News Articles
J&J anticipates a tariff expense of $400 million for this year.
In the first quarter, Johnson & Johnson's medtech sales reached $8.02 billion, marking a 2.5% year-over-year increase, despite facing a $400 million charge due to U.S. tariffs. The cardiovascular sect
Read MoreTrump's tariffs are designed to reverse years of decline in the manufacturing sector. Will they be effective?
President Trump has promoted tariffs as a means to boost U.S. manufacturing investment, claiming they will lead to job growth and enhance domestic technological capabilities. Despite economists warnin
Read MoreDHL halts B2C shipments to the US for items valued over $800.
DHL is halting business-to-consumer shipments over $800 to the U.S. starting Monday, due to new trade regulations requiring formal customs processing for these shipments. This suspension, which will r
Read MoreKale will implement digital solutions for MCH operations at the airport in Mexico City.
Kale Info Solutions has teamed up with México Cargo Handling (MCH) to implement the GALAXY air cargo community system, aimed at digitizing operations. This system will enhance export, import, and tran
Read MoreLATAM Cargo highlights important achievements.
At the World Cargo Symposium, LATAM Cargo Group highlighted its sustainability efforts, particularly in waste management and wood reuse. The company's strategy focuses on shared value, climate change,
Read MoreGSK launches a vaccine distribution center in Abu Dhabi.
GSK has inaugurated a new regional vaccine distribution center in Abu Dhabi, aimed at meeting the vaccine demand in the Gulf Cooperation Council region. Jonathan Symonds, GSK's Chairman, emphasized th
Read MoreSaudia Cargo and WFS have initiated the integration of ONE Record with CHAMP.
Worldwide Flight Services (WFS), a subsidiary of SATS, and Saudia Cargo have launched the integration of ONE Record, facilitated by CHAMP Cargosystems’ 1Neo-Connect service. This integration standardi
Read MoreThe future of 'de minimis': Four questions that shippers need to think about.
The U.S. will end the de minimis exemption for products from China and Hong Kong on May 2, which allows items under $800 to enter without duties. This decision, prompted by increased scrutiny and tari
Read MoreThe Trump administration has been instructed to restart funding for the IRA.
A federal judge has ordered the Trump administration to immediately reinstate funding from the Inflation Reduction Act and the Infrastructure Investment and Jobs Act, which had been frozen on his firs
Read MoreOcean freight rates experience an increase amid tariff disruptions.
Ocean container rates from Asia to North America experienced a slight increase, with rates to the U.S. West Coast rising by 10% to $2,465 per forty-foot equivalent unit and rates to the East Coast up
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