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Biden Grants Micron $6.1B for New York, Idaho Semiconductor Plants

Supply Chain Brain

The New York plants are expected to come online sometime between 2028 and 2029, while the Idaho site is planning to open by 2026.

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Road Network from Singapore to China

Logistics Business Magazine

trillion by 2029 with an anticipated growth of 5.24% from 2023 to 2029. Road freight has become one of the fastest-growing modes of transport in the ASEAN freight market with Thailand and Vietnam looking to invest further in infrastructure to support cross-border trade.

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ATA’s ‘Freight Forecast’ report looks ahead to increasing freight volumes

Logistics Management

by 2029, which, if you think about it, is not as far away as it seems. The key takeaway of this year’s edition is that the ATA pegs freight volumes to increase 4.2% this year and by another 35.6%

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Stad Ship Tunnel: Making Shipping Easier in the Northern Seas

MTS Logistics

The project is planned to be completed by 2029, with work beginning in second quarter of 2024. If built, it will be the world’s first full-size ship tunnel. The tunnel will be 1.7 kilometers long, 37 meters high, and 36 meters wide. Once completed, the tunnel will provide a safe and efficient passage for the maritime industry.

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The Journey to Becoming a U.S. Customs Broker

3PL Insights

It’s expected that over 25,000 new jobs will be created by 2029 to meet shipping demands. What is the Outlook for a Customs Broker? Despite how difficult the exam is, the career outlook for a customs broker is very good. Job vacancies for custom brokers increase an average of 5% each year as workers retire without being replaced.

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The Warehouse Execution System: A New Competitive Imperative

Logistics Viewpoints

billion in 2029 , reflecting an average annual growth rate of 14.3%. The typical benefits of a WES include an 80% reduction in administrative costs, a 12% increase in units-per-hour, and a 15% improvement in throughput. Driven by these benefits, the global market for warehouse execution systems is expected to grow from $1.22

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India Eyes Becoming the Next China, But Challenges Remain

MTS Logistics

billion in 2029 and from there, it will decrease. Population Growth As of March 2023, India’s population topped China where 1.428 billion are living in India vs. 1.425 billion living in China. If current trends continue, China’s population will top 1.44 It is estimated that 330 million Chinese citizens will be over 65 years old by 2050.