News Articles
FedEx and Amazon have reached an agreement for the delivery of large packages.
FedEx has entered a multi-year agreement to deliver large packages for Amazon's residential customers, providing Amazon with cost advantages over UPS. This partnership revives their relationship after
Read MoreNissan takes steps to mitigate the $3 billion impact from tariffs.
Nissan Motor Co. is implementing strategies to mitigate the impact of U.S. tariffs, aiming to reduce a projected 450 billion yen ($3 billion) hit to its finances by 30%. These measures include priorit
Read MoreTrump brings back the "most favored nation" initiative in a bid to lower drug prices in the U.S.
The Trump administration is reintroducing a contentious policy aimed at reducing U.S. pharmaceutical costs by aligning them with prices in other high-income countries, as detailed in an executive orde
Read MoreHonda delays its $11 billion investment in electric vehicle production in Canada.
Honda has delayed its investments in establishing an electric vehicle supply chain in Canada by two years due to tariffs and lower-than-expected EV demand in North America. The original plan included
Read MoreDHL eCommerce UK and Evri are set to merge, forming a leading parcel delivery company.
Evri, a leading parcel delivery company in the U.K., is merging with DHL eCommerce to create a powerful new entity. This merger will enable the combined business to deliver over two billion parcels an
Read MoreAir freight prices have increased following recent drops, according to the TAC Index.
Global air freight rates showed slight improvement last week, with the Baltic Air Freight Index rising by 1.5%, remaining down 3.6% year-on-year. The ongoing trade tensions and high tariffs between th
Read MoreRhenus signs a memorandum of understanding with IWAI.
The Rhenus Group has signed a Memorandum of Understanding with the Inland Waterways Authority of India (IWAI) to operate barge services on various National Waterways in India. Initially, Rhenus will d
Read MoreOBC ONE reaches a groundbreaking milestone by obtaining IATA DG certification, becoming the first in the industry to do so.
OBC ONE, a leader in time-critical logistics, has become the first on board courier (OBC) broker to obtain IATA-certified training specifically for handling dangerous goods. This tailored program addr
Read MoreEtihad Cargo implements a region-specific framework for Europe.
Etihad Cargo, the logistics arm of Etihad Airways, is realigning its European operations to enhance regional engagement and support network expansion. The new structure consists of five regions, each
Read MoreThe United States and China have come to an agreement to lower tariff rates for a period of 90 days.
The U.S. and China have agreed to pause escalating tariffs for 90 days, with the U.S. reducing its 34% tariff on Chinese imports to 10% and lifting additional duties that increased the total tariff bu
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