Transportation prices surged to a two-year high in December, according to the Logistics Managers’ Index (LMI).
The index rose to 66.8, up 3 percentage points from November, marking the highest growth rate since April 2022. Strong consumer demand and record e-commerce deliveries were key factors driving the increase.
A historic winter storm in the US has caused significant disruptions, impacting logistics and supply chains. Over 1,000 flights have been grounded, and 3,000 delayed, severely affecting passenger travel and air cargo at major Midwest hubs like St. Louis Lambert International Airport. Trucks and employees are immobilized, causing delays in time-sensitive goods and just-in-time inventory…
Institutional investments in Indian real estate reached USD 6.5 billion in 2024, a 22% year-on-year growth and the highest in five years, driven by strong domestic demand and international interest. The industrial and warehousing sector led with USD 2.5 billion, a 190% increase from 2023, accounting for 39% of total inflows, surpassing the office segment…
The Logistics Division of the Ministry of Commerce has urged States and Union Territories (UTs) to develop state-specific logistics policies to drive economic growth and enhance India’s global competitiveness.
A recent report emphasized addressing regional challenges through tailored policies with clear implementation timelines….
Explore January 2025’s top opportunities in supply chain and logistics. Roles like Warehouse Executive, Assistant Manager – RTR, and Accounts Manager promise dynamic career paths and growth.
Supply chain analytics is defined as the activities and tools applied by companies to identify important insights regarding the large amount of data generated during procurement, manufacturing and logistics of products.
The Internet of Things (IoT) is a system of connected devices that are capable of exchanging information over the Internet. Such devices as sensors, RFID tags, and other gadgets are intended for data gathering and transmitting making systems wiser and more effective.
Green Supply Chain Management (GSCM) can be described as the incorporation of green supply chain principles into the conventional supply chain management processes of sourcing, manufacturing, packaging, distribution, and disposal.
E-commerce logistics refers to the flow of goods from where they are produced to the doorstep of the customer in any e-commerce business. It comprises of stock, movement, storage, and delivery of products.
As businesses continue to expand globally, the need for efficient cross-border logistics has never been more crucial. But what exactly is cross-border logistics, and why is it important for companies operating in international markets?
The global supply chain management (SCM) market has been on a strong growth trajectory, valued at $28.60 billion in 2023 and expected to reach an impressive $81.93 billion by 2033
LNG (Liquefied Natural Gas) trucks are known for offering better mileage and lower emissions. But, the adoption of LNG trucks is still limited due to high initial costs and a lack of widespread fueling infrastructure in India. Several efforts are being made to set up LNG corridors along major highways, but the pace is slow.