News Articles
Guide for Shippers on Strikes at East and Gulf Coast Ports
Shippers have less than two weeks to formulate contingency plans in case of a strike by the International Longshoremen’s Association (ILA) at East Coast and Gulf Coast ports, with their current contra
Read MoreLinehaul rates increase annually despite a difficult August.
In August, national average van linehaul rates rose by 3 cents to $1.60 per mile, marking the first increase since March 2022, while reefer rates increased by 1 cent to $1.96 per mile. Despite this, c
Read MoreFedEx is optimistic that shippers will agree to pay higher fees during the holiday season.
FedEx plans to implement higher peak season surcharges in 2024 to enhance profitability after a challenging quarter, according to EVP Brie Carere. The surcharges will primarily impact large-scale cust
Read MoreHactl transforms old uniforms into repurposed cups.
Hong Kong Air Cargo Terminals (Hactl), the largest independent handler in the region, has initiated a zero-waste uniform upcycling project that transformed old staff uniforms into 5,000 upcycled cups.
Read MoreSATS and Sinotrans are set to investigate global project opportunities.
SATS and Sinotrans Air Freight (Sinoair) have partnered to enhance ground and cargo handling services, establishing gateway hubs in Singapore, Malaysia, Indonesia, Saudi Arabia, and Belgium. They are
Read MoreFedEx's net income for the first quarter of fiscal year 2025 fell by 27% due to decreased demand.
FedEx reported a 27% drop in net income to $790 million for Q1 of fiscal 2025, with a slight revenue decline of 0.5% to $21.6 billion. This was attributed to a demand shift from priority to deferred s
Read MoreCathay Cargo and Menzies have extended their collaboration in Australia and New Zealand.
Cathay Cargo has extended its partnership with Menzies Aviation for ground handling services in the South West Pacific for another five years. Menzies has been a partner since 2014, serving all Cathay
Read MoreKuehne+Nagel launches a new distribution center for adidas.
Kuehne+Nagel has launched a new adidas distribution center in Mantova, Northern Italy, marking its largest investment of €350 million. This logistics hub emphasizes digitalization and sustainability,
Read MoreThe EPIC Framework: A resource for supply chain managers during times of global upheaval.
In August 2024, the University of Tennessee's Global Supply Chain Institute released the "EPIC Index Update and Country Risk Report," highlighting the myriad risks facing global supply chains, includi
Read MoreSilk Way West Airlines becomes a global air cargo partner for COP29.
Silk Way West Airlines has been named the global air cargo partner for COP29, set to occur in Baku in November 2024. This partnership underscores the airline's commitment to sustainability and aligns
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