Despite the continued buzz around the potential for blockchain technology to enhance data security in the supply chain, the airfreight industry has seen a slow start to creating tangible application. But last week, Chinese e-commerce giant Alibaba put its word into action by premiering its own blockchain-encrypted platform, the Food Trust Framework.
Investor interest in building and acquiring warehouses in the age of Amazon.com Inc. is overheating, and there might be more distribution centers created than there will be tenants to fill them, billionaire Sam Zell said.
At its high-tech laboratories in the Chinese manufacturing hub of Shenzhen, Beike Biotechnology is developing medical robots that could help treat cancer. It has big plans to export these to markets like the United States.
Anheuser-Busch, which ordered 40 electric semi trucks from Tesla last December, on Thursday upped its bet on a green fleet by placing a substantially larger order with a competitor.
SunPower is the nation’s No. 2 commercial solar-power company, employing thousands of workers directly and indirectly. But it makes most of its solar panels abroad, and with the tariffs recently imposed by President Trump costing it as much as $2m a week, SunPower is fighting for an exemption.
Africa needs to take advantage of the economic potential of its ports if it is to realize its growth ambitions, and investment is not always about building new ports or terminals. That's one of the key findings in a recent analysis of port development in sub-Saharan Africa issued by PwC.
DP World and Los Angeles-based Virgin Hyperloop One this week launched their partnership, DP World Cargospeed — a venture intended to spearhead the development of hyperloop technology in the Middle East for the transportation of cargo.
In 2013, Michael Dell shocked the world by taking his namesake computer company private in the largest leveraged buyout since the Great Depression. He shocked it again in 2015 when he announced that the Texas company would merge with Massachusetts’ EMC, another tech industry stalwart, in one of the biggest deals in business, worth $67.7bn.
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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