News Articles
MATRADE and FedEx Malaysia have signed a memorandum of understanding (MOU).
MATRADE and FedEx signed a two-year MOU at MIHAS 2024 to boost the export capabilities of Malaysian SMEs. The agreement, witnessed by MATRADE's Chairman, aims to provide SMEs with access to FedEx's lo
Read MoreWays for industrial leaders to prevent buyer's remorse when investing in new technology.
As technology integration intensifies, supply chain leaders face challenges in selecting the right solutions amidst numerous options, often resulting in buyer's remorse. Key pitfalls include succumbin
Read MoreThe Biden-Harris administration addresses supply chain challenges with a new federal resource.
The Commerce Department has introduced a new diagnostic tool called SCALE to better assess supply chain risks, which was unveiled at its inaugural summit. This tool analyzes structural risks across va
Read MoreRail delays in Mexico are hindering grain transportation.
Major U.S. railroads, including Union Pacific and BNSF, have suspended grain shipments to Mexico due to increased demand and resulting capacity issues, leading to significant train backlogs. Union Pac
Read MoreFedEx Q1 earnings: Three key insights
FedEx is implementing higher surcharges, efficiency programs, and spending cuts to adapt to weak demand. The company's revenue remained stable year-over-year for the quarter ending August 31, promptin
Read MoreArtificial intelligence is increasingly becoming an integral part of the parcel delivery sector.
Artificial intelligence is increasingly transforming the operations of parcel delivery companies like FedEx and UPS by enhancing shipping accuracy, customer service, and data analysis. AI helps genera
Read MoreGlobalX launches cargo charter service connecting Chicago and San Juan.
Global Crossing Airlines Group (GlobalX) will launch round-trip cargo charter flights from Chicago to San Juan starting October 10, 2024, operating three times a week via the Airblox platform. Utilizi
Read MoreUPS extends its standard Saturday service to eight markets in Europe.
UPS has expanded its standard service to provide Saturday delivery to residential addresses in the eight largest European markets without an additional fee. This change allows businesses to reliably r
Read MoreSwissport has named Detlef Trefzger as a Non-Executive Director.
Swissport International has appointed Detlef Trefzger as a Non-Executive Director on its Board. Trefzger, who was the CEO of Kuehne+Nagel from 2013 to 2022, led the company to become the world's large
Read MoreAir freight prices remain stable in anticipation of Golden Week in China.
Global air freight rates remained stable last week, with the Baltic Air Freight Index decreasing by 0.3%, yet still up 9.4% year-over-year. The market was quiet ahead of China's Golden Week, typically
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