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NEWS & BLOG

LATEST NEWS ON LOGISTICS INDUSTRY

2022
DATE
08 - 22
Top 25 Air Cargo Carriers (IATA) in 2021
The top 25 global air cargo carriers are newly released. Source: IATA 2021 World Air Transport Statistics. FedEx has once again topped IATA's cargo rankings.
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2022
DATE
08 - 19
Amazon to Charge Peak Season Fee for Fulfillment Services
From October 15th to January 14th, third-party sellers using Fulfillment by Amazon (FBA) must pay $0.35 per item sold in the U.S. or Canada.
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2022
DATE
08 - 19
Walmart Q2 2023 (Q2 FY23) Earnings Revenue of $152.9 Billion
Walmart Q2 2023 earnings revenue was $152.9 billion, up 8.4% year-on-year; net profit was $5.147 billion, up 17.9% year-on-year; net profit attributable to listed companies was $5.149 billion, up 20.4% year-on-year.
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2022
DATE
08 - 19
Walmart cancels Billions in Orders due to Excess Inventory
Walmart said it has canceled billions of dollars in orders while reducing some products that are not favored by consumers in order to bring inventory levels in line with projected demand levels.
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2022
DATE
08 - 18
Top 100 Largest Logistics Companies in North America
"Transport Topics" announced the ranking of Top 100 Largest Logistics Companies in North America. C.H. Robinson Worldwide, Expeditors, and UPS ranked the top three; Kuehne + Nagel Americas and J.B Hunt Transport ranked fourth and fifth respectively. Of the 6-10 positions, XPO Logistics and DSV are 6th and 7th.
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2022
DATE
08 - 18
Top 10 Strongest Logistics Brands 2022
Recently, the ranking of "Top 10 Strongest Logistics Brands 2022" released by Brand Finance, a global authoritative brand value evaluation agency, shows that SF Express and JD Logistics entered the top 10, SF Express ranked 4th, and JD Logistics ranked 8th. In addition, UPS, FedEx, and USPS are on the list.
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2022
DATE
08 - 18
Maersk acquisition Viking to cope container fires
In cope to container fires, Maersk recently announced the acquisition of Viking Life-Saving Equipment, It will provide fire fighting tools for Maersk's entire container fleet.
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2022
DATE
08 - 18
Argentina Hyperinflation in 2022, 7th Highest Default Risk
The latest ranking of countries with the highest default risk in 2022 released by the data website Visual Capitalist, Argentina ranked 7th....
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2022
DATE
08 - 18
ZIM container ship ZIM CHARLESTON fire in containers
The ZIM container ship "ZIM CHARLESTON", near the port of Colombo, Sri Lanka, had a fire in the hold of its cargo containers, damaging about 300 containers.
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2022
DATE
08 - 17
Refrigerated Transportation | Door to Door Service
Refrigerated container transport for your refrigerated cargo & frozen cargo. Refrigerated Transportation to USA, Canada, Latin America, Europe & Southeast Asia.
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