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Air Canada Adjusts Cargo Strategy: Removes Two New Boeing Freighters from Fleet
Air Canada has temporarily removed two Boeing 767-300 freighters from service. This strategic move reflects a reassessment of its ambitious
Aug 8, 20241 min read
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CMA CGM Integrates Google AI to Enhance Shipping and Logistics Operations
In a significant move to advance its shipping and logistics operations, CMA CGM Group has announced a partnership with Google to integrate a
Jul 25, 20242 min read
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Tesla's Q2 Profits Plummet Amid Rising EV Competition and Factory Delays
Tesla has announced a significant decline in its second-quarter profits for 2024, attributing the downturn to increased competition in the e
Jul 25, 20242 min read
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SEC Charges Two More Executives in $112 Million Trucking Ponzi Scheme
The U.S. Securities and Exchange Commission (SEC) has expanded its crackdown on a $112 million Ponzi scheme tied to the now-defunct Royal Be
Jul 24, 20242 min read
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UPS Faces Challenges Amidst Shift to Economy Services and Rising Labor Costs
UPS, a leading logistics and parcel delivery company, has experienced a mixed second quarter.
Jul 24, 20243 min read
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German Startup Secures Funding for Advanced Container Logistics Platform
Berlin-based startup Northbound has successfully raised $1.4 million (€1.3 million) in pre-seed funding to enhance its container logistics p
Jul 12, 20242 min read
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Rising Air Cargo Rates: E-Commerce Demand and Maritime Constraints Drive Surge
The air cargo market is currently experiencing a surge driven by a blend of factors, including increasing e-commerce demand and maritime con
Jul 12, 20243 min read
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Japan's Innovative Solution to Combat Labor Shortage: The Conveyor-Belt Highway
Japan’s Ministry of Land, Infrastructure, Transport and Tourism (MLIT) has introduced a groundbreaking proposal to address the nation’s seve
Jul 9, 20242 min read
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Hurricane Beryl Forces Closure of Major Texas Ports
As Hurricane Beryl made landfall early Monday morning in southeast Texas, major ports along the Gulf Coast, including Houston, Corpus Christ
Jul 8, 20242 min read
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The Surge in Ocean Freight Rates: Causes and Implications
The current spike in ocean freight rates, driven by the ongoing Red Sea crisis, has created a challenging and costly environment for shipper
Jul 5, 20243 min read
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DHL Partners with Northern Air Cargo for Western US Service Loop
DHL Express has expanded its network of contractors by adding Northern Air Cargo (NAC) to its roster, a strategic move aimed at enhancing it
Jul 5, 20242 min read
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DOT Awards $1.8 Billion for Freight Projects
The U.S. Department of Transportation (DOT) has unveiled a significant funding initiative aimed at rejuvenating the nation’s aging infrastru
Jul 2, 20243 min read
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Supreme Court Ruling Empowers Freight Carriers in Regulatory Challenges
Freight carriers may find themselves in a stronger position to contest regulations following a pivotal U.S. Supreme Court decision.
Jul 2, 20242 min read
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Tackling Cargo Theft: California Congressman Proposes New Bill
Cargo theft is a growing issue in the United States, and one California congressman is taking action to address it.
Jun 28, 20242 min read
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Hyundai's EV Campus Drives Growth at Georgia Ports
The Georgia Ports Authority (GPA) has experienced a significant surge in cargo volumes, largely driven by Hyundai's forthcoming electric veh
Jun 24, 20242 min read
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IKEA Partners with HMM to Slash Ocean Transport Emissions
In a significant step towards achieving its environmental goals, IKEA has partnered with HMM (Hyundai Merchant Marine) to utilize their Gree
Jun 24, 20242 min read
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Diesel Prices See First Increase in Ten Weeks: What’s Driving the Surge?
For the first time since early April, diesel prices have risen, ending a ten-week streak of declining costs.
Jun 18, 20243 min read
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Strengthening America's Supply Chain Resilience: Biden's New Executive Order
On June 14, President Joe Biden issued a significant executive order to bolster America's supply chain resilience, officially establishing t
Jun 18, 20242 min read
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Air Incheon Chosen as Preferred Bidder for Asiana’s Freighter Business Amid Korean Air Merge
In a significant development for South Korea’s aviation industry, Korean Air has announced Air Incheon as the preferred bidder for Asiana Ai
Jun 17, 20242 min read
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FMCSA Approves 25% Fee Hike for Carriers and Brokers: What It Means for the Industry
The Federal Motor Carrier Safety Administration (FMCSA) has announced a significant fee hike for motor carriers, brokers, and leasing compan
Jun 17, 20242 min read
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