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A former Biden official stated that the de minimis overhaul will begin before the next president takes office.
The regulatory process to revise the de minimis exemption is set to begin soon, with expectations for a Notice of Proposed Rulemaking (NPRM) possibly by late November or early December, according to T
Read MoreHasbro's revamp of its supply chain results in cost savings for 2024.
Hasbro's CFO and COO, Gina Goetter, highlighted the company's successful supply chain reconfiguration as a key factor in achieving significant cost reductions, with approximately 60% of the $177 milli
Read MoreIncreases in tariffs may be on the horizon, and Stanley Black & Decker is prepared for them.
Stanley Black & Decker has been preparing for potential changes in U.S. tariff policies since spring, according to CEO Donald Allan. The company plans to shift production and supply chain operations f
Read MoreReasons for a new FedEx facility employing automation without incorporating robotics.
FedEx has enhanced its Memphis World Hub by introducing a new automated sorting facility, the Secondary 25, which spans 1.3 million square feet and can process 56,000 packages per hour. This facility,
Read MoreTrue Value prepares for the closure of its Oregon warehouse as it navigates bankruptcy.
True Value is planning to close its regional distribution center in Springfield, Oregon, following a Chapter 11 bankruptcy filing. The hardware retailer intends to sell its operations to Do it Best Co
Read MoreBernardo Nunes rejoins Chapman Freeborn in the role of Global COO.
Bernardo Nunes has been appointed Chief Operating Officer at Chapman Freeborn, returning after serving as Director of Transformation and Analytics. With over 25 years of experience in air cargo and fi
Read MoreCathay Group welcomes industry participants to take part in its Sustainable Aviation Fuel (SAF) initiative.
Ronald S.P. Lam, CEO of Cathay Group, urged aviation leaders to support Sustainable Aviation Fuel (SAF) to reduce industry emissions and move towards a greener future. Since launching its Corporate SA
Read MoreMaersk launches its inaugural bonded warehouse in Vietnam.
Maersk has inaugurated its first bonded warehouse in Vietnam at SLP Park, Hai Phong, marking a significant step in expanding its operations in Northern Vietnam amid rising import and export demands. T
Read MoreAttention is currently focused on the US Presidential elections, according to Dimerco.
The upcoming U.S. Presidential elections on November 5, 2024, may significantly impact global trade, especially with concerns about potential tariffs on Chinese goods, prompting businesses to expedite
Read MoreDHL's revenue for the third quarter increased by 6%, while net profit decreased by 7%.
DHL Group reported a revenue increase of six percent to €20.6 billion for Q3 2024, despite sluggish market conditions. Operating profit remained stable at €1.4 billion, significantly higher than pre-p
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