Compared to multiple LCL (less-than-container load) or FCL (full-container-load) shipments, the consolidation process allows shippers to increase load rates and reduce overall transportation costs. Typically, these consolidation services are handled by freight forwarders, who are also usually licensed NVOCCs.

MSC and Maersk operated 17.4 and 16.6% of the world liner fleet, respectively. CMA CGM ranked third ith a share 12.8%. Data sources by Alphaliner.

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.

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.

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.

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.

"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.

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.

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.

The latest ranking of countries with the highest default risk in 2022 released by the data website Visual Capitalist, Argentina ranked 7th....