The US trade deficit dramatically expanded in July, increasing by 32.5 % to $ 78.3 billion, according to a report issued by the Ministry of Trade Economic Analysis Office mentioned by Reuters. This increase was driven by a record flow of capital goods and other goods, which pushed imports sharply up, and if this trend…
KENCO has acquired the 3PL external agencies on the 3pl arm of the Ontario -based Drexel Industries in a move that will add four material sites and 100 employees to the growing Canadian fingerprint in Kenco. The four Drexel Industries warehouses, all of which are located in London, Ontario, are equal from Toronto, Detroit and…
press release Dubai, United Arab Emirates, May 5, 2025 Kuehne+ Nagel, a leading global logistical company, has appointed Lyon Derdorian as administrative manager of the Gulf Cooperation Council Group+, which includes Bahrain, Iraq, Jordan, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates, as of June 1, 2025. With nearly two decades of experience…
Zim is redirecting its ships away from the Turkish ports after the government in banning Ankara on the port calls by the ships associated with Israel. The local agent of the carrier has warned that “the owned ships, or run or run by an entity related to Israel”, and any ship bearing a military shipment…
press release Aden Brary, Minnesota, July 30, 2025 – Ch Robinson Worldwide, Inc. (“CH Robinson”) (Nasdaq: Chrw) Today I mentioned financial results for the quarter ending on June 30, 2025. The second quarter is highlighted: The continuous performance that is presented through the discipline implementation of the company’s strategy Initiatives Total profits increased by 0.4…
Global container shipping rates show stability marks after months of fluctuations that depend on customs tariffs, although industry expectations warn of sharp declines. Also read: Excess face charging containers until 2028 The Drewry container index decreased by 3 % this week to $ 2350 per container 40 feet, which represents a weekly decrease in a…
Physical signs are still a powerful tool for leading business results, even in the world of digital today. In international markets, designer signs can be well communicated with various fans, attract attention, and enhance participation. Among the signs of annihilation on real estate real estate to the culturally air -conditioned advertising panels, physical signs provide…
The global logistical services industry passes a shift, and at the heart of this development lies rapid expansion of third -party logistics (3PL). According to recent expectations, the 3PL market is about to exceed 4 trillion US dollars by 2034, and is paid by globalization, the prosperity of e -commerce, technological progress, and the increasing…
The pioneering container line in South Korea has told HMM Loadstar that it contains its attention on the new TECON 10 Mega at the Brazilian port. “We are thinking about participating in the Tecon 10 … … To read this article you need to subscribe. Help us to continue investing in the award -winning independent…
Borderlands is a weekly set of developments in the world of USA and border trade. This week: definitions of job losses in border factories in Mexico; Echo Global Logistics joins the American Customs Trade Security Program; Mexico set the record with $ 34 billion in foreign investment over two years. A tariff tariff that pays…