T

he Global Freight Summit 2024 commenced in Dubai today, marking its third edition since its inception in 2022. The three-day event, hosted by DP World, has attracted more than 5,000 industry leaders from 155 countries, representing diverse sectors of the global supply chain industry.

This year’s summit, running until November 20, centres on the theme “Acting today to reach the opportunities of tomorrow.” The agenda emphasizes four critical pillars: the integration of AI and blockchain in business operations, strategies for navigating volatile global markets, sustainable shipping practices, and building resilient trade routes amidst geopolitical challenges and natural disasters.

The event has drawn significant participation from Indian corporations, with technology giants Wipro, Tech Mahindra, and SRM Tech to name a few, along with dozens of other corporations and entrepreneurs. Some Bollywood and cricket stars are scheduled to participate in panel discussions. A key focus of this year’s discussions is the implementation of practical digital solutions while addressing potential challenges in technological transition. Special attention will be given to developing innovative solutions for supply chain diversification and risk mitigation in global trade routes. AIR