News Articles
According to DAT, metrics for the spot market during Thanksgiving week largely show a downward trend.
Data from the DAT One network shows a significant decline in truckload spot market load posts during the Thanksgiving week of November 24-30, with 1.02 million loads available, a 46% drop from the pre
Read More'Gemini Cooperation' is now open for reservations, starting in February.
Hapag-Lloyd has announced that the "Gemini Cooperation" ocean network is now open for bookings, marking a long-term partnership with A.P. Moller-Maersk set to launch in February 2025. This collaborati
Read MoreChallenge has successfully commenced flights to Nairobi.
Challenge Group has successfully launched its inaugural flights to Nairobi (NBO) on December 2nd, marking its first African destination. The service operates twice weekly using a B767 freighter with a
Read MoreCathay Pacific expands its routes to include Munich and Brussels.
Cathay Pacific is set to launch its first direct flights to Munich on June 16, 2025, with four weekly return flights, and will resume services to Brussels on August 3, 2025. These new routes enhance c
Read MoreIAG Cargo has named Daniel Rodriguez as the head of digital sales.
IAG Cargo has appointed Daniel Rodriguez as Head of Digital Sales to enhance its online offerings and better serve customers in the changing logistics landscape. Camilo Garcia Cervera, Chief Sales and
Read MoreThe Asia Pacific region accounts for over 50% of the worldwide increase in air cargo.
The Asia Pacific region significantly drives global air cargo growth, contributing 56% to a 12% year-on-year increase in tonnages during the first ten months of 2024. This has raised its share of worl
Read MoreTrump appoints Jamieson Greer as U.S. Trade Representative.
Donald Trump has nominated Jamieson Greer, an international trade lawyer and former chief of staff for the U.S. Trade Representative (USTR), as the new USTR. Greer, who has a background in trade negot
Read MoreThe parent company of The North Face is set to dismiss 242 workers at its distribution center in Virginia.
VF Outdoor LLC, a subsidiary of VF Corp. known for brands like The North Face and Vans, issued a WARN notice on November 15 regarding the closure of its distribution center in Martinsville, Virginia,
Read MoreTJX: Tariffs create chances for purchasing.
TJX's CEO, Ernie Herrman, indicated that potential tariff increases on Chinese goods could benefit the company's buying strategies by encouraging vendors to import goods early, thus creating inventory
Read MoreManufacturing showed signs of "almost stabilizing" in November, according to the PMI.
In November, manufacturers displayed increased confidence, as indicated by S&P Global's Manufacturing Purchasing Managers' Index (PMI) rising to 49.7, reflecting a slowdown in new order declines and i
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