News Articles
A letter initiated by the NRF urges the ILA and USMX to restart negotiations for the Master Contract.
Negotiations for a new Master Contract between the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) have stalled, prompting 267 trade associations, led by
Read MoreCEVA enhances its foothold in Spain.
CEVA Logistics has enhanced its operations in Spain with a new 18,000-square-meter logistics facility in Tarragona, Catalonia, aimed at bolstering its presence in key sectors like automotive, retail,
Read MoreSCCT achieves an important milestone.
The Suez Canal Container Terminal (SCCT) marked a key milestone in its expansion project with the arrival of the Zhenhua 35 vessel in November, delivering essential equipment, including four Super Pos
Read MoreIn November, rates reach their highest point for 2024, while tonnages decrease by 2%.
In November 2023, global air cargo rates reached a new high of $2.76 per kilo, despite a slight two percent drop in flown tonnages compared to October. Demand and pricing remain significantly elevated
Read MoreAmazon is accused of not providing Prime delivery services in certain areas of Washington, DC.
Since mid-2022, a civil lawsuit filed by Washington, D.C.'s attorney general claims Amazon violated consumer protection laws by secretly reducing delivery services for Prime members in two underserved
Read MoreHow retailers prepared their supply chains for the holiday rush in 2024.
The 2024 holiday shopping season presents challenges for retailers due to a five-day reduction in the critical period between Black Friday and Christmas, pushing consumers to shop earlier, particularl
Read MoreDick's Sporting Goods is set to revisit its tariff strategies from the initial Trump administration.
Dick's Sporting Goods plans to implement strategies used in 2018 and 2019 to address potential new tariffs, as stated by CFO Navdeep Gupta. With uncertainty surrounding tariff impacts, Gupta noted the
Read MoreFedEx intends to implement layoffs in North Carolina as part of its Network 2.0 initiative.
FedEx is set to lay off employees in North Carolina as part of its initiative to merge its Express and Ground networks, resulting in the permanent closure of its Durham ship center, affecting 123 work
Read Morednata Logistics is set to develop a 57,000 square meter facility in Dubai South.
dnata Logistics has commenced construction on a 57,000m² warehouse in Dubai South, enhancing its role as a key player in the emirate's logistics sector. This AED 100 million ($27 million) facility, ne
Read MoreAir cargo demand rose by 10% in November, indicating that "the industry has demonstrated its maturity."
In November, global air cargo demand continued to surge, marking a 13th month of double-digit growth with a 10% year-on-year increase. This growth, driven by e-commerce, coincided with a modest 2% ris
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