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

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.

Taking these precautions beforehand, and working with trusted logistics partners, can help your organization maintain the streamlined operations it needs to succeed. 

Companies must leverage historical industry expertise as they look to incorporate cutting-edge technologies like IoT and AI to optimize manufacturing processes and adapt their organizations to future ways of working.

If an organization fails to perform a greenfield analysis before establishing a new facility, it may encounter challenges and risks that can have significant negative consequences.