News Articles
Discounts from FedEx and UPS are anticipated to help stabilize rate increases.
Ground delivery costs are expected to decrease slightly in Q1 2025 despite recent rate hikes by major carriers like FedEx and UPS. The TD Cowen/AFS Freight Index indicates that per-package ground deli
Read MoreThe director of the FDA's medical device division has stated that risks within the supply chain continue to exist.
Michelle Tarver, the new director of the FDA’s medical device division, has expressed concerns that the U.S. may lag behind other countries in safeguarding patient care due to limited mandatory report
Read MoreChina is closely examining the cotton sourcing practices of Calvin Klein's owner.
The China Ministry of Commerce has found that PVH, the parent company of Calvin Klein and Tommy Hilfiger, engaged in improper cotton sourcing practices in Xinjiang, where allegations of forced labor a
Read MoreAir freight demand increases slightly in anticipation of the Lunar New Year holiday.
In the third week of January 2025, global air cargo tonnages saw an 8% increase, recovering from a significant decline in late December and early January, and reaching about 90% of pre-Christmas level
Read MoreAmerican's cargo revenue increased by 10% in the fourth quarter, while projections for 2024 show a slight decline.
American Airlines reported a 10.5% increase in cargo revenue for Q4 2024, reaching $220 million compared to $199 million the previous year. Cargo tonne miles rose by 5% to 526 million, with yield per
Read MoreBNSF reveals its capital investment strategy for 2025.
BNSF Railway has announced a $3.8 billion capital investment plan for 2025, emphasizing its commitment to maintaining a safe and efficient network to meet customer demands. The majority of the budget,
Read MorePMAESA and RCREEE have entered into a partnership agreement.
On January 21, 2025, the Port Management Association for Eastern & Southern Africa (PMAESA), led by Secretary General Col. Andre Ciseau, established a partnership with the Regional Center for Renewabl
Read MoreMumbai Airport's international cargo increased by 17% in 2024, driven by the pharmaceutical and automotive sectors.
Chhatrapati Shivaji Maharaj International Airport (CSMIA) concluded 2024 with a 17% rise in international cargo volumes, achieving a record 60,659 tonnes in March alone. The airport now connects to 68
Read MoreHow air cargo carriers can get ready for the Lunar New Year
As the Lunar New Year approaches, logistics planning becomes particularly crucial for air cargo shippers due to production shutdowns in Asia lasting several weeks. This year, the holiday falls earlier
Read MoreTrump halts funding for the IRA.
President Donald Trump has issued an executive order halting all funding from the Inflation Reduction Act and the Bipartisan Infrastructure Law, marking a significant shift in the U.S. energy policy.
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