News Articles

By Web Administrator July 31, 2025

My freighter operates cargo flights from PVG to TAS and AMS twice a week.

My Freighter has initiated twice-weekly cargo flights from Shanghai Pudong to Amsterdam, with Tashkent as its main hub, offering flexible capacity for freight forwarders. Utilizing Boeing B767-300F ai

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By Web Administrator July 31, 2025

PepsiCo will cease production at its facility in Detroit.

PepsiCo is shutting down part of its Detroit facility due to declining consumer demand, with production, maintenance, and transport operations ending on September 27. Around 83 employees will be laid

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By Web Administrator July 31, 2025

UPS: Driver buyout interest is meeting expectations.

UPS has introduced a voluntary buyout program for its delivery drivers, allowing employees to leave with a payout of $1,800 per year of service, with a minimum of $10,000. This initiative is part of U

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By Web Administrator July 31, 2025

Trump claims that India will encounter tariffs of 25%.

President Trump announced a 25% tariff on imports from India starting August 1, following hints during a press briefing on Air Force One. Although he indicated that the tariff rate had not been finali

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By Web Administrator July 31, 2025

The United States reveals specifics regarding a 50% tariff on copper.

The U.S. will impose a 50% tariff on copper imports starting August 1, as per an executive order signed by President Trump. This tariff applies to semi-finished and derivative copper products and will

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By Web Administrator July 31, 2025

Trump announces that the US and South Korea have reached an agreement on tariffs.

President Donald Trump announced a "Full and Complete Trade Deal" with South Korea, proposing a 15% tariff on imports from South Korea while U.S. exports to Korea would remain tariff-free. The deal in

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By Web Administrator July 31, 2025

UPS announces $21 billion in revenue for the second quarter of 2025.

In Q2 2025, United Parcel Service (UPS) reported a consolidated revenue of $21.2 billion and an operating profit of $1.8 billion, reflecting ongoing strategic transformation amidst a challenging econo

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By Web Administrator July 31, 2025

DAT has purchased the Convoy Platform to enhance its digital freight matching capabilities.

DAT Freight & Analytics has acquired the Convoy Platform from Flexport, enhancing its digital freight-matching and automation capabilities. The Convoy Platform automates freight transactions and conne

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By Web Administrator July 31, 2025

GWC and Qatar Airways have renewed their logistics partnership, which has been in place for ten years.

GWC and Qatar Airways have renewed their partnership with a five-year service agreement, allowing GWC to provide integrated logistics services such as customs clearance, warehousing, and inventory man

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By Web Administrator July 31, 2025

Tariffs alter trade dynamics: Air freight in the Asia-Pacific region experiences a 50% impact from tariff increases.

The Asia-Pacific air freight markets are currently facing significant disruptions due to new US tariffs set for August 1, 2025. This has led to increased freight rates and capacity bottlenecks, partic

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