News Articles
Honda executive states that US tariffs could lead to a $20 billion effect.
Honda Motor Co. is preparing for the potential impact of a 25% tariff on imports, which could cost the company over $20 billion, according to Global EVP Shinji Aoyama. To mitigate these effects, Honda
Read MoreWalmart broadens its same-day delivery services.
Walmart has expanded its same-day delivery service to reach 93% of U.S. households, up from over 80% in October 2023, demonstrating significant growth in its delivery network. The retailer utilizes ne
Read MoreAccording to the CEO, Nestlé is mostly unaffected by the effects of tariffs.
Nestlé's CEO, Laurent Freixe, stated that the company is largely insulated from tariff impacts due to its localized manufacturing, producing around 90% of its U.S. sales domestically. CFO Anna Manz no
Read MoreSAA Cargo has designated Zeal Global as its General Sales Agent in India.
South African Airways (SAA) Cargo has appointed Zeal Global Services as its general sales agent in India, highlighting the significance of the Asian market following the relaunch of its Perth route. E
Read MoreQatar Airways Cargo will be the host for the ATA Conference in 2025.
The Animal Transport Association (ATA) Conference 2025 in Doha, Qatar, gathered 146 industry professionals to address the future of live animal transport. Key discussions focused on AVI handling, anim
Read MoreFreightos reported a 25% increase in revenue for the fourth quarter and a 17% rise in revenue for 2024.
Freightos reported a 25% increase in Q4 2024 revenue, reaching $6.6 million, driven by growth from its WebCargo platform and customs services. Gross Booking Value surged 50% to $280.7 million, surpass
Read MoreGlobal GSA Group names a new Chief Commercial Officer.
Global GSA Group has appointed Zafer Aggunduz as Chief Commercial Officer, effective February 2025. He will lead the company's global commercial strategy, focusing on airline partnerships, market expa
Read MoreThe Mayor of Miami-Dade County is set to reveal MIA's unprecedented expansion in 2024.
Miami-Dade County Mayor Daniella Levine Cava and Miami International Airport Director Ralph Cutié, along with county officials and airport staff, will celebrate MIA's record passenger and cargo growth
Read MoreThe Senate has approved the appointment of the commerce secretary.
Howard Lutnick was confirmed as the 41st Secretary of Commerce, taking on the role of implementing President Trump's tariff policies. He will oversee the U.S. Trade Representative's office, managing t
Read MoreStanley Black & Decker is reducing its production in China in response to the introduction of tariffs.
Stanley Black & Decker is adjusting its supply chain to manage higher costs from recent tariffs on imports from China, anticipating a financial impact of $10-$20 million in 2025 if tariffs remain at 1
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