News Articles
The owner of Calvin Klein is experiencing increased inventory expenses as a result of tariffs.
PVH Corp. reported rising inventory costs, which affected its gross margin, with expectations of further impacts due to tariffs in the upcoming quarter. In the last quarter, inventory costs rose by 3%
Read MoreCanada Post has come to provisional contract agreements with the union.
Canada Post and the Canadian Union of Postal Workers (CUPW) have reached tentative labor contracts for urban and rural mail carriers, pending ratification by CUPW members, during which no strikes or l
Read MoreUSMCA evaluation: 5 supply chain challenges the US intends to tackle.
The U.S. has established its negotiating stance ahead of the USMCA's review next summer, aiming to implement changes before considering an extension. While the agreement has seen a rise in U.S. export
Read MoreFedEx will incur a $175 million loss during the peak season due to the grounding of its MD-11 aircraft.
FedEx has alerted investors that the grounding of its MD-11 cargo fleet, following a fatal UPS crash, will cost the company $175 million during the crucial holiday shipping season. This grounding, man
Read MoreMY FREIGHTER has established an interline agreement with Cargojet to facilitate access in Canada.
MY FREIGHTER has established an interline agreement with Cargojet to enhance its access to the Canadian market, as announced by Abdulaziz Abdurakhmanov, CEO of Centrum Holding. This partnership is vit
Read MoreCathay's cargo volumes increased by 10% compared to the same month last year in November 2025.
The Cathay Group reported a 10% increase in cargo tonnage for November 2025, fueled by strong demand on major trade routes and robust export volumes from Hong Kong and mainland China. Available Freigh
Read MoreFreighter activities at Mumbai airport will be suspended starting August 2026.
Chhatrapati Shivaji Maharaj International Airport (CSMIA) in Mumbai will temporarily suspend dedicated freighter operations from August 2026 to May 2027 due to necessary runway re-carpeting and the co
Read MoreMaersk improves links throughout the Americas.
A.P. Moller – Maersk has opened a new depot in Manzanillo, Mexico, with an investment of over USD 15 million to enhance the country's logistics network. Located near the busy Manzanillo Port, the 31,0
Read MoreDP World and Thames Freeport have officially started construction on The Hive.
DP World and Thames Freeport have initiated construction on The Hive, a £13m innovation and amenities hub at London Gateway Logistics Park, aimed at enhancing skills and opportunities in the Thames Es
Read MoreThe launch of NMIA establishes Navi Mumbai as a growing center for air cargo.
Navi Mumbai International Airport, set to open on December 25, aims to transform air logistics in western India, emphasizing cargo operations alongside passenger services. Designed as a multimodal fac
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