Accelerated Global Solutions (AGS), a prominent freight forwarding and supply chain solutions firm, has recently made a significant move by acquiring a 15% equity stake in KGW Group Berhad (KGW). This strategic investment is aimed at strengthening AGS's position in Transpacific trade and enhancing...
The Monday oil market left traders reeling, seeking therapy for severe whiplash. The release of the weekly benchmark diesel price, used for most fuel surcharges, seemed anticlimactic in comparison. The Department of Energy/Energy Information Administration reported a mere one-tenth of 1 cent increase in...
The road transport sector is a critical component of the supply chain, with 81% of all freight in the UK being transported by road. This industry plays a vital role in ensuring the smooth flow of goods such as food, medicine, fuel, and construction...
The United States has decided to delay tariffs on Mexico by one month, as announced by Mexico's President Claudia Sheinbaum on Monday. This decision came after discussions between Mexico and U.S. President Donald Trump, who confirmed the delay on the social media platform Truth...
Cadeler, a leading offshore wind installation company based in Copenhagen, has recently secured two contracts with undisclosed clients for its cutting-edge wind installation vessel, Wind Mover. These contracts will come into effect immediately upon the delivery of the vessel, which is currently being constructed...
The rapid advancements in artificial intelligence (AI) are revolutionizing various industries, including logistics. With the latest iteration of AI DeepSeek making headlines, it is crucial for supply chains to understand how this technology will shape the future of the logistics sector.
AI-driven solutions are poised...
