Supply chain news on August 24, 2026

1. 0105:30 UTC

   Goyal says India negotiating FTAs with 8-9 more blocs, aims to cover 75% of global trade

   2 outlets · first: economictimes.indiatimes.com Regulation

   Machine summary Piyush Goyal said India is negotiating free trade agreements with 8 to 9 more blocs and aims to cover 75% of global trade. Piyush Goyal says India is negotiating FTAs with 8-9 more blocs and aims to cover 75% of global trade.

   1. India has signed nine FTAs in the last four years, covering economies with a combined GDP of $60 trillion and 38 developed countries.
   2. Existing pacts with Japan, Korea, and ASEAN open another $10 trillion of GDP, bringing current preferential market access to $70 trillion.
   3. India is negotiating with 8-9 more country groups or individual nations representing an additional $15 trillion in GDP.
   4. The FTA network will cover around 75% of world trade, Piyush Goyal says, and will position India as a trusted partner within global value chains.
   5. Goyal is leading a 200+ member business delegation in Tokyo to boost India-Japan trade and investment in data centers, manufacturing, and AI.

   Reported by economictimes.indiatimes.com and newindianexpress.com.

   • India
   • Japan
   • Piyush Goyal
   • ASEAN
   • Korea

2. 0214:34 UTC

   Descartes acquires Tai for $100M

   2 outlets · first: freightwaves.com Acquisition

   Machine summary Descartes Systems Group acquired AI-powered freight broker TMS provider Tai for $100 million in cash, expanding its transportation management capabilities and logistics data network.

   1. Descartes acquired Tai for $100 million in an all-cash transaction announced August 24, 2026.
   2. Tai provides an AI-powered TMS for freight brokers covering quoting, sourcing, execution, and invoicing across truckload, LTL, drayage, and cross-border freight.
   3. Descartes' chief executive, Ed Ryan, said Tai pairs well with what his company excels at: onboarding carriers, compliance, preventing fraud, and real-time visibility.
   4. Tai's transaction, carrier, and shipment execution data will be added to the Descartes Global Logistics Network.
   5. Descartes reports fiscal 2027 second-quarter results on September 10, 2026, after market close.

   Reported by freightwaves.com and The Loadstar.

   • Descartes Global Logistics Network
   • Descartes Systems Group
   • Tai Software

3. 0323:00 UTC

   Official says Canada to announce retaliatory tariffs against US

   2 outlets · first: India Today Disruptions

   Machine summary Key facts from the reports:

   1. Trump wrote on social media that "Canada has been ripping off the United States of America for years," criticising what he called the country's "ridiculously high tariffs" on American farmers.

   Reported by India Today and The Hindu - Business Line.

   • United States
   • Canada

4. 0419:45 UTC

   Niagara farmers concerned about future of tender fruit

   2 outlets · first: stcatharinesstandard.ca Disruptions

   Reported by stcatharinesstandard.ca and wellandtribune.ca.

   • Tender fruit

5. 0523:00 UTC

   LX Pantos Indonesia completes school renovations in Bekasi

   2 outlets · first: manilatimes.net Logistics

   Machine summary The company said opening ceremonies were attended by its representatives, the schools, local parents, community members and its contractor partner.

   1. The company said the project is part of its 2026 Corporate Social Responsibility initiative and is situated near its logistics center in Cikarang.
   2. LX Pantos Indonesia said the opening ceremonies were attended by representatives from the company, the schools, local parents, community members and its contractor partner.

   Reported by manilatimes.net and malaysiasun.com (Big News Network).

   • LX Pantos
   • LX Pantos Indonesia

Each summary and its key facts are a machine summary of the reports linked under it; the outlets, times and counts come from those reports' own records. How a rundown is built.