2 minute read
Global News
1 UNITED STATES
Gartner’s latest findings reveal the world’s semiconductor revenue grew by 10.4% in 2020, indicating that despite supply chain disruptions, demand remained high for the technology. 2 GLOBAL
Supply chains are turning to green solutions for the future
With the constant threat of climate change to the world and economy, along with pressure from the public and regulators, global carrier businesses are trying to come up with solutions to help drive greener operations.
EGYPT
Ever Given impounded by Egyptian authorities
Freedom followed by
impounding. On April 14, local Egyptian authorities impounded the now free vessel, seeking legal action for the salvage operation's cost and lost transit fees. Authorities claim that they are owed US$900m.
GLOBAL
Covid and the supply chain: What is the latest?
In the world's largest COVID19 vaccination campaign, more than 726 million doses have been administered across 154 countries.
4 JAPAN
Panasonic set to acquire Blue Yonder in $5.6bn deal
“Accelerating the autonomous
supply chain,” Panasonic plans to acquire the remaining 80% stake in Blue Yonder, “Combining Panasonic’s strength in industrial engineering, IoT and edge technologies with Blue Yonder’s AI/ML-driven supply chain and commerce solutions,” to intensify customer value.
Apex Logistics Increases Air Charters by 225% in 2020
Apex Logistics International increased total air charters from 500+ flights in 2019 to over 1200 charters in 2020. While some 50% of usual airfreight was deeply disrupted by the pandemic, the constant disruption forced the airfreight supply chain industry to immediately adopt an innovative approach, focusing on results over processes, making fast, smart decisions, and embracing outside trends quickly and effectively.
In 2020, E-Commerce sales jumped by more than 30% as consumers who followed stay-at-home orders and social-distancing measures discovered convenient and reliable online shopping options with faster delivery times. Spiked demand for time-sensitive personal protective equipment (PPE), consumer electronic devices, groceries and essential products, combined with the halt in ocean vessel movement, kept aircrafts flying during the pandemic. Apex responded swiftly to the challenge by expanding commercial airfreight capacity and scheduled charters by over 225%. This move to increase dedicated charters supported retailers with flights that allow for faster recovery at destination, virtually eliminating terminal delay issues. This model extends to origin and destination services, where they control these processes by utilizing their own Container Freight Station (CFS) facilities. While many outsource this work to 3PLs, Apex delivers these critical services in house.
Although industry challenges on both supply and demand side may likely persist through 2021, Apex is committed to meeting and exceeding customer needs with continued expansion of services to do what they do best, deliver passion.
