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Global Logistics: Page 34

Nearshoring Not So Easy After All

The approach has brought new costs and logistics hurdles for supply chains that are adding a new twist to globalization.

Photo: iStock / natatravel

Global Supply Chains Are Operating More Efficiently, Report Finds

The report also found that global transportation costs have fallen below their long-term average thanks to lessening pressures on shipping, rail, air and road freight.

Photo: iStock.com/Nuthawut Somsuk

IFC and Cambodia to Create Logistics Complex in Sihanoukville Province

The International Finance Corporation and the Cambodian government will extend an offer to a select qualified private developer that will finance, develop and operate the complex.

The Cambodian Royal Palace, in Chey Chumneas, Phnom Penh, surrounded by busy roads and streets. Photo: iStock.com/Nalidsa Sukprasert

French Tycoons Enter Talks for $5.5bn Logistics Deal

Rodolphe Saade, the French billionaire at the helm of shipping giant CMA CGM SA, has made an unsolicited $5.5 billion offer to buy Bollore SE’s logistics arm.

Rodolphe Saade. Photo: Bloomberg

Half of Suppliers are Being Paid Late, Survey Finds

Late payments also add to the financial pressures impacting suppliers, with 42% saying they expect to face increased borrowing costs over the next 12 months.

Photo: iStock.com/IPGGutenbergUKLtd

FedEx Pilots to Hold Strike Authorization Vote

The Authorization would allow workers to withdraw their services from the company when permitted by the National Mediation Board.

Photo: iStock.com/Sundry Photography

China Warns Russia Sanctions Endanger Global Supply Chains

The United States Commerce Department added five Chinese companies that deal with Russia to its “entity list” April 12.

Photo: iStock.com/Rutmer Visser

Reshoring Trend Has Companies 'Scrambling' for Facilities in the U.S. and Mexico

Kearney’s “10th Annual Reshoring Index Report” showed 96% of CEOs are considering reshoring operations, have decided to reshore operations, or have already reshored operations in 2023.

The word 'RESHORING' is written on a typewriter. Photo: iStock.com/pedrosala

G7 Financial Leaders Seek to Diversify Supply Chains

While the G7 statement was not specifically directed at China, the group believes a high concentration of supply chains in any single country is undesirable.

Flags of all members of the G7 Group, 3D rendering. Photo: iStock.com/AlexLMX

Report: 60% of Businesses Experienced Significant 2022 Revenue Losses Due to Supply Chain Issues

A report from Anvyl found 60% of small and mid-sized businesses reported losses of up to 15% or more in revenue due to supply chain delays.

Photo: iStock.com/marchmeena29

Locher Evers International Acquired by EFL Global

The deal will allow EFL Global to expand its reach within the Canadian market while strengthening the company’s ability to provide customers with end-to-end logistics solutions.

Most Supply Chains Are Not Ready for Due Diligence Compliance

Simply dumping a non-compliant supplier is probably the most disruptive option, and also in many ways the least good one. Better, in most cases, to deepen the relationship and offer genuine solutions.

Strasbourg, France - July 11, 2015: Uyghur human rights activists participate in a demonstration to protest against Chinese government's policy in Uyghur. Photo: iStock.com/AdrianHancu

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