News Articles
Whirlpool is set to invest $300 million in its facilities located in Ohio.
Whirlpool has announced a $300 million investment in its laundry manufacturing facilities in Ohio, expecting to create up to 600 new jobs in Clyde and Marion. The Clyde facility is the world's largest
Read MoreWhat options does Trump have for implementing tariffs?
President Trump's tariff strategies, including the use of the International Emergency Economic Powers Act (IEEPA), will be examined by the Supreme Court next month following previous federal court rul
Read MoreAccording to ShipMatrix, FedEx and Amazon are expected to see an increase in holiday shipping volume in 2025.
During the 2025 peak season, U.S. package deliveries are projected to increase by 5% to approximately 2.3 billion packages, primarily due to an additional shopping day. However, challenges such as tar
Read MoreJB Hunt reports that shippers anticipate a busy holiday season, even with their efforts to frontload shipments.
Shippers remain optimistic about a traditional holiday peak season despite earlier cargo frontloading to avoid tariffs, according to J.B. Hunt's EVP of Sales and Marketing, Spencer Frazier. While ocea
Read MoreGlasgow Prestwick Airport has introduced a new cargo route to China.
Glasgow Prestwick Airport has teamed up with Beijing Capital Airlines to introduce a four-times-weekly freighter service to Zhengzhou, enhancing e-commerce and export potential for Scottish and UK pro
Read MoreUSPS is set to open 14 new sorting and delivery facilities next month.
The U.S. Postal Service is set to open 14 new sorting and delivery centers on November 1, including seven in California. These centers will centralize operations previously conducted by local delivery
Read MoreLovesac reports significant advances from its four-step tariff strategy.
The Lovesac Company, a direct-to-consumer furniture retailer, is implementing a four-point strategy to address tariff costs, which includes negotiating with suppliers, diversifying its supply chain, r
Read MoreOcean rates have reached their lowest point since late 2023.
Ocean freight rates have plummeted to their lowest levels since late 2023, influenced by trade war-related frontloading and increased supply, with Transpacific prices decreasing by 8% week over week.
Read MoreStellantis intends to invest $13 billion to enhance its manufacturing operations in the United States.
Stellantis announced a $13 billion investment in the U.S. over the next four years to increase vehicle production by 50% and enhance its market share. The plan includes upgrading five facilities acros
Read MoreFrontier and ATSG have introduced a worldwide air network for temperature-sensitive pharmaceutical products.
Frontier Scientific Solutions and Air Transport Services Group (ATSG) have partnered to enhance the delivery of temperature-sensitive pharmaceuticals through a dedicated air corridor. This collaborati
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