News Articles
CN reveals a debt offering amounting to $750 million.
CN (TSX: CNR) (NYSE: CNI) has announced a public debt offering of $750 million in 4.375% Notes due 2034, expected to close on September 18, 2024, pending customary conditions. The proceeds will be use
Read MoreSK Tes has established a facility in the Rotterdam port region.
SK tes, an international battery recycling company, is launching a new facility in the Rotterdam port area to recycle spent lithium batteries, electric vehicle batteries, and production scrap. This pl
Read MoreWill the new president of Mexico support or obstruct the manufacturing industry?
Since the pandemic, many U.S. companies have shifted manufacturing from China to Mexico, investing over $25 billion according to the U.S. Department of Commerce. With Claudia Sheinbaum set to become M
Read MoreAccording to the Commerce Department and the National Retail Federation, retail sales in August have increased.
August retail sales in the U.S. increased by 0.1% from July to $710.8 billion, with a 2.1% annual rise, driven by higher wages and lower inflation. Non-store retailers, including e-commerce, surged by
Read MoreMesse München has purchased the Air Cargo Americas Conference & Exhibition.
Messe München has acquired the Air Cargo Americas Conference & Exhibition from the World Trade Center Miami, enhancing its logistics portfolio. While the World Trade Center will remain a strategic par
Read MoreKale Logistics Solutions has named Tribhuwan Negi as their Chief Technology Officer.
Kale Logistics Solutions has appointed Tribhuwan Negi as their new Chief Technology Officer (CTO), bringing nearly 25 years of experience in developing large-scale SaaS platforms and global R&D organi
Read MoreEmployers are increasingly laying off workers, indicating a lack of economic stability.
In August, U.S. employers announced nearly 76,000 job cuts, a significant rise from around 26,000 in July, marking the highest August total since 2009, excluding the pandemic spike in 2020. Factors dr
Read MoreDHL Express increases its air cargo capacity for the peak season.
DHL Express is investing €100 million to enhance its air cargo and ground handling capabilities in preparation for the anticipated increase in global e-commerce sales, projected to rise by 8.8% in 202
Read MorePurple overhauled its supplier and logistics system. Here's the reason behind it.
In Q2 2024, Purple Innovation reported significant improvements in its gross margin, which rose to 40.7% from 30.1% the previous year, due to effective supply chain enhancements. These initiatives inc
Read MoreFedEx announces a 5.9% increase in rates and higher surcharges for 2025.
FedEx announced a 5.9% increase in package and freight shipping rates effective January 6, 2025, impacting U.S. deliveries and international shipments. This includes hikes in Ground Economy, Internati
Read More