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Think Tank
Logistics: Page 236
Oracle Introduces New SCM AI and Automation Capabilities
Oracle's newly launched update for its Oracle Fusion Cloud Application Suite will help customers with supply chain planning, operational efficiency and financial accuracy.
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.
U.S., Colombia and Guatemala Sign Deal to Standardize Supply Chain Security
The U.S. Customs and Border Protection agency signed a deal with the Customs Administrations of Guatemala and Colombia to establish a standard set of supply chain security requirements.
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 End of the New York Waterfront Harbor Commission Appears Nigh
New Jersey says it is withdrawing because its state police force can take over its crime-fighting duties.
Thousands of Flights Delayed As Southwest Glitch Grounds Planes
The glitch follows another during the Christmas holiday season led to 16,700 flight cancellations and disrupted travel plans for two million customers.
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.
Despite Expected Delays, Airbus Reaffirms 2024 Production Targets
Airbus began notifying airlines about expected delivery delays that will take place in 2024 while remaining confident this doesn't indicate worsening supply chain issues.
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.
Apple Plans to Use 100% Recycled Cobalt in its Batteries by 2025
Apple plans to use 100% recycled cobalt, completely recycled rare Earth elements, 100% recycled tin soldering and 100% recycled gold plating in its products by 2025.
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.
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.
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