Logistics Firms Adapt to Rising Costs Global Disruptions

Logistics Firms Adapt to Rising Costs Global Disruptions

The 36th Annual Logistics Status Report highlights that despite increasing uncertainty in the logistics market due to economic and geopolitical factors, companies are responding to rising costs by diversifying their supply chains and employing data-driven management strategies. Additionally, driving sustainability is a key trend that helps businesses gain a competitive edge in a complex environment.

Safran Invests 45B in French Lowcarbon Brake Plant

Safran Invests 45B in French Lowcarbon Brake Plant

Safran is building a carbon brake production plant near Lyon, France, with an investment of €450 million, set to start operations by 2030. The new facility will utilize low-carbon electricity to achieve zero emissions and is expected to increase production by 25% by 2037. This project reflects the company's sustainable development strategy in the aviation manufacturing sector.