Chris Zheng, CEO of SpeedX, has acquired Accelerated Global Solutions (AGS), a logistics firm based in New York City, with the goal of establishing a $1 billion supply chain infrastructure

Cargojet, a Canadian cargo carrier, reported a 15% revenue increase to $245.6 million in Q3 2024, up from $214 million in Q3 2023. Domestic network and charter revenue rose 16%

FedEx has enhanced its Memphis World Hub by introducing a new automated sorting facility, the Secondary 25, which spans 1.3 million square feet and can process 56,000 packages per hour.

True Value is planning to close its regional distribution center in Springfield, Oregon, following a Chapter 11 bankruptcy filing. The hardware retailer intends to sell its operations to Do it

Bernardo Nunes has been appointed Chief Operating Officer at Chapman Freeborn, returning after serving as Director of Transformation and Analytics. With over 25 years of experience in air cargo and

Maersk has inaugurated its first bonded warehouse in Vietnam at SLP Park, Hai Phong, marking a significant step in expanding its operations in Northern Vietnam amid rising import and export

Ronald S.P. Lam, CEO of Cathay Group, urged aviation leaders to support Sustainable Aviation Fuel (SAF) to reduce industry emissions and move towards a greener future. Since launching its Corporate

DHL Group reported a revenue increase of six percent to €20.6 billion for Q3 2024, despite sluggish market conditions. Operating profit remained stable at €1.4 billion, significantly higher than pre-pandemic