DHL Supply Chain Acquires Immar, Emerging as North America’s Top Returns Processor

The acquisition enhances DHL’s capacity to address rising e-commerce demands and streamline return processes for retailers. DHL Supply Chain has announced its acquisition of Inmar Supply Chain Solutions, a leading reverse logistics provider for the e-commerce and retail industries. This strategic move positions DHL as the largest returns processor in North America, addressing the increasing…

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U.S. imports have risen for the 15th consecutive month, according to S&P Global.

The United States imports for November totalled 2.72 million TEUs (Twenty-Foot Equivalent Units), representing a significant 12.3% increase compared to last year. This marks the 15th consecutive month of annual growth in U.S.-bound imports, reflecting the continued strength in demand despite economic uncertainties. Still, when compared sequentially to October, imports experienced a slight dip of…

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Supply Chain Cyber Attacks Skyrocket by 431% Since 2021, Exposing Businesses to Unprecedented Risks!

The manufacturing sector faces the highest risk from cyber threats. According to the latest Cyber Roundup Report, supply chain cyber-attacks have surged by 431% since 2021, highlighting the growing risks linked to interconnected businesses. Cowbell, an insurance provider for SMEs and middle-market companies, publishes the report. It draws on a comprehensive three-year dataset from over…

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Amazon Air Cargo Takes On FedEx and UPS

The carrier now serves domestic networks in US, Europe, the Middle East, Africa (EMEA), and Asia. E-commerce giant Amazon has officially entered the for-hire air cargo market, offering space on its extensive fleet of cargo jets to freight forwarders and businesses. This expansion goes beyond Amazon’s parcel delivery service and is positioned to compete with…

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FedEx Announces Plans to Raise Rates for Ground, Express, and Freight Services.

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….

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US Boeing Faces Major Production Delays Amid Worker Strike

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…

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The Global Manufacturing Industry is on Track for a 0.6% Growth in 2024

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,…

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