Ekspres Kargo

The Spring Hill plant will produce more truck models as part of the company’s approximately $9 billion U.S. manufacturing footprint expansion.

After grounding its entire MD-11 fleet in November, the carrier began reintroducing the aircraft in May, CEO Raj Subramaniam said.

The carrier’s acquisition of a 49% stake in the Vizhinjam transshipment hub is said to be the single-largest foreign direct investment into the Indian port sector to date.

The port has played a key role during the Middle East war with its location just south of the Strait of Hormuz providing the Persian Gulf with a multimodal gateway to global markets while the strait has been effectively closed.

The meal kit company can now fulfill a greater variety of SKUs after deploying Locus Origin robots at its Phoenix facility.

The e-commerce giant says shipper need for flexibility in a volatile market led it to open its less-than-truckload service to “external” customers.

Container freight rates across all the major east–west trades have soared since February as a result of higher bunker fuel prices driven by the war with Iran and cargo frontloading in the trans-Pacific.

The planned addition is part of the carrier’s “Strategy 2030” expansion plan outlined in April 2024 that aims to add between 10 and 15 terminals to its portfolio by the end of the decade.

The Agriculture Transportation Coalition said its members have not received timely notice of new surcharges on ocean freight, and that the online tariffs posted by carriers are too difficult to navigate.

Tensions in the Middle East are driving higher energy, shipping and commodity costs, which are expected to materialize in Q2, CFO Monica Vicente said.