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APM and SANY reach a significant agreement.
APM Terminals and SANY Marine have signed a Master Framework Agreement to supply battery-electric terminal tractors, replacing approximately 500 diesel-powered units by 2030 as part of APM's decarboni
Read MorePACTL has entered into Memorandums of Understanding with LSCLM and Ethiopian to enhance global connectivity.
Shanghai Pudong International Airport Cargo Terminal (PACTL) and Lufthansa Cargo Servicios Logísticos De México (LCSLM) have signed a memorandum of understanding to enhance air cargo connectivity and
Read MoreWalmart is set to broaden its drone delivery service to an additional five cities.
Walmart is set to expand its drone delivery program with Wing to five new cities—Atlanta, Houston, Charlotte, Orlando, and Tampa—over the next year, allowing it to reach millions of new customers. Thi
Read MoreAmazon will close its fulfillment center in Nevada in August.
Amazon will close its Reno, Nevada fulfillment center on August 2, 2024, as part of its strategy to enhance delivery speed. The facility, which primarily managed large shipments, will affect 325 emplo
Read MoreEmirates SkyCargo introduces a new sector: Aerospace and Engineering.
Emirates SkyCargo has introduced Aircraft Engines, a specialized solution for transporting essential aviation components, under its new Aerospace and Engineering vertical. This service targets various
Read MoreEnhancing efficiency and prioritization are key focuses for Wallenborn's new Chief Operating Officer, Ram Menon.
Ram Menon has been appointed as the Chief Operating Officer of Wallenborn Transports, a Luxembourg-based air cargo road feeder services provider. With a focus on operational optimization, he aims to e
Read MoreChapman Freeborn has entered into an agreement with Optimus Logistics Group.
Chapman Freeborn has partnered with Optimus Logistics Group to enhance aircraft delivery efficiency, reduce customer costs, and expand their global reach. This collaboration will provide a seamless se
Read MoreAir cargo demand increased by 6% in May, but a shift in sentiment has led to a decrease in rates.
In May, international trade remained steady, yet airfreight spot rates experienced their first decline in a year, dropping four percent year-on-year to $2.44 per kg. This decline was observed despite
Read MoreLowe’s will keep its pricing strategy competitive even with the impact of tariffs.
Lowe's is focused on maintaining competitive pricing in the home improvement sector, as CEO Marvin Ellison highlighted during a recent earnings call. The company has developed price management tools a
Read MoreCH Robinson, Ikea, and other companies have come together to form a coalition aimed at testing heavy-duty electric vehicles.
Ikea, Electrolux Group, C.H. Robinson Worldwide, and DHL Supply Chain are collaborating with the non-profit Smart Freight Centre to test long-haul battery-electric vehicle operations along the I-10 co
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