In a bid to transform its logistics and improve its last-mile delivery capabilities, Tractor Supply Co. has embarked on a multi-year initiative focused on bringing more of its final-mile operations in-house. The announcement was made during an investor presentation by Colin Yankee, EVP and Chief
FedEx Corporation has recently made waves in the business world by announcing a strategic corporate restructuring move: separating its less-than-truckload (LTL) subsidiary, FedEx Freight, into a standalone publicly traded entity. This significant decision, set to be implemented over the next 18
The Federal Government's recent initiative to reduce transport fares by 50% has garnered widespread appreciation from passengers across Nigeria. This scheme, aimed at alleviating the financial burden on travelers during the festive season, has seen a significant turnout at motor parks in
The maritime industry has been navigating through turbulent waters over the past few years, marked by significant disruptions and evolving trends. As we approach 2025, the sector faces a complex landscape shaped by historical challenges, current geopolitical tensions, and shifting consumer
Recent developments in the air cargo industry have showcased a notable decline in both tonnages and rates after enjoying a peak in the fourth quarter. WorldACD Market Data has shed light on this downward trend experienced particularly in the second full week of December, a situation strongly
The recent Kamaka Air plane crash in Honolulu has brought to light the fragility and volatility of Hawaii's interisland transport infrastructure. This incident, involving a Cessna 208B aircraft, has had significant repercussions on the communities of neighbor islands, which depend heavily on
