UK has signed a historic Enhanced Trade Partnership with Thailand.
This is a crucial milestone towards exploring a potential future Free Trade Agreement and building on an already strong trading relationship worth £5.9bn a year.
More: https://lnkd.in/eyX5mwkm
Don’t miss The State of the Industry 2024 – Insights on Digital Evolution in Container Shipping, a Report from DCSA.
This comprehensive study explores the progress made, the challenges faced, and the role of standards in driving change.
Through insights from 400 senior decision-makers and in-depth interviews, the report provides a 360-degree view of how digitalisation is reshaping the container shipping landscape.
There are some highly interesting results in the report, and I recommend all of you to read it. Outcomes form the survey showing that:
▪ 86% of cargo owners view digitalisation as a tool for operational efficiency
▪ 41% of cargo owners supply chain visibility and access to real-time data as their top operational priorities, surpassing cost efficiency
▪ 82% of cargo owners with higher levels of digitalisation agree that it leads to improved customer satisfaction and experience
▪ 81% believe that it leads to a significant of operational costs
▪ 86% believe that early adoption of digital technologies provides a competitive advantage
These are very promising numbers, that we also recognize from our own research and dialogue with customers.
Read more:
Report: https://dcsa.org/newsroom/state-of-the-industry-container-shipping-industry-2024
The UN adopted today the Pact of the Future which includes the Global Digital Compact.
Main provisions related to AI include:
– Establishment of an AI international scientific panel
– Launch of a global AI policy dialogue
– Development of AI capacity building partnerships
– Consideration to establish a global AI fund
The full text is available here: sotf-the-pact-for-the-future.pdf (un.org)
We need enablers & drivers for acceleration of trade data digitalization. We also need a new set of rules for digital trade.
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