News Articles
Skechers' surge in inventory during Q3 does not dampen expectations for the peak season.
Skechers reported a 24% year-over-year increase in inventory for Q3 2024, largely due to higher stock levels in China and in-transit goods. Despite this increase, executives are optimistic about the i
Read MoreAddressing the obstacles of implementing AI in procurement.
The adoption of artificial intelligence (AI) in procurement is not solely a technological challenge; it requires a cultural shift within organizations. Successful AI implementation hinges on fostering
Read MoreCargoTech has named Michael Teoh as its new Head of Strategy.
CargoTech has appointed Michael Teoh as its Head of Strategy, aiming to accelerate digital transformation within the air cargo industry. Cédric Millet, President of CargoTech, emphasized Teoh's extens
Read MoreAir Logistics Group celebrates three decades of excellence in air cargo services.
Air Logistics Group, celebrating its 30th anniversary on November 1, 2024, has evolved from a single office at East Midlands Airport in 1994 to a global presence in 57 countries with nearly 400 employ
Read MoreQatar Airways Cargo has appointed Eric Wilson as Senior Vice President of Cargo Sales.
Qatar Airways Cargo has appointed Eric Wilson as Senior Vice President of Cargo Sales, where he will manage customer relationships, global accounts, and market development. With over 30 years of exper
Read MoreStonepeak is set to acquire ATSG for $3.1 billion.
Air Transport Services Group (ATSG), a leader in medium widebody freighter aircraft leasing, has agreed to be acquired by Stonepeak for around $3.1 billion. Shareholders will receive $22.50 per share,
Read MoreEconomic indicators suggest a favorable outlook, yet public sentiment reveals a contrasting narrative.
The current economic landscape reveals positive data, particularly with October's inflation rate at 2.1%, down from a peak of 9.1% in June 2022, and a third-quarter GDP growth of 2.8%. However, consum
Read MoreThe impact of the 2024 election on supply chains.
As the U.S. presidential election approaches, supply chain professionals are increasingly concerned about its impact on the industry. Alex Saric, CMO at Ivalua, emphasizes that the election will have
Read MoreLA ports provide an update on the San Pedro Bay Clean Air Action Plan (CAAP).
The ports of Long Beach and Los Angeles will hold a meeting on November 21 from 1-3 p.m. to update the San Pedro Bay Ports Clean Air Action Plan (CAAP), focusing on the 2023 emissions inventory, the T
Read MoreThe port of Rotterdam has launched a Geofence system.
The Rotterdam port is enhancing its ship movement efficiency with a new Geofence system as part of the Just-in-Time sailing project, aimed at reducing CO2 emissions. Starting mid-October, terminal pla
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