article thumbnail

Risk Management in Halal Supply Chains

The Logistics & Supply Chain Management Society

Marco Tieman , Chief Executive Officer at LBB International Background According to the 2022 State of The Global Islamic Economy Report, the global Islamic economy is an estimated USD 2 trillion industry consisting of the following key industries: halal food, modest fashion, media & recreation, travel, pharma, and cosmetics.

article thumbnail

This Week in Logistics News (April 1 – 7)

Logistics Viewpoints

According to the annual survey released by the National Retail Federation’s (NRF) and Prosper Insights & Analytics, consumers plan to spend a collective $24 billion on Easter this year, up from $20.8 Spending is growing across several categories, and the top Easter items consumers say they are planning to purchase include candy ($3.3

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

FedEx Updates Peak Surcharge; UPS Aims to Improve Healthcare Logistics

Intelligent Audit

Despite optimistic changes in air travel in 2022, air cargo availability remains slim amidst continued disruptions, revealing the need for continued surcharges and fees that complicate freight billing. However, UPS reported that, “Effective August 14, 2022, Asia to Canada WWE FREIGHT rates will decrease.

article thumbnail

FedEx Partners for Visibility, New CEO Focuses on Quality

Intelligent Audit

In a continued effort to grow its presence in the North American market, DB Schenker announced the $435 million purchase of USA Truck on June 24, 2022. While the transaction is still awaiting shareholder discussion and regulatory approvals, the deal includes the cash purchase of all remaining USA Truck common stock. year-on-year.”

Quality 52
article thumbnail

5 Ways to Reduce Fleet Management Costs!

Supply Chain Game Changer

It can also assist in determining specific metrics that affect the business. When repair work or fuel purchases are needed for fleet operations , some people make their decisions based on factors such as convenience or time investment. Establishing more cost-effective ways to use your fleets will help reduce overall operational costs.

article thumbnail

This Week in Logistics News (February 25 – March 4)

Logistics Viewpoints

According to a recent report, the company canceled, closed, or delayed 99 fulfillment facilities, impacting nearly 32.3 Analysts say Amazon’s service can help the company retain users of its $139-a-year Amazon Prime subscription, which also provides streaming, discounts at Whole Foods Market and other perks.

article thumbnail

This Week in Logistics News (July 3 – 9)

Logistics Viewpoints

New aircraft purchases are focused around twinjets such as the Boeing 767 and 777. Descartes Systems Group , a global leader in uniting logistics-intensive businesses in commerce, announced that it has acquired GreenMile, a provider of cloud-based mobile route execution solutions for food, beverage, and broader distribution verticals.