UPS to cut 20,000 jobs in network reconfiguration
And so it starts. UPS, while announcing a better-than-expected profit, also enthused investors with its ...
So Amazon’s first quarter results are out – and it did well. A first-quarter revenue of $51bn is not bad, leading to a $1.9bn operating income. We’ll go through the results to check on its supply chain and logistics businesses, but here is a good initial overview from Business Insider.
Keep our news independent, by supporting The Loadstar
Spot rates on transpacific surge after news of tariff time-out
European port congestion now at five-to-six days, and getting worse
'Cargo collision' expected as transpacific capacity tightens and rates rise
Houthis declare blockade of port of Haifa – 'vessels calling will be targets'
Another CMA CGM vessel heading for Suez Canal – 'to mitigate schedule delay'
News in Brief Podcast | Week 20 | 90-day countdown, India and Pakistan
Threat to airport operations as India revokes security clearance for handler Çelebi
South America will benefit as air cargo traffic diverts from the transpacific
CMA CGM will carry on investing after 'solid' Q1, despite unclear outlook
Demand for transpac airfreight capacity returning – but 'it's not ecommerce-driven'
Air cargo forwarders stick to spot rates – a long-term contract would be 'foolish'
Comment on this article