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GEP Reports Global Demand Drop, Supply Chain Spare Capacity Hits 14-Month High

Global Demand Deterioration Fuels Rise in Spare Capacity The GEP Global Supply Chain Volatility Index, a key indicator tracking various supply chain factors, has reported a decrease to -0.43 in September, the lowest in 14 months. This suggests an...

Amazon Launches AI-Powered, Robotic Fulfillment Center in Shreveport

Amazon has unveiled its most technologically advanced fulfillment center yet in Shreveport, Louisiana. The facility, one of Amazon's largest, employs ten times more robots than previous designs and utilizes artificial intelligence (AI) to...

Brief: Maersk, Hapag-Lloyd to Launch Gemini Partnership, Avoid Red Sea Routes

The Gemini Cooperation, a vessel-sharing partnership between Maersk and Hapag-Lloyd, is set to commence on February 1, 2025. The companies have chosen to initiate their collaboration by utilizing the Cape of Good Hope network, as per a customer...

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