Global Freight

About Global Freight News...
BusinessTechnologyLogisticsPrivateGlobal FreightTop 100Top 50

Amazon Posts Strong Q4 Earnings, but Stock Dips on Q1 Outlook

Amazon on Feb. 6 reported better-than-expected revenue and profit for the holiday shopping period, but its share price dipped in after-hours trading due to disappointing guidance for Q1.

February 7, 2025
GovernmentBusinessLogisticsFor-HirePrivateGlobal Freight

Logistics Agents Put 30% Levy on Shein, Temu Retailers

Chinese retailers that sell on Shein and Temu have been asked by logistics agents to start paying an additional 30% levy after President Donald Trump hiked tariffs on goods imported to the U.S. 

February 6, 2025
GovernmentBusinessLogisticsGlobal Freight

US Postal Service Resumes Accepting Packages From China

The U.S. Postal Service on Feb. 5 said it’s accepting “all international inbound mail and packages” from China and Hong Kong Posts, hours after the agency announced a halt on some shipments.

February 5, 2025
GovernmentBusinessLogisticsPrivateGlobal Freight

Amazon to Face Legal Action After Layoffs in Quebec

Amazon.com Inc.’s decision to close all seven of its warehouses in the Canadian province of Quebec and terminate more than 1,900 workers is prompting legal action from the affected union.

February 4, 2025
BusinessLogisticsFor-HireGlobal FreightTop 100

UPS Posts 1.5% Revenue Growth; Shares Fall on Amazon Deal

UPS Inc. experienced revenue and earnings growth despite a tougher freight market in the fourth quarter of 2024, the parcel delivery company reported Jan. 30.

January 30, 2025
GovernmentBusinessLogisticsGlobal Freight

US, UK Ships Return to Red Sea on Houthis’ Vow to Hold Fire

British and American ships are tentatively returning to the Red Sea after Yemen’s Houthi rebels vowed to hold off attacks on vessels linked to both nations.

January 28, 2025
BusinessTechnologyLogisticsPrivateGlobal FreightTop 100

Whole Foods CEO Buechel Named Amazon’s Grocery Chief

Buechel, a former management consultant, joined Whole Foods in 2013, and led efforts to unify the formerly decentralized chain’s technology and record-keeping systems.

January 28, 2025
GovernmentBusinessTechnologyLogisticsPrivateGlobal Freight

Amazon Layoffs Prompt Canada to Review Government Deals

Canada’s industry minister said Amazon’s decision to shut down all warehouses in Quebec and cut close to 2,000 jobs would prompt the government to examine its current deals with the company.

January 24, 2025
BusinessLogisticsPrivateGlobal Freight

Amazon to Close All Warehouses in Quebec

Amazon.com Inc. will shut down all warehouses and lay off employees in the French-speaking Canadian province of Quebec.

January 22, 2025
GovernmentBusinessSafetyLogisticsGlobal Freight

Shipping Giant MSC Says It Will Avoid Red Sea for Now

Container liner Mediterranean Shipping Co. said it will continue to send its ships around Africa’s southern tip until further notice.

January 21, 2025