News Articles
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
Read MoreTrump 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
Read MoreUPS 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
Read MoreDAT 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
Read MoreGWC 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
Read MoreTariffs 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
Read MoreUNP and NSC will establish the first transcontinental railroad in the United States.
Union Pacific Corporation and Norfolk Southern Corporation have announced a landmark agreement to establish America's first transcontinental railroad, linking over 50,000 miles across 43 states. This
Read MoreLogistics UK reacts to the announcement made by HMT.
Jonathan Walker, Head of Infrastructure and Planning Policy at Logistics UK, welcomed the announcement of a £66 million transport investment for Scotland by His Majesty’s Treasury. He emphasized the i
Read MoreEtihad Airways partners with Azul Brazilian Airlines.
Etihad Airways and Azul Brazilian Airlines have established a frequent flyer partnership, allowing members of both the Etihad Guest and Azul Fidelidade programs to earn and redeem loyalty points on ea
Read MoreTariffs are expected to increase the costs associated with trade compliance, according to the Federal Reserve.
U.S. companies are facing increased trade compliance costs due to tariffs imposed by the Trump administration, which may add between 1.4% and 2.5% to the value of goods. Manufacturers could incur annu
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