APMT has secured a 49% ownership stake in the HHIT terminal, a significant shipping facility in Haiphong, northern Vietnam. This strategic move marks a notable expansion of APMT’s operational footprin
by Update: FedEx Freight battles weak US industrial sector ahead of spinoff
FedEx Freight, the company’s less-than-truckload (LTL) division, currently confronts notable challenges. Its latest quarterly financial results clearly indicate struggles, primarily stemming from weak
by US Resin Producers Eye New Global Markets Amid Supply Shifts
US resin producers are actively exploring new international customer bases. This strategic shift follows significant disruptions in global supply chains. The closure of the Strait of Hormuz, a critica
by UNFI Leverages AI for Enhanced Inventory Management
UNFI, a leading wholesale food distributor, embarks on a significant technological upgrade. The company initiates the rollout of an advanced AI-powered inventory planning tool. UNFI identifies this sy
by Toyota Advocates for Sustained Trilateral USMCA Structure
Toyota and its suppliers are actively advocating for the United States-Mexico-Canada Agreement (USMCA) to maintain its trilateral framework. This push comes amidst an ongoing review of the trade pact.
by Strategic Shift Fuels FedEx’s Peak Season Success
FedEx recently concluded its most profitable peak season in company history. This significant financial milestone coincides with the ongoing implementation of its ambitious Network 2.0 strategic trans
by Cosco Flags Amplified Supply Chain Volatility Amid Middle East Conflict
Cosco, China’s largest shipping company, has issued a significant warning regarding the profound impact of ongoing geopolitical tensions. The company anticipates that the Middle East war will consider
by EU Advances US Trade Deal with Built-in Safeguards
The European Union is moving forward to resume its trade deal with the United States. This significant step involves the advancement of two legislative proposals aimed at implementing the agreement. C
by Perishable Shipments Face Uncertain Future Amid Gulf Disruptions
Refrigerated containers, commonly known as reefers, destined for the Persian Gulf are currently stranded in terminals outside the region. This situation has developed due to disruptions, implicitly li
by Norfolk Harbor Deepening Expands ULCV Capacity
Norfolk, Virginia, is significantly enhancing its port capabilities through a crucial dredging project. This initiative will deepen its harbor to a substantial 55 feet. This infrastructure upgrade dir