Supply chains – Page 56
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NewsCCA to ‘shine a light on collaborative solutions’ for pharma
Stavros Evangelakakis of the CCAThe Cool Chain Association (CCA)’s next Pharma & Biosciences Conference, to be held in Paris in September, will ‘shine a light on collaborative solutions to final mile challenges’, the non-profit organisation that aims to reduce wastage and improve the quality, efficiency and value of the temperature-sensitive ...
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NewsDHL introduces digital twin technology to Tetra Pak warehouse in Singapore
DHL Supply Chain has introduced what it describes as an ‘integrated supply chain solution’ at Tetra Pak’s warehouse in Singapore.It is, said DHL, its first smart warehouse in the Asia Pacific region to ‘deploy digital twin technology’, which involves using digital models to better understand and manage physical assets.Tetra Pak ...
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Retailers hopeful as US holds back on plan for more tariffs on Chinese goods
US retailers have expressed hope that progress made during talks between President Trump and China’s President Xi Jinping at the G-20 summit in Japan will lead to the end of the two countries’ trade war.On Saturday, the US President said that he would hold off imposing 25% tariffs on ...
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Shipper turns to airfreight to avoid ocean tariff troubles
A Canadian apparel firm is upping its use of airfreight as it anticipates that there will congestion at Asian ports in the run up to expected US tariff hikes.While announcing its quarterly results, Lululemon chief financial officer PJ Guido said the company was expecting port congestion in mid to late ...
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FedEx ditches Amazon contract
FedEx has made the strategic decision to not renew the FedEx Express US domestic contract with Amazon in order to focus on serving the broader e-commerce market.The move comes after the e-commerce retail giant launched its own airfreight network three years ago through deals with Atlas Air and ATSG and ...
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NewsEntrants get their thinking caps on for think-a-thon
Yesterday (Tuesday, June 4), the so-called think-a-thon got underway at transport logistic.transport logistic plays out alongside Air Cargo Europe (ACE) in Munich.The topic for the think-a-thon is ‘automated process improvement in the supply chain on the basis of historical data and real time data’.A total of 30 students have until ...
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NewsTigers provides global B2B and B2C solutions for Rapha
Shahar Ayash, TigersHong Kong-headquartered Tigers has expanded its partnership with Rapha, providing fulfilment services for the cycling sportswear brand from Tigers’ new facility in Thurrock.Those services include distribution within the UK, the European Union and Korea; other markets in Asia are to be served from Tigers’ Hong Kong warehouse.Rapha is ...
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Shoe firms urge end to US-China trade war
In response to US President Donald Trump’s recent announcement that he would increase tariffs on $200bn worth of US-bound Chinese imports from 10% to 25%, some of the world’s major footwear companies have called for the trade war to end.A letter to the president, signed by 173 shoe firms, claims: ...
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NewsWFS and Avinor terminate Oslo seafood centre deal
Oslo Seafood Centre - artist's impressionThe future of a huge new seafood centre at Oslo airport is hanging in the balance after ground handler Worldwide Flight Services (WFS) and airport operator Avinor agreed to terminate their deal for the construction and operation of the hub.The reasons for the deal ...
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US more than doubles Chinese tariff levels
The US has followed through on its threat to increase tariffs on $200bn worth of Chinese goods.Tariffs on Chinese products being imported into the US have been increased from 10% to 25% and China has threatened to retaliate.The types of products covered by the tariff increases includes: fresh food, processed ...
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NewsAdidas turns to airfreight to mitigate supply chain shortages
Sportswear giant Adidas is turning to airfreight as it looks to mitigate supply chain shortages caused by an unexpected increase in demand for certain products.In its first-quarter results, the Germany-headquartered multinational said that revenue growth during the first three months of the year was affected by product shortages.It warned investors ...
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NewsHong Kong traders cautious on US-China trade dispute but unfazed by Brexit
Source: DHL Express Hong Kong and compiled by the Hong Kong Productivity CouncilHong Kong-based traders who use airfreight remain cautious due to the ongoing US-China trade dispute but are are optimistic that the situation will be resolved in the next quarter.That was one key highlight from the latest DHL Hong ...
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CEVA to be de-listed as CMA CGM is set to gain a 98% shareholding
The end of CEVA's short time on the Zurich Stock Exchange looks to have been confirmed after CMA CGM said it was now on course to hold a 97.89% stake in the forwarder.Following the announcement, the French shipping giant reconfirmed plans to de-list CEVA from the SIX Swiss Exchange. Settlement ...
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NewsECS becomes the first GSSA to join Tiaca board
Bertrand SchmollChairman of ECS Group Bertrand Schmoll has been elected to the board of Tiaca - the first time a GSSA has been represented.Bertrand Schmoll, who joined the ECS Group in 2000, was elected at a TIACA Board meeting in Singapore last month as part of ongoing plans to grow ...
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NewsTop ten supply chain risks in 2019
A new report has outlined the top ten developments (see end of article) that pose a risk to supply chains in 2019.The DHL First Resilience360 Risk Report, which is based on the insights of in-house analysts at the logistics giant, suggests that supply chain restructuring due to trade wars, material ...
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NewsAsian air cargo faces short-term turbulence
IATA World Cargo Symposium 2019The Asian air cargo industry faces turbulence over the coming months, with predictions of further demand declines.Speaking at the World Cargo Symposium, IATA chief economist Brian Pearce painted a bleak picture for air cargo in Asia over the next few months.He said the US-China trade war ...
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NewsAustralia needs dedicated airfreight body, says think tank
A think tank has called on the Australian government to set up a dedicated body to measure and publish detailed analysis of the country’s airfreight sector. The move follows the release of a report by executive member network Infrastructure Partnerships Australia (IPA) and BIS Oxford Economics, which indicates that belly ...
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No Deal Brexit will push logistics cost up between 5%-35%, warn shippers
Slipping to a No Deal Brexit, and reverting to complicated WTO rules and tariffs, would impose additional costs of between 5% and 35% on the UK's supply chain, warn representatives of the UK's leading logistics organisations.Shippers and hauliers as well as the industry's trade association FTA, which represents more than ...
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NewsAll the latest news from IATA's World Cargo Symposium 2019
As the global airfreight industry gathers in Singapore for IATA’s World Cargo Symposium 2019 (WCS19), the Air Cargo News editorial team of Damian Brett and Roger Hailey will be there to report from the must-attend event.Our refreshed, more user-friendly website, will have the latest news and analysis over the three ...
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NewsUK truckers set for temporary EU permit-free access in a no deal Brexit
Some relief for hauliers in EU contingency, says FTAUK hauliers may be able to maintain operations in the European Union (EU) without permits for certain services over a nine month period in the event of a no deal Brexit.A provisional agreement between the European Parliament and Member States to allow ...