Ekspres Kargo

The roughly $30 billion agreement is expected to produce more than 15 billion U.S.-made chips through 2031.

The sportswear brand has collected more than $300 million in refunds for the invalidated levies, as of the quarter ending May 31.

The modest growth in domestic volumes the market has seen this year to date should be well within the sector’s capabilities to handle, but it’s far too soon to “declare victory,” writes Larry Gross.

The Sharjah-based company is the third port operator in the UAE to embark on an end-to-end logistics journey, following its larger Dubai-based neighbor DP World and Abu Dhabi-based AD Ports.

The new ground transportation offering expands the company’s hazardous materials network as battery production and demand continue to grow.

The agreement follows a series of concessions between carrier-controlled terminal operators and Vietnamese companies in the last few years to develop port facilities at Lach Huyen.

The integrator’s positive earnings momentum was led by its air cargo-focused Express division that saw pre-tax profit increase 63% year over year in the quarter.

Spot rates from Asia to the U.S. West Coast are up 120% since mid-May, while the East Coast lane is 85% higher compared to the last six weeks, according to Freightos.

The denim giant held off on fully shifting the location’s work to a third-party site in Ohio amid heightened demand.

Legacy automakers have the added complexity of having to run different supply chains, for ICE, hybrid and EV powertrains.