A prominent group representing freight forwarders is urging a halt to the implementation of new air waybill rules introduced by the International Air Transport Association (IATA). They warn that these
by CMA CGM Bolsters North American Logistics with $1.4 Billion Acquisition
French shipping and logistics conglomerate CMA CGM has finalized a significant acquisition, purchasing FedEx Supply Chain in a deal valued at $1.4 billion.
This strategic takeover is set to substantia
by UPS Enhances Cold Chain Logistics with $48 Million Investment
UPS has committed a substantial $48 million investment to significantly upgrade its healthcare logistics network. This strategic financial injection specifically targets cross-dock facilities, aiming
by Update: Coca-Cola to close Massachusetts bottling plant
Global beverage giant Coca-Cola has announced the impending closure of its bottling plant in Massachusetts. This significant strategic decision, actively planned over several years, will lead to the l
by CMA CGM to Acquire FedEx Logistics Unit in $1.4 Billion Deal
Global shipping and logistics conglomerate CMA CGM has announced its plan to acquire FedEx Supply Chain, the contract logistics division of FedEx, for $1.4 billion. This significant transaction will r
by USMCA Extension Blocked, Annual Review Initiated
The United States has opted against a swift extension of the US-Mexico-Canada Agreement (USMCA), its trilateral free trade pact. This decision by Washington consequently triggered the agreement’s stan