Global logistics execs brace for a recession
Nearly 70% of global logistics executives say they are bracing for a recession amid higher costs, slowing demand, ongoing supply...
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Expeditors faced with $2.1M lawsuit after cyberattack
Forwarder and logistics service company Expeditors is facing a $2.1 million lawsuit brought from customer iRobot Corporation for an alleged...
DSV posts strong 2022 results despite Q4 downturn
DSV’s Air & Sea freight forwarding division posted strong results for full-year 2022 despite declining financial performance and business activity...
Airfreight demand ticks up before Lunar New Year
With the Lunar New Year beginning Jan. 22, carriers and forwarders alike are preparing for an uptick in air cargo...
Delta, United CEOs urge more funding for FAA
The chief executives of Delta Air Lines and United Airlines have called for greater funding of the Federal Aviation Administration...
National Air Cargo in talks to charter BelugaST
Orlando-based National Air Cargo is in negotiations to charter the BelugaST from Airbus later this year as customer demand for...
Consultant Insight: Semiconductor production expands amid softening demand
Geopolitical concerns are driving semiconductor production growth beyond Asia, where 75% of semiconductors are currently produced. Global semiconductor supply chains...
Consultant Insight: US manufacturing activity slows
As 2022 ended, U.S. manufacturing activity declined while inventory levels remained high. The 2023 outlook is cautiously optimistic, with demand...
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