Expect to see users of cotton seeking to improve the visibility of their multi-tier supply chains to avoid regulatory fines, protect themselves from reputational damage, and understand their risk exposure.

An understanding of ESG risk will become essential in light of investor and consumer demands, the financial impact of regulatory penalties, and carbon taxes

As software bills of materials analysis yields business-relevant risk information, customers will use it to make more informed decisions about what to buy and how to price risk transfers.

This year, e-commerce is still expected to be a major driver of increased air cargo demand.

Successful strategies will use a combination of high-quality primary data — like that of the SmartWay program — and other global frameworks to meet freight efficiency goals and reporting requirements.

In light of the shifting CBSA regulatory landscape, businesses in 2024 should be focused on optimizing their Customs operations to protect profit margins.

As trade compliance regulations become more complex and nuanced, this is a pivotal moment for global organizations to build a more holistic framework of compliance risk mitigation.

Given the starring role that the delivery experience plays in customer satisfaction and brand loyalty, retailers must be prepared in 2024.

Shippers and logistics companies must become more agile to meet customer expectations, close the “black holes” of visibility in transportation networks and reduce risk. 

As many organizations struggle to achieve full value realization, the importance placed on trust in the user-AI relationship continues to grow.