American shipping giant FedEx has announced a rate increase across its delivery services, effective January 2025. This adjustment will affect both U.S. and international shippers, impacting the cost of handling both lightweight and heavy packages. The adjustment is driven by challenging economic conditions, including rising operational costs, inflation, and fuel prices in the United States….
Logistics and transportation is an intricate puzzle of interconnected routes, carriers, shippers, modes, and supply chains. Delivering success requires these pieces to fit seamlessly together. However, the complexity of modern operations extends beyond just the physical networks. Survey details The 33rd Annual Study of Logistics and Transportation Trends surveyed more than 200 industry practitioners, 85% of…
The Nigerian Federal Government has adopted the Cape Town Convention (CTC) Practice Directions, which is expected to transform airline operations and provide a significant boost to the nation’s aviation. On September 12, 2024, the Chief Judge of the Federal High Court, Justice John Terhemba Tsoho, officially signed the CTC Practice Directions during a stakeholders’ meeting…
Boeing is currently facing substantial production delays due to an ongoing worker strike. This situation has caused disruptions in operations and raised concerns within the industry. Boeing, along with Airbus, holds a dominant position globally as major aircraft manufacturers, specializing in commercial and military aircraft, as well as rocket satellite communication equipment and missiles. Boeing…
The global manufacturing industry is expected to grow by 0.6% in 2024. According to a report with significant differences in growth across various regions, the outlook excludes China, with a projected decline of 0.9%. The growth forecast for China’s manufacturing output is 2.3% for 2024. Germany’s manufacturing sector will continue to struggle while South Korea,…
A pioneering South African wine company founded and run by women, has launched a new range of wines exclusively at Shoprite stores across the country. Established in 2006 by a group of twenty women, the company’s mission is to empower women—especially farm workers and their families—by offering them a meaningful role in the wine industry….
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