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Logistics: Page 178
IATA's World Cargo Symposium Focuses on Driving Sustainable and Inclusive Growth
Air cargo is an unsung hero of the global economy. In normal times, it delivers some 35% of the value of goods traded across borders. In the pandemic, air cargo brought medical supplies and vaccines to where they were needed. And today it is providing a vital transport alternative for some products as Red Sea shipping lanes face geopolitical uncertainty. In 2023 air cargo closed the year at near pre-pandemic performance levels. In this context, global air cargo leaders are set to convene in Hong Kong (SAR), China, from March 12 to 14, for the International Air Transport Association's
(IATA) World Cargo Symposium (WCS).
The Red Sea Crisis Could Disrupt the U.K.’s Tea Supply
The British Retail Consortium said that it had noticed a “temporary disruption” to some black tea lines, while an industry source suggested that some flavored lines had been delayed.
Diamondback, Endeavor Merge in $26B Deal Amidst Rush for Drilling Land
Diamondback Energy agreed to acquire Endeavor Energy Resources, creating a new entity with a market value of roughly $50 billion.
QatarEnergy Picks Nakilat to Own and Operate up to 25 Newbuild LNG Ships
The carriers, each with a capacity of 45.96 million gallons, will be wholly owned by Nakilat and chartered out to affiliates of QatarEnergy.
Audi India Says Red Sea Crisis Impacting Automotive Supply Chains
Balbir Singh Dhillon, the head of Audi India, said that the Red Sea situation is impacting the German carmaker’s deliveries to customers in India.
Shipping Bosses Warn Maritime Security in the Red Sea Getting Worse Not Better
Military ships in the region have been attempting to thwart missile strikes on merchant vessels over the past few weeks, but the Houthis have continued their attacks.
Maersk, PUMA Partner for Semi-Automated Chilean Distribution Center
Maersk said that the Santiago-based facility will be the organization’s first semi-automated omnichannel fulfillment distribution center, providing PUMA with better end-to-end supply chain visibility.
C.H. Robinson Launches Touchless Appointment Technology
C.H. Robinson said that touchless appointments allow some users to save up to 7.4 hours on average in terms of being able to deliver products to market.
Nearshoring to Mexico in 2024: What to Consider Before You Relocate
Companies considering a move to Mexico should make sure that their nearshoring strategies are built from a rigorous planning process.
Manifest Partners With SupplyChainBrain for Global Supply Chain Marketing Summit
The partnership brings Manifest’s unmatched expertise in the inner workings of supply chain management to Global Supply Chain Marketing Summit.
Uncertain economy? Invest in a plan and people in 2024
There is a balance between the current financial perspective and the need to take measured risks to continue to grow in the market.
Germany Faces More Travel Chaos as Lufthansa Ground Crews Strike
A shortage of skilled workers — coupled with high inflation — has emboldened employees across many industries in Germany to seek wage increases.
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