More than half of respondents (53%) said they expect to improve their demand forecast accuracy through the use of "digital twin of the customer" initiatives.
The latest ruling by the South Asian nation, which has already imposed restrictions on wheat and sugar exports, would affect about 25% of total rice shipments from India.
If Germany approves the expansion plans, Tesla’s gigafactory will be able to increase its battery storage capacity to 100 gigawatt hours per year from 50 gigawatt hours currently.
Almost all logistics organizations will either increase or maintain their current levels of investment in new IT systems and technologies over the next 12 months.
As inflation lingers, the tough times for the freight industry are likely to continue. But shippers and carriers have the power to combat rising costs.