News Articles
Chilly situation: The toy industry is experiencing a 'severe' effect due to tariffs.
Isaac Larian, CEO of MGA Entertainment, has paused plans to expand his Ohio toy factory amid rising tariffs, which threaten job stability for his 2,200 employees and could lead to layoffs. With 80% of
Read MoreArcBest identifies five responses from shippers to tariffs.
ArcBest's Chief Commercial Officer, Eddie Sorg, indicated that customer feedback reveals varied approaches to navigating the current tariff landscape. Shippers are responding to tariff uncertainties a
Read MoreUSPS prepares to implement rate increases for Ground Advantage and other services in July.
The U.S. Postal Service will implement rate increases for its Ground Advantage, Priority Mail, and Parcel Select products on July 13, with the most significant hikes of around 10% for Parcel Select an
Read MoreThe United States and the United Kingdom have reached an agreement on a structure for a deal concerning tariffs and market access.
The U.S. and U.K. have reached an initial agreement on a trade deal focusing on tariffs and market access, known as the U.S.-UK Economic Prosperity Deal, though it is not yet legally binding. The fram
Read MoreAir Canada’s cargo revenue increased by 16% due to a rise in demand.
Air Canada experienced a 16% rise in cargo revenue, totaling $250 million in Q1 2025, driven by increased shipper activity ahead of tariff deadlines and changes in U.S. duty-free rules. Revenue from P
Read MoreIAG's cargo revenue for the first quarter of 2025 increased by 12% due to improved yields.
International Airlines Group (IAG) reported a 12.4% rise in cargo revenue to €318 million for Q1 2025, driven by strong yields and a 7.5% increase in cargo tonne kilometres. Total revenue for the quar
Read MoreRadia collaborates with the US Department of Defense to investigate WindRunner for transporting oversized cargo.
Radia, the creator of the WindRunner cargo aircraft, has partnered with the U.S. Department of Defense to assess the aircraft's potential for national defense logistics and the oversized cargo market.
Read MoreThai Airways collaborates with KMC to transform B777-300ER aircraft into cargo planes.
Thai Airways has partnered with Kansas Modification Center (KMC) to initiate Southeast Asia's first Boeing 777-300ER freighter conversion program, set to take place at MRO centers in Thailand. This in
Read More7 Air appoints Michael Mendez as the new CEO to guide the company through its next stage of growth.
7 Air has appointed Michael Mendez as its new CEO to drive strategic growth and operational excellence. Mendez, an aviation veteran with over 40 years of experience, previously served as CEO of 21 Air
Read MoreHydrogen infrastructure being built at the Port of Rotterdam.
A hydrogen system is being developed in Rotterdam, focusing on production, usage in industry, and hydrogen transit across Northwest Europe amid economic challenges. Key projects include Shell’s Hollan
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