News Articles
Ford terminates a $6.5 billion battery supply agreement with LG Energy Solution.
Ford Motor Co. has ended its $6.5 billion contract with LG Energy Solution for battery cells intended for electric vehicles, effective December 17. This decision aligns with Ford's strategic shift awa
Read MoreDuluth Trading's initiatives to adjust inventory deliveries are yielding positive results.
Duluth Trading Co. anticipates a significant year-over-year decrease in inventory levels by the fiscal year's end, driven by SKU reductions and optimized receipts, as noted in a recent earnings call.
Read MoreAcademy Sports and Outdoors proudly highlights its successes in cargo frontloading.
Academy Sports and Outdoors expressed confidence in its inventory strategy during a recent earnings call, as EVP and CFO Earl Ford noted no regrets about frontloading inventory earlier in the year to
Read MoreThe US collects $1 billion in duty revenue following the elimination of the de minimis threshold.
In 2025, the U.S. collected over $1 billion in duty revenue from more than 246 million low-cost shipments after abolishing the de minimis exemption, which previously allowed imports under $800 to ente
Read MoreMenzies Aviation expands into Belgium by obtaining a freighter license in Brussels.
Menzies Aviation has entered the Belgian market by securing a seven-year freighter handling licence at Brussels Airport (BRU). This development expands Menzies' global presence, which now includes ove
Read MoreB&H Worldwide manages the transfer of Bell 429 helicopters between India and Singapore.
B&H Worldwide, a global aerospace logistics specialist, has enhanced its rotary-wing logistics services by successfully transporting a Bell 429 helicopter from India to Singapore for maintenance at Be
Read MoreLATAM carries an uncommon white baby rhinoceros from Chile to Brazil.
LATAM Cargo Group successfully transported a rare southern white rhinoceros named Atanasio from Chile to Brazil on December 2, following over a year of meticulous planning with SPARX Logistics. Born i
Read MoreRZD Logistics arranges a trial shipment.
JSC RZD Logistics has conducted a test shipment of 40-foot containers filled with polymers for a major chemical company in the Samara region. The cargo will travel via a multimodal route, part of the
Read MoreLogistics UK reacts to the rise in the speed limit in Scotland.
In response to Transport Scotland's decision to raise the speed limit for HGVs on trunk roads to 50mph, Alexandra Herdman from Logistics UK emphasized that this change will significantly reduce carbon
Read MoreWFS has secured a 20-year lease for a new air cargo facility at Heathrow.
Worldwide Flight Services (WFS), a SATS company, has secured a 20-year lease for a new 11,000m² air cargo warehouse at London Heathrow Airport, set to be operational by 2027. This facility aims to enh
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