As U.S. President-elect Donald Trump prepares to take office again in 2025, his promise to introduce new tariffs sends ripples through global markets. Businesses across the world, including those in Africa, are bracing for what could be another wave of disruption to international trade. While the specifics of the tariffs remain unclear, supply chain stakeholders…
The manufacturing sector faces the highest risk from cyber threats. According to the latest Cyber Roundup Report, supply chain cyber-attacks have surged by 431% since 2021, highlighting the growing risks linked to interconnected businesses. Cowbell, an insurance provider for SMEs and middle-market companies, publishes the report. It draws on a comprehensive three-year dataset from over…
US retail giant aims to attract customers from Amazon and boost Walmart subscriptions this holiday season. Walmart plans to offer new financial incentives to independent delivery drivers to enhance its holiday season logistics. The retailer revealed to Reuters that these bonuses encourage drivers to collect orders directly from U.S. stores and deliver them to customers….
The carrier now serves domestic networks in US, Europe, the Middle East, Africa (EMEA), and Asia. E-commerce giant Amazon has officially entered the for-hire air cargo market, offering space on its extensive fleet of cargo jets to freight forwarders and businesses. This expansion goes beyond Amazon’s parcel delivery service and is positioned to compete with…
The decision was driven by the need to establish a secure network for air travel safety and regulatory compliance. The International Air Transport Association (IATA) has launched IATA Connect with an initial focus on the IATA Operational Safety Audit (IOSA). IATA Connect community members will be able to access and use the platform to securely exchange safety…
Gartner’s 2024 Global Supply Chain Top 25 report reveals industry leaders maintaining dominance. Schneider Electric, Cisco Systems, and Colgate-Palmolive claim the top spots. New entrants like NVIDIA and Nike join the ranks, while Tesla and others fall off. Top performers excel in growth protection, sustainability, and ESG…
XPO introduces Connect Europe, a new platform streamlining shipment management across 25 European countries. The service handles single pallets to full loads, providing a single point of contact for cross-border logistics. Leveraging XPO’s extensive network, Connect Europe simplifies global freight shipping while prioritizing…
American shipping giant FedEx has announced a rate increase across its delivery services, effective January 2025. This adjustment will affect both U.S. and international shippers, including those in Africa. The increase is driven by rising operational costs, inflation, and fuel prices. Rates for FedEx Express…
Boeing faces major production delays as 33,000 skilled workers strike for better pay and benefits. The strike, the first in 16 years, has halted production of popular models like the 737 MAX, 777, and 767 cargo planes. Workers rejected a 25% pay increase over four years, demanding 40% instead. The prolonged strike could…
The global manufacturing industry is expected to grow by 0.6% in 2024. According to a report with significant differences in growth across various regions, the outlook excludes China, with a projected decline of 0.9%. The growth forecast for China’s manufacturing output is 2.3% for 2024. Germany’s manufacturing sector will continue to struggle while South Korea,…
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