News Articles
Air cargo volumes increased by 6% in April due to a boost from the Asia Pacific region.
Preliminary air cargo data for April shows a 6% year-on-year increase in worldwide tonnages, primarily driven by a 10% rise from Asia Pacific due to shifts in China-US trade regulations. Except for th
Read MoreCanada Post and the union have resumed negotiations as the contract deadline approaches.
Canada Post and the Canadian Union of Postal Workers (CUPW) have agreed to restart contract negotiations this week amid concerns of a potential strike by May 22. Negotiations had previously stalled in
Read MoreHow UPS clients are managing Trump's tariffs.
UPS' CEO Carol Tomé reported that major U.S. customers are adjusting to tariff pressures by either passing costs to consumers or seeking supplier assistance, while many are frontloading inventory to a
Read More3M anticipates a potential tariff impact of as much as $850 million.
3M anticipates facing $850 million in tariff-related costs this year without mitigation efforts, with $675 million of that attributed to China-related tariffs and the remainder from non-exempt product
Read More"We're moving in the wrong direction": Tariffs increase costs and negatively impact production, according to PMI.
Tariffs are raising manufacturing costs, leading to lower demand and production, as indicated by the Institute for Supply Management's April Purchasing Managers’ Index (PMI), which fell to 48.7%. This
Read MoreIn response to tariffs, Hasbro is relocating the production of certain SKUs from China.
Hasbro plans to move production of many U.S.-bound products from China to other countries to mitigate tariff-related costs, as CEO Chris Cocks announced during a Q1 earnings call. The company currentl
Read MoreKuehne+Nagel has partnered with cargo.one to improve air cargo procurement.
Kuehne+Nagel has formed a global partnership with cargo.one to enhance its air freight procurement and sales capabilities through the integration of cargo.one's Offer & Book API suite. This collaborat
Read MoreInauguration of the Estonian-German Port Days
During the inaugural Estonian-German Port Days in Tallinn, officials highlighted the potential for enhancing bilateral trade and innovation, particularly in sustainable freight transport. Lübeck's May
Read MoreBIFA introduces a new advisory committee.
The British International Freight Association (BIFA) has established a cargo community advisory body to replace the CCSUK User Group, focusing initially on the Heathrow Airport cargo village redevelop
Read MoreFrom Dubai to Baku: The Role of Aggreko in Energizing a Landmark Event
Aggreko, in partnership with Kuehne+Nagel, successfully delivered uninterrupted electricity for a major event in Azerbaijan, overcoming significant logistical challenges. With power equipment primaril
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