While the impact of the Israel-Hamas war has been contained so far, markets have been wary that the fighting will draw in other nations in the region, particularly Iran.
Nineteen percent of responders said that they believe shifting production away from China would help supply chains while another 27% said this change could maybe alleviate supply issues.
LTL tonnage and shipment count are expected to maintain reduced overall levels through the end of 2023 and into 2024 following the shutdown of Yellow Corp.
The companies said that the feature will accelerate the decarbonization of air freight by allowing customers to purchase certificates that can be applied as direct reductions against Scope 3 emissions.
Simpson beat out Tori Blake (chief financial officer and co-owner of Western Logistics Express and WLX) and Megan Ferguson (vice president of End-to-End Delivery Acceleration for Walmart) for the award.
The latest news, analysis, services and systems regarding global logistics and freight and their impact on global supply chains. Today’s companies are transporting and delivering perishables and manufactured goods faster and farther around the world than ever before through global logistics solutions. New technologies that provide information during global shipments are transforming the way companies do business - and allowing them to stay ahead of the competition in their industries. As transportation and distribution services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using global logistics solutions to power their supply chains.
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