News Articles
The supplier anticipates gaining advantages from the $16.5 billion agreement between Tesla and Samsung regarding AI chips.
Tesla has announced a $16.5 billion AI chip deal with Samsung, enhancing U.S. semiconductor manufacturing and supporting domestic suppliers like Graphjet Technology, which produces graphene and graphi
Read MoreO'Reilly Automotive purchases a distribution center in Texas due to limitations in capacity.
O'Reilly Automotive has acquired a 560,000-square-foot distribution center in Haslet, Texas, set to begin operations in 2027, which will support 350 stores in the South Central U.S. This expansion add
Read MoreTrump warns of imposing 250% tariffs on pharmaceutical imports.
President Trump announced plans to impose tariffs on pharmaceutical imports, starting with a small initial tariff, escalating to 150% and potentially reaching 250% within 18 months. He indicated that
Read MoreCharting Trump's tariffs in relation to trade balance and geographic location.
U.S. importers are expected to face increased costs as tariffs on foreign goods will rise, following President Trump's announcement of country-specific reciprocal tariffs effective August 7. Over 90 c
Read MoreThe Airforwarders Association has grown its membership to over 225 members.
The Airforwarders Association (AfA) has welcomed over 20 new members in 2025, bringing its total to more than 225 organizations in the air cargo and logistics sector. This growth emphasizes AfA's role
Read MoreFreightos adds Udo Lange and Rotem Hershko to its board of directors.
Freightos has enhanced its board with two significant appointments: Udo Lange as Non-Executive Chairman and Rotem Hershko as Director, effective July 28, 2025. Lange, a logistics expert with over 30 y
Read MoreCIAL and CSC enhance the air cargo network in South India with the launch of TURANT.
Cochin International Airport (CIAL) and Cargo Service Center (CSC) hosted the “Air Cargo Trade Meet 2025” on August 2 at Poppy’s Vista Hotel in Tirupur, showcasing advancements in Kerala's air cargo s
Read MoreB&H Worldwide has named Matthew Warrington as its new Chief Commercial Officer.
B&H Worldwide has appointed Matthew Warrington as Chief Commercial Officer, effective August 1, 2025. With over 30 years in logistics and supply chain management, Warrington previously served as Presi
Read MoreKuehne+Nagel enhances its healthcare logistics by obtaining EDE certification.
Kuehne+Nagel has received certification from the Emirates Drug Establishment (EDE) to store raw pharmaceutical materials at its Dubai South facility, enhancing its healthcare logistics services in Afr
Read MoreRhenus enhances its Air & Ocean sector.
The Rhenus Group has announced three key leadership appointments aimed at enhancing growth and innovation within its Air & Ocean division. Effective August 1, 2025, Joachim Hanssen becomes CEO for Asi
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