Third-party logistics (3PL) has experienced growth amidst challenges such as geopolitical issues, tariffs, costs, and labor shortages, achieved through technology investments and industry consolidation. In 2024, the net revenue of the U.S. 3PL market is expected to grow by 1.6%. Technological innovation and resource integration are becoming pivotal for the industry to tackle these challenges.
The next-generation Supply Chain Conference 2025 will take place in Nashville, featuring a keynote speech by Val Marchevsky, the Executive Vice President of Uber Freight. He will share insights on the latest logistics technologies and market opportunities. The discussions on accelerating digitization and innovation will provide professionals in the industry with profound insights and new opportunities for growth.
In 2025, the global aviation industry is expected to surpass five billion passengers for the first time, projecting a net profit of $36.6 billion, which will drive global economic growth and increase employment opportunities. The IATA highlights that the recovery of the aviation sector goes hand in hand with decarbonization investments, demonstrating its vital role in the modern economy.
This article explores how Value Added Tax (VAT) serves as a facilitator of fair competition in international trade, distinguishing it from tariffs. VAT achieves tax neutrality through a multi-stage payment mechanism, providing equal opportunities for all businesses, ensuring that goods are taxed in the consuming country rather than the producing country, thereby promoting growth in international trade.
This article introduces TACT air freight solutions, designed to help airlines, freight forwarders, and ground handling companies streamline air operations and enhance efficiency. By providing real-time updates on air freight rates, compliance information, and flight schedules, TACT empowers industry professionals to navigate the complexities of air freight processes, achieving greater business growth and customer satisfaction.
This report explores the historical changes, rapid growth, and future challenges of the Middle East aviation market, focusing on the market structures and influences in the UAE and Saudi Arabia. It depicts the current competitive landscape among regional airlines and the profitability difficulties they face, while also anticipating the potential impact of the Vision 2030 project on the industry.
Crestview Bob Sikes Airport (CEW) is a significant aviation hub in Okaloosa County, Florida, serving general aviation and military flights. The airport boasts a long runway, supporting local economic development and military operations. It holds considerable potential for future growth and expansion within the region. Its strategic location makes it a vital asset for both civilian and defense purposes.
This article explores strategies for logistics companies to efficiently sell industry solutions, focusing on key steps such as building trust, accurately understanding customer needs, providing innovative insights, guiding customers through scenarios, and optimizing collaborative interactions. These approaches aim to facilitate faster acceptance and implementation of solutions by customers.
The United Nations Convention on Contracts for the International Sale of Goods provides a legal framework for global trade, eliminating barriers caused by legal discrepancies. This convention promotes flexibility in contracts and principles of fairness, ensuring that the rights and obligations of both parties are clearly defined, thus fostering the continued development of honest international transactions.
In October 2023, China's warehousing index reached 52.8%, marking a three-month high and reflecting the healthy growth of the industry. Inventory levels, business profits, and the number of employees have all increased, indicating a recovery in market demand. With rising demand and the approach of the Double Eleven shopping festival, the future outlook for warehousing services is generally optimistic.
