Established U.S. logistics firms say digital-friendly freight startups that are drawing growing interest in Silicon Valley still lack the scale and customer relationships to threaten their share of the market.
For every dollar consumers spend on food, only 7.8 cents goes to farmers — a record low that reflects shifts in how Americans eat, according to the Department of Agriculture.
Fashion Revolution Week came to the end of a noise-making celebration of five years since its launch late last month. This year, over 100 countries took part with events calling for a more transparent and ethical fashion industry, it was covered by many major fashion titles, and social media was abuzz with conscious fashion consumers putting their favorite brands to the test over their supply chains.
Aerospace suppliers are starting to explore blockchain technology to keep tabs on their supply chain, potentially tracking parts such as that at the center of a Southwest Airlines accident last month.
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.
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.