article thumbnail

Corporate Sustainability Due Diligence Directive (CSDDD): Addressing the Entire Value Chain

Logistics Viewpoints

By 2029, companies with 1,000 employees and 450 million euros turnover will be impacted. With the recent changes to the directive, the number of companies impacted is about.05% 05% of the total number of businesses operating within the EU. billion euros turnover will need to report.

article thumbnail

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.

Insiders

Sign Up for our Newsletter

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

article thumbnail

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%

Freight 54
article thumbnail

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.

article thumbnail

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.

article thumbnail

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

article thumbnail

Rugged, Extreme Performer

Logistics Business Magazine

The N1 Flat Mark 3, which launched in September 2022, is using Android 11 technology, which Mike Willett say will guarantee lifecycles to 2028 and 2029 and beyond. We’re with you for the long haul. It’s a device that we’re going to support for a very long time.”.