The Deputy Prime Minister said the country will continue its voluntary cut of 300,000 barrels per day of crude oil and petroleum products until the end of December 2023.

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 Port of Colombo has been operating near its capacity since 2021, meaning the new terminal will enable the continued growth of economies located in the Bay of Bengal.

Sheep prices have slumped, with older animals fetching an average of just $22 in October 2023 and some reports of animals selling for less than a dollar a head.

Omni-channel, demand-driven fulfillment using AI and automatic decision-making technologies will give retailers the edge they need to succeed in a very competitive landscape. 

Those interviewed said they expect a rebound during the second half of 2024 with half of the participants saying they believe freight volumes will increase by 5% during that period.

Channel Collaboration is the partner portal for Channel Data Management (CDM), offering users real-time data collection services including inventory, point of sale and end-customer price points.

UAW 551, the local union that held a vote on the contract, said that 57% of the ballots cast by its members were in favor of the deal.

We congratulate all of the finalists in this year’s SCIA competition, who reflect the quantity, quality and scope of innovations that are being devised by supply chain leaders everywhere.

The glut of vessels racing to the U.S. Gulf even includes ships heading to the region on a speculative basis without any cargo booking, an industry practice known as ballasting.