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FM Logistic achieves 8.2% organic growth and confirms the strength of its business model - The Loadstar

PRESS RELEASE: FM Logistic, a major international player in logistics and supply chain management, is proud to announce strong annual results for 2024/25, reflecting the relevance of its “Powering 2030” strategic plan and the dedication of its teams. Despite a challenging market environment, the Group achieved revenue of €1,866 million, an increase of 8.2% (at constant scope and exchange rates), with an operating margin of 4%. These performances…Read Article

Evri delivers record results and parcel volumes after increased investment in service - The Loadstar

PRESS RELEASE: Best-ever parcel volumes with 11% increase to over 807m in 2024-25; parcel numbers up 25% in the last two years Record adjusted EBITDA up 17% to £341m, on revenue higher by 12% to £1.85bn during the period that Evri was acquired by Apollo Funds £57m investment in operations and technology to further improve service, as Evri rated one of the Top 10 most improved brands in 2024 by YouGov’s brand index Announced plans ... The post Ev…United Kingdom · United Kingdom Read Article

Transpacific and Asia-Europe Spot Rates Soften Despite Looming GRIs

Spot container freight rates on the transpacific and Asia-Europe trades continued to soften this week, with no general rate increases (GRIs) or peak season surcharges (PSSs) to halt the slide.See the Story

AI 'no silver bullet' to deal with potential chaos after de minimis ends - The Loadstar

Those hoping AI will deal with the mass of declarations set to flood US customs offices from 2027, following the Trump administration’s decision to end the de minimis exemption on a global scale, are set for a rude awakening if they fail to properly recruit. Access to the exemption has already been terminated for goods from China and Hong Kong, since 2 May, with warnings that customs transactions are only set ... The post AI ‘no silver bullet’ t…Artificial Intelligence · United States Read Article

Air cargo: Tension along Asian supply chains as shippers await US decisions - The Loadstar

“It’s really very quiet. Everybody is waiting for the final result.” And no, we’re not talking about the final of the UEFA Women’s Euros. Shippers are waiting to discover the new – and perhaps even permanent – tariffs to be mandated by the US. And people don’t want to ship anything first. “The tariffs levels have still not been released for Singapore, India, Taiwan and China,” continued Kathy Liu, VP global sales ... The post Air cargo: Tensio…Singapore · Singapore Read Article

News from The Loadstar