The U.S. Chamber of Commerce is strongly lobbying to tweak – not trash – the North American Free Trade Agreement (NAFTA.) And it’s not just transport companies who are leading the charge within the Chamber, U.S. Business Roundtable and other Washington lobbyist heavyweights, reports Logistics Management Magazine After fruitless talks south of
Logistics
FedEx may get $1.5 billion boost from tax cut
Air France-KLM introduces ‘What Counts’ service bundle
Air France-KLM-Martinair Cargo is introducing a new bundle of services – including cargo booking capabilities – for small and medium-sized enterprises, under the name “What Counts.” The services include a loyalty program based on Air France-KLM’s BlueBiz program for passengers, through which cargo customers can earn credits to spend on airline
FedEx Corporation (FDX) Expects a Record Holiday Season
FedEx Corporation (NYSE: FDX) continued its positive momentum when the company reported strong earnings and sales numbers in its fiscal second quarter. FedEx now appears to be well-positioned for a huge holiday delivery season that could propel its stock even higher in the coming months. FedEx reported adjusted earnings per share of $3.18 on
RED STAR E-COMMERCE FESTIVE PROMO: THE SAGA CONTINUES…
Kenya woos Uganda to revive standard gauge railway extension talks
President Uhuru Kenyatta and his Uganda Counterpart Yoweri Museveni at State House Nairobi Nairobi - (BD) Kenya is selling to Uganda the reduced cost of clearing and moving goods from the Mombasa Port to Uganda, and the standard gauge railway, to revive its bid to extend the line to its neighbour. Uncertainty hit the
FedEx quarterly profit rises on strong package volume, global economy
(Reuters) - Package delivery company FedEx Corp on Tuesday reported a better-than-expected quarterly net profit due to strong global demand and increased volumes during the peak holiday shipping season, but said its results were hit by lingering effects from a June cyber attack on its Dutch TNT Express unit. The Memphis-based company, often
UPS reserves 125 Tesla semi-trucks, largest public pre-order yet
FILE PHOTO - Tesla's new electric semi truck is unveiled during a presentation in Hawthorne, California, U.S., November 16, 2017. REUTERS/Alexandria Sage/File Photo DETROIT (Reuters) - United Parcel Service Inc said on Tuesday it is buying 125 Tesla Inc all-electric semi-trucks, the largest known order for the big rig so far, as the
Air cargo demand, yield growth to continue into Q1 2018, IATA says
Loading platform of air freight to the aircraft This year, as most air logistics people already know, was wildly successful in terms of demand growth. But the expected return to reality, according to the International Air Transport Association (IATA), may not come for at least another quarter into the new year,
UPS bets on blockchain as the future of the trillion-dollar shipping industry
The world is run by trade. Freight and logistics in the U.S. alone account for nearly $1.5 trillion annually (2015 data). As the world’s economies scale up, that number is only expected to increase as we become more dependent on the international supply chain for our goods and services. The industry, however, is