News Articles
Cargo 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
Read MoreOcean shipping companies are preparing to implement surcharges for the Panama Canal.
CMA CGM and MSC are set to introduce surcharges for cargo transiting the Panama Canal, effective January 2025, due to a new booking reservation system aimed at managing increased operational costs. MS
Read MoreCostco plans to accelerate its inventory purchases due to uncertainty surrounding tariffs.
Costco Wholesale is preparing for potential tariffs, which CFO Gary Millerchip acknowledges will create uncertainty regarding their impact. To mitigate costs, the company plans to adjust inventory buy
Read MoreSouthern Glazer's has been taken to court by the FTC over allegations of pricing discrimination.
The Federal Trade Commission (FTC) is suing Southern Glazer’s Wine and Spirits for allegedly engaging in price discrimination by providing volume discounts and rebates to large retail chains while den
Read MoreEtihad Cargo expands its freighter network by including Paris CDG.
Etihad Cargo, the logistics arm of Etihad Airways, will begin a weekly freighter service to Paris Charles de Gaulle Airport on January 7, 2025, adding over 100 tonnes of cargo capacity and marking its
Read MoreMandy Deakin-Snell will head the NeX e-Commerce Global Academy Program.
NeX e-Commerce has appointed Mandy Deakin-Snell as the new Head of the Global Academy Programme, bringing extensive leadership experience in e-commerce and logistics. Her notable career includes roles
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