News Articles
FedEx seeks a smooth transition for customers with the separation of its Freight division.
FedEx plans to spin off its less-than-truckload unit, FedEx Freight, within the next 18 months, maintaining its name and continuing to collaborate with FedEx through agreements. CEO Raj Subramaniam as
Read MoreAmazon warehouse employees are striking during the busy holiday season.
Unionized Amazon workers in several U.S. cities, including New York and Atlanta, have initiated a strike, supported by the Teamsters union, due to Amazon's refusal to engage in union negotiations, low
Read MoreDimerco reports an unforeseen increase in air cargo volume starting in mid-December.
Air cargo volumes have surged unexpectedly since mid-December, diverging from typical seasonal trends, according to a Dimerco report. This increase, driven by factors like port strikes, tariffs, and a
Read MoreDHL eCommerce collaborates with CTT Expresso for parcel shipping in the Iberian region.
DHL eCommerce and CTT Expresso have formed a strategic partnership to enhance parcel delivery in Spain and Portugal, which will significantly impact the e-commerce sector. DHL will acquire a 25% stake
Read MoreEFW achieves a milestone of six million lightweight panels.
Elbe Flugzeugwerke GmbH (EFW), a key player in Airbus passenger-to-freighter conversions and lightweight components, has achieved a significant milestone with 6 million lightweight panels produced at
Read MoreCargo volume at the Port of Los Angeles increased by 16% in November.
In November, the Port of Los Angeles handled 884,315 Twenty-Foot Equivalent Units (TEUs), marking a 16% increase from the previous year. Year-to-date, the port has processed 9,375,735 TEUs, 19% ahead
Read MoreAydin Alpa has been named the Chief Executive Officer of ALCS.
Aydin Alpa has been named the Chief Executive Officer of ALCS Global Logistics Services and Trade. He has approximately 40 years of experience in the logistics industry, having worked in North America
Read MoreEFW has successfully redelivered its first A330P2F aircraft from its facility in Guangzhou.
Elbe Flugzeugwerke (EFW), a collaboration between ST Engineering and Airbus, has successfully re-delivered its first A330P2F aircraft after modifications at ST Aerospace (Guangzhou) Aviation Services
Read MoreWill the ILA go on strike in January? Analysts provide their insights.
As the contract between the International Longshoremen’s Association (ILA) and the United States Maritime Alliance approaches its January 15 expiration, concerns rise over a potential strike. Recently
Read MoreThe Federal Reserve reduces its primary interest rate and indicates a potential decrease in easing measures in 2025.
The Federal Reserve has reduced the main interest rate by a quarter percentage point, marking its third consecutive cut since September, while suggesting a potential slowdown in future reductions. Thi
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