Tag Archives: supply chain

DHL and Boston Dynamics Strengthen Strategic Partnership to Scale Robotics Deployment in Global Logistics

(IN BRIEF) DHL Group has signed an MOU with Boston Dynamics to expand their successful collaboration, aiming to deploy over 1,000 additional units of the Stretch robot across DHL’s operations. This includes new applications such as case picking, beyond the … Read the full press release

Ørsted Halts Hornsea 4 Offshore Wind Project in the UK Due to Rising Costs and Increased Risks

(IN BRIEF) Ørsted has decided to discontinue the Hornsea 4 offshore wind project due to increased costs, higher interest rates, and elevated risks, making the project’s current execution untenable. The company plans to explore alternative options for the project while … Read the full press release

Automotive Suppliers Face Declining Profitability Amidst Stagnation and Rising Competition

(IN BRIEF) The global automotive supplier industry faces tough conditions, with stagnant production volumes, geopolitical uncertainty, and increasing competition putting pressure on profitability. The 2024 forecasted EBIT margin of 4.7% marks a further decline from 2023 levels, with Chinese suppliers … Read the full press release

Maersk Opens First Warehouse in France, Strengthening Logistics Network in Europe

(IN BRIEF) Maersk has opened its first warehouse in France, located in the Hauts-de-France region. The 75,000 m² facility is part of Maersk’s extensive European logistics network and serves as a key hub for strengthening supply chain solutions in the … Read the full press release

EBRD Loan Supports UzCarlsberg in Enhancing Production and Food Safety in Uzbekistan

(IN BRIEF) The EBRD is providing UzCarlsberg with a US$ 6 million working capital loan to support the acquisition of ingredients and packaging materials, enhancing operational efficiency and food safety in Uzbekistan. The loan will help the company manage seasonal … Read the full press release

Solvay Unveils Innovative Rare Earths Line in France to Empower Europe’s Sustainable Future

(IN BRIEF) Solvay has inaugurated its new rare earths production line at the La Rochelle facility in France, marking the beginning of commercial production for permanent magnets and aligning with Europe’s Critical Raw Materials Act. This strategic move, part of … Read the full press release

Rheinmetall Acquires Hagedorn-NC to Bolster Propellant Production and Secure Supply Chain

(IN BRIEF) Rheinmetall AG is acquiring Hagedorn-NC GmbH to close a strategic supply chain gap in propellant production. With over 100 years of experience in producing industrial nitrocellulose for civilian applications, Hagedorn-NC will see portions of its production repurposed for … Read the full press release

Netmore and Zenze Partner to Deploy LoRaWAN® Networks for Cargo and Asset Monitoring at Ports and Terminals Worldwide

(IN BRIEF) Netmore Group, a global IoT networks operator, has partnered with Zenze, a supply chain management solutions provider, to offer affordable wireless infrastructure for tracking and monitoring cargo across ports, terminals, warehouses, and more. The collaboration leverages Netmore’s managed … Read the full press release

Andritz and Schuler Unveil Strategic Alliance to Transform Metal Processing

(IN BRIEF) Andritz and Schuler have today unveiled their new joint venture, the Schuler Andritz Group, signaling a significant advancement in the metals industry. The alliance brings together Andritz’s global engineering and digitalization capabilities with Schuler’s advanced metal forming technology. … Read the full press release

CMA CGM Launches “My Exclusive Concierge” to Offer Personalized 24/7 Customer Support

(IN BRIEF) CMA CGM has introduced a new premium service called “My Exclusive Concierge” to provide customers with tailored support around the clock. As part of the CMA CGM+ value-added services, this initiative ensures continuous, personalized assistance to meet the … Read the full press release

EBRD Venture Capital Leads $44 Million Investment Round for Polish Robotics Firm Nomagic

(IN BRIEF) EBRD Venture Capital has led a $44 million Series B investment round for Nomagic, a Polish robotics company specializing in autonomous systems for logistics and e-commerce. The funding will support the company’s product development and expand its market … Read the full press release

Borealis Achieves EcoVadis Gold Rating, Reflecting Commitment to Sustainability and CSR

(IN BRIEF) Borealis has earned the prestigious EcoVadis Gold rating for 2024, improving its score from 73 to 81 and placing the company among the top 5% in terms of sustainability. This recognition reflects Borealis’ commitment to enhancing recyclability and … Read the full press release

iSIM Technology: Driving Efficiency and Innovation in the Expanding Internet of Things Landscape

(IN BRIEF) The iSIM technology is revolutionizing the Internet of Things (IoT) by offering a more efficient, cost-effective, and sustainable solution for device manufacturers. By integrating connectivity directly into the device’s chipset, the iSIM reduces power consumption, production complexity, and … Read the full press release

DHL Global Forwarding Advocates for ‘China Plus X’ Strategy to Strengthen Global Supply Chains

(IN BRIEF) DHL Global Forwarding’s latest white paper emphasizes the importance of adopting multi-shoring strategies, expanding beyond the traditional “China Plus 1” model to include several global regions. The “China Plus X” approach aims to diversify production and supplier locations, … Read the full press release

TfL Launches New Apprenticeship Roles for 2025, Fostering Career Growth and Diversity in London’s Transport Sector

(IN BRIEF) As part of National Apprenticeship Week 2025, Transport for London (TfL) is launching a range of apprenticeship opportunities to help Londoners develop long-term careers in various sectors, including engineering, technology, data, and sustainability. Starting in September 2025, TfL … Read the full press release

CTP Expands Partnership with Milšped, Securing Key Logistics Facilities Across Serbia

(IN BRIEF) CTP has signed three major leases with Milšped, expanding their footprint to 105,000 sqm in Serbia. The new leases span CTP’s industrial parks in Belgrade, Niš, and Novi Sad, positioning Milšped to meet the growing demand for logistics … Read the full press release

University of Glasgow Develops Sustainable Chipless Tags to Revolutionize RFID Technology and Reduce Electronic Waste

(IN BRIEF) Researchers from the University of Glasgow have developed a new type of wireless, chipless electronic tag designed to replace traditional single-use RFID tags. Using inexpensive materials like PDMS and carbon fibers, the tags can monitor temperatures and transmit … Read the full press release

SGL Carbon Ensures Uninterrupted Supply of Natural Graphite Flakes Despite New Chinese Export Restrictions

(IN BRIEF) SGL Carbon reassures customers that its supply chain for natural graphite flakes remains robust despite new export restrictions imposed by China. With a diversified network of global suppliers and more than 50 years of experience in producing flexible … Read the full press release

FedEx Strengthens Central and Eastern Europe Operations with New Facility in Plzeň, Czech Republic

(IN BRIEF) FedEx has launched a state-of-the-art logistics facility in Plzeň, Czech Republic, as part of its strategy to expand operations in Central and Eastern Europe. The 2,600-square-meter facility, nearly double the size of its predecessor, features advanced technologies such … Read the full press release

Syngenta and Maersk Strengthen Partnership to Advance Sustainable Supply Chain Innovation

(IN BRIEF) Syngenta Crop Protection and Maersk have renewed their fourth-party logistics (4PL) partnership for five more years, focusing on sustainable, optimized supply chain solutions. This extension builds on their joint commitment to reducing greenhouse gas emissions, with both companies … Read the full press release