Boeing Closes In on Mega Ryanair Deal in 737 Max Endorsement
Ryanair previously topped up its order for the 737 Max 8 version with a special high-density configuration to a total of 210 aircraft.
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Softer peak season import forecast trending toward pre-pandemic levels: US retailers
Consumer spending in the coming months will be compromised somewhat by high inflation, while retailers are being conservative in placing purchase orders with factories
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US trucking adds jobs in April as manufacturing expands
US trucking companies added jobs for the second straight month, but the employment wave hasn’t reached package delivery firms or warehouses.
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Evergreen pushed contracted cargo to spot market: FMC shipper complaint
An automotive parts importer alleges that after Evergreen failed to provide approximately 65% of contracted vessel space, it had to pay $750,000 on the
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China to remain top for logistics investment despite regional sourcing shift
Logistics and industrial investment in the Asia-Pacific region was estimated at about $50 billion last year, down from a record $72 billion in 2021.
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Renewed focus on purchase order management leads to tech vs. service dilemma
Tethering purchase order technology to operations can help expedite drastic decisions, but pure software vendors offer a level of neutrality that logistics providers can’t.
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NY-NJ terminals alter free time tariff as FMC rule on closed gates looms
The rule changes will not have much of an initial cost impact on shippers as almost all New York-New Jersey terminals are closed on
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North American Distribution and Supply Chain Projects Decreased in April
Only 167 major new construction projects were planned for the North American distribution and supply chain sector in April 2023, a 19% drop
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Asian air cargo rates fall on rising capacity, cooling demand
There are few signs of improvement in demand for air freight on major trade lanes out of Asia, while a steady increase in below-deck
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