UPS growing RFID usage to boost shipper visibility, trim manual scans
The carrier will equip U.S. hubs with RFID sensors and customers with label printers as it looks to connect nearly all of its packages with the technology, an executive said.
The carrier will equip U.S. hubs with RFID sensors and customers with label printers as it looks to connect nearly all of its packages with the technology, an executive said.
Local BCOs are adopting a wait-and-watch strategy until there is greater clarity regarding cargo insurance costs and vessel passage through the Strait of Hormuz before committing to contract deals with carrier partners, sources say.
Transpacific trade remains solid despite Middle East tensions as retailers have already begun replenishing summer inventory, per a port press briefing Monday.
The LTL carrier, preparing for a June spinoff from FedEx, is targeting higher-growth customer segments “that align with our offerings,” an executive said.
The parent company of Calvin Klein and Tommy Hilfiger plans to offset 60% of the financial impact of levies this year, doubling the percentage it achieved in 2025.
The customs agency will prioritize unliquidated entries in the first phase of the refund process that was instigated by the February Supreme Court decision to invalidate tariffs on most US trading partners.
The doubling in bunker fuel prices in some key hubs since the war in the Middle East began six weeks ago is focusing industry attention on energy costs as supply scarcity worsens.
The doubling in bunker fuel prices in some key hubs since the war in the Middle East began six weeks ago is focusing industry attention on energy costs as supply scarcity worsens.
While the $4.2 billion transaction still requires approvals from the Israeli government, it points to an appetite for consolidation among carriers despite the lack of financial distress that accompanied earlier merger eras.
Prices have more than doubled since the war started, and with fuel comprising almost 30% of operating expenses, the Hong Kong-based carrier has been forced to reduce capacity.