A ship carrying more than 3,000 cars to Mexico was abandoned in the middle of the Pacific Ocean after catching fire June 3, highlighting a growing risk to the transportation of electric vehicles.
June 4, 2025Search
Showing 10 of 302 results
DHL Flies 17 Endangered Mountain Bongo Antelopes to Kenya
DHL Express transported 17 endangered mountain bongo antelopes from Florida to a conservation site in Kenya, the company announced in the spring.
May 28, 2025Pershing Square Buys Amazon Stake After 31% Stock Price Drop
Bill Ackman’s Pershing Square Capital Management built a new stake in Amazon, noting that the investor acquired shares at an “extremely attractive” price.
May 23, 2025China-US Trade Soars in Race to Hit Trade Truce Window
A temporary trade truce between the world’s two largest economies has sparked a knee-jerk bounce across China’s ports and factory floors.
May 21, 2025Amazon Issues Backdated Refunds in Policy Review
Amazon customers are suddenly getting refunds for products they purchased and returned as far back as 2018, along with apologies from the retailer after it discovered “unresolved” issues.
May 21, 2025FedEx Names CEO, Chairman for Spun-Off Freight Unit
The appointments will take effect after the separation of FedEx Freight from FedEx Corp., which the company expects to complete by June 2026.
May 20, 2025DHL Buys IDS Fulfillment to Beef Up US E-Commerce Division
The acquisition of Plainfield, Ind.-based e-commerce fulfillment and retail distribution logistics provider IDS is intended to boost DHL’s reach among small and midsize customers.
May 16, 2025Tariff Truce Boosts Global Shippers
Importers rushing to ship Chinese goods to the U.S. using a short reprieve from paralyzing tariffs could provide a much-needed boost to global freighters including Maersk and Cosco.
May 16, 2025Walmart Says It Will Raise Prices Due to Tariff Costs
Walmart’s first-quarter profit slipped and it said it must raise prices due to higher costs from tariffs implemented by President Donald Trump.
May 15, 2025Hapag-Lloyd CEO Sees ‘Huge Surge’ in Volume in Last Few Days
Hapag-Lloyd is seeing a jump in business after the U.S. and China lowered tariffs, the company’s CEO said, as the trade war ceasefire unleashes a wave of pent-up demand for shipping.
May 14, 2025