Logistics | SupplyChainBrain

Logistics: Page 207

South Korea Pledging More Financial, R&D Support for Shipbuilding

As part of the country’s three-pronged plan, the amount of government support issued for ship construction will increase from $91 million to $300 million.

Busan Shipbuilding & Offshore Co., Ltd. shipyard on Geoje island in the Harbor of Busan, South Korea. Photo: iStock.com/IgorSPb

FedEx Raising Customs Fees and Shipping Rates

FedEx shipping rates are expected to grow by an average of 5.9% for U.S. domestic, export and import services.

Oshkosh, WI, USA - July 30, 2014 FedEx Express Airbus A300-600F airplane on the ramp at the Oshkosh Airport from Madison. Photo: iStock.com/vandervliet93

U.S. Now Restricting Nvidia A.I. Chip Exports to the Middle East

Nvidia said that the restrictions affected its A100 and H100 chips, which are used to improve machine-learning tasks on artificial intelligence applications like ChatGPT.

Photo: iStock.com/Antonio Bordunovi

Hapag-Lloyd Left Out of Second Round of Bidding for HMM

Hapag-Lloyd, the only foreign company involved in HMM's bidding, was ruled out of the privatization process by creditor banks Korea Development Bank and Korea Ocean Business Co.

Photo: iStock.com/eyewave

HD KSOE Delivers LNG Tanker with an AI Engineer

The AI engineer is equipped with two engine automation systems that operate in real-time to diagnose the condition of important ship equipment and detect potential emergencies.

Photo: iStock.com/ricardoreitmeyer

Bottoming Out: Freight Rate Rebound Poses Risk for Shippers

While they still have some operating leverage, shippers should start preparing for the market turn.

Photo: iStock.com/monticelllo

MSC Signs Second Vessel-Sharing Agreement with ZIM

The agreement will involve five vessels of 6,700 TEUs each, with MSC managing three of the ships.

Stade, Germany. Photo: iStock.com/eyewave

Over 40% of Safety Professionals in the Transportation Sector Are Now Women

Almost 30% of the companies that participated in the study (29.1%) said that 20% to 49% of their safety positions were held by women in 2023.

Photo: iStock.com/Smederevac

Watch: How Can Delivery Drivers Thrive While Remaining Independent?

Peter Schlactus, co-founder and executive director of the Association for Delivery Drivers, explains how independent delivery drivers can retain their status, yet still have access to critical services such as training, certification and insurance.

Peter Schlactus

Sugar Heads Toward Two-Month High on Concern Over Indian Exports

India has recently ramped up restrictions on rice exports as the nation tackles rising food costs before an election in 2024, prompting speculation about which commodity might be next.

Johor, Malaysia. Photo: Bloomberg

The Ripple Effect of Yellow’s Demise on the Supply Chain Industry

The financial collapse of Yellow, the third-largest less-than-truckload carrier in the U.S., will incur some challenges in the transportation world that people might not have considered.

Palm Springs, California. January 2018. Photo: iStock.com/JayLazarin

Saudi Arabia Planning to Build 59 Logistics Centers by 2030

The Master Logistics Center Plan details the construction of 59 centers across the Kingdom that have a total area exceeding 1.07 billion square feet.

Photo: iStock.com/AlexLMX

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How a Leading U.S. Floral Distribution Company Reduced Warehouse Labor Costs by 45% with RFID

Recycled Tagging Fasteners: Small Changes Make a Big Impact

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Enhancing High-Value Electronics Shipment Security with Tive's Real-Time Tracking

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