Logistics Portal Giveaway!!
We are happy to announce that Martin Hubert, Editor in Chief at LogisticsPortal.net has been appointed as Features Editor, Technology, North America with CargoNOW and LogiSYM! To celebrate this great news, CargoNOW will give away 4 great prizes! Contest ends 11:45pm on 31.Dec.2020 (Singapore time).
Grand Prize: Nespresso Machine worth US$150
3x Runner-up Prizes: US$30 Amazon e-Gift Card
Forwarders see ocean unreliability eroding carrier threat
The business approach of asset-owning ocean carriers will always be heavily focused on filling vessels rather than providing the service levels required to control an end-to-end supply chain process, according to Thorsten Meincke, board member for air and ocean freight at DB Schenker.
Virtual procurement is here to stay. And that’s not a bad thing.
Most of our vendor relationships have always been remote, and the use of virtual tools creates deeper relationships that improve the negotiation process.
Virus Update: Sunak Extends U.K. Furlough Support, Regeneron to Ramp Up Antibody Output
A United Nations gauge of food prices rose for a fifth month to the highest since January, nearing a multiyear peak set just before the coronavirus crisis took hold, Bloomberg reported. Last month’s increase was largely fueled by a rally in grains, with the UN’s Food & Agriculture Organization cutting estimates for crop production and stockpiles as adverse weather threatens corn and wheat supplies.
Supply chain agility entered the spotlight when the pandemic made forecasting futile
Historical data became all but useless to supply chains navigating through uncertain conditions during the pandemic. Forecasting was futile, and the focus quickly pivoted to agility.