According to a report issued by Impact International, global trade is still rooted in exploitative practices in 2025. The organization indicates that About 27.6 million workers Around the world are trapped in forced labor situations, and another 152 million children are involved in unethical labor practices. Read also: How digital payments are redrawing the map…
The three main segments of the U.S. trucking market continue to swing in different directions as carriers struggle for revenue amid a cloudy economic outlook and muted peak expectations, according to a report from AFS Logistics and TD Cowen. Specifically, the latest data shows that truckload carriers are struggling with persistent excess capacity and low…
Aluminum servers and artificial intelligence are contributing to global air freight rates rising — but freight forwarders don’t expect it to lead to peak season after all. TAC Index, which this week launched daily spot air freight indicators, including new routes from Hong Kong and India… To read this article you need to subscribe. Help…
The United States and China agreed on Thursday to halt tit-for-tat duties on each other’s ships that have become a major irritant in the broader trade war between the world’s two largest economies and driving up shipping costs. Reuters reported the agreement. Read also: Oil prices rise after the framework agreement on trade between the…
US Customs and Border Protection (CBP) will use artificial intelligence (AI) to help it detect illicit shipments, the practice of manipulating supply chains to hide a product’s true country of origin. CBP says some organizations use transshipment to evade tariffs, trade restrictions and sanctions. To prevent the practice, the agency has now awarded a “multi-million-dollar…
It’s been another week of mixed signals on spot container freight rates from major indices – with the Shanghai Container Freight Index (SCFI) continuing to show significant divergence against the indices supported by Drewry, Xeneta and Freightos. In particular, the SCFI reading for the core Shanghai-Mediterranean Port this week, which saw the spot price rise…
Maersk has unveiled a comprehensive plan to expand its presence in India, pledging $2 billion (Rs 17,000 crore) in port infrastructure, fleet localization, and supply chain development. The announcement was made during India Maritime Week 2025, underscoring the company’s long-term commitment to strengthening India’s role in global trade. Read also: Maersk announces a significant reduction…
Uber Technologies Inc. said: It plans to “significantly expand” its robotaxis and autonomous delivery fleets through partnerships with chipmaker NVIDIA, automaker Stellantis, and a host of self-driving technology providers, the companies said this week. Uber and NVIDIA are working together to support a broad global Tier 4 ecosystem – including Aurora, Avride, May Mobility, Momenta,…
Lufthansa Cargo announces strong growth and network improvements Lufthansa Cargo continues to strengthen. For the first nine months of 2025, the Logistics segment reported adjusted earnings before interest and tax of €184 million, representing a 254% increase compared to the previous year. Capacity rose 6%, sales (RCTK) rose 8%, load factor improved to 62.5%, and…
A report published by Deloitte showed that sweeping tariffs imposed by US President Donald Trump would raise operating costs, disrupt supply chains, and weaken investment momentum in the oil and gas industry in 2026. Read also: Tariff turmoil prompts early import rush as US buyers race to overcome trade uncertainty Why is it important The…