News Articles
Heathrow's closure disrupts cargo and passenger services.
London Heathrow Airport, the largest international airport in the UK, will remain closed until 11:59 PM on March 21, 2025, due to a significant power outage caused by a fire at a nearby electrical sub
Read MoreDP World partners with Reliance Industries.
DP World and Reliance Industries have partnered to create a logistics solution for the petrochemicals sector by transitioning product transport from road to rail. This new system connects Reliance's J
Read MoreYusen and Toyota Argentina reach a significant milestone in efficiency.
Argentina's logistics sector is advancing toward efficiency and sustainability with the introduction of the first 30.25-meter, 75-ton bitren, which operates from the Port of Buenos Aires to the Zárate
Read MoreFedEx's revenue for the third quarter increased slightly to $22.2 billion, but the outlook remains weak.
FedEx reported a 2% revenue increase to $22.2 billion for the third quarter ending February 28, 2025, while net income fell from $1.09 billion to $0.91 billion. The Federal Express segment saw improve
Read MoreFMC will investigate seven maritime chokepoints to enhance shipping conditions.
The Federal Maritime Commission (FMC) is investigating transit constraints at key maritime chokepoints that may be affecting shipping conditions. The investigation will focus on seven chokepoints, inc
Read MoreKroger monitors its vulnerability to produce tariffs.
Kroger is assessing the potential effects of rising tariffs on its Fresh business, especially produce, according to interim CFO Todd Foley. He noted that Kroger has less exposure to these tariffs comp
Read MoreInsights from 25 retail executives regarding tariffs.
Retailers are adapting to recent tariff changes, with executives discussing strategies during earnings calls. Walmart's CEO expressed confidence about managing tariffs, while other retailers noted var
Read MoreMinor adjustments: Companies and trade organizations provide their input.
Businesses and industry groups are divided over the future of the de minimis exemption, which allows duty-free entry of products valued under $800 into the U.S. Proposed changes by U.S. Customs and Bo
Read MoreNissan and SK On have announced a $661 million agreement for the supply of electric vehicle batteries.
Nissan Motor Corp. has signed a $661 million agreement with SK On to enhance electric vehicle (EV) production in North America. Under the deal, SK On will supply Nissan with approximately 100 GWh of h
Read MoreMNG Airlines has secured a long-term lease for an A330-300P2F aircraft from Stratos.
Istanbul's MNG Airlines has received an A330-300 converted freighter on a long-term lease from Stratos, an aircraft investment firm. This 11-year-old aircraft, registered as TC-MCP, was converted in M
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