Air cargo capacity between China and Europe has recently seen a sharp reduction. This downturn directly correlates with the European Union’s decision to eliminate a significant duty-free import rule.
by Freight Forwarders Urge Halt to New IATA Air Waybill Rules
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
by MSC Deepens India Port Investment with Vizhinjam Hub Stake
Shipping major MSC is significantly expanding its footprint in the Indian port sector through a $1.4 billion terminal deal with Adani. This agreement underscores the global carrier’s growing strategic
by Advance Auto Parts Accelerates Same-Day Delivery with OneRail Expansion
Advance Auto Parts significantly strengthens its logistics framework by expanding its partnership with OneRail, a strategic move designed to bolster the retailer’s same-day fulfillment capabilities. T
by CBP Expands Tariff Refund Capabilities
U.S. Customs and Border Protection (CBP) has launched the first of two planned expansions for its tariff refund system. This enhancement aims to streamline the process for importers seeking duty refun