News Articles
The United States has officially implemented tariffs on trucks and buses.
Starting November 1, the U.S. will impose new tariffs on heavy-duty trucks (25%), medium-duty trucks (25%), and buses (10%), as per an executive order by President Trump. This decision aims to address
Read MoreNestlé is eliminating 4,000 positions in its supply chain and manufacturing sectors.
Nestlé announced plans to eliminate 16,000 jobs, about 6% of its global workforce, over the next two years to cut costs and enhance operational efficiency under new CEO Philipp Navratil. The job reduc
Read MoreCostco relies on SKU adaptability and the purchasing experience as part of its tariff strategy.
Costco is adjusting its product offerings to manage the impact of tariffs, focusing on increasing its private label Kirkland Signature products and sourcing more items domestically across various cate
Read MoreFedEx Express and Swiss Post have launched a new facility in Gossau to enhance their logistics operations.
FedEx Express Swiss Post has opened a new facility in Gossau, St. Gallen, after a year of construction, enhancing its logistics capabilities in Eastern Switzerland. This state-of-the-art site consolid
Read MoreAir Atlanta, Fly Meta, and Hungary Airlines collaborate on the 777-300ERSF project.
Air Atlanta, Fly Meta, and Hungary Airlines have formed a significant partnership to enhance e-commerce and air cargo connectivity using the Israel Aerospace Industries (IAI) 777-300ERSF aircraft. Fly
Read MoreAirACT B747F has crashed near a runway in Hong Kong, resulting in the deaths of two ground crew members.
A Boeing 747-400 freighter operated by Istanbul-based AirACT for Emirates crashed into the sea after veering off the North Runway at Hong Kong International Airport early on October 20. The aircraft,
Read MoreChapman Freeborn has named Saska Gerasimova as the new Group CEO.
Chapman Freeborn has appointed Saska Gerasimova as the new Group CEO, effective October 20, succeeding Eric Erbacher, who becomes Chair of the Board. Gerasimova brings extensive experience in aviation
Read MoreDHL Global Forwarding has launched a logistics center in the Ras Bufontas free zone.
The Qatar Free Zones Authority (QFZ) and DHL Global Forwarding have launched a new logistics facility at the Ras Bufontas free zone, covering over 1,200 square meters. This facility will serve as a ke
Read MoreCathay Cargo is the first airline to implement IATA ONE Record.
Cathay Cargo is the first airline to offer real-time customs clearance updates through the EzyCargo platform, enhancing visibility and efficiency in air cargo shipments. This initiative, based on the
Read MoreBechtel has commenced nuclear vitrification at the Hanford Site.
Bechtel has commenced nuclear vitrification operations at the Waste Treatment and Immobilization Plant (WTP) in Hanford, Washington, successfully converting the first batch of hazardous waste from the
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