Navigating the volatile landscape of the air cargo industry, Jae Dong Eum, Senior Vice President and Head of Cargo Business Division at Korean Air, outlines a comprehensive strategy to ensure Korean Air Cargo continues thriving in the face of economic uncertainty and shifting market dynamics. The
In a significant development for international trade, Urumqi, China, has inaugurated its second TIR logistics hub, a move aimed at enhancing the efficiency of trade routes under the Belt and Road Initiative. This new facility promises to offer a comprehensive suite of services, catering to TIR
In an era defined by digital transformation, the U.S. last-mile delivery market is experiencing significant investment inflows. This wave of capital is driven by evolving consumer behaviors and the continued rise of e-commerce, necessitating advances in logistics and supply chain operations.
The freight trucking industry has been mired in a persistent recession since 2022, driven by declining demand, elevated interest rates, and inflationary pressures, which have a multitude of companies navigating tough financial waters. These harsh conditions have compelled numerous logistics firms
As Canada faces a looming labor dispute involving its two primary railroads, Canadian National Railway and Canadian Pacific Kansas City (CPKC), there is growing concern about the potential broader impacts on the nation's economy. The possibility of simultaneous work stoppages starting as early
In a move aimed at revolutionizing its operations and securing a competitive edge in the air cargo industry, MAB Kargo has announced a strategic partnership with Unisys. This collaboration will see the implementation of Unisys's advanced logistics optimization solution designed to enhance MAB
