News Articles
Electrolux hires a new chief procurement officer.
Electrolux Group has appointed Michelle Shi-Verdaasdonk as its new chief procurement officer, effective December 9. In this role, she will manage the procurement strategy for materials, logistics, and
Read MoreThe twofold argument for the use of reusable transport packaging in supply chains.
Reusable transport packaging systems are increasingly recognized for their role in enhancing corporate sustainability and compliance with evolving regulations. Industry experts emphasize the importanc
Read MoreFerrero is putting money into sourcing hazelnuts as it increases its production in the United States.
Ferrero Hazelnut Company has invested $340,000 to enhance hazelnut production in the U.S., with Oregon State University receiving $180,000 and Rutgers University $160,000. These grants aim to support
Read MoreAccording to an economist from the Peterson Institute for International Economics (PIIE), supply chains exclusive to the United States are expected to develop during Trump's presidency.
As the threat of tariffs looms, companies are rethinking their supply chains, particularly for exports to the U.S., according to Mary Lovely from the Peterson Institute. This shift involves reducing r
Read MoreThird-party logistics providers increase leasing activity due to a rising interest in outsourcing.
Third-party logistics providers (3PLs) have significantly increased their warehouse leasing activities in 2024, responding to a rising demand for space. By Q3 2024, they secured 498 bulk leases, marki
Read MoreVienna Airport experienced a 45% rise in belly cargo from January to September.
Vienna Airport handled 216,360 tonnes of cargo from January to September, marking a 20% increase from the previous year. Growth was seen in both flown and trucked air freight, with belly cargo on pass
Read MoreKerry Logistics has named Wong Siew Loong as its Chief Commercial Officer.
Kerry Logistics Network (KLN) has appointed Wong Siew Loong as the Chief Commercial Officer and Managing Director for South East Asia. With over 25 years in the logistics industry, Loong previously se
Read MoreCathay cargo experienced a 14% increase in October due to strong demand for Expert and Priority services.
In October 2024, Cathay Pacific transported 142,323 tonnes of cargo, marking a 14% increase from the previous year. The cargo revenue tonne kilometres grew by 10%, while the cargo load factor rose to
Read MoreInterview: Bindiya Vakil, CEO of Resilinc
In a recent interview, Bindiya Vakil, CEO of Resilinc, discussed the implications of potential tariff increases under the incoming Trump administration with Jeff Berman from Logistics Management. Vaki
Read MoreThe October report for POLA and POLB indicates that they achieved record-high volumes this month.
In October, the Port of Los Angeles (POLA) and the Port of Long Beach (POLB) achieved record-breaking cargo volumes. POLA processed 905,026 TEU, a 25% year-over-year increase, marking a historic four
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