This week, "Target", the second-largest U.S. department store, released its Q2 2022 earnings. The earnings showed that revenue was US$26.037 billion, a year-on-year increase of 3.5%, slightly lower than market expectations; net profit was US$183 million, a year-on-year drop of 90%.
CMA CGM AIR CARGO,delivering at the highest level. This new operational and commercial arm specialized in air freight transportation complements all the solutions we already provide for our customers, enabling us to support their entire transportation and logistics chain.
The top 25 global air cargo carriers are newly released. Source: IATA 2021 World Air Transport Statistics. FedEx has once again topped IATA's cargo rankings.
Walmart said it has canceled billions of dollars in orders while reducing some products that are not favored by consumers in order to bring inventory levels in line with projected demand levels.
"Transport Topics" announced the ranking of Top 100 Largest Logistics Companies in North America. C.H. Robinson Worldwide, Expeditors, and UPS ranked the top three; Kuehne + Nagel Americas and J.B Hunt Transport ranked fourth and fifth respectively. Of the 6-10 positions, XPO Logistics and DSV are 6th and 7th.
Recently, the ranking of "Top 10 Strongest Logistics Brands 2022" released by Brand Finance, a global authoritative brand value evaluation agency, shows that SF Express and JD Logistics entered the top 10, SF Express ranked 4th, and JD Logistics ranked 8th. In addition, UPS, FedEx, and USPS are on the list.
In cope to container fires, Maersk recently announced the acquisition of Viking Life-Saving Equipment, It will provide fire fighting tools for Maersk's entire container fleet.
The ZIM container ship "ZIM CHARLESTON", near the port of Colombo, Sri Lanka, had a fire in the hold of its cargo containers, damaging about 300 containers.
