News Articles
Korean Air and Group Concorde celebrate 15 years of collaboration in India.
Korean Air and its Indian general sales agent, Group Concorde, celebrated 15 years of partnership focused on enhancing passenger and cargo connectivity from India. A gala event in Gurugram highlighted
Read MoreThe United States is planning to implement new tariffs on Chinese semiconductors by 2027.
The U.S. will implement new tariffs on Chinese semiconductors starting June 23, 2027, following a Section 301 investigation into China's trade practices. Initially set at 0%, the tariff will rise afte
Read MoreDHL Express has entered into a sustainable aviation fuel (SAF) agreement with Phillips 66.
DHL Express has entered a Sustainable Aviation Fuel (SAF) agreement with Phillips 66, securing over 240,000 metric tonnes of fuel for three years, which is anticipated to cut around 737,000 metric ton
Read MoreCaribbean Airlines Cargo has designated General Sales and Service Agents (GSSAs) for the UK and Western Europe.
Caribbean Airlines Cargo has appointed APG as its General Sales and Service Agent for Western Europe and A.N.A. Aviation Services, operating as Network Airline Services, for the UK. These appointments
Read MoreThe CPKC Holiday Train collects an unprecedented sum of money.
Canadian Pacific Kansas City (CPKC) announced that the 2025 Holiday Train raised over $2 million and collected more than 175,000 pounds of food for local food banks across Canada and the U.S. This ann
Read MoreHenrik Kjelgaard is set to depart from DSV.
Henrik Kjelgaard, Senior Executive Vice President of Corporate Development at DSV, is leaving the company after over six years to pursue new opportunities, with his departure set for the end of Januar
Read MoreFord terminates a $6.5 billion battery supply agreement with LG Energy Solution.
Ford Motor Co. has ended its $6.5 billion contract with LG Energy Solution for battery cells intended for electric vehicles, effective December 17. This decision aligns with Ford's strategic shift awa
Read MoreDuluth Trading's initiatives to adjust inventory deliveries are yielding positive results.
Duluth Trading Co. anticipates a significant year-over-year decrease in inventory levels by the fiscal year's end, driven by SKU reductions and optimized receipts, as noted in a recent earnings call.
Read MoreAcademy Sports and Outdoors proudly highlights its successes in cargo frontloading.
Academy Sports and Outdoors expressed confidence in its inventory strategy during a recent earnings call, as EVP and CFO Earl Ford noted no regrets about frontloading inventory earlier in the year to
Read MoreThe US collects $1 billion in duty revenue following the elimination of the de minimis threshold.
In 2025, the U.S. collected over $1 billion in duty revenue from more than 246 million low-cost shipments after abolishing the de minimis exemption, which previously allowed imports under $800 to ente
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