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Think Tank
SC Finance & Revenue Management: Page 13
Biden Administration Awards $12M to Marine Highway Projects
The funding will go towards improving the movement of goods along navigable U.S. waterways and expanding existing services in Alaska, Illinois, Indiana, Louisiana, Texas, Washington and Wisconsin.
OOCL Logistics Partners with Stenn for Trade Financing Program
OOCL Logistics customers will be able to apply for financing through the PODIUM platform, meaning suppliers can now receive funding less than 72 hours after shipping out a product.
Imaginnovate Launches A.I. Transportation and Logistics Pricing Tool
The feature can determine a price range for logistics services based on numerous variables including types of transportation, equipment, demand and competition.
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.
Can Generative AI Help Eliminate the $2T Trade Finance Gap?
The new wave of generative artificial intelligence is supercharging the increased automation of B2B customer onboarding and due diligence for financing approvals, disbursements and repayments.
Fossil Fuels Subsidized at a Rate of $13M Per Minute in 2022
The IMF found ending fossil fuel subsidies could cut global emissions outputs by 34% by 2030 when compared to levels seen in 2019.
Applying AI to Logistics: For Now, It’s Mostly Just Talk
When it comes to applying artificial intelligence to logistics and the supply chain, the headlines might be slightly ahead of real-world use.
Ocean Carrier EBIT Fell by 90% Year-on-Year During Q2 2023
Orient Overseas Container Line (OOCL) had the largest EBIT per TEU during Q2 2023 at $305, a massive drop-off from Q2 2022, which was over $1,500 per TEU.
Tata Seeks Partnerships for U.K. Battery Plant to Supply Jaguar Land Rover EVs
The collaborations for the battery plant could range from a joint venture and the sharing of knowledge to experimentation and licensing agreements, Tata said.
MSC Could Face Charges for Allegedly Overcharging Customers
The FMC audited MSC’s D&D charges in 2021 after receiving claims that the company issued the same daily rate for both operating and non-operating reefers (NORs).
Over 40% of Supply Chain Professionals Expect Shipping Container Prices to Rise
Twenty-eight percent of those surveyed foresee a decline in container prices in August while another 30% think prices will remain unchanged.
Indian PM Promises Financial Assistance to Domestic Semiconductor Manufacturers
During a speech at the SemiconIndia 2023 conference, Modi highlighted the government’s commitment to making policy changes that promote the growth of the Indian semiconductor sector.
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