News Articles
Amazon launches drone delivery service in Arizona.
Amazon has launched Prime Air drone deliveries in the West Valley Phoenix Metro Area, allowing customers to receive eligible items weighing five pounds or less within an hour from its Tolleson site. S
Read MoreLufthansa Cargo strengthens collaborations in China.
Lufthansa Cargo is strengthening its strategic partnerships in China, with CEO Ashwin Bhat recently signing agreements with Shanghai Airport Authorities, Air China Cargo, and China Postal Express & Lo
Read MoreThe ISM reports slight expansion in the services sector for October.
In October, the services sector continued its positive momentum, marking its fourth consecutive month of growth, with the Services PMI reaching 57.2, up from 54.9 in September. This figure is the high
Read MoreTrump's re-election indicates shifts in global trade, supply chains, and the U.S. trucking sector.
Former President Donald Trump’s return to the White House is poised to significantly alter supply chain and freight logistics industries. He has pledged to increase tariffs on imports, aiming for 10%-
Read MoreFedEx has launched a new automated facility at its World Hub in Memphis.
FedEx has launched a new automated facility at its Memphis World Hub ahead of the holiday season, enhancing its logistics capabilities. This state-of-the-art, LEED-certified facility, which is part of
Read MorePrologis suggests that a soft landing scenario may result in an increase in rent as the imbalance between demand and supply levels out.
The latest Industrial Business Indicator (IBI) from Prologis reveals challenges in the U.S. logistics market, noting a utilization rate of 84.4%, below the normal range. Key findings include a 3% decl
Read MoreAPM Terminals reveals new management at the Port of Salalah.
APM Terminals and the Port of Salalah have appointed Steven Yoogalingam as the new Managing Director, starting 1 November 2024. Yoogalingam previously served as Managing Director at the Suez Canal Con
Read MoreFedEx influences economic growth throughout the Middle East.
FedEx Corp. has released its FY 2024 economic impact report, showcasing its global role in fostering local prosperity. Collaborating with Dun & Bradstreet, the report highlights the "FedEx Effect," wh
Read MoreWays to enhance demand predictions for new product categories.
Demand planners face challenges in forecasting demand for new product families, often resulting in discrepancies between initial forecasts and actual sales. A case in point is Apple's iPhone X launch,
Read MoreAir freight rates have increased on the majority of routes.
Air freight rates saw significant increases on major routes, with the global Baltic Air Freight Index rising by 4.1% for the week ending November 4, marking a 10.9% gain over the past year. This rise
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