US imports are projected to hit an all-time high in July. This significant surge concludes an early peak season. It is driven primarily by a pre-tariff push. Retailers report this heightened activity
by Nexcade Secures $6 Million to Enhance AI Logistics Automation
UK-based artificial intelligence technology provider Nexcade has successfully secured $6 million in new funding. This significant investment aims to advance the company’s mission of automating shipmen
by Maersk Introduces North American Battery Freight Service
Maersk has launched a new, dedicated freight service for lithium-ion batteries across North America. This significant initiative expands the company’s hazardous materials logistics network. The move d
by Update: Nike expects nearly $1B in IEEPA tariff refunds
Title: Nike Projects Nearly $1 Billion in Tariff Refunds
Update: Nike expects nearly $1B in IEEPA tariff refunds Nike, the global sportswear giant, anticipates receiving nearly $1 billion in total ref
by Update: Gulftainer unveils plan for Middle East ‘integrated logistics ecosystem’
Title: Gulftainer Charts Course for Middle East Logistics Integration
Gulftainer, a port operator based in Sharjah, has unveiled its strategic plan to develop an integrated logistics ecosystem across
by Intermodal Growth Manageable, But Caution Remains
Current concerns regarding service data amidst intermodal growth are largely considered overstated, though this assessment carries a crucial caveat: “for now.” The intermodal sector has experienced on
by Apple Forges Major Chip Supply Pact with Broadcom
Apple has formalized a substantial agreement with Broadcom for the development and supply of custom chips. This partnership, valued at approximately $30 billion, is projected to facilitate the product
by Tech Sectors Propel Air Cargo Demand Amid Slowing Growth
Global air freight spot rates climbed a significant 38% year-over-year in June. This notable surge in demand primarily stems from robust activity within the artificial intelligence (AI) and semiconduc