News Articles
Walmart highlights cost reductions resulting from ongoing automation initiatives.
Walmart has achieved a 20% reduction in unit costs year-over-year with its automated fulfillment centers, expecting over 30% cost improvement by 2025. The company is retrofitting over half of its dist
Read MoreAccording to Werner, discussions about tariffs with shipping companies indicate a 'confused' perspective.
Werner Enterprises faced a $5.8 million operating loss in Q1 due to reduced customer activity linked to tariff uncertainties. CEO Derek Leathers noted a mixed outlook from suppliers and customers, cit
Read MoreThe United States and the United Kingdom have come to an agreement regarding tariffs and access to markets.
The U.S. and U.K. have reached a trade agreement involving tariffs and market access, marking the first deal from the Trump administration since the announcement of global reciprocal tariffs. The U.S.
Read MoreEmirates SkyCargo's revenue for fiscal year 2025 reached $4.4 billion, accounting for 11% of the overall revenue for the group.
Emirates SkyCargo reported a 7% increase in cargo volume, reaching 2.3 million tonnes for FY2024-2025, driven by the addition of new freighters and improved market conditions. The cargo division gener
Read MoreIndian airports managed 3.7 million tonnes of cargo in the fiscal year 2025.
In the financial year 2024-25, Indian airports processed 3.7 million tonnes of cargo, marking a 10% increase from the previous year. International cargo rose by 14% to 2.32 million tonnes, while domes
Read MoreCEVA Logistics is growing with the launch of a significant eco-friendly warehouse in Singapore.
CEVA Logistics has commenced construction on a significant new warehouse in Jurong Industrial Estate, Singapore, which will span around 143,000 square meters and be one of the country's largest logist
Read MoreChina Airlines has confirmed an order for four B777-8F aircraft, along with options to purchase four additional units.
Boeing has announced that China Airlines is its newest 777X customer, placing an order for four 777-8 freighters and ten 777-9 passenger aircraft, with options for additional purchases. This marks Chi
Read MoreLufthansa Cargo successfully transported a 22-year-old bear named Trishka to Belgium.
Lufthansa Cargo successfully transported Trishka, a 22-year-old bear, from Kazakhstan to a sanctuary in Belgium, showcasing their expertise in live animal logistics. Rescued as a cub after losing her
Read MoreBIFA reorganizes its policy and compliance team.
The British International Freight Association (BIFA) has appointed Pawel Jarza as the new director of policy, compliance, and external affairs amid a restructuring of its team. Jarza, who has over 20
Read MoreEmirates Group publishes its Annual Report for 2024-25.
The Emirates Group's 2024-25 Annual Report showcases record profits, revenue, and cash balances, solidifying its position as the world's most profitable aviation group. Emirates achieved a profit befo
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