Logistics News
- US TEU Imports Decline, Near Pre-Pandemic LevelsAccording to Descartes' November report on the global shipping crisis and logistics and supply chain professionals, U.S. container imports have fallen in November to near pre-pandemic November 2019 levels.U.S. containerized imports in November 2022 fell 12.0% from October to 1,954,179 TEU. ComparedLogistics News December 16, 2022
- New EU Battery Regulation ImplementationOn 9 December European time, the EU Parliament and the EU Council reached a provisional agreement on the EU Battery Regulation to overhaul the EU's battery rules and to take into account technological developments and future challenges. This means that the Council and the Parliament have agreed on tLogistics News December 15, 2022
- TOP 10 Global Container Terminal Operations 2022Lloyd' List released the top 10 global container terminal operations in 2022. The ranking combines factors such as container throughput, growth, and .....Logistics News December 01, 2022
- Walmart FY2023 Q3 Earnings Revenue of $152.8 billionWalmart reported total revenue of $152.8 billion for the FY2023 Q3, achieving strong revenue growth of 8.7% with strong performance across market segments.Logistics News November 18, 2022
- TOP 50 Global Freight Forwarders 2022Recently, Transport Topics, in conjunction with SJ Consulting Group, announced the 2022 Top 50 ranking of global freight forwarders.The list is based on the revenue of freight business in 2021 and covers a wide range of transportation modes such as sea, air, rail and truck.Unlike before, the list inLogistics News November 25, 2022
- Amazon plans to lay off approximately 10000 employeesAmazon plans preparing to lay off about 10,000 people, which is the largest round of layoffs ever, and will account for about 3% of its total workforce (excluding hourly workers).Logistics News November 15, 2022
- Canada ban single-use plasticsOn June 22, 2022, Canada issued SOR/2022-138 "Single-use Plastics Prohibition Regulations", which prohibits the production, import and sale of 7 single-use plastic products in Canada. With some special exceptions, the manufacture and import of these products are prohibited. The single-use plastic poOn June 22, 2022, Canada issued SOR/2022-138 "Single-use Plastics Prohibition Regulations", which prohibits production, import & sale of 7 single-use plastic ..Logistics News November 15, 2022
- A wave of layoffs is sweeping the US 2022So far this year, Amazon, Apple, Intel, Twitter and other technology companies have announced hiring freezes or layoffs .....Logistics News November 14, 2022
- International Trade Settlement in Indian Rupees (INR)Starting from 11th, India has officially launched the rupee settlement mechanism for international trade. The mechanism requires Indian importers to pay …..Logistics News November 14, 2022
- TOP 10 Busiest Container Ports in the USTOP 10 busiest container ports in the U.S. based on 2021 container throughput. 1. Port of Los Angeles, California - 10.7 million TEU throughput by 2021...........Logistics News October 25, 2022