Time: 2024-02-23 | Publisher: Kevin
In the vast landscape of India's economy, the logistics sector plays a pivotal role in shaping the nation's competitiveness and economic growth. Recently, a significant spotlight has been cast upon the intricacies of India's logistics costs with the release of the National Council of Applied Economic Research (NCAE...
Time: 2024-02-22 | Publisher: Kevin
In the ever-evolving landscape of logistics, the integration of artificial intelligence (AI) is proving to be a transformative force, with profound implications for the industry. As we delve into 2024, several key trends are reshaping the way logistics operates, promising increased efficiency, sustainability, and customer satisfaction...
Time: 2024-02-21 | Publisher: Kevin
In September 2022, India introduced the National Logistics Policy (NLP), a visionary initiative aimed at transforming the logistics sector and fostering seamless connectivity across the nation. The NLP stands as a pivotal component, intricately weaving together existing strategic plans such as Gati Shakti, Sagarmala, Bhar...
Time: 2024-02-20 | Publisher: Kevin
The global freight industry is bracing itself for a prolonged period of recession as soft pricing and challenging economic conditions continue to cast a shadow over the sector. The forecast for 2024 suggests that this downturn may extend into 2025, posing significant challenges for shipping companies worldwide.One of the primary factor...
Time: 2024-02-19 | Publisher: Kevin
Freight rates originating from Asia have witnessed a staggering surge of 53% in just one month, as per the latest data from Freightos. This unprecedented increase is attributed to a combination of factors, including disruptions in major shipping routes and significant decisions made by industry giants. Notably, container shipping tit...
Time: 2024-02-18 | Publisher: Kevin
In an era dominated by technological advancements, the Air Force Research Laboratory (AFRL) recognizes the pressing need to assess and mitigate cyber-related risks within its defense-industrial supply chains. Collaborating with RAND Project AIR FORCE (PAF), the AFRL sought to understand how cyber threats comp...
Time: 2024-02-05 | Publisher: Kevin
In a sudden turn of events, the global supply chain is facing a severe crisis as 158 vessels, carrying approximately $105 billion in ocean freight, are being diverted away from the Red Sea due to the escalating risk of Houthi attacks. This redirection, coupled with the continuing aftermath of the COVID-19 pandemic, has led to a ...
Time: 2024-02-01 | Publisher: Kevin
Ever find yourself stuck in traffic, wondering if there's a faster route to your destination? That sense of frustration is what we call a shared experience. And just like that feeling, the world of logistics understands your need for a smoother journey.Now, imagine if there was a secret route, a collaborative network that cou...
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