article thumbnail

5 examples of the black swan theory

Logistics at MPEPS at UPV

The black swan theory or theory of black swan events is a metaphor that describes an events like the economic downturn and pandemic that comes as a surprise, has a major effect, and often change the direction of politics, the economy and business, and influence the course of history. Now it is a retail leader in Asia.

article thumbnail

MSC and GBRf sign new five-year rail deal

Logistics Business Magazine

GBRf has been a provider of rail services to MSC since 2002. MSC commented: “MSC is once again delighted to confirm a new five-year deal with GBRf, who have been supporting MSC with our intermodal rail services since 2002. John Smith, Managing Director at GB Railfreight , said: “We are thrilled to have signed this contract with MSC.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

“Becoming a good driver is not easy”

World Food Programme Logistics

I worked briefly with WFP from December 1999 to May 2002 for emergency relief, and then started working with WFP again when they reopened their operations in October 2003. He’s interested in constantly learning new skills, including first aid through training courses offered by WFP.

article thumbnail

Reflections on East Timor by a logistics unit commander – twenty years on

Logistics in War

3] While these deployments were small in comparison to East Timor, most of the problems that arose with INTERFET had surfaced in some way during previous ADF deployments to Somalia (1993) and Bougainville (1997-2002) and there was ample opportunity for an appropriate lessons learned process to be applied.

article thumbnail

Trucking Isn’t Going Away Any Time Soon

Blue Grace Logistics

Of course, whenever new tech starts to hit the market, there is speculation as to what it means for the already existing framework of our reality. that are used for long hauls, using the Vehicle Inventory and Use Survey (VIUS), last updated in 2002,” says an article from HBR. We estimated the proportion of trucks in the U.S.

article thumbnail

The debris of an organisation – thinking about how the ADF recovers from the first losses of war: Part One

Logistics in War

It is in the light of these facts that the commander expects to shape his course during the supervision of the planned action.’ [1]. 8] Australian National Audit Office (ANAO), 2002, Management of Australian Defence Force deployments to East Timor , Audit Report No. From Sound Military Decision , United States Naval College, 1942.

article thumbnail

Nearshoring & Reshoring Will Continue to Increase Thanks to these Main Benefits

GlobalTranz

Of course, there are other factors affecting the American push towards reshoring and nearshoring. These recall counts point to sizeable growth over the past decade in the recall notices of Chinese-made consumer goods from 58 in 2002 to 153 in 2014. The political climates of foreign countries are becoming unstable.