News Articles
The increase in the Asia Pacific region boosts worldwide air cargo prices.
In the first week of September 2024, global air cargo spot rates reached a new high, driven by increased tonnages and rates from Asia Pacific, particularly to North America and Europe. Average global
Read MoreDSV has reached an agreement to purchase DB Schenker for €14.3 billion.
DSV has signed an agreement to acquire DB Schenker from Deutsche Bahn for an enterprise value of €14.3 billion, marking its largest transaction to date. This acquisition aims to enhance DSV's global n
Read MorePACTL enhances its operations with the implementation of the Hermes 5 cargo management system.
Shanghai Pudong International Airport Cargo Terminal (PACTL) has successfully implemented Hermes 5 across four cargo terminals, minimizing downtime during this major upgrade. Hermes Logistics Technolo
Read MoreTrump and Harris clash on issues related to manufacturing, trade, and tariffs.
In a recent presidential debate, Vice President Kamala Harris and former President Donald Trump discussed their strategies for stimulating the economy, enhancing American trade, and creating manufactu
Read MoreShortages in avocado supply lead to unprecedented profits.
Avocado supply constraints due to drought and high temperatures in Mexico and Peru have led to increased revenue for major fruit distributors, with Mission Produce reporting a record $324 million in t
Read MoreDe minimis: Is it beneficial or detrimental to U.S. manufacturers?
The de minimis exemption, allowing goods valued under $800 to enter the U.S. without duties, has significantly benefited e-commerce firms like Temu and Shein, while posing competitive challenges for l
Read MoreUS Customs and Border Protection postpones the implementation of the de minimis enforcement modification.
U.S. Customs and Border Protection (CBP) has postponed implementing a new automated system that would reject de minimis shipments exceeding the $800 daily exemption threshold, originally set for Septe
Read MoreMaersk collaborates with SmartKargo to provide an air cargo management solution.
Maersk is partnering with SmartKargo to integrate its air cargo management solution into Maersk's Own Controlled Flight Operations (OCFO). This collaboration aims to optimize logistics through SmartKa
Read More33rd Annual Analysis of Logistics and Transportation Trends: Exploring the Upcoming Challenges
The 33rd Annual Study of Logistics and Transportation Trends highlights the complexities facing the industry, including challenging market conditions, regulatory changes, and talent shortages. With ov
Read MoreWestJet highlights the increasing significance of its charter service.
WestJet Cargo has launched a charter service in Q4 2023, providing flexible cargo solutions across North and Latin America using Boeing 737-800 Converted Freighters. With a capacity of up to 23 tons,
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