News Articles
The removal of de minimis affects Lululemon's fulfillment strategy.
Lululemon has lowered its revenue and earnings expectations for 2025 due to the end of the de minimis exemption and increased tariffs, according to CEO Calvin McDonald. The company is implementing str
Read MoreTruckload volumes decreased in August as the surge from frontloading diminished.
In August, the truckload market experienced a slowdown with a decrease in loads following a surge in July driven by tariffs, as per DAT Freight & Analytics. The Truckload Volume Index fell by 8% for d
Read MoreMars signs agreements for clean energy to reduce carbon emissions in its supply chain.
Mars has entered into its first U.S. clean energy contracts with Enel to decarbonize its supply chain and fulfill electricity needs. The power purchase agreements will develop renewable energy project
Read MoreSilk Way West expresses confidence in the delivery schedules for its freighters, although it has raised concerns regarding certification.
Silk Way West Airlines, an Azerbaijani cargo airline, is actively renewing its fleet, receiving new freighters ahead of schedule while expressing concerns about certification delays for future models.
Read MoreSGL expands into India with a focus on small and medium-sized enterprises and enhanced trade opportunities.
Scan Global Logistics (SGL), a Danish freight forwarding company, has officially expanded into the Indian market after significant global growth through acquisitions. SGL's CEO, Allan Melgaard, emphas
Read MoreBoeing predicts that aerospace supply chains will need to increase in size by twofold within the next ten years.
Boeing indicates improvements in the aerospace supply chain, yet capacity remains a challenge for the air cargo sector. Darren Hulst, Boeing's VP of Commercial Marketing, highlighted the industry's ne
Read MoreEvelyn Palla will take over for Dr. Richard Lutz at DB.
Deutsche Bahn AG's Supervisory Board has appointed Evelyn Palla as the new Chair of the Management Board and CEO, effective October 1, 2025, following the departure of current CEO Dr. Richard Lutz on
Read MoreAPM Terminals has entered into a Memorandum of Understanding with the Nigerian Ports Authority.
APM Terminals’ West African Container Terminal (WACT) and the Nigerian Ports Authority have formed a strategic partnership to promote decarbonisation in Nigeria's port and transport sectors. This agre
Read MoreDHL Express enhances air cargo services in Hanoi to accommodate the increase in technology exports.
DHL Express has enhanced its air cargo capacity from Hanoi by over 300 tonnes weekly, facilitating Vietnam's access to major global markets amid rising demand for tech exports. The new flights, operat
Read MoreLuxcargo Handling embraces digital transformation with IBS software.
Luxcargo Handling, the ground handling arm of Cargolux, is collaborating with IBS Software to enhance its operations in Luxembourg by implementing the iCargo CTO system. This upgrade from legacy syste
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