Dubai hosts third Global Freight Summit, Drawing over 5,000 industry leaders

DUBAI :The Global Freight Summit 2024 commenced in Dubai on November 18, 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, centers 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. Adding prominence to the Indian presence, cricket icon Sachin Tendulkar, Bollywood superstar Shah Rukh Khan, and Grameen Capital India CEO Royston Braganza are scheduled to participate in panel discussions in the forthcoming days of the three day summit.

A key focus of this year’s discussions is the implementation of practical digital solutions while addressing potential challenges in technological transition. Additionally, the summit will explore how businesses can adapt to shifting trade dynamics and consumer demands for environmentally conscious shipping practices. Special attention will be given to developing innovative solutions for supply chain diversification and risk mitigation in global trade routes.

DP World has curated a comprehensive program featuring interactive sessions, fireside discussions, and keynote speeches from industry experts. The summit provides a platform for government officials, trade bodies, and business leaders to engage in meaningful dialogue and forge strategic partnerships.