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Mar 25 2023

Damotech Introduces DAMO CARE, a comprehensive Warehouse Rack Safety as a Service Solution

Damotech, the industry leader in warehouse safety and rack repair, launches DAMO CARE©, a new full-service pallet rack safety program that will transform the way companies approach rack safety. This innovative offering helps busy warehouse managers implement and manage their...

Mar 24 2023

US Merchant Processing Fees Top $160 Billion

In 2022, US merchants paid a record $160.70 billion in processing fees to accept $10.589 trillion in payments from credit, debit and prepaid cards, according to the Nilson Report. The total value of fees was up 16.7% from 2021, even though purchases for goods and services tied to all card payments grew by only 12.3% year-over-year. “Merchants paid much more overall in 2022...

Are Money Laundering Concerns Preventing Investment in Gulf Countries?

Money laundering is a global problem, but it has been a major obstacle for Gulf countries in particular as several institutions in the UAE alone failed over the years to perform the necessary security checks to counter money laundering and...

Locus Unveils ‘ShipFlex’ To Equip Businesses With Flexible & Intelligent Third-Party Delivery

ShipFlex brings same-day & next-day delivery to enterprises through a simple integration, helping them optimize third-party delivery from order to doorstep. Locus, a global last-mile logistics technology company, announced the...

Flexcon to Showcase its Extensive Range of Innovative Supply Chain Solutions at ProMat 2023

Visit Booth #S1822 to Tap Into Over 50 Years of Expertise in Supply Chain Optimization Flexcon, an industry leader that has been optimizing supply chains with its material handling solutions for over 50 years, will be showcasing its latest innovations in Booth #S1822 at ProMat, March 20-23, 2023 in Chicago, IL. Visitors to the Flexcon booth will find dozens of styles of plastic...

Mar 23 2023

Sales of Semiconductor Memory are Boosted by the Strong Demand from the Consumer Electronics Industry’s

The semiconductor memory market is anticipated to be worth US$ 172.0 billion in 2023 and is expected to rise to US$ 354.5 billion by 2033. During the projection period, semiconductor memory sales are anticipated to grow at a strong CAGR of 7.5%. The market's expansion is attributed to the surge in...

Enhanced CSX Carbon Calculator Helps Shippers Achieve Sustainability Goals

CSX today announced the launch of an enhanced carbon emissions reduction calculator that will help companies achieve their supply chain sustainability objectives by converting from truck to rail. The enhanced tool offers freight shippers increased insight into the environmental benefits of rail through analysis of customer-specific data to calculate potential...

How Delivery Management Software is Revamping the Industry?

In today's fast-paced e-commerce world, timely and efficient delivery is crucial for the success of any e-commerce business. Customers expect fast and reliable delivery services. This can be a challenge for e-commerce companies to manage without any help from technology. This is where a need for e-commerce...

Gather AI Launches Dashboard Inventory Actions at ProMat to Help Customers More Efficiently Resolve Inventory Discrepancies

Founded in 2018, Pittsburgh-based Gather AI is now the first established company using drones to automate inventory monitoring processes for...

Mar 22 2023

ArcBest Launches Revolutionary Freight Movement Technology

Vaux freight movement technology transforms intralogistics processes, creating efficiencies that move supply chains forward. ArcBest®, a leader in supply chain logistics, today announced the launch...

Hydrogen Combustion Engine Market Increases by 10% as Manufacturers in UK Strives to Achieve Zero Carbon Emission

The global hydrogen combustion engine market is projected to have a high-paced CAGR of 9.78% during the forecast period. The current valuation of the hydrogen combustion engine market is US$ 18.22 Bn in 2023. The value of the hydrogen combustion engine market is anticipated to reach a high of US$...

Green Cubes at PROMAT – Lithium-ion Technology for Material Handling Applications

We are looking forward to seeing you at PROMAT next week! Be sure to visit our booth S1761 to check out our...

Tompkins Robotics New PickPal Product Series Expands Robotic Solutions Portfolio

Tompkins Robotics is expanding its robotic solution offerings and will be introducing its new PickPal product series which is a line of pick assist (PA) autonomous mobile robots (AMR) at ProMat. Attendees of ProMat can see a demonstration of this system in the Tompkins Robotics ProMat Booth N7140 from the 20th-24th. There...

Mar 21 2023

$2.9 Trillion U.S. Consumer Retail Market is Set for Repositioning, Reports Circana

Don Unser and Marshal Cohen discuss the importance of looking across aisles and beyond industry lines at Growth Summit 2023 Consumer demand is declining across nearly every U.S. discretionary general merchandise and consumer packaged goods (CPG) industry, even as elevated prices recede from peak levels. At the...

Rising use of Fertilizers in Agriculture is Fueling Demand for Potassium Chloride with the USA Holding 86% Market Share in North America

“Growth in food demand has been stronger as compared to population growth, due to the changing eating habits of people. This, in turn, has been accelerating the demand for fertilizers and pesticides. These fertilizers and pesticides are used to improve crop yield, fertility of soil, and enhance production. Therefore, the demand for potassium chloride is expected to grow in tandem with the growth...

SC Ports Offers Access to Booming Southeast Market

South Carolina Ports sees stronger-than-typical February for container volumes at the Port of Charleston as South Carolina continues to attract new... Read More The post SC Ports Offers Access to Booming Southeast Market appeared first on Global Trade Magazine.

Global Shipping Update: Modicum of Relief as Import Volumes Fall in Line with 2019 Levels

With the second quarter of 2023 on the horizon, importers and logistics service providers (LSPs) are wondering what lies ahead. The economic landscape is anything but predictable and there are conflicting opinions on what direction the economy will take. As for interest rates, they continue to decline but remain high. How is this uncertainty affecting supply chains? IMPORT VOLUMES ALIGNING WITH PRE-PANDEMIC LEVELS...

Mar 20 2023

3 Marketing Channels You Shouldn’t Scale Back in a Recession

When a potential recession is looming, it’s only sensible to explore which spending commitments your business could scale back on. But with past lessons learned and many brands pledging to...

China’s Increasing Export of Food Products Results in Growth of the Agricultural Sprayers Market Accounting for 94% Growth in Revenue

The global agricultural sprayers market size is predicted to reach US$ 3,106.1 million in 2023 and further register a growth rate of 5.9% CAGR between 2023 and 2033. Total agricultural sprayer sales are poised to generate revenues worth US$ 5,499.5 million by the end of 2033. Growing focus on farm mechanization to cope with rising food demand along with rising popularity of self-propelled...

Steps Taken Toward First Expansion of Passenger Rail in Decades

Amtrak and SRC submit a planning grant that will expand long-distance passenger rail service along the I-20 Corridor in the deep South. Today, the Southern Rail Commission and Amtrak announced their application for a Federal- State Partnership for Intercity Passenger Rail Grant from the Federal Railroad Administration for the I-20 Corridor—the first concrete steps to expand long- distance passenger rail service in decades. This grant...

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