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Wong: U-Freight Positioned for Soaring Market

According to a report from market research provider Transport intelligence (Ti), the global e-commerce logistics and fulfillment market is forecast to grow 15.5 percent in 2025. CEO Simon Wong said U-Freight Group, the Hong Kong-based international freight forwarding and logistics group, is ready to meet the ever-increasing challenges of providing logistics service to an ever-expanding global trade. The Ti report, according to Wong, “says that whilst President Trump’s intention to abolish the ... [+]

TGP Taps Andrews for Business Development Role

Trans Global Projects said Michael Andrews has returned to TGP as business development director, an international role based at TGP’s new headquarters in Sevenoaks, UK. Andrews brings more than 37 years of extensive experience in project logistics and business development. His career spans several decades and ... [+]

Port Downturn No Surprise for Port of LA’s Seroka

The severe downturn in U.S. imports following Trump’s 145 percent tariffs against China and similar exorbitant rates across the Pacific Rim and the world has been no surprise for the nation’s port officials.             “It’s not a surprise to us. We knew what the impact of ... [+]

Fracht USA Makes Senior Appointments

Fracht North America has made three C-level appointments to key executive positions for the logistics and freight forwarding service provider. Neville Darlaston, who has been with Fracht USA, has been named chief operating officer-general cargo, based in Houston. Jerry Campanucci has been promoted to chief commercial officer-general ... [+]

Consumer Confidence Falls to Pre-Covid Levels

U.S. consumer confidence slumped for a fifth-month to a 13-year low, a level not seen since the onset of the Covid-19 pandemic, as anxiety over the impact of tariffs takes a heavy toll, the Associated Press reported. The non-partisan think tank Conference Board said April 29 ... [+]

Ryanair Would Cancel Boeing Orders Due to Tariffs

Ryanair would consider cancelling planes it has on order from Boeing if U.S. tariffs materially affect the price and look at alternative suppliers, its CEO Michael O'Leary said May 1. Ryanair, Europe's largest airline by passenger numbers, is due to take delivery of the final 29 ... [+]

US House Votes to Rescind California Truck Rules

The U.S. House of Representatives on April 30 voted to rescind the Environmental Protection Agency's 2023 approval of California's plans to require a rising number of zero-emission heavy-duty trucks, Reuters reported. The House also voted to repeal an EPA waiver issued in December under former President ... [+]

Hapag-Lloyd Lowers ’25 Result Despite Record Q1

German container shipping line Hapag-Lloyd reported first quarter first quarter earnings up 17 percent, while forecasting lower earnings expectations for 2025. Operating profit jumped 24 percent, to US$500 million in the first quarter, while revenue rose nearly 19 percent to US$5.1 billion. Strong demand pushed transport ... [+]

Logility Finds Gaps, Gains in GenAI Supply Chain

Despite escalating tariffs, labor shortages and digital disruption, supply chain leaders are betting big on GenAI. Yet, a new report reveals that many organizations are still struggling to convert investment into impact. Logility, an AI-driven supply chain management leader, recently released its Supply Chain Horizons 2025 ... [+]

US Chamber Hires Capitol Hill Veteran Andres

The U.S. Chamber of Commerce on April 23 said it has hired 15-year Capitol Hill veteran Doug Andres as vice president of political communications. Andres held senior communications roles for top party leaders in the House and Senate, most recently serving as national press secretary for ... [+]

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