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Imports

11 Mar
FedEx Express taps Richard Smith, son of founder, as next CEO
Category: Air Freight, Contract Logistics, ...
High demand, fleet electrification and pivotal contract negotiations are on the docket for FedEx Express. Now, Smith is preparing to take the lead. 
10 Mar
In times of crisis, procurement should lead with care
Category: Air Freight, Contract Logistics, ...
Buyers have a role to play in supporting the common good. Here’s where to start.
10 Mar
Russia bans wide range of exports in response to Western sanctions
Category: Air Freight, Contract Logistics, ...
The country will suspend exports of over 200 products including medical and tech equipment until the end of the year.
09 Mar
Coors Light to begin phasing out 6-pack plastic rings
Category: Air Freight, Contract Logistics, ...
Molson Coors will spend $85 million to start the transition to cardboard-wrap carriers for the brew while upgrading machinery so its entire North American portfolio can use the ...
09 Mar
Ocean carriers, ports want to consolidate the South Atlantic Chassis Pool
Category: Air Freight, Contract Logistics, ...
A rise in volumes has the ports looking for ways to expand equipment availability and improve efficiency. Their plan is to give the pool manager more control. 
09 Mar
‘Price-wage spiral’ boosting inflation: Moody’s
Category: Air Freight, Contract Logistics, ...
CFOs confront the harshest inflationary pressures in decades, with supply bottlenecks and labor market pressures persisting.
09 Mar
White House ends Russian oil, energy imports into US
Category: Air Freight, Contract Logistics, ...
President Joe Biden said the actions would “inflict further pain on Putin, but there will be cost as well here.”
08 Mar
Size matters: How Walmart and Target dominated amid disruption, inflation
Category: Air Freight, Contract Logistics, ...
Both retailers leaned on their scale to get goods on shelves and keep prices low, at least relative to the industry. 
08 Mar
Weber: Ocean shipping rates ‘four times historical averages’
Category: Air Freight, Contract Logistics, ...
The outdoor cooking products maker is resorting to the spot market and is paying up to $16,000 on average per container.
08 Mar
Target plans $5B investment in operations, including new distribution centers
Category: Air Freight, Contract Logistics, ...
The retailer will add stores and sortation centers to add capacity and strengthen its omnichannel capabilities.