Businesses Urged to Address Thirdparty Risks

Businesses Urged to Address Thirdparty Risks

Third-party risk management is crucial for business operations. Many organizations face challenges due to a 'one-off' approach to risk management, a narrow perception of risks, and superficial risk monitoring. Companies should establish a comprehensive, lifecycle-based risk management system, broaden their risk perspective, leverage technology, and strengthen internal communication and collaboration. By doing so, they can effectively address third-party risks and ensure sustainable development. This proactive approach helps mitigate potential disruptions and protect valuable assets.

01/28/2026 Logistics Industry Insights
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Maersk Enhances Asian Supply Chains with Seaair Strategy

Maersk Enhances Asian Supply Chains with Seaair Strategy

Facing global supply chain challenges, Maersk's Sea-Air solution offers a more flexible, efficient, and reliable transportation option for Asian businesses. By integrating sea and air freight resources, Maersk helps companies strike a balance between speed, cost, and reliability, navigating market uncertainties and ensuring smooth cargo transportation. This integrated approach provides enhanced visibility and control throughout the supply chain, allowing businesses to optimize their logistics operations and improve overall efficiency in the dynamic Asian market.

09/26/2025 Logistics Industry Insights
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US Trucking Industry Faces HOS Rule Changes Amid Safety Debate

US Trucking Industry Faces HOS Rule Changes Amid Safety Debate

The Federal Motor Carrier Safety Administration (FMCSA) is set to publish the final version of the Hours of Service (HOS) rules for truck drivers. Aiming to enhance safety while providing greater flexibility, the key revisions include modifications to the 30-minute break rule, the sleeper berth exception, the adverse driving conditions exception, and the short-haul exception. Whether the new rules strike a balance between safety, efficiency, and economic factors remains to be seen.

01/20/2026 Logistics
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US Port Labor Talks Resume Amid Automation Dispute

US Port Labor Talks Resume Amid Automation Dispute

The International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX) have resumed negotiations to avert a potential port strike on January 15th. Automation remains a central point of contention in the talks. Failure to reach an agreement could significantly disrupt global supply chains, impacting trade and potentially leading to economic consequences. The outcome of these labor negotiations is crucial for maintaining the stability and efficiency of port operations across the United States.

01/21/2026 Logistics
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Aidriven ERP Boosts Supply Chain Efficiency

Aidriven ERP Boosts Supply Chain Efficiency

AI is driving ERP systems to deeply expand into supply chain management. Through data analysis, process automation, and user experience optimization, AI empowers ERP to achieve intelligent demand forecasting, inventory optimization, and transportation management. Businesses need to strike a balance between ERP and specialized supply chain software based on their specific needs to create an efficient and intelligent supply chain. This integration fosters improved decision-making and streamlined operations within the supply chain ecosystem.

01/29/2026 Logistics Industry Insights
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Aviation Industry Adopts IATA Safety Course to Reduce Risks

Aviation Industry Adopts IATA Safety Course to Reduce Risks

The IATA Safety Risk Management course is crucial for enhancing airline operational safety. It covers safety management principles, risk management processes, hazard identification and analysis, risk assessment, safety assurance, and performance monitoring. Through interactive exercises and role-playing, participants will master risk management tools and improve their risk management capabilities. This course is suitable for airline operations managers, safety managers, and others. Upon completion, participants will receive IATA certification. This program equips professionals with the knowledge and skills necessary to proactively manage safety risks within their organizations.

01/20/2026 Logistics Encyclopedia
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Logistics Industry Faces Weak Demand Labor Unrest and Bankruptcies

Logistics Industry Faces Weak Demand Labor Unrest and Bankruptcies

The logistics industry faces challenges from weak demand and overcapacity. A potential UPS strike and Yellow's bankruptcy crisis add to the uncertainty. The report predicts truckload rates may bottom out, while the LTL market remains under pressure. Heavy-duty truck orders exceeded expectations, and the used truck market is cooling down. The industry outlook is unclear, with shippers currently holding the advantage. This complex situation necessitates careful planning and adaptation from all stakeholders to navigate the evolving landscape.

01/15/2026 Logistics Industry Insights
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East Coast Port Labor Talks Resume Over Automation Dispute

East Coast Port Labor Talks Resume Over Automation Dispute

The International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX) have resumed negotiations to avert a potential port strike. A key point of contention is the use of automated equipment, with the ILA fearing job losses for dockworkers. Failure to reach an agreement could cripple ports along the US East and Gulf Coasts, disrupting the supply chain. Both parties need to find a balance between improving efficiency and protecting workers' rights to maintain supply chain stability.

01/18/2026 Logistics
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Uninsured Cargo Risks Rise Amid US Maritime Shipping Boom

Uninsured Cargo Risks Rise Amid US Maritime Shipping Boom

Ninety percent of ocean-shipped goods to the US are uninsured, highlighting a weak risk awareness in the industry. Misunderstandings of CIF/FOB terms, wishful thinking, and cost considerations are major contributing factors. The rise of ultra-large container ships exacerbates risk concentration, and industry volatility adds further uncertainty. Companies should prioritize risk management, dispel myths surrounding marine insurance, and choose appropriate insurance plans to safeguard their cargo. Proactive risk mitigation is crucial in today's volatile global shipping environment.

01/29/2026 Logistics Industry Insights
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Fedex Pilot Contract Dispute Risks Delivery Delays

Fedex Pilot Contract Dispute Risks Delivery Delays

FedEx pilot contract negotiations have reached a standstill, raising the specter of a potential strike. This analysis explores the potential risks this impasse poses to FedEx, advocating for a people-centric approach. It urges FedEx to listen to its pilots, offer competitive compensation packages, rebuild trust, and return to its core values. By addressing pilot concerns and fostering a collaborative environment, FedEx can safeguard its reputation for reliability and maintain its commitment to on-time delivery, ultimately preserving its 'on-time delivery' reputation.

11/03/2025 Logistics Industry Insights
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