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Amidst the challenges posed by the ongoing pandemic, the aviation industry has been grappling with fluctuations in demand and supply. However, the June 2023 data brings a breath of fresh air, as the contraction in demand has significantly reduced. In a significant development for the aviation industry, the International Air Transport Association (IATA) has […]
As the world grapples with the aftermath of the pandemic, the air cargo industry is experiencing a bumpy ride. The month of May has brought heightened tensions as the nervous air cargo market suffers its lowest rates since March 2020. In this article, we delve into the reasons behind this downturn and explore potential strategies […]
In recent times, freight and logistics firms in Ireland have been grappling with a significant challenge—the steep rise in costs. The ongoing crisis has put immense pressure on the industry, impacting various aspects of operations. In this article, we will explore the reasons behind the escalating costs faced by freight and logistics companies in […]
The Windsor Agreement marks a significant milestone in the ongoing Northern Ireland Protocol negotiations. A New Era of Stability and Cooperation. As a crucial component of the Brexit deal, the Protocol aimed to address the complexities of the Irish border. With the introduction of the Northern Ireland Protocol 2.0, a new era of stability […]
The European Union has taken a major step forward in the digitalization of its tax system with the announcement that all excise duty transactions in the EU have become fully electronic as of 13 February. This move is part of the EU’s ongoing efforts to modernize and streamline its tax systems, and it is expected […]
Growth is great, but sometimes it can create new challenges for your business, including your company’s labeling process. In order to ensure your company’s growth trajectory remains unhindered by any labeling issues, we have outlined three top-notch labeling practices. These practices will help you establish a strong foundation for labeling success and pave the […]
There are opportunities for supply chain professionals to thrive during this time of evolution, optimism, and innovation, and the emphasis will shift to greater decision-making and progress towards sustainability. What key trends and forces will shape supply chains in 2023? Continuing on from our previous article, here is the second part of the list. 5 – Tools […]
There are opportunities for supply chain professionals to thrive during this time of evolution, optimism, and innovation, and the emphasis will shift to greater decision-making and progress towards sustainability. What key trends and forces will shape supply chains in 2023? 1- Every stage of the planning process will take sustainability into account The […]
The carrier’s executives continue to hope for the supply/demand equation to balance as inventory slowly rebuilds. Due to equipment and driver shortages, fleet growth remains limited. Is this recurring news a sign that things are getting back to normal? After three years of being whipsawed by COVID-affected demand levels, the $332 billion full-truckload (TL) […]
Despite highly challenging macroeconomic conditions, supply chain and procurement professionals are responsible for managing their organizations’ value chains. Today’s global economy is facing significant challenges, which is an understatement. Consumer and producer price index inflation indices should be closely monitored. What can retailers and manufacturers do to mitigate the increased prices at which products need […]
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