UPS has started notifying approximately 105,000 package delivery drivers of a voluntary severance program offering up to $150,000 to leave the company, as part of a broader effort to streamline its parcel network and reduce costs amid softer shipping volumes. A federal judge last week authorized UPS to proceed with the...
Singapore-based shipyard group Seatrium reported a sharp improvement in its financial performance for 2025, with net profit more than doubling year over year. The company posted net earnings of SGD323.6 million (approximately $256.25 million), compared with SGD158.6 million the previous year — representing a 106% increase. Revenue also climbed strongly, rising 24%...
Canadian freighter operator Cargojet posted lower revenue and earnings in the fourth quarter of 2025, reflecting weaker transpacific demand and strategic network adjustments across its ACMI and charter operations. Revenue for the quarter totaled C$284.7 million, down 2.9% year over year. Profitability declined more sharply, with earnings before income taxes falling...
As global supply chains continue to evolve, specialization and agility have become defining factors for freight forwarders seeking reliable international partners. Among the emerging players gaining visibility in Southeast Europe, ILIRIYUM AIRFREIGHT D.O.O., an EAN Networks Exclusive member based in Croatia, is positioning itself as a dynamic air cargo specialist...
The transpacific container market is undergoing a major reshaping with a total capacity estimated at 5.2 million TEUs, a decrease of approximately 3% compared to the previous year. Behind this overall figure lies a strategic redistribution among shipowners, with some reducing their presence while others strengthen their positions. Maersk and CMA...
The shipping company ONE announces a significant transition at its helm, with the scheduled departure of its longtime CEO Jeremy Nixon after several years of growth and transformation. His successor, Till Ole Barrelet, will officially take over in the summer of 2026. This development comes at a pivotal moment for the...
The digitalization of air freight takes a new step with the launch of AvSys, a platform designed to track packages individually within consolidated shipments. Unlike traditional systems based on overall weight, this technology allows piece-by-piece traceability, directly addressing the growing demands of cross-border e-commerce. The tool offers real-time visibility to all...
Cybersecurity has become the main concern for logistics leaders, even surpassing geopolitical tensions or trade disruptions. A recent study shows that more than a third of business leaders consider a cyberattack to be the most serious threat to operational continuity. Ports, true gateways of global trade, appear particularly exposed to these...
Successive winter storms have severely disrupted cargo air transport in the northeastern United States, prompting United Cargo to extend an embargo on several flights departing from Newark. Several major airports had to reduce or suspend their operations, illustrating the vulnerability of hubs to extreme weather events. Despite these disruptions, companies are...
The rise of online commerce continues to profoundly transform the way shippers plan their logistics flows. According to experts, seasonal cycles are becoming less predictable, forcing freight forwarders to rethink their contractual models and capacity strategies. Transport operators are now seeking more flexibility to manage irregular volumes and shorter deadlines. This...
