Burlington Stores is focusing on enhancing its supply chain to lower product sourcing costs, achieving a 50-basis-point reduction in Q3. The company aims for a total of 100 basis points

The inauguration of U.S. President-Elect Donald Trump is anticipated to initiate major shifts in global trade policies, including imposing tariffs of 10-20% on imports and up to 60% on Chinese

In October 2024, total air cargo demand rose by 9.8% year-on-year, marking the 15th consecutive month of growth, while capacity increased by 5.9%. This growth was significantly driven by an

Shipsta by Freightos has launched Rate Refresh, a new feature for its procurement platform aimed at helping professionals manage freight tenders in a volatile market. This tool allows users to

The national average price for diesel gasoline increased slightly for the second consecutive week, rising by $0.001 to $3.540 per gallon, following a previous increase of 4.8 cents. This comes

Data from the DAT One network shows a significant decline in truckload spot market load posts during the Thanksgiving week of November 24-30, with 1.02 million loads available, a 46%

Hapag-Lloyd has announced that the “Gemini Cooperation” ocean network is now open for bookings, marking a long-term partnership with A.P. Moller-Maersk set to launch in February 2025. This collaboration aims

Challenge Group has successfully launched its inaugural flights to Nairobi (NBO) on December 2nd, marking its first African destination. The service operates twice weekly using a B767 freighter with a