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Global Logistics: Page 35

South Korea to Strengthen Supply Chain Cooperation with India

President Joe Biden’s administration has been seeking help from allies including South Korea in reducing the global supply chain’s dependence on China.

Port of Busan, South Korea. Photo: Bloomberg

GSCPI Shows Supply Chains Getting Back to Normal

The bank says the research shows global supply chain pressures decreased again in March, falling from .28 to 1.06 standard deviations below the index’s historical average.

Photo: iStock.com/ake1150sb

Warning Post-Brexit Border Checks Could Deter EU Imports

The U.K. Cabinet Office said the new regime was a "huge step forward for the safety, security and efficiency of our borders." But the Cold Chain Federation, which represents chilled food traders, said it will hamper trade.

Photo: iStock.com/Tanaonte

Uniqlo Parent to Audit Working Conditions at Third-Tier Suppliers

Fast Retailing had originally performed compliance checks only on plants operated by primary and secondary suppliers. Now, Uniqlo will handle compliance checks for third-tier cotton spinning mills.

Uniqlo Retail Store Bloomberg

Drug-Resistant Bacteria Tied to Products Imported from India

The FDA has long been criticized for lapses in inspections of overseas manufacturing in China and India, which are the two major producers of drugs and raw ingredients for medicines.

Photo: iStock.com/wildpixel

How Starlink's Innovative Mesh Network Principles Can Revolutionize the Logistics Industry

Mesh networks can handle fluctuations in supply and demand, optimize routes, and create transparency and accountability in the supply chain, increasing efficiency, reducing costs, and improving customer satisfaction.

Photo: iStock.com/KanawatTH

Russia and India Discuss Northern Sea Shipping Route

Russia wants the route to become a major shipping lane and has invested heavily in infrastructure there.

A Russian Icebreaker on the water in Arctic Ocean toward to the North Pole. Photo: iStock.com/Sergey Zemnuhov

China Spent $240bn on Belt and Road Bailouts From 2008 To 2021, Study Finds

The share of Beijing’s overseas lending directed to borrowers in financial distress increased from 5% in 2010 to 60% in 2022, according to the study.

Image: iStock.com/MicrovOne

The Race is on to Lure Manufacturers From China

Governments are pulling out the stops to welcome the businesses, as they seek to turbocharge economic development and create millions of new jobs.

Brick Factory at Kampong Chhnang, Cambodia. Photo: iStock.com/Goddard_Photography

Freight Rebound Hopes are Fading Because of Retailer Caution

Big shippers including Nike, Target and Kohl’s remain guarded in ordering from suppliers as they continue to dig out from a glut of inventory.

Photo: iStock.com/thitivong

Companies Are Balking at Spending for Green Freight Transport

Carriers say they are facing resistance to the growing array of sustainable transport operations they are bringing to markets.

Photo: iStock / audioundwerbung

Fast-Fashion Giant Shein Faces Probe Over Tarriff-Avoiding Practices

South African groups say Shein deliberately sends its goods in small packages of lesser value to reduce import duties aimed at protecting local businesses.

Photo: iStock.com/asiandelight

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