News / News
US Supreme Court chief justice urges 'caution' as AI reshapes legal field
AI hallucinations cited in court.
Freight Rates Rise as Red Sea Attacks Continue
Even with an international naval force in place, Houthi attacks on commercial vessels in the Red Sea continue, cargo marketplace Freightos reports. As a result, widespread reroutings of ocean container traffic away from the Suez Canal continue, and ocean freight rates have begun to spike. Task force still proving insufficient The U.S.-led international naval task … Continue reading “Freight Rates Rise as Red Sea Attacks Continue”
Global Container Shipping Industry Sets Sights on Tech Investment, Capacity Concerns
Supply chain professionals in the global container shipping industry expect more technology investment and positive growth in the market in 2024.
What to Expect from the Global Economy in 2024
The outlook for interest rates, jobs, financial markets, and more.
Consumer Dynamics are shifting like never before. But how does that affect Procurement?
Beyond the obvious, of course. But let’s backtrack. A recent article over on Fortune noted that consumer dynamics are shifting like never before while purporting to give us some insights from Executives from Instacart, Atlassian, Nordstrom, and Black & Decker [who] share their strategies. However, the insights it shared related to the challenging technology environment … Continue reading “Consumer Dynamics are shifting like never before. But how does that affect Procurement?”
Material Shortages Could Propel E-waste Recycling
Global trade tensions and continued material shortages will continue to hamper the supply chain in 2024 says a Deloitte forecast.
14 CIO Priorities and Trends for 2024 | In the News
Generative AI (gen AI) will be the top technology trend in 2024 and a priority for CIOs tasked by boards with vetting new tools, provisioning infrastructure, preparing for new risks, and taking advantage of new user experiences. Yugal Joshi, Partner at Everest Group, comments on these trends by saying that some firms will continue to … Continue reading “14 CIO Priorities and Trends for 2024 | In the News”
Corporate billionaires are wrecking the supply chain. Just look at the railroads.
therealnews.com – Draconian labor policies, “cost-cutting” measures, and mass layoffs are decimating US railroad workers for the sake of corporate profits. And the effects are reverberating throughout the supply chain. Tweeted by @mel_buer https://twitter.com/mel_buer/status/1608679528280510465
‘Mild’ recession coming early next, ATA economist predicts for 2023
There is a good chance of a small, quick economic recession early next year. Combined with usual freight capacity surpluses at that time of year, it should mean a softening of freight demand for early 2023. That’s the word from Bob Costello, chief economist and senior vice president for the American Trucking Associations.
What Will the Global Economy Look Like in 2023?
Expert predictions on inflation, sovereign debt defaults, and other potential concerns.