 20% to $4,223/FEU. China – N.
When it comes to executing mode-specific freight moves from origin to destination efficiently, reliably, and cost-effectively, transportation execution and visibility solutions play a critical role. Transportation execution solutions allow shippers to connect to multiple carriers and then tender, track, and pay in the system.
There are some 3PLs who perform niche tasks, like Cerasis does with transportation management for over the road modes like LTL, Truckload, and small package. CEOs from North America and Asia-Pacific forecasted three-year revenue growth averages for their companies of 7.86 percent and 11.50 percent, respectively.
Transport Intelligence, the well-respected U.K. consultation firm, runs four ‘Logistics Briefing’ newsletters: Global, Americas, Asia/Pacific and Mergers & Acquisitions. The JOC newsletter spans the globe, providing information targeted at carriers, shippers and forwarders. Transport Topics. Ti_Research.
Essential Skills for Supply Chain Leaders in Asia during Pandemic The Asian Institute of Management conducted a study across orgainsations in Asia to identify crucial skills and competencies required by supply chain managers and leaders in Asia.
It is now the standard to go ‘international, ’ and logistic solution providers have a role to play in enabling this trend through a transportation network. . It is these factors that must be considered in with regards to this group and how you present information to them. A Workforce that is Technologically Savvy . Today it is not so.
The highlights showed “How can a Digital Cross-Border Platform increase market access for e-Commerce players in Japan & Asia Pacific Region” – we saw how e-commerce has flourished in the ASEAN region – a show case of how Japanese businesses could use this momentum to grow their regional and even global trading activity.
It still takes over 100 days to move a container from Asia to a U.S. At the beginning of June 2022, a 40-foot ocean container cost about $10,000 to ship from southeast Asia to Northern Europe This is compared to about $1,500 for the same route about 2 years ago. There is only so much retailers can do to absorb higher costs.
The most obvious impact was the disruption of traffic and transportation. An agile supply chain has dynamic and adaptive capabilities, such as information, communication, coordination, and collaboration, that enable it to sense, analyze, and act on disruptions.
Transportation has followed the same evolutionary pattern, moving upstream from day-to-day freight transactions to an integral component of top-level corporate planning and procurement strategy. As a strategic process, transportation procurement may still seem very tedious and challenging. Hire smart data analysts.
But cross-border trade is an important part of the global economy and much of this trade is in physical goods that must be stored, shipped, transported, and eventually consumed. The United States publishes monthly advance economic indicators that can provide more recent and updated information.
Globally, natural catastrophes are the top concern for businesses in East Asia and the Pacific. Other companies have lost intellectual property or customer information and have not found out until the damage was done. Capacity constraints and transportation delays. The average cost of a data breach reached $3.86
Sustainability is definitely coming of age in Asia. In fact, IDC predicts that manufacturers across Asia who digitally transform and accelerate sustainable innovation to improve supply chain operations, will increase their revenue by 20 percent in 2025. It provides capacity where and when organisations need it most.
It is with particular pleasure to chat-up with Katie Kinraid, of BluJay Asia Pacific. Such information is a critical component of client communications in situations of delays/disruptions. What are some of the supply chain challenges that you see Customers face in the Asia Pacific region and how can BluJay solutions help to solve them?
Customers use their modular, SaaS solutions to route, schedule, track, and measure delivery resources; plan, allocate and execute shipments; rate, audit, and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete numerous other logistics processes.
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