Freight trains, carrying critical business supplies into major cities in the UK, may start rolling again for the first time in over 20 years, following a test train from Rugby to London's Euston Station on June 5, which the operator claims delivers a faster service, and potentially saves thousands of tonnes of carbon emissions compared to that of road haulage.
Governments and businesses should make efforts to reduce supply chain inefficiencies, which among others significantly contributes to loss of as much as 1.3 billion tonnes of food every year, says a report.
As costs of production and labor continue to increase in China, U.S. manufacturers are increasingly focused on product and process innovation and supply chain efficiency to boost productivity and manage costs. This was according to top executives from leading U.S. companies in China at the AmCham Shanghai 2013 Manufacturing Summit on October 17.
The Far East Land Bridge cargo cooperation, whose members aim to revolutionize rail connectivity along the Trans-Siberian route, has witnessed the first container freight train travel from Suzhou, China, to Warsaw, Poland. The 14-day transit resulted from a project among the government of the City of Suzhou in the Jiangsu Province, PKP Cargo (the Polish state railway) and RZD Logistics (part of Russia's rail behemoth).
In today's globalized economy, supply chain professionals work together to deliver products to the end customer while working with different organizations and different business units within the same organization. During this process, supply chain managers face a challenge in controlling inventories and costs while maximizing customer service performance.
President Dilma Rousseff of Brazil plans to build 11,000 kilometers (6,835 miles) of rail and grant wider access to existing privately operated lines to cut shipping costs by as much as 30 percent in the country. The auction of a concession to build and manage the first of a dozen railways costing a total $42bn will take place as early as October.