At 2025’s halfway point, it’s still anyone’s guess as to the impact new tariffs and government upheaval will have on the U.S. economy, admitted National Retail Federation Chief Economist Jack Kleinhenz July 8.
“This year began with high expectations for the strength of the U.S. economy,” Kleinhenz said, noting strong 2.8 percent year-over-year growth in gross domestic product in 2024 that was led by consumer spending and helped by business and ...
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DHL Global Forwarding said Michael Young will assume the role CEO for the U.S. Aug. 1, replacing Robert Reiter, who will exit the company to move abroad and explore other professional opportunities.
Young, serving as CEO of DHL Global Forwarding UK & Ireland since 2016 and president of Global Motorsports, has ...
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GEODIS said it has appointed Laura Ritchey as president and CEO of the global transport and logistics provider Americas region. She succeeds Mike Honious, who is retiring from the industry.
Ritchey will oversee the management and growth of the region’s multiple business units across North and South America, including contract logistics, ...
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FedEx Corp. said the International Air Transport Association, or IATA recognized the integrated giant’s Global Healthcare Quality Program with the CEIV Pharma Corporate Certification.
The corporate-level certificate for the company’s hubs and ramps validates FedEx’s quality management system and its ability to deliver end-to-end logistic services in compliance with the increasingly ...
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UK freight and logistics provider Davies Turner has signed a partnership agreement with Manitoulin Global Forwarding, or MGF, the Canadian transportation specialist.
Davies Turner said the collaboration significantly enhances its ocean freight capabilities for the Canadian market, including improved service coverage, faster transit times and increased supply chain efficiency.
The partnership follows ...
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The Oregon Legislature on June 30 approved a landmark US$100 million investment in the Pacific Coast Intermodal Port, or PCIP, a transformative public-private project that will create a container terminal in the Port of Coos Bay.
The PCIP project will establish a modern, ship-to-rail container terminal that connects southwest Oregon to ...
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Global ship recycling could double to 16,000 ships, totaling more than 700 million deadweight tonnes over the next 10 years, said Niels Rasmussen, chief shipping analyst at BIMCO.
The Danish international shipping association for shipowners updated its estimate following the entry into force of the Hong Kong International Convention for the ...
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Ocean Network Express held a naming ceremony for the ONE Singapore, the sixth vessel in a series of 20 ammonia/methanol ready container vessels at the Hiroshima Shipyard of Imabari Shipbuilding Co. Ltd. in Japan.
The 13,900 TEU Singapore-flagged vessel, which is methanol and ammonia-ready, follows the successful integration of ONE Sparkle ...
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Parcel service giant DHL said it will “moderately increase” prices for private customer parcels and small packages sent abroad, effective July 1.
DHL said it will adjust parcel prices for different country zones variably and more cost-oriented. In many zones and weight categories, parcel prices will remain stable.
Additionally, DHL will classify ...
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GEODIS has opened an office in Guadalajara, Jalisco, to support the growth of the global logistics provider’s growing nearshoring freight forwarding business in Mexico.
The Guadalajara office, GEODIS’s second-largest operations center in Mexico, will become a shared services center, including key logistics operations for the entire Americas region, the company said. ...
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