Global Economy

Order volumes grew for 79% of third-party logistics (3PL) providers in 2021, but that growth was tempered by inventory availability and disruptions that cost the U.S. economy $228 billion, says …

Supply chain finance programs can successfully keep the cash flowing, enabling companies to cut debt and boost profitability. The adage “cash is king” remains as true as ever. Profitable companies …

Readers look back at a volatile 2020 and 2021 and summarize the supply chain lessons learned. The fragility or brittleness of a global marketplace so deeply dependent on just-in-time inventory. …

The world’s top association of ship certifiers has withdrawn membership from the Russia Maritime Register of Shipping (RS) due to the impact of sanctions on Moscow after its invasion of …

Air cargo supply chain companies are ramping up their focus on sustainability but there is a “long way to go” as resources remain scarce, according to TIACA’s latest sustainability survey. …

Freight forwarders are warning of higher supply chain costs as the impact of the invasion of Ukraine disrupts transportation operations. The forwarding sector said the airspace restrictions imposed by Russia, …

After nearly two years of pandemic-related disruptions wreaking havoc, business leaders are learning from the past and looking to the future of supply chain management. Companies across industries are attempting …

The global air cargo market continued catching up with pre-pandemic levels in February as freight volumes, capacity and load factors stabilised close to 2019’s performance, with rates also slowly trending …

The closure of the Turkish straits to all warships has drawn attention to the maritime dimension of Russia’s invasion of Ukraine. From a tactical and operational perspective, Russian naval forces have already …