In a welcomed turn of events for the trucking industry, truck tonnage levels for July 2024 have shown modest growth, bringing a glimmer of hope to a sector that has been grappling with fluctuating volumes for over a year. According to data released by the American Trucking Associations (ATA), this
Canada's two largest rail companies, Canadian National Railway (CN) and Canadian Pacific Kansas City (CPKC), are facing a significant labor dispute with the Teamsters Canada Rail Conference (TCRC), which represents over 9,000 employees. A potential nationwide work stoppage could begin on August 22,
The rapid evolution of technology continues to redefine countless industries, and logistics is no exception. One of the most transformative innovations reshaping modern logistics is drone package delivery. With the global drone package delivery market projected to reach USD 8,572.49 million by 2032
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.
