News Articles
Maersk has entered into a long-term agreement for the procurement of methanol.
A.P. Moller - Maersk has signed a long-term bio-methanol offtake agreement with LONGi Green Energy, aimed at reducing greenhouse gas emissions from its dual-fuel methanol container fleet. This partner
Read MoreAPM Terminals Maasvlakte II gears up for digital growth.
APM Terminals Maasvlakte II has ordered a significant Automated Horizontal Transport System from Konecranes, including up to 71 Lift Automated Guided Vehicles (AGVs) and a third battery exchange stati
Read MoreFive frequent communication problems.
The latest Procurement Pulse highlights the critical role of communication in enhancing supplier experiences, as revealed by HICX's Voice of the Supplier Survey 2024, which found that 59% of suppliers
Read MoreAccording to ISM, manufacturing experienced another decline in October.
Manufacturing activity continued to decline in October, marking the seventh consecutive month of contraction, with the PMI falling to 46.5—its lowest level in 2024. Only five sectors saw growth, while
Read MoreIATA reports that air cargo demand increased by 9.4% in September, while capacity rose by 6.4%.
In September 2024, global air cargo demand, measured in cargo tonne-kilometres, rose by 9.4% year-on-year, marking 14 months of consistent growth, driven by a 10.5% increase in international operation
Read MoreLufthansa Cargo expands its Frankfurt-Chennai route.
Lufthansa Cargo has enhanced its presence in the Indian air cargo market by introducing two weekly B777 freighter flights between Chennai and Frankfurt, starting this winter. This decision responds to
Read MoreWing, Matternet, and DroneUp enhance their drone delivery capabilities.
October has seen significant developments in the drone delivery sector, with companies like Wing, Matternet, and DroneUp making strides to integrate drones into last-mile logistics. Wing expanded its
Read MoreMercedes-Benz aims for sustainability by establishing a new battery recycling facility.
Mercedes-Benz has launched a battery recycling plant in Kuppenheim, Germany, aimed at producing over 50,000 new battery modules annually. Funded by Germany's Federal Ministry for Economic Affairs as p
Read MoreStarbucks increases its investments in the supply chain to enhance climate resilience.
Starbucks is investing in two innovation farms in Central America to safeguard its coffee supply against climate change, focusing on hybrid coffee varieties and the use of automation technologies. The
Read MoreThe implementation of AI is causing a significant and overwhelming rise in cloud expenses.
AI adoption is significantly increasing cloud costs for enterprises, with an average rise of 30% in the past year, primarily driven by spending on AI applications. A report by Tangoe highlights that n
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