USPS’ 2024 holiday performance slipped amid capacity constraints
Delivery reliability improved for the agency’s Ground Advantage product but faltered for most other categories, per a report from the USPS Office of Inspector General.
Delivery reliability improved for the agency’s Ground Advantage product but faltered for most other categories, per a report from the USPS Office of Inspector General.
The bloc has now paused implementation three times, with the latest moratorium coming after reaching a framework deal with the U.S.
Graphjet Technology says growth in U.S. semiconductor manufacturing is timely for its planned expansion in Nevada.
Philippine-based ICTSI reported a 15% jump in H1 2025 net income to US$484m, fuelled by strong cargo growth and higher revenues. International Container Terminal Services, Inc. (ICTSI), the Philippine-based global terminal operator, posted a 15% increase in net income to US$483.8m for the first half of 2025, driven by an 11% rise in throughput and…
Matson expects a sharp drop in Ocean Transportation earnings in Q3 2025 year-over-year due to weaker China volumes and subdued peak season demand. US carrier Matson Inc. reported second-quarter net income of US$94.7m, down from US$113.2m a year earlier, as consolidated revenue dipped to US$830.5m from US$847.4m, amid weakening demand on its China service and…
The carrier is starting similar conversations with truckload customers about higher shipping costs.
Ed Oldham previously oversaw PetSmart’s North American distribution and transportation strategy as SVP and chief supply chain officer.
The household products company’s strategic changes include alternative sourcing of raw materials and bringing manufacturing closer to customers.
SeaLead has terminated multiple charter contracts after 16 of its operated vessels were named in a fresh US sanctions update targeting Iran-linked shipping. Singapore-based container shipping company SeaLead Shipping has been forced to terminate charter agreements covering almost a third of its operated fleet after 22 container vessels were added to the US Office of…
Vietnam’s Phuoc An Port returns to Mitsui E&S for its largest-ever crane order. Japan’s Mitsui E&S Co. has won a deal to supply 11 STS cranes (Mitsui-Paceco Portainer) and 11 electric RTGs (Mitsui-Paceco Transtainer) to Petro Vietnam Phuoc An Port Investment & Operation Joint Stock Company (PAP), marking the largest-ever crane order in Vietnam for…