Tech Investments Boost Supply Chains Amid Global Trade Strains

Tech Investments Boost Supply Chains Amid Global Trade Strains

Descartes Systems Group research reveals that 74% of supply chain leaders see technology as crucial for growth amidst global trade challenges, with a higher percentage (88%) among high-growth companies. Global trade intelligence technology is considered the most valuable tool for the next two years, followed by global trade analytics and supply chain mapping. Businesses need to embrace technology, strengthen data analysis, and enhance collaboration to address challenges and achieve sustainable growth. This highlights the increasing importance of technology in navigating the complexities of modern global supply chains.

Freight Forwarders Adopt Multicurrency Tools Amid Volatility

Freight Forwarders Adopt Multicurrency Tools Amid Volatility

Facing the erosion of freight forwarding companies' profits due to exchange rate fluctuations, intelligent multi-currency management has become a necessity. By building a real-time exchange rate hub, automated allocation engine, and transparent profit and loss analysis system, companies can effectively manage risks, improve efficiency, and achieve refined operations and profit growth. Embracing intelligence is key for freight forwarding companies to break through in a complex market environment. This approach allows for better control over financial exposure and ultimately contributes to a more sustainable and profitable business model.

Freight Market Faces Challenges Amid Opportunities Bloomberg

Freight Market Faces Challenges Amid Opportunities Bloomberg

Bloomberg Intelligence analyst Lee Klaskow delves into the freight logistics market in a podcast, analyzing the impact of the current economic climate, peak season challenges, the shift towards a service-based economy, and railway labor issues. He offers strategic advice for businesses to navigate these challenges and capitalize on opportunities. His insights cover crucial aspects such as demand, supply, and pricing trends, aiming to help companies gain a competitive edge in the market. This analysis provides valuable guidance for stakeholders seeking to understand and thrive in the evolving freight logistics landscape.

West Africa Enhances Customs Risk Management During Pandemic

West Africa Enhances Customs Risk Management During Pandemic

Supported by the WCO/JICA joint project, West African Customs administrations continued to enhance their risk management and intelligence analysis capabilities during the pandemic through online training. The MTP project, involving six countries including Benin, aims to cultivate a team of experts proficient in these skills and has made significant progress. By adopting innovative training methods, the project overcame the challenges posed by the pandemic and injected new momentum into customs capacity building in West Africa. The online format allowed for continued learning and development despite travel restrictions and social distancing measures.

ASCM CEO Highlights 2025 Supply Chain Resilience Trends

ASCM CEO Highlights 2025 Supply Chain Resilience Trends

This article delves into the key trends shaping the future of supply chains, including nearshoring, the impact of tariffs and trade policies, artificial intelligence applications, big data value extraction, talent development, and sustainability. Drawing on insights from ASCM CEO Abe Eshkenazi, it provides strategic guidance for businesses navigating supply chain transformations. The aim is to help companies enhance their competitiveness and resilience in an uncertain environment by understanding and adapting to these evolving dynamics. This analysis provides valuable insights for businesses seeking to optimize their supply chain strategies.

Global Orthopedic Prosthetics Market Expands Amid Aging Demographics

Global Orthopedic Prosthetics Market Expands Amid Aging Demographics

This article provides an in-depth analysis of the global orthopedic prosthetics market from 2026 to 2035, focusing on growth drivers, competitive landscape, and future trends. Orthopedic prosthetics offer hope to patients by improving mobility and quality of life. Key competitive factors include material innovation, biomechanical optimization, digital integration, and scalable customization. The market is projected to continue growing, with technological advancements driving prosthetics towards greater intelligence and personalization. Future innovations will focus on enhanced functionality and user experience, creating a more seamless integration with the human body.

Penske Launches AI Fleet Management Tool Catalyst

Penske Launches AI Fleet Management Tool Catalyst

Penske introduces Catalyst AI™, an AI platform designed to empower fleet management. This platform delivers granular insights and comparative capabilities, enhancing fleet resilience. Catalyst AI™ leverages artificial intelligence and data analytics to provide actionable intelligence, enabling fleet managers to optimize operations, reduce costs, and improve overall performance. By offering a comprehensive view of fleet data, Catalyst AI™ helps businesses make informed decisions and proactively address potential issues, ultimately leading to a more robust and efficient fleet.

ASOS Adopts Celonis to Optimize Fashion Supply Chain

ASOS Adopts Celonis to Optimize Fashion Supply Chain

ASOS integrated the Celonis process intelligence platform to build a connected, end-to-end supply chain. This aims to improve order fulfillment efficiency and customer experience through real-time visibility, process optimization, and data-driven decision-making. This reflects the ongoing digital transformation in the retail industry, where supply chain visibility is becoming a key competitive advantage. The article also explores supply chain optimization strategies for SMEs and the application of artificial intelligence in supply chain management.

01/07/2026 Logistics
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WCO Supports Timorleste in Developing Advanced Trade System

WCO Supports Timorleste in Developing Advanced Trade System

The World Customs Organization (WCO) continuously provides capacity building support to Timor-Leste Customs, focusing on the design and implementation of valuation training programs, as well as enhancements in risk management and intelligence. In cooperation with the Norwegian Agency for Development Cooperation (NORAD), the WCO completed the valuation training module, improved risk management capabilities, and introduced the concept of the 'intelligence cycle'. This assistance supports the modernization of Timor-Leste Customs and contributes to its economic development.

Price War in The Express Delivery Industry In-depth Analysis of Jitu's Market Disruption

Price War in The Express Delivery Industry In-depth Analysis of Jitu's Market Disruption

The entry of STO Express has triggered a price war in the express industry, putting existing players in a dilemma. Although express companies are responding to competition through capital investment and cost leadership strategies, the rapid market growth and the impact of new entrants make it difficult for traditional business models to endure. In the future, service differentiation will be a key direction for the express industry to return to reasonable profits.

07/23/2025 Logistics
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