Urban Outfitters seeks material cost visibility from expanded technology suite
The parent of several retail brands is tacking on additional features to its current production lifecycle management platform to improve supply chain efficiency.
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The parent of several retail brands is tacking on additional features to its current production lifecycle management platform to improve supply chain efficiency.
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan and Jordan discussed regional and global security challenges, as well as ways to expand bilateral cooperation during talks between President Kassym-Jomart Tokayev and King Abdullah II Bin Al Hussein in Astana on No…
What Buyers, Sellers and Investors Often Miss During Due DiligenceBy Sabrina Brigance, CMIP, Managing Director, Marine Practice, Hylant Maritime mergers and acquisitions can create significant opportunities for growth. Private equity...
A French maritime patrol aircraft deployed to Romania to bolster surveillance after a series of deadly strikes on merchant ships in the Black Sea on the edge of NATO's eastern flank will extend its stay by several weeks, its commander said on Thursday.
The Californian port of Long Beach is predicted to handle more than 10m teu this year, for the first time. “It’s been a peak year,” Port of Long Beach CEO Noel Hacegaba told The Loadstar on the sidelines of the World Ports Conference in London this week. “This could well be the first 10m teu year for us.” His comments…
US importers using ‘delivered duty-paid’ (DDP) shipping arrangements face increasing compliance and financial risks, as Customs and Border Protection (CBP) intensifies its scrutiny of foreign importers of record, according to CargoTrans. Nunzio De Filippis, co-CEO, and Rennie Alston, director of trade compliance, warn…
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Central Asia’s role in shaping global governance, strengthening regional cooperation and advancing sustainable development was the focus of an international conference hosted by Narxoz University on Nov. 4 in Almaty, the univ…
It was a strong quarter for all three units. (Stock market reaction: -11.6% in early trade.) So opened the Q3 26 call with analysts by AP Møller-Mærsk (APMM) CEO Vincent Clerc, whose prepared remarks went on, and on, and on, and on for well over 10 minutes. That did feel like a good hour of my life wasted again and th…
The computer peripheral manufacturer’s Chain Reaction initiative will start with 17 suppliers pooling purchasing power to collectively buy renewable electricity.
Maersk experienced a 27% year-on-year bump in its third-quarter revenues, hitting $18.1bn, buoyed by a sharp rise in container freight rates that more than offset a slight dip in volumes, prompting it to join ONE in revising its full-year outlook. While the Danish shipping and logistics group said revenue growth had b…
Uncollected imports are clogging cargo warehouses at Taiwan Taoyuan Airport, tying up dollies and slowing aircraft unloading as equipment arrives to support the island’s AI and semiconductor industries, according to local forwarders. Seko Logistics has reported handling pressure affecting China Airlines, EVA Air, and …
With the headline numbers pre-released three weeks ago, the full third-quarter report matters most for where DHL’s growth is coming from. Express still earns about 60% of group profit, but forwarding is winning air freight faster than its main rivals in a tight market, and Supply Chain’s new contracts are up 42% this …
Three months after a beat-and-hold quarter tested the market’s patience, GXO delivered what it called its fastest organic growth in more than three years, largely finished integrating Wincanton and stepped up buybacks. Premium y’day wondered ahead of trade: ‘Where is the joy?’ – well, the shares rose 9.5% on the day o…
Congestion at several ports continues to put upward pressure on intra-Asia container freight rates, despite improving conditions at major Chinese gateways and key transhipment hubs. The result is the Drewry Intra-Asia Container Index (IACI) is up by $46, to $1,504 per 40ft. Spot rates from Greater China to North-east,…
KLM plans to consolidate cargo handling at Schiphol to accommodate additional freight without hiring more staff, as AI supply chains and disruption to ocean shipping strengthen parent Air France-KLM’s cargo business. The changes form part of a wider restructuring, announced today, aimed at improving KLM’s finances and…
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – More than 300 people have been questioned and over 30 forensic examinations and expert studies have been conducted as part of an investigation into the deaths of servicemen during a military exercise in the Mangystau Region, …
AP Moller-Maersk A/S shares slumped after a guidance upgrade and third-quarter earnings from the world’s second-largest shipping line fell short of analyst estimates.
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan has improved its standing in several international digital development rankings, with progress in artificial intelligence readiness and e-government services highlighting the country’s growing role in the global te…
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Eurasia Group has secured $33 million in financing from the International Finance Corporation (IFC), a member of the World Bank Group, to expand agricultural machinery distribution, maintenance and farmer training networks in…
Danish shipping giant Maersk upgraded its 2026 profit outlook for a third time on Thursday, as congested ports, resilient consumer demand and investments in artificial intellig...
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan has opened a QazTrade office in Istanbul to help domestic manufacturers enter the Turkish market and find business partners in other countries, Kazinform reported on Nov. 4. A new Qaztrade office is located in Ista…
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA — Kazakhstan has proposed establishing a United Nations regional center to combat cybercrime in Astana, as representatives from 27 countries and international organizations gathered in the capital on Nov. 4-5 to discuss cross-b…
The Astana Times provides news and information from Kazakhstan and around the world. HONG KONG – Hong Kong’s Cyberport is looking to deepen its ties with Central Asia as technology hubs in Kazakhstan and Uzbekistan seek to connect their startup ecosystems with international markets, investors and partners. In two sepa…
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan’s Foreign Ministry held a collegium meeting chaired by Foreign Minister Mukhtar Tileuberdi to discuss the implementation of priorities outlined in President Kassym-Jomart Tokayev’s state-of-the-nation address, the …
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – King of Jordan Abdullah II Bin Al Hussein will pay an official visit to Kazakhstan on Nov. 5-6 at the invitation of President Kassym-Jomart Tokayev, Aibek Smadiyarov, the president’s press secretary, announced on his Telegram…
Improving vessel energy efficiency is an important part of the maritime industry’s efforts to reduce fuel consumption and greenhouse gas emissions. While hull performance often receives significant attention, the condition...
The U.S. Coast Guard is exploring the use of commercial icebreaking vessels to help keep Northeast ports and waterways open this winter, as the service prepares for another season of...
Stakeholders such as the World Shipping Council and the National Retail Federation are concerned fees will “add another cost layer to an already strained transportation system.”
Vice President JD Vance on Wednesday blamed Republicans’ midterm election losses on the Trump administration’s eight-month war with Iran, which has driven up global energy prices and left commercial shipping...
Lufthansa Cargo increased its base yields by 14% year on year in the third quarter, with strong demand and constrained capacity supporting pricing power, even as Middle Eastern airlines restored services. Overall yields rose 22%, as the carrier also successfully passed-on higher fuel costs. Adjusted EBIT more than tri…