Near-shoring operations shouldn't be done lightly, but only after looking internally at business goals and externally at the market to make an informed decision.

BiMCO forecasts the capacity of ship deliveries is expected to reach 2.3 million TEUs in 2023 and 2.7 million TEUs in 2024.

This comes as part of the UAE’s government experience exchange program, which was launched in 2018 and has led to partnerships with over 30 countries.

The leader of the Organization of Petroleum Exporting Countries will continue its production cutback of 1 million barrels a day until December 2023.

Companies are always going to face the unexpected and unpredictable. The hard part is knowing how to prepare for these supply chain trends strategically.

The government should develop new water interconnections and transfers between basins and invest in expanding and modernizing water storage as well as irrigation infrastructure, Fiab said in the statement.

Nvidia said that the restrictions affected its A100 and H100 chips, which are used to improve machine-learning tasks on artificial intelligence applications like ChatGPT.

Brazil reached the end of its season in June with 84,745 metric tons of juice in storage, a 41% drop compared to 2022.

While they still have some operating leverage, shippers should start preparing for the market turn.

The agreement will involve five vessels of 6,700 TEUs each, with MSC managing three of the ships.